AVP, Securities Services Fund Accounting - Manager/perm

NACBA; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading company in fund administration seeks an experienced Fund Accounting Manager to oversee daily operations, manage a team, and ensure the accuracy of NAV calculations. The ideal candidate will possess strong accounting expertise, effective communication skills, and experience in the industry, particularly with the Multifonds system. Join us to contribute to our growth and excellence in service.

Qualifications

• Minimum 5-8 years of experience in Securities Services Fund Accounting or equivalent experiences.
• Experience with Multifonds accounting system preferred.

Responsibilities

• Review daily, weekly, and monthly NAV funds/portfolios.
• Work with fund/portfolio accountants to ensure timely NAV delivery.
• Prepare operational and system procedural manuals.

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