Fund Operations Manager, Macquarie Capital

Macquarie Group; Hong Kong; Hybrid; HKD 480,000 - 640,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Volunteer leave

Flexible working

Medical and life insurance

Learning & development

Hybrid working

Home office reimbursement

Job summary

Macquarie Group in Hong Kong seeks an experienced Fund Operations Manager or Fund Accountant to support fund operations across multiple vehicles. You will liaise with the fund administrator, internal stakeholders and investors to ensure accurate reporting and efficient processes.

The role emphasizes hands-on management of fund accounting tasks, capital calls, and onboarding, with a pathway to take on greater responsibilities within a growing platform.

Qualifications

• 8 years’ experience in a fund operations or fund accounting role.
• Experience with fund administrator relationships and reporting.
• Ability to work independently in a small team.
• Familiarity with Cayman fund regulations such as AML, FATCA and CRS is a plus.

Responsibilities

• Review financial and capital account statements to investors.
• Support the fund administrator for accounts maintenance and reporting.
• Coordinate investor KYC onboarding and information requests.
• Arrange capital calls and manage administrative fees.
• Review waterfall computations, distributions and audits.
• Assist with setup of new funds and investor onboarding processes.
• Liaise with internal stakeholders and service providers.

Skills

Fund accounting

Fund operations

AML/FATCA/CRS

Independent work

Team collaboration

Stakeholder communication

Job description

Overview

Are you an experienced Fund Operations Manager or Fund Accountant looking to further your career with an excellent global platform? Join our Innovative Equity Ventures (IEV) team, which has grown rapidly in recent years and has now reached significant scale and assets under management, and provide support across all the funds and lead interactions with the third-party fund administrator, external investors and internal stakeholders.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

Responsibilities

You will be involved in managing funds which facilitate investment opportunities, working closely with a wide range of co-investment capital. Your responsibilities will include reviewing financial and capital account statements to investors, providing support to the fund administrator for accounts maintenance, managing reporting and information requests from Limited Partners including contact updates, supporting KYC and onboarding requirements and processing administrative requests. You will also be involved in arranging capital calls on initial investment and annual administrative fees, reviewing administrative fees and waterfall computations and processing distributions.

In addition, you will manage bank accounts and process transactions and expenses, as well as work with Macquarie’s Financial Management Group on reconciliations. On the audit side, you will review management accounts and financial statements, and provide data and valuations across all funds. You will assist the team with the setup of new funds for investment, support investor onboarding processes, liaise with internal stakeholders on administrative approvals, liaise with the fund administrator on new transactions, support transaction closing procedures, and support the distribute and liquidation process after exits from positions.

Overall you will have primary responsibility for all fund operations and administration, with support from the third-party fund administrator and other service providers. There is significant scope to increase responsibilities over time such as supporting the team on portfolio management.

What You Offer

• 8 years’ experience in a fund operations or fund accounting role most likely with a fund or administrator
• Proven capability to work well in a small team and take on ad hoc tasks as needed
• Ability to work independently is critical
• Fund accounting experience, with exposure to other aspects of funds operations an advantage
• Familiarity with Cayman fund regulations such as AML, FATCA and CRS would be an advantage
• Candidates with less experience may be considered as Fund Administrative Associate

What We Offer

Benefits

• Wellbeing leave day and paid Flexi-Leave days per year
• 20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave and 6 weeks’ paid leave for secondary caregivers
• 2 days of paid volunteer leave and donation matching
• Option to purchase additional annual leave
• Comprehensive medical and life insurance cover and flexible wellbeing credits
• Access to learning and development opportunities, including reimbursement for professional membership or subscription
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work-from-home equipment

About Macquarie Capital

Macquarie Capital partners with businesses, startups and governments to connect ideas to capital and help drive innovation, growth and create real-world impact. Our global corporate advisory, investing, development and equities capabilities are underpinned by a full spectrum of capital markets solutions and deep sector expertise, with a focus on infrastructure and real assets, technology, software and services, and resources, energy and materials.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance. We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.