AVP, Securities Services Fund Accounting - Manager/perm

Radiology Partners Gulf Coast; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

A leading finance company in Singapore is seeking a Fund Administration Manager to oversee a team and manage fund accounting responsibilities. The role involves ensuring timely NAV calculations, providing accurate statistical data, and working closely with clients and auditors. Candidates should have a finance degree and substantial experience in Fund Accounting, with strong accounting knowledge and excellent communication skills.

Qualifications

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

Responsibilities

• Manage a team of fund accountants and oversee fund administration operations.
• Review daily, weekly and monthly NAV funds in accordance with accounting practices.
• Prepare operational manuals to control risks.

Skills

Strong accounting knowledge

Good communication skills

Analytical skills

Good operational/technical skills

Persistence

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