AVP, Securities Services Fund Accounting - Manager/perm

OU Health; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading company in healthcare is seeking a Fund Accounting Manager to oversee operations and ensure the timely delivery of NAVs. This role requires management of fund accountants and strong accounting expertise, along with solid interpersonal skills to liaise with clients and auditors. The ideal candidate will have a relevant degree and significant experience in fund accounting, preferably with familiarity in Multifonds.

Qualifications

• Minimum 5-8 years experience in Securities Services Fund Accounting or equivalent.
• Ability to work independently on financial consolidation.

Responsibilities

• Manage a team of fund accountants to ensure NAVs are delivered timely.
• Review daily NAV calculations and prepare procedural manuals.
• Participate in transition planning and new client take-on activities.

Skills

Strong accounting knowledge

Good communication and interpersonal skills

Good operational/technical skills

Good analytical skills

Persistence / perseverance

Education

University degree/ post graduate degree in Finance or Accounting

Tools

Multifonds accounting system

Job description

Position Purpose:

• Manage a team of fund accountants and involve in the day-to day fund administration operations performed by the Singapore office for domestic and/or offshore based funds managed in Asia.
• Support analysis of new business, analysis, testing and implementation of new fund accounting functionality and new requirement.
• Participate in the transformation of FA operating models and management of internal service providers in other locations.
• Able to work flexible working hours possibly morning/afternoon shifts and support Singapore public holidays.

Responsibilities:

• Review daily, weekly and monthly NAV funds/portfolios in accordance with applicable Industry recommended accounting practices, accounting standard or specific constitutional documents.
• Work with fund/portfolio accountants and liaise with different support functions to ensure NAVs are delivered in a timely manner to meet the agreed KPIs.
• Provide accurate statistical data (KPIs etc.) on an as-scheduled basis and establish service excellence.
• Ensure NAV calculations are accurately prepared and in line with the operational and system procedural manual.
• Prepare operational and system procedural manuals to ensure that all operational risks are well under control and adequate for day-to-day activities.
• Identifying and documenting "non-standard" process flows for proper documentation
• Report and escalate operational or major incidents including any breach or error occurrences to the Management.
• Participate in regular operational meetings to review any client and new business requirements.
• Working pro-actively with Clients to resolve queries on action points relating to Fund Admin matters
• Able to work closely under tight deadlines with client and auditors to meet client specific reporting requirements
• Participating in transition planning and testing to ensure new processes or system functionalities can meet clients' needs and requirements.
• Involve in any new client take-on and migration activities.
• Other ad-hoc duties may be required from time to time
• Able to work independently on financial consolidation of multiple funds/portfolios internal and external for year-end financial reporting purposes for a key client.

Requirements:

• University degree/ post graduate degree in Finance or Accounting preferred
• Minimum 5-8 years in experience in Securities Services Fund Accounting or equivalent experiences
• Experience with Multifonds accounting system preferred
• Strong accounting knowledge
• Good communication and interpersonal skills
• Persistence / perseverance
• Good operational/technical skills
• Good analytical skills

Only shortlisted candidates will be notified.

EA License No: 25C2690

EA: R22105542