Senior Central Fund Operations - India/Mauritius/Chile (AMIF)

AMICORP WEALTH SERVICES; Jun; On-site; EUR 45,000 - 65,000; Full time

Job summary

AMICORP WEALTH SERVICES is seeking an experienced Fund Administrator based in Jun, Andalucía. You will oversee fund administration tasks, ensuring accurate NAV calculations and compliance with local regulations. The role requires strong leadership and client-facing skills to manage a portfolio of funds.

The ideal candidate will possess a Bachelor’s degree in Accounting or a related field, with at least 10 years of experience in the fund services industry, demonstrating proficiency in IFRS and US GAAP standards. Excellent English communication skills are essential.

Join a dynamic team dedicated to providing outstanding fund management services.

Qualifications

• Minimum 10 years of experience in Fund Administration, strong industry knowledge.
• Excellent communication skills, including fluency in English.
• Hands-on experience with Alternative Investment funds, particularly private equity and real estate.

Responsibilities

• Oversee administration of a portfolio of Funds and ensure timely delivery of NAVs.
• Serve as a point of contact for fund clients and assist with onboarding processes.
• Lead and monitor team productivity and implement process improvements.

Skills

Fund Administration

Accounting principles (IFRS, US GAAP)

Client communication

Analytical skills

Education

Bachelor’s degree in Accounting, Economics or Business Administration

Tools

PFX Paxus

Job description

Ebene (Mauritius) (17 Jun 2024) JD925

The role will be primarily responsible for administration of a portfolio of Funds, including providing investors and corporate services as necessary. The role holder will be responsible for the preparation and timely delivery of Net Asset Values (NAVs), the preparation of financial statements, reporting and fund accounting. The role holder may be responsible for a team and work closely with internal teams and clients to support fund operations, reporting, and compliance.

Primary Duties and Responsibilities

Fund Administration and Service Delivery

• Ensure optimal funds’ business set-ups.
• Ensure KYC process on investors’ applications is in line with local regulation and Amicorp Group standards.
• Ensure proper documentation at each stage of process cycle in accordance with the requirements of the PPM/ Offering documents and compliance with internal Amicorp Group procedures and regulatory requirements.
• Service fund clients to ensure timely and excellent delivery of services as agreed with each fund.
• Responsible for accurate and timely issuance of funds’ NAVs in line with prospectus, laws and regulations.
• Ultimately responsible for all aspects of fund accounting which include creation of security masters, trade processing, pricing, valuation, recording corporate actions, calculation of interest/dividend accruals, cash/position/dividend/coupon reconciliations, periodic accruals, calculation of management/performance fees, equalization etc.
• Prepare Regulatory and Financial reporting on SICAVs/Funds and investors, including responding to queries, as applicable.
• Process Investor transactions of funds (Subscriptions, Redemptions, Transfers and Switches).
• Distribution of investor statements (Contract notes, NAV statements, documents, etc.).
• Transaction monitoring and initiating investor payments and internal transfers for funds.
• Preparation of financial statements, Preparation of PBC items and liaison with Auditors.
• Pro-actively monitor regulatory changes having an effect on the funds and/or underlying investors.
• Very good accounting knowledge, hands‑on experience with various accounting principles (IFRS, US GAAP). A full understanding of and expertise on both UCITS and Alternative Investment funds and in particular private equity and real estate funds.

Client Support

• Serve as a point of contact for fund clients and local offices, addressing inquiries, providing assistance with fund‑related matters, and resolving issues promptly.
• Assist clients with onboarding processes, including the setup of fund accounts and documentation requirements.
• Prepare and distribute client reports, statements, and performance summaries as needed.
• Monitor service delivery against client expectations and service level agreements (SLAs).
• Implement best practices and quality control measures to enhance the overall client experience.

Time Recording and Team Management

• Lead by example by accurately recording chargeable time and value of service using Maconomy, ensure effective monitoring of transactions, handle pricing, invoicing and collection of outstanding fees for the portfolio of clients.
• Monitor teams’ productivity and chargeability/billing on a weekly basis. Solve payment problems, as well as collection of outstanding invoices.
• Monitor all accounting and fund activities to ensure quality and timeliness.
• Process Improvement – Identify opportunities for process improvements to enhance efficiency and accuracy in fund administration tasks.
• Collaborate with colleagues to implement best practices and streamline workflows.
• Stay updated on industry trends and technological advancements in fund administration.

Other Duties

• Undertake the role of director, trustee, nominee, manager, partner, secretary, authorized signatory or any related position in internal entities or client entities of Amicorp Group, where necessary and required by the Management.
• Undertake such other duties, related to the position, as may from time to time be agreed with Management.

Qualifications, Skills, and Experience

• Relevant Bachelor’s degree in Accounting, Economics or Business Administration.
• At least 10 years’ experience in Fund Administration with good knowledge of the fund services industry.
• Very good accounting knowledge, hands‑on experience with various accounting principles (IFRS, US GAAP). A full understanding of and expertise in Alternative Investment funds and, in particular, private equity and real estate funds.
• Hands‑on experience in the field of Fund Accounting, Investor Services (Registrar and Transfer Agent services), Fund Structuring and/or Fund Directorships. Good understanding of local market Fund regulations. Knowledge of PFX Paxus preferred.
• Excellent organizational, interpersonal and communication skills.
• Excellent client facing skills. Well‑developed spoken and written communication skills and the ability to tailor style to relevant audiences, and successfully liaise with people at different levels. Excellent English language fluency; additional languages preferred.
• Strong analytical and problem‑solving skills, solution driven, highly organized and detail‑orientated with good decision-making and time‑management skills. Independent, hands‑on and takes accountability to deliver solutions and results.
• Ability to adapt and work in a smaller, dynamic local team environment with tight deadlines; along with being part of a bigger matrix organization. Proven leadership and team player skills, with ambition to excel in the role.