Alternative Ops Fund Accounting, Officer

State Street; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial services firm in Singapore is seeking a Fund Accounting & Administration Officer to supervise staff and manage client relationships. The ideal candidate will have a degree in Accounting or Finance, at least 5 years of Private Equity experience, and strong communication and problem-solving skills. This role offers the chance to work in a dynamic environment with a focus on delivering high-quality financial services.

Qualifications

• Candidates must demonstrate initiative and perform well under pressure.
• Experience with alternative investment asset classes and complex fund structures is desired.
• CPA qualification is favorable but not required.

Responsibilities

• Supervise staff and manage internal workflow.
• Manage client relationships and liaise with client personnel.
• Review financial work papers and prepare complex fee calculations.

Skills

Strong critical thinking

Problem solving

Leadership skills

Strong communication skills

Interpersonal skills

Organizational skills

Time management

Ability to handle multiple assignments

Education

Bachelor’s degree in Accounting or Finance

5+ years of Private Equity experience

Tools

Investran

Geneva

Job description

Who we are looking for

State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. Our PE team delivers customized service solutions for investment funds that have closed end structures and a variety of portfolio investments. This opportunity uniquely offers candidates the opportunity to service hybrid hedge and private equity products for industry leading asset managers. The PE NAV role is the hub in the delivery of administrative services. Employees interact daily with functional teams including; trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Fund Accounting & Administration, Officer you will

• Supervise staff (including Associate 1 Associate 2 and Senior Associate Staff)
• Manage internal workflow and client deadlines
• Manage client relationships & liaising with client personnel on a daily basis
• Maintain good working relationship with all client contacts including investment professionals investors auditors lawyers and banking personnel
• Review quarterly and annual financial work paper packages including portfolio schedules accruals and partner capital allocations
• Review quarterly and annual financial statements and footnotes and coordinating annual audits.
• Review and/or prepare complex fee calculations management fees waterfall and capital account allocations etc.

What we value

These skills will help you succeed in this role

• Strong critical thinking, problem solving, and decision making skills
• An ability to be a leader within their team, as well as be a leader amongst your peers
• Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills
• Candidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments
• Excellent administrative and organizational with the proven ability to multi-task and to work efficiently to meet client deliverables
• Investran experience is preferred.

Education & Preferred Qualifications

• Bachelor’s degree in Accounting or Finance
• At least 5 to 6 years of Private Equity experience
• Experience with alternative investment asset classes, complex fund structures and fee calculations desired
• Ability to thrive and function in a high pressure deadline driven environment
• CPA qualification is favourable but not required
• Experience with Investran or Geneva favourable but not required