Associate

Benli International (HK) Limited; Hong Kong; On-site; HKD 420,000 - 600,000; Full time

Job summary

Benli International (HK) Limited in Hong Kong seeks a Fund Operations professional to manage NAV calculations and daily fund administration for Open-ended Cayman, BVI, HK OFCs and LPFs. You will coordinate onboarding, setup, and performance fee methodologies, while ensuring accurate accounting and timely data delivery.

The role requires 3–5 years in fund operations or related areas, familiarity with AML/KYC, and strong Excel skills.

Qualifications

• 3–5 years in Fund Operations, Middle Office, Fund Accounting, or Fund Administration.
• Experience with asset management firms or fund administration is preferred.
• Knowledge of AML/KYC and FATCA/CRS is a plus.

Responsibilities

• Prepare, review and reconcile NAV calculations daily, weekly and monthly.
• Lead onboarding and fund implementations including fund setup and fee methodologies (HWM, Hurdle).
• Review valuations, corporate actions, fees, and accounting records for accuracy.
• Ensure timely fund accounting data delivery in line with standards and policies.
• Coordinate subscriptions, redemptions, investor allocations, and transfers.
• Oversee onboarding, KYC/AML documentation, and fund closing documents.
• Manage transfer agency activities and investor servicing.
• Support regulatory reporting including FATCA/CRS filings.

Skills

Excel

KYC/AML

English Chinese

Fund accounting

Education

Bachelor's degree in Accounting/Finance

Tools

Fund accounting systems

Job description

Position Overview

Responsible for providing fund administration services for Open-ended Cayman Funds, Open-ended British Virgin Islands (BVI) Funds, Hong Kong Open-ended Fund Companies (OFCs), and Hong Kong Limited Partnership Funds (LPFs).

Oversee and review fund Net Asset Value (NAV) calculations and valuation processes to ensure accuracy and timeliness. Coordinate day-to-day interactions among fund managers, custodians, auditors, and other service providers to maintain high service quality and operational efficiency.

Key Responsibilities

Prepare/ Review and reconcile daily, weekly, and monthly NAV calculations

Lead client onboarding and fund implementation projects, including fund setup. Configure performance fee methodologies such as High-Water Mark (HWM) and Hurdle Rate in accordance with fund offering documents/ Limited Partnership Agreement, ensuring accounting systems accurately reflect client-specific requirements.

Review portfolio valuations, corporate actions, expense accruals, management fees, performance fees, and accounting records to ensure completeness and accuracy.

Ensure timely delivery of fund accounting data in compliance with applicable accounting standards, fund documentation, and internal policies.

2. Open-ended Fund Operations Management

Support the full lifecycle operations of open-ended investment funds.

Coordinate fund subscriptions, redemptions, investor allocations, cash movements, and daily operational activities.

Manage investor onboarding and account opening processes, including review of KYC/AML documentation, subscription agreements, and fund closing documents.

Handle transfer agency activities and investor servicing functions.

Coordinate the establishment and maintenance of trading, custody, bank, and brokerage accounts.

Manage regulatory reporting and tax compliance requirements, including FATCA and CRS filings.

3. Project Management & External Coordination

Participate in and lead system implementation and change management projects, including end-to-end User Acceptance Testing (UAT).

Liaise with custodians, prime brokers, auditors, banks, legal advisors, valuation agents, and other external service providers.

Support annual audit engagements for Cayman Funds, BVI Funds, Hong Kong OFCs, Hong Kong LPFs, and other investment vehicles.

Participate in fund launches, new product onboarding and fund liquidation projects.

Support system implementation, process automation, operational enhancement, and digital transformation initiatives.

Qualifications & Requirements

Education

Bachelor's degree or above in Accounting, Finance, Economics, or a related discipline.

Experience

3-5 years of relevant experience in Fund Operations, Middle Office Operations, Fund Accounting, or Fund Administration.

Experience with asset management firms, fund managers, or fund administration service providers is highly preferred.

Technical Knowledge

Knowledge of AML/KYC requirements and FATCA/CRS reporting is a plus.

Understanding of hedge fund operations and open-ended fund operating models.

Familiarity with Hong Kong Securities and Futures Commission (SFC) regulatory requirements and asset management operational governance frameworks.

Advanced proficiency in Microsoft Office, particularly Excel.

Experience with fund accounting systems and fund administration platforms is preferred.

Professional Qualifications

CPA, ACCA, or equivalent professional accounting qualification is preferred.

Language Skills

Excellent written and verbal communication skills in both English and Chinese.

Ability to conduct professional business communication in Mandarin and English.