Fund Accountant

Meta Capital Securities, Inc.; Manila; On-site; PHP 600,000 - 900,000; Full time

Job summary

Meta Capital Securities, Inc. seeks a CPA-certified Fund Accountant to join its Accounting & Finance team in Pasig. The role emphasizes precision in financial reporting and investment accounting for a growing brokerage business.

The ideal candidate has a CPA license, a Bachelor's in Accounting, and 5–7 years in fund accounting within brokerages. Strong analytical and communication skills are essential for onsite work at Ortigas.

Qualifications

• Bachelor's degree in Accounting is required.
• CPA license is required.
• Minimum 5–7 years in accounting principles and fund accounting in brokerage/mutual fund.
• Knowledge of banking/financial services and asset management is a plus.
• Proficiency in MS Office and SFI software (WinStockSS.Net) and familiarity with trading systems.

Responsibilities

• Prepare financial reports: trial balance, income statement, and partners' capital.
• Monitor investments: pricing/valuations and realized gains.
• Review corporate actions and accrue interest on loans/investments.
• Calculate management and incentive fees and ensure recognition by period.
• Support external audits and regulatory compliance submissions.
• Mentor accounting staff and supervise deliverables.

Skills

Attention to detail

Communication skills

Multitasking

Organizational skills

Mentoring/leadership

Education

Bachelor's degree in Accounting

CPA license

Tools

MS Office

WinStockSS.Net

PSEConnect

Bloomberg

Job description

Job Title : Fund Accountant (CPA)

Department : Accounting & Finance

Job Level : Level 5

Location : 16/F East Tower, PSE Building (Tektite), Ortigas, Pasig

Role Type : Full time / Onsite

Job Description

We are seeking to add top talents to join our high-performing and growing Accounting and Finance Team. This position will play a critical role as we expand our brokerage business, tap to new markets and provide innovative avenues for securities trading in the Philippines.

Key responsibilities

Preparation of financial reports, including but not limited to;

1. Trial balance (cash, investments, prepayments and payables)

2. Income statement

3. Partners’ capital accounts (capital activities, allocation of profit and loss)

4. Rate of returns

Monitor movement and balance of investments, including:

1. Portfolio accounting, verification of investment pricing or valuations

2. Manual calculation of long term/short term realized gains, investment balances

3. Review of corporate actions, stock dividends received

4. Accrual of interest for loans/interest bearing investments

Calculate management fees and incentive fees.

• Ensure that all income and expense items are recognized/accrued on the appropriate period.

• Prepares different kinds of reconciliation, including Broker, Custodian and Bank reconciliation

• Assess compliance with accounting principles and BIR regulations.

• Review of BIR Tax Returns to save on taxes and avoid errors that may lead to BIR assessments.

• Identify potential risks and providing recommendations for improvement.

External Audit

1. Assist in coordinating annual audit of client’s GAAP/IFRS financial statements including footnotes and disclosures

2. Correspondence with the auditors regarding any concern/issues.

Compliance

1. Assist, provide necessary financial reports and correspondence to the designated Associated Person (AP) in terms of regulatory compliance requirements and issues regarding SRC Rules, PSE Trading Rules and Regulations, CMIC Implementing Rules, AMLA and other regulatory government agencies.

Supervisory/Managerial

1. Performs detailed review of work papers, analysis, reports, reconciliation and any work papers prepared by the AR, Receipts & Taxation Associate, the AP & Disbursement Associate and other accounting & finance staffs.

2. Provides mentoring and guidance to the accounting team and staffs.

3. Monitors the team’s deliverable, delegates tasks or workload assignments.

4. Correspondence with clients/ key management personnel regarding any concern/issues.

Qualifications

• Bachelor's degree in Accounting with CPA license is a must.

• With at least five to seven (5-7) years working knowledge in accounting principles and practices and with prior work experience in fund accounting in a brokerage/mutual fund firm is must.

• Prior work experience in an auditing firm is an added advantage.

• Knowledge of the banking and financial services industries and asset management products is an added advantage.

• Knowledge of trust and investment regulations and asset management industry trends is an added advantage.

• Has proficiency in MS Office and SFI software (WinStockSS.Net).

• Familiarity with trading systems (PSEConnect,Bloomberg, etc.) is an added advantage.

• Strong attention to details, can multitask and prioritize deadline.

• Excellent communication, interpersonal and organizational skills.

• Ability to work under pressure.