Fund Accountant

Bolder Group; San Fernando; Hybrid; PHP 480,000 - 720,000; Full time

Benefits offered by this job

Health Coverage: HMO on day one with a

Life Insurance

Leave Entitlement: pro-rated credits,

ACCA-Approved Employer

Job summary

Bolder Group is seeking a meticulous Fund Accountant to join our team in the Philippines. The role focuses on NAV calculations, fund accounting duties, and ensuring accurate pricing and compliance with fund prospectuses.

Hybrid work arrangement with on-site presence at Bolder Philippines, Clark Freeport Zone, Pampanga. Ideal for candidates with 1+ year Fund Accounting experience and strong Excel skills, ready to contribute to our client-focused service excellence.

Qualifications

• Bachelor's degree in Finance, Accounting, or a closely related field.
• At least 1 year of Fund Accounting experience.
• Understanding of financial statements, financial markets, and investment products.
• Advanced Excel skills: data analysis, pivot tables, charts, and complex formulas.

Responsibilities

• Calculate daily net asset values (NAVs) for investment funds and ensure accurate pricing.
• Reconcile positions and cash with broker/custodian reports.
• Compute management and performance fees for funds.
• Prepare payment instructions and correspond with investment managers, shareholders, auditors, lawyers, and banks.
• Prepare expense accruals and audited financial statements; ensure fund complies with prospectus and internal controls.
• Review fund activity and valuations to ensure NAV and yield accuracy; reconcile books and records.
• Set up new funds or changes in fund structure (liquidations or side pockets).
• Be the main contact for investment managers and other stakeholders.

Skills

Advanced Excel

Attention to detail

Time management

Education

Bachelor's degree in Finance/Accounting

Job description

At Bolder Group, we take pride in our dynamic and forward-thinking approach, committed to delivering exceptional business support that enhances client satisfaction. Our mission is to streamline operations and elevate service delivery to address the diverse needs of our clients. We are currently in search of a meticulous and proactive Fund Accountant to join our team—someone ready to contribute to our continued success and uphold our high standards of service excellence.

Key Responsibilities

• Responsible for calculating the net asset values of investment funds by processing daily.
• Accounting-related functions to ensure fund prices are accurate.
• Reconcile positions and cash against the reports of brokers/custodians.
• Calculate the management and performance fee.
• Make payment instructions for the various funds and correspondences with the investmentmanager, shareholders, auditors, lawyers, and banks.
• Calculate expense accruals and prepare audited financial statements.
• Ensure that the Fund is compliant with the procedures, policies, and controls, and that the activities of the Fund are in line with the prospectus.
• Review the fund activity and valuations to ensure the accuracy of NAV and yield calculations.
• Ensure the fund books and records are reconciled and that periodic reviews are completed.
• Set up new funds or changes in the fund structure, like liquidations or side pockets.
• Be the main contact for the investment managers and other relevant parties, such as directors, lawyers, auditors, banks, brokers/custodians, and shareholders.

Job Requirements

• Bachelor’s degree in Finance, Accounting, or a closely related field.
• At least 1 year of Fund Accounting experience.
• Understanding of financial statements, financial markets, and investment products.
• Advanced skills in Microsoft Excel, including data analysis, pivot tables, chart creation, and complex formulas/functions.
• Proven ability to manage multiple priorities, meet deadlines, and maintain accuracy under pressure with strong attention to detail.

Why Join Us?

We foster a supportive and flexible work environment that encourages both personal and professional growth. As part of our collaborative team, you will be valued for your contributions and have access to ample opportunities for success. We believe in empowering our employees and creating an atmosphere where everyone can thrive.

Perks And Benefits

• Health Coverage: HMO coverage effective on your first day, with one free dependent added upon hire.
• Life Insurance: Coverage begins on your first day of employment.
• Leave Entitlement: 15 pro-rated leave credits from your hire date, increasing to 20 pro-rated leave credits after two years of service.
• ACCA-Approved Employer: Work with an ACCA-approved employer.

Work Location and Setup

• Hybrid Arrangement: Work from home two days a week; on-site three days a week. Arrangement effective upon regularization.
• Work Hours: Standard Philippine business hours (Monday to Friday, 9:00 AM - 6:00 PM), with flexibility to align with European time zones when needed.
• Office Location: Bolder Philippines, 8th Floor, Tower 1, Clark City Front, MA Roxas, Clark Freeport Zone, Pampanga