Assistant Manager, Fund Accounting (Real Estate)

VISTRA; Singapore; Hybrid; SGD 110,000 - 170,000; Full time

Benefits offered by this job

Flexible hybrid working arrangement

Medical insurance and dental coverage

Wellness allowance

Competitive annual leave

Job summary

Vistra is seeking an Assistant Manager, Fund Accounting (Real Estate) in Singapore. This full-time role focuses on managing fund accounting operations, client service, and cross-team collaboration to deliver accurate reporting and compliant disclosures.

The ideal candidate has 5–6 years in accounting/auditing with real estate fund experience, strong knowledge of IFRS/US GAAP, and proficiency in Yardi. The position offers a hybrid work arrangement and opportunities for growth.

Qualifications

• 5-6 years of accounting/auditing experience, with at least 3 years in Real Estate Fund industry.
• Sound knowledge of Singapore FRS/IFRS and US GAAP
• Familiarity with Yardi Investment Management and process improvement will be advantageous

Responsibilities

• Be the primary client service contact for assigned portfolio. Monitor and respond promptly to client requests. Strengthen client relationships.
• Lead discussion with clients on operational matters and critical issues that need to be addressed
• Reviewing financial statements, management accounts and accounting packages
• Proficient in drafting wordings for disclosure wordings for IFRS/US GAAP accounting conventions and INREV reporting
• 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 to ensure overall operations are running smoothly.
• Providing formal/informal training to staff on both accounting and real estate/industry aspects
• Undertake management and general administration and other special projects as assigned by the Management.

Skills

Client relations

Teamworking

Time management

Analytical

Real estate fund knowledge

Education

Degree in accountancy (CPA/ACCA/ACA) or finance

Tools

Yardi Investment Management

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 (Real Estate). This full-time and permanent position is based in Singapore.

Key responsibilities:

• Be the primary client service contact for assigned portfolio. Monitor and respond promptly to client requests. Strengthen client relationships.
• Lead discussion with clients on operational matters and critical issues that need to be addressed
• Reviewing financial statements, management accounts and accounting packages
• Proficient in drafting wordings for disclosure wordings for IFRS/US GAAP accounting conventions and INREV reporting
• 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 and other Vistra offices) to ensure overall operations are running smoothly.
• Providing formal/informal training to staff on both accounting and real estate/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 Real Estate Fund industry.
• Sound knowledge of Singapore FRS/IFRS and US GAAP
• Knowledge of INREV reporting preferred
• 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 Yardi Investment Management and experience in process improvement will be advantageous
• 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 celebration 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.