Fund Accounting, Associate (BLR)

Alchelyst; Hinoba-an; On-site; PHP 650,000 - 950,000; Full time

Job summary

Alchelyst seeks a driven Fund Accounting Associate to deliver accurate NAVs for marquee investment managers. You will maintain fund accounting records and support GAAP financial statements in a fast-paced environment.

Join a growing team that values precision, accountability, and client service, with exposure to audit requests and regulatory filings across multiple jurisdictions.

Qualifications

• Bachelor’s degree in Finance, Accounting or Economics from an accredited institution.
• Chartered Accountant or CPA; MBA with relevant experience considered.
• 4+ years in a fund services or financial services industry.
• Knowledge of international accounting standards and practices.
• Excellent communication across teams in a fast-paced environment.

Responsibilities

• Maintain accurate accounting and securities records for each fund administered.
• Prepare monthly/quarterly NAV packages with detailed explanations.
• Assist with quarterly and annual GAAP financial statements and footnote disclosures.
• Compile data for audit information for internal and external auditors.
• Prepare regulatory filings (e.g. Form ADV, Form PF, AIFMD) and related submissions.

Skills

Financial reporting

Attention to detail

Communication

Team collaboration

Adaptability

Education

Bachelor’s Degree in Finance/Accounting/Economics

CPA/CA; MBA with relevant experience

Tools

Investran

eFront

Macro-enabled Excel

Bloomberg

Job description

Alchelyst is a client solutions and infrastructure partner for private markets asset managers. Purpose-built for the expanding demands and sophistication of global private markets, the firm offers a comprehensive managed service offering that can support GPs, private wealth funds and investors. Alchelyst has offices in the US, Ireland, UK, Luxembourg and India.

We are seeking a driven Fund Accounting Associate to join our fast-growing team, where you will play a key role in delivering accurate, time-sensitive NAVs for marquee investment managers. You will work in a collaborative, high-trust environment that values precision, accountability, and exceptional client service, while encouraging diverse perspectives and creative problem-solving. This role is ideal for someone passionate about quality, eager to contribute to a scaling organization, and motivated by working in a dynamic, thought-provoking startup setting.

Job Responsibilities

Primary responsibility of the FA is the maintenance of accurate accounting and securities records for each fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, security trading, income & expense processing etc.)

• Day-to-day hands-on responsibilities for fund operations, fund reporting and investor reporting. Fund structures may include fund-of-fund structures, closed-ended structures, domiciled in various jurisdictions including the U.S., Cayman Islands and Luxembourg.
• Timely detailed preparation of monthly/quarterly NAV packages
• Assist with preparation and review of quarterly and annual GAAP financial statements and footnote disclosures for multiple funds
• Collate and prepare audit information as required for both internal and external auditors.
• Compile data for and perform detailed preparation of regulatory compliance filings, including Form ADV, Form PF, AIFMD Filings, Form SLT, etc
• Daily detailed review of cash activity and corresponding system bookings
• Daily monitoring of capital call and distribution requirements, preparation of detailed capital activity descriptions, detailed review of allocations from the Fund administrator and compilation of final capital activity package.
• Review Capital Call and distribution workings along with notices and release to respective investors.
• Manage end-execution of Private Equity Funds from other accounting applications.
• Identify and implement process improvement techniques to improve process efficiency and team productivity
• Experience working on Investran, eFront and Macro-enabled workbooks.
• Experience handling audit requirements and ad hoc client requirements in fund accounting.
• Good conceptual knowledge of accounting principles and financial statement preparation
• Perform special projects and various ad-hoc duties as assigned by management, adapting to evolving business needs.

Required Qualifications, Capabilities, And Skills

• Bachelor’s Degree required in related field (Finance, Accounting or Economics) from accredited institution
• Chartered Accountant or CPA; Open to MBA candidates with relevant experience
• 4+ years’ Experience in a fund services or financial services industry.
• Knowledge of international accounting standards and practices.
• Excellent communication skills, both verbal and written, with the ability to collaborate across teams.
• Demonstrated ability to work in a fast-paced, dynamic environment with ease.
• Good understanding of security types and their accounting treatment
• Awareness of stock market practices & data vendor systems (e.g. Bloomberg)
• Knowledge of the processes of a fund’s Custodian Bank and Investment Manager

What Success Looks Like

• NAV's are delivered as per SLA, with zero errors.
• Fund accounting records are consistently accurate, reconciled, and readily available for operational and management reporting.
• Recurring reporting processes are automated and standardized, reducing manual effort while improving timeliness and reliability.
• Fund accounting platforms and reporting workflows are optimized for scale, with measurable improvements in efficiency and process controls.
• Accounting related issues, exceptions, and reconciliation breaks are proactively identified and resolved before impacting NAV deliverables.
• Reporting and SOPs are well documented, maintainable, and capable of supporting future business growth and system enhancements.
• Always audit ready, with all checklists signed and backup in place for the work done.