BANK FUND ACCOUNTANT

HR-PRO RECRUITMENT SERVICES PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading recruitment firm in Singapore is seeking a Fund Administrator with expertise in fund operations and administration. The successful candidate will handle fund subscriptions and redemptions, deliver accurate reports, and manage coordination with investors and other stakeholders. A Bachelor’s degree in Accounting or Finance and at least 2 years of relevant experience are required. The role also demands proficiency in English and ideally Chinese, alongside strong knowledge of investment products.

Qualifications

• At least 2 years of experience in fund administration or with a licensed fund management company.
• Good understanding of various accounting standards like US GAAP and IFRS.
• Strong command of written and spoken English; proficiency in Chinese is essential.

Responsibilities

• Handle fund operations including subscriptions and redemptions.
• Deliver accurate NAV calculation and investor reports.
• Coordinate with investors, fund managers, auditors, and legal advisers.

Skills

IFRS

Asset Management

Tax

VBA

Fund Administration

Accounting

Securities

Hedge Funds

Fixed Income

US GAAP

Audit

Education

Bachelor Degree in Accounting, Finance or relevant discipline

Qualified Accountant (e.g. ISCA/ACCA/CPA)

Tools

Multifond

Microsoft Office

Bloomberg

Job description

Roles & Responsibilities

• Handle Fund operations, including fund subscriptions and redemptions, corporate action, documentation, transaction execution, and regulatory compliance.
• Deliver accurate NAV calculation, investor reports, forecasts on a timely basis.
• Support various funds: Hedge Funds, Cayman Funds/VCC structure, fund setup in FA and TA system.
• Monitors cash flows, expenses and fee calculations (performance fees, etc). Must be able to understand the different fund calculation based on investors' returns using equalization or series accounting methods.
• Manage coordination with investors, fund managers, auditors, legal advisors, custodians, and other external stakeholders.
• Manage the accounting of SPVs and assist in FATCA/CRS reporting for clients.
• Ensure adherence to internal controls and regulatory requirements (e.g., ACRA, IRAS, MAS).
• Manage investor communications and handle inquiries relating to portfolio under administration and transfer agency register.
• Maintain up‑to‑date fund records and support audit and tax processes pertaining to portfolio under administration.

Education & Qualifications

• Bachelor Degree in Accounting, Finance or relevant discipline.
• Qualified Accountant (e.g. ISCA/ACCA/CPA), working towards a CPA qualification or recently completed qualification examinations will be a PLUS.
• Good understanding of various accounting standards (US GAAP, IFRS, etc).

Experience

• At least 2 years of experience in fund administration or with a licensed fund management company or fund administration company.

Technical Skills

• Strong knowledge of investment products such as securities, fixed income, FX, Repo and derivative products such as futures and options.
• Strong technical knowledge of fund administration and fund operation requirements.
• Familiarity with fund accounting systems like Multifond and Microsoft Office; VBA skills are a plus.
• Experience with Bloomberg.

Personal Competencies

• Meticulous and able to manage multiple tasks efficiently.
• Able to work in a team to support team objectives and meet team targets.
• Excellent organizational, communication, and stakeholder management abilities.
• Flexible and adaptable in a dynamic, fast‑paced working environment.
• Upholds high ethical standards in handling confidential and sensitive information.

Additional Requirements

• Strong command of written and spoken English. Proficiency in Chinese (both reading and communication) is essential to liaise with clients in China.
• Able to work extended hours, weekend and public holiday when necessary.

Skills

• IFRS
• Asset Management
• IRAs
• FAA
• Tax
• Corporate Actions
• VBA
• Administration
• Securities
• Fund Administration
• Accounting
• Fund Accounting
• Banking
• Accounting Standards
• Hedge Funds
• Fixed Income
• US GAAP
• Audit