Associate - Fund Services

KRYPTON FUND SERVICES (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A financial services firm in Singapore is seeking a Fund Accounting professional to perform comprehensive accounting services, execute fund administration, and maintain strong client relationships. This role requires a Bachelor’s degree and at least 2 years of experience in fund accounting. The ideal candidate will have a strong understanding of investment products, proficiency in accounting software, and excellent analytical skills. Join a client-centric team dedicated to service excellence and compliance in the financial sector.

Qualifications

• Minimum of 2 years of experience in fund accounting or related financial services.
• Ability to prioritize tasks and work under pressure to meet deadlines.

Responsibilities

• Perform comprehensive fund accounting services including NAV preparation.
• Execute fund administration services and communicate with stakeholders.
• Cultivate strong customer relationships for superior service delivery.
• Engage in system optimization initiatives and ad-hoc projects.
• Calculate intricate fee structures outlined in agreements.
• Generate periodic financial reports following US GAAP standards.
• Manage Subscriptions, Redemptions, and Transfers as per fund guidelines.
• Initiate wire and account transfers through banking platforms.
• Maintain investor details within a centralized database.
• Support the implementation of the AML framework for compliance.
• Contribute to FATCA/CRS service offering.

Skills

Strong understanding of investment products

Fund accounting software proficiency

Excellent analytical skills

Problem-solving skills

Organizational skills

Communication skills

Interpersonal skills

Microsoft Excel proficiency

Education

Bachelor’s degree in accounting, Finance, or related field

Tools

Fund accounting software

Job description

Krypton Fund Services is a professional boutique fund services company dedicated to delivering excellent client service with a focus on tailored solutions. Our client-centric approach emphasizes accountability and service excellence. Krypton provides a wide range of services, including regulatory reporting, fund administration, registrar and transfer agent services, as well as project management and setup. Our clients consist primarily of family offices, investment funds, and private and special purpose vehicles in the alternative investment sector.

Primary Responsibilities:

• Perform comprehensive fund accounting services, encompassing tasks such as Net Asset Value (NAV) preparation, cash and position reconciliation, corporate action review, and security pricing validation.
• Execute a broad spectrum of fund administration services, adhering to the company's service model and policies, while fostering effective communication with investment managers, brokers, custodians, and auditors.
• Cultivate strong customer relationships, ensuring superior service delivery to clients.
• Engage in system optimization initiatives and ad-hoc projects, contributing to process enhancements.
• Calculate intricate fee structures outlined in various agreements.
• Generate periodic financial reports following US GAAP standards.
• Manage Subscriptions, Redemptions, Switches, and Transfers per fund offering documents guidelines.
• Initiate wire and account transfer transactions through internet banking platforms for settlements.
• Maintain and rectify investor details within a centralized database.
• Support the implementation of the company's global anti-money laundering (AML) framework, ensuring compliance.
• Contribute to the organization’s FATCA/CRS service offering.

Qualifications Required:

• Bachelor’s degree in accounting, Finance, or related field.
• Minimum of 2 years of experience in fund accounting or related financial services.
• Strong understanding of investment products, fund structures, and financial markets.
• Proficiency in fund accounting software and Microsoft Excel.
• Excellent analytical, problem-solving, and organizational skills.
• Ability to prioritize tasks and work under pressure to meet deadlines.
• Strong communication and interpersonal skills.