Join our client's trailblazing team as a Fund Accounting Senior/Associate in their first-ever office in the Philippines. This position offers unparalleled regional exposure and the exciting opportunity to influence the organization's growth journey. Don't miss your chance to be a part of this pioneering venture and make a significant impact. Apply now and shape the future with us!
Our client is a leading provider of fund administration and financial technology solutions tailored for the alternative investment industry. With offices in major financial hubs including Hong Kong, China, London, Singapore, Kuala Lumpur, and the United States. They cater to a diverse range of clients such as asset managers, family offices, institutional investors, and funds of funds.
The successful applicant will be responsible for preparing and delivering seamless fund administration services to asset and fund managers of private equity funds.
Responsibilities
- Provide accounting services for private equity fund clients including preparing and processing transactions and other fund accounting output for subsequent review.
- Provide support to respond to client and or investors queries.
- Prepare/ review fee calculations (management fees, capital call amounts, distribution amounts, carried interest and waterfall) and verifying that calculations are in accordance with the applicable fund terms.
- Prepare/ review various statements and notices including but not limited to investor capital call and distribution notices.
- Prepare/ review ad-hoc requests regarding fund and investor specific reports as well as analysis.
- Prepare/ review fund's periodic (monthly/ quarterly/ annually) reports and annual audit supports.
- Prepare/ review SPV accounting.
- Ensure the accuracy and timeliness of all deliverables.
- Provide payment support to client.
- Understand and assist clients with other reporting, such as CRS/FATCA, VAT, K1s etc.
- Assist clients to address and resolve audit inquiries from external auditors during year-end audit.
- Participate in pre-project stage discussion with the clients and to define more detailed services model for specific clients as required.
- Participate in the internal as well as external technology solutions to address the complex reporting and data requirements of clients.
- Exposure to and learning the latest technology solutions in the asset servicing industry, and driving automation for less manual bookings and providing more value-added services to clients.
- Perform additional duties as and when assigned.
Qualifications
- Bachelor's degree in Accounting or Commerce or Finance or a related degree with a major in Accounting.
- An internationally recognized accounting qualification or under taking of such professional qualifications such as CPA, CA is highly regarded.
- Minimum of 4 years of experience in accounting with a specialty in private equity, or a combination of audit/fund administration and private equity funds experience is highly regarded.
- Knowledge of different accounting standards (IFRS, USGAAP).
Other Skills
- Strong written and verbal communication and presentation skills.
- Able to work under pressure, multi-task and enjoy working in a fast-paced environment.
- High integrity and accountability for proposing solutions, time management and reporting back to management in a timely manner.
- Detail-oriented and analytical, able to perform work with high accuracy, mature, self-motivated.
- Good problem-solving skills and a team player.
- Proactive manner with excellent organizing and planning skills.
- Fluency in both spoken and written English. Proficiency in spoken Chinese Mandarin is a plus.
- Proficiency in Excel and other windows-based software
