Roles & Responsibilities

We are currently seeking a Fund Accountant who will reports to the Fund Administration Manager. The Fund Accountant will be responsible for financial statements, fund accounting, financial reporting, and net asset value (NAV) calculations. The role involves ensuring accurate NAV calculations of investment funds, maintaining accurate records, and ensuring compliance with regulations and industry standards.

Responsibilities

• \tManage and support daily operations for the fund accounting activities

• \tDaily reconciliation and processing of trades, and the calculation of daily and monthly Net Asset Values (NAV), profit and loss statements and reports for various funds.

• \tWork closely with fund administrators and custodians to ensure on-time settlement of all equity, futures, and FX trading activities

• \tAssist in performing regular fund NAV valuation, trade booking, reconciling positions and maintaining fee accruals, corporate actions

• \tMonitors cash flows, expenses and fee calculations (performance fees etc)

• \tWork closely with fund administrators and custodians to ensure on-time settlement of all equity, futures, and FX trading activities

• \tSupport multiple asset classes and various funds structure setup

• \tPrepare financial statements in accordance to IFRS standards for Investment Funds and audit-related tasks

• \tAssist to manage and coordinate compliance and regulatory requirements involving auditors, corporate secretary, tax advisors and legal counsels

• \tParticipate in fund administration system rollout initiatives by coordinating with IT and other stakeholders to ensure smooth operational transitions for new fund management initiatives

• \tHandle adhoc duties to support the operational and fund accounting needs of the business and management

Requirement

• \tA Bachelor's degree in Accounting or related field, and MUST be a qualified Singapore Chartered Accountant (CA) or other equivalent qualifications to prepare Fund administration related work

• \tAt least 5 years of working experience and 3 years of relevant experience in fund administration, and knowledge of preparing funds' financial statements is a must.

• \tGood working knowledge of investment products, investment operations and familiarity with fund regulations and accounting standards. Familiarity with various asset classes, such as equities, fixed income, alternatives. Knowledge of MAS regulation requirements and able to draft Financial statements in accordance to RAP7 and IFRS standards for Investment Funds.

• \tTimeline cautious with the ability to complete fund accounting processes independently, with minimal supervision.

• \tSelf-motivated, detailed-oriented and possess strong analytical skills

• \tGood written, verbal communication skills in English and Mandarin so as to provide service to Chinese speaking customers and read report in Chinese. . Ability to communicate via Chinese business will be an added advantage