Assistant Manager, Fund Accounting

Vistra; Singapore; Hybrid; SGD 70,000 - 90,000; Full time

Job summary

A leading global business services provider in Singapore is seeking an Assistant Manager for Fund Accounting. Your role will focus on managing client relationships, reviewing financial statements, and providing training to staff. The ideal candidate should possess a degree in Accounting and have extensive experience in the Private Equity Fund industry. Additional skills in MS Excel, and understanding of IFRS/US GAAP are essential. This position offers a hybrid working arrangement along with comprehensive benefits for employee well-being.

Benefits

Flexible hybrid working arrangement

Birthday leave

Comprehensive medical insurance

Dental coverage

Wellness allowance

Competitive annual leave entitlement

Qualifications

• 5 – 6 years of accounting/auditing experience with at least 3 years in Private Equity Fund industry.
• Sound knowledge of Singapore FRS/IFRS and US GAAP.
• Solid understanding of operational functions, including Fund Structures and Fund Accounting.

Responsibilities

• Be the primary client service contact for assigned portfolio and monitor client requests.
• Review financial statements and management accounts.
• Provide formal/informal training to staff on accounting and private equity aspects.

Skills

Client relations

Time management

Analytical skills

Teamworking

Management skills

Education

Degree in Accountancy (CPA/ACCA/ACA) or Finance or equivalent

Tools

Investran accounting system

MS Excel

MS Word

Job description

It’s never been a more exciting time to join Vistra.

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as Assistant Manager, Fund Accounting. Reporting to Manager, Fund Solutions this is a full‑time and permanent position based in Singapore.

Key responsibilities

• Be the primary client service contact for assigned portfolio. Monitor and respond promptly to client requests. Strengthen client relationships.
• Main point of contact on a day-to-day basis for operational matters and critical issues that need to be addressed before work get disseminated to the other team member
• Reviewing financial statements, management accounts and accounting packages
• Proficient in drafting wordings for disclosure wordings for IFRS/US GAAP accounting conventions
• Reviewing Capital Account Statements and Net Asset Values
• Reading/understanding Fund documents like Subscription documents, partnership agreements, and shareholder agreements for existing/new fund and explaining the key terms to team members
• Reviewing capital call and distribution notices
• Preparing/Reviewing waterfall and equalization workings
• Coordinating and dealing with Fund investors on meeting investor’s specific reporting requirements
• Reviewing investor requests and any ad hoc requests from client.
• Working closely with other teams (i.e. Cash Management, Investor Services and Corporate Secretarial) to ensure overall operations are running smoothly.
• Providing formal/informal training to staff on both accounting and private equity/industry aspects
• Undertake management and general administration and other special projects as assigned by the Management

Key requirements

• Degree in Accountancy (CPA/ACCA/ACA) or Finance or equivalent.
• 5 – 6 years of accounting / auditing experience with at least 3 years in Private Equity Fund industry, part of which must have been in management or supervisory capacity.
• Sound knowledge of Singapore FRS/IFRS and US GAAP.
• Solid understanding of operational functions including Fund Structures, Fund Accounting, Equalisations, Calls/Distributions and Waterfall models.
• Effective client relations, teamworking and management skills.
• Time management and multi-tasking.
• Analytical, independent and resourceful.
• Familiarity with Investran accounting system and experience in process improvement will be viewed favourably.
• Strong working knowledge of MS Excel and MS Word.

Company Benefits

At our Singapore office, we believe in putting our employees’ well‑being first! We offer a flexible hybrid working arrangement and birthday leave.

Additionally, we provide comprehensive medical insurance and dental coverage, wellness allowance and competitive annual leave entitlement to support your well‑being and time to recharge or explore your passions out of work.

As advocates of continuous learning and professional development, we provide an internal mentorship program and reimburse professional membership fees for certifications like CA, or ACCA, ensuring you stay ahead in your field.

If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!