Fund Operations Manager - Perpetual Corporate Trust

Perpetual Limited; Sydney; On-site; AUD 120,000 - 180,000; Full time

Benefits offered by this job

Work from anywhere in Australia for up

Annual wellbeing allowance

Study support and professional dev.

Job summary

Perpetual Corporate Trust in Australia is seeking a Fund Operations Manager to lead day-to-day fund operations across liquidity, pricing, cash management and expenses. You will work with investment managers, custodians and internal teams to ensure accurate processing and robust governance.

The role focuses on strong controls, timely NAV and unit pricing outputs, and effective risk management. Ideal candidates have at least 3 years in managed funds operations or oversight, with accounting

Qualifications

• At least 3 years in managed funds operations or oversight.
• Experience with custody, investment administration, registry, audit or investment operations.
• Experience with unit pricing, audit and financial statements.
• Experience with Managed Investment Schemes.
• Tertiary qualifications in accounting (desirable) or related fields.

Responsibilities

• Oversee day-to-day fund operations and maintain effective procedures, controls and service standards.
• Review asset allocations between cash and underlying investments and oversee reconciliations.
• Monitor fund liquidity and cash positions, including cash flow forecasting for trades, redemptions and distributions.
• Coordinate applications and redemptions in underlying funds and instruct custodians to execute approved activity.
• Review fund accruals and oversee approval and payment of fund expenses.
• Review and sign off NAV and unit pricing outputs, escalating material exceptions.
• Review and approve management fees, performance fees, rebates and other fund-level charges, driving stronger controls and continuous improvement.

Skills

Analytical thinking

Communication skills

Prioritisation & delivery

Attention to detail

Stakeholder management

Education

Accounting qualifications

Background in business/economics/law

Job description

• Take ownership of core fund operations across investments, liquidity, pricing, and cash
• Build broad exposure across investment managers, custodians, and fund service providers
• Help strengthen operational controls and service delivery within Managed Funds Services

Perpetual Corporate Trust

Perpetual Corporate Trust (PCT), a specialist business within the Perpetual Group, is a leading fiduciary, custody and digital business in Australia, with operations in Singapore. We provide a unique range of products to help clients, and the industry, be more effective, efficient and economical while managing ever-increasing cyber security risks and maintaining compliance. Domestic and global financial institutions leverage our corporate strength, commercial approach, risk and compliance practices, expertise and service excellence in debt markets, managed funds and digital solutions to enable our client's success.

Join Perpetual Corporate Trust as a Fund Operations Manager, supporting the delivery and ongoing development of our Managed Funds Services offering. The role provides broad operational exposure across fund investment activity, liquidity, cash management, unit pricing, fees, expenses and investment-related reporting. In this role, you’ll work closely with investment managers, custodians, administrators and internal teams to ensure investment activities are completed accurately and efficiently, with appropriate operational controls. You’ll bring hands‑on fund operations expertise while helping identify issues, strengthen processes and support effective governance and risk management.

What you’ll be doing

• Oversee day-to-day fund operations and help maintain effective operating procedures, controls and service standards.
• Review asset allocations between cash and underlying fund investments and oversee reconciliations of fund assets and investment positions.
• Monitor fund liquidity and cash positions, including cash flow forecasting for investment trades, redemptions and distributions.
• Coordinate applications and redemptions in underlying funds and instruct custodians to execute approved investment activity.
• Review fund accruals and oversee the approval and payment of fund expenses.
• Review and sign off NAV and unit pricing outputs, investigating and escalating material exceptions where required.
• Review and approve management fees, performance fees, rebates and other fund‑level charges while contributing to stronger controls, quality assurance and continuous improvement.

About you

You’ll bring a solid grounding in managed funds and be comfortable working across detailed operational processes, multiple stakeholders and time‑sensitive deliverables.

Ideally, you'll have:

• At least 3 years’ experience in managed funds, gained in an operations, accounting or oversight capacity.
• Practical knowledge of the managed funds industry, with exposure to areas such as custody, investment administration, registry, audit or investment operations.
• Experience with unit pricing, audit and financial statements will be highly regarded.
• Experience working with Managed Investment Schemes will also be highly regarded.
• Tertiary qualifications in accounting are highly desirable, while relevant qualifications in business, economics or law will also be considered alongside appropriate experience.
• Strong analytical and critical thinking skills, with high attention to detail.
• Clear communication skills and the ability to build productive relationships with multiple internal and external stakeholders.
• The ability to prioritise effectively and meet delivery timelines.

How we work

Our unique culture is underpinned by our three organisational behaviours, Stretch, Own it, Make an impact which drive our approach of day-to-day interactions with colleagues and clients, the way we approach decision-making to the questions we ask and the problems we solve.

Employee benefits

• Work from anywhere in Australia for up to one month each year
• An annual allowance to empower you to prioritise your personal wellbeing
• Study support and commitment to supporting professional development

We're committed to creating an inclusive workplace where diversity is celebrated. No matter your background or circumstances, we aim to provide an environment where you can thrive.