HUGH HARNETT

19 Xrystal Village
George Town, Grand Cayman, KY1-1023 Cayman Islands
+ 345 525 2247
hh5a43f0@westpost.net
Nationality: British / South
African
FUND ADMINISTRATOR * FUND CONTROLLER: Hedge Funds
Knowledgeable financial professional with extensive experience
administering diverse hedge fund portfolios valued between $10 million
and $100 million. Financial audit specialist with demonstrated expertise
leading nonprofit, private and public sector audits for Big Four firms
including PriceWaterHouse Coopers and Deloitte & Touche. Proven
history of success leading and training expert teams and cultivating
profitable relationships with clients, shareholders and internal
stakeholders.

Hedge Fund Administration

Hedge Fund Controlling & Oversight
Financial Audits
Financial Accounting (US GAAP & IFRS)
NAV Calculations
Financial Statement Preparation
IFRS / ISA Compliance
Systems Automation
Expectations Management
Proposal Development
Client & Shareholder Relations
Staff Leadership, Development & Training

PROFESSIONAL EXPERIENCE
MORVAL BANK & TRUST (CAYMAN) LIMITED, Grand Cayman, Cayman Islands
* 2009-Present
Subsidiary of Swiss financial institution Banque Morval, specializing in
hedge fund administration and Trust operations for high-net-worth
European clients.
Assistant Manager
Oversaw administration of fund portfolio with investments including
Equities, Bonds, Private Equity, Fund of Funds, Options, Warrants,
Futures, and Foreign Exchange Forward Contracts. Calculated NAV's
and fees. Processed subscription / redemption orders. Reviewed and
assured accuracy of NAV. Reported to Cayman Islands Monetary
Authority. Collaborated with shareholders, investment managers,
external auditors, and internal teams as necessary. Managed and
resolved technical issues on MFACT and MShare systems. Prepared
financial statements in compliance with IFRS. Assured compliance of
personnel work with prospectus documentation, class supplements and
legal agreements.
*Ensured timely and accurate setting of NAV's.
*Assisted in extensive system upgrade that secured
improvements in company operations.
*Played key role in developing Class Supplement documentation
to support launch of 2 funds.
*Created Forex hedging spreadsheets for Investment Manager's
multi-currency, multi-class funds.
*Streamlined and improved relations with clients.
PRICEWATERHOUSE COOPERS (CAYMAN), Grand Cayman, Cayman Islands
* 2007-2009
Big Four financial audit firm employing approximately 120 employees in
Grand Caymans location.
Senior Associate
Administrated and audited offshore hedge funds with net asset values up
to $1 billion. Supervised audit teams in conducting comprehensive audits
of financial systems. Evaluated fund performance and recalculated NAV-
based fees. Drafted and reviewed financial statements and assured
compliance with IFRS, US GAAP, and fund-specific documentation.
*Cultivated profitable relationships with clients including
investment managers and fund administrators. Assured timely
and under-budget audit process.
RHODES UNIVERSITY, Grahamstown, South Africa * 2006-2007
Internationally recognized South African university with approximately
6,000 students.
Lecturer
Delivered expert instruction and student guidance in areas of taxation,
accounting, and auditing. Prepared course materials; delivered lectures
and tutorials. Set and oversaw examinations.
*Served as Financial Accounting Course Leader for Rhodes
Investec Business School.
*Served as lecturer in the Department of Accounting in
Accounting (1&2) as well as lecturer in taxation (3) and auditing
(3 & 4).
*Developed comprehensive accounting core curriculum in
compliance with South African Institute of Chartered
Accountants, IFRS and ISAs.
DELOITTE SOUTH AFRICA, East London, South Africa * 2003-2005
South African location of Big Four auditing and professional services
company.
Audit Senior
Managed financial teams of up to 10 personnel in processing client
account records and development of financial statements. Calculated
most tax-efficient client business structures. Audited nonprofit, private
and public sector companies. Reviewed client financial statements in
compliance with IFRS. Conducted forensic audits. Performed company
valuations and due diligence reviews. Oversaw company background
investigations for prospective tenders of public sector contracts.
*Conducted multiple client audits and tax structuring within budget
and within deadlines.
*Created and audited comprehensive metrics facilitating awarding
of tenders.
*Secured numerous clients through skilled proposal development
and relationship fostering.
EDUCATION
Bachelor of Accounting
Rhodes University, Grahamstown, South Africa
PROFESSIONAL DEVELOPMENT
Rhodes University
Statistics 1 * Economics 1 & 2 * French 1 * Commercial Law 1 & 2 *
Information Systems 2
Auditing 3 & 4 * Financial Accounting 1, 2, 3 & 4 * Management & Cost
Accounting 3 & 4
Taxation 3 & 4
South African Institute of Chartered Accountants
First Qualifying Exam
Public Accountants & Auditors Board
Second Qualifying Exam
Chartered Accountant, South Africa
PROFESSIONAL AFFILIATIONS
South African Institute of Chartered Accountants
TECHNICAL SKILLS
Microsoft Word, Excel, PowerPoint & Access * MFACT * MShare
IPBS * Pastel * PwC Teammate * Deloitte AS2
LANGUAGES (FLUENT)
English
Afrikaans

HUGH HARNETT
19 Xrystal Village * George Town, Grand Cayman, KY1-1023 Cayman Islands
+ 345 525 2247 * hh5a43f0@westpost.net * Nationality: British / South African

Dear Sir/Dear Madam:

As a knowledgeable financial professional with extensive experience managing div
erse global hedge funds, I am writing to express my interest in a Fund Administr
ator position with your organization. Combining extensive expertise in internati
onal finance, private and public sector auditing, and corporate tax structures w
ith a talent for team leadership and instruction, I am confident I will prove to
be an indispensable member of your team.
My notable achievements in past roles include:
* Jointly managing hedge fund administration for Morval Bank & Trust Cayman Ltd.
* Leading public, private and nonprofit sector audits for Big Four auditing firm
s PriceWaterHouse Coopers and Deloitte & Touche.
* Cultivating profitable relationships with high-net-worth clients, shareholders
and internal stakeholders for several financial organizations.
Please refer to the enclosed resume for a more detailed account of my profession
al history, and feel free to contact me at your earliest convenience. Thank you
for your consideration.
Sincerely,

Hugh Harnett

Resume