Senior Associate – Fund Accounting – Real Estate Mainstream Technologies

The Corporate Institute; Hinoba-an; On-site; PHP 600,000 - 900,000; Full time

Job summary

The Corporate Institute in the Philippines is seeking a Sr Associate – Fund Accounting – Real Estate to join our team. You will be responsible for end-to-end NAV calculations, financial statement preparation, posting journal entries, and capital calls within real estate funds.

This role emphasizes accuracy, regulatory compliance, and timely reporting, collaborating with cross-functional teams to maintain high service quality and robust controls.

Qualifications

• Experience in end-to-end NAV calculations for real estate funds.
• Experience in fund accounting and NAV calculation.
• Middle Office or Investment Operations background preferred.
• Asset trade administration or trade capture experience.
• Regulatory exams such as IOC or IMC.

Responsibilities

• Strategic focus to meet SLAs with quality and build relationships with colleagues.
• Operational management to meet regulatory deadlines within Fund Accounting.
• Review data updates, fund accounting activities, and pricing related processes.
• Support changes to processes and systems, ensuring accuracy and compliance.
• Maintain relationships with internal teams and clients, and respond promptly to queries.
• Identify non-compliance issues and coordinate with leadership and compliance.
• Maintain risk registers and drive continuous improvement within the department.

Skills

End-to-end NAV calculations

Financial statements

Posting journal entries

Capital calls

Education

Bachelor’s degree or Master’s

Tools

Microsoft Office

Job description

Position

Sr Associate – Fund Accounting – Real Estate

Skills Required

• Candidate should have experience in end to end NAV calculations.
• Experience in preparation of financial statements.
• Posting journal entries.
• Should know capital calls.

Key Responsibilities

1. Strategic Focus

• To meet SLA all the time with agreed quality with counterpart, maintain good working relationships with colleagues, collaborate with others to achieve the team’s goals.

2. Operational Management

• Ensure all internal and external service levels and regulatory deadlines are met within the Fund Accounting team.
• Ensure all task procedures are followed in order to result in accurate Fund NAV calculation, accrual of income and expenses are correctly accounted, various reportings like income statement, P&L, balance sheet, etc and fund pricing where the team is able. On an ongoing basis, ensure all procedures are maintained and that they reflect updates brought about from internal policy or regulation changes.
• Support and review business process and system changes, ensuring business accuracy around all documentation and impacts to service delivery.
• Develop and maintain relationships with company’s internal teams (e.g., Investment Compliance, Investment Risk, Client Services, IT, Oversight, Finance, Compliance, Product and Change Delivery).
• Support the continued creation of the hub and spoke operating model, ensuring offshore hub is established with appropriate controls.
• Respond to enquiries promptly, proactively handling issues, and striving for the highest levels of customer service.
• Accurately review, and complete various operational tasks in a timely manner including but not limited, review of data updated correctly in the system, review of Fund Accounting related activities, review of Pricing related activities, etc.
• Review of transaction processing, asset set-up and maintenance.
• Maintain department procedures in accordance with regulatory requirements, SLAs, best practice, and Company policies.
• Provide a contact point and/or assistance with queries from Clients, IMDs, Depositories, etc and key contacts.
• Identify instances of non-compliance and refer to the Team Leaser, Operations Manager, UK Senior Managers, and the Compliance Department, and resolve them.
• To develop and maintain positive working relationships with Clients, IMDs, Depositories, etc and key contacts.
• Create and maintain effective working relationships with colleagues and assist other areas of the business as and when required.
• Maintain an awareness and understanding of the investment industry.
• Maintain own professional competence.
• Provide information to Clients, IMDs, Depositories, etc on request.
• Resolving complaints and solving problems on behalf of Clients, IMDs, Depositories, etc.
• Maintenance of departmental Risk Register.
• Assisting the Team Leader, Operations Manager respond to regular reviews and Compliance Visits.
• Liaise with the Team Leader, Operations Managers to bring about positive change within the Department.
• For areas of responsibility, ensure: i. Emerging risks are identified, assessed, and captured within the departmental risk register and, where appropriate, subject to escalation to senior management. ii. Operational controls are carried out in accordance with the laid down business policies and procedures. iii. Actions for control improvements are dealt with in accordance with agreed timescales. iv. Proactivity in identifying areas for control improvement.

Qualifications

1. Education

• Bachelor’s degree or Master’s or a related field.

2. Experience

• Minimum of 2+ years of experience in Real Estate Fund domain/industry.
• Should have experience of working in Fund accounting and NAV calculation.
• Previous experience in a Middle Office or Investment Operations background.
• Experience of Asset trade administration or trade capture.
• Relevant regulatory exams (e.g., IOC, IMC).
• Customer focused with the ability to collaborate with others to achieve desired outcomes.
• Excellent attention to detail.
• Prioritisation and time management skills, demonstrating flexibility and ability to work autonomously.
• Demonstrates good teamwork ethic, showing willingness to assist peers and take on additional tasks.
• Actively seeks out self-improvement, professional development opportunities and feedback.
• Takes ownership of role, responsibilities, and impact on the wider team.
• The above list of key accountabilities is not an exhaustive list and may change from time to time based on business needs. In addition, as the role is part of a global team travel and flexibility to work outside standard hours may be required in this role.

3. Skills & Competencies

• Knowledge of UK fund legislation, Fund Administration, and the regulatory environment.
• Previous experience of overseeing assets held within Fund structures, e.g., NAV calculation, income and expenses for the funds, asset pricing, fair value pricing and fast market oversight.
• Excellent working knowledge of Microsoft applications (e.g., Word, Excel, Outlook, PowerPoint).
• Excellent verbal and written communication.