Fund Accounting - Manager

BNP Paribas.; Singapore; On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player seeks a dedicated Fund Accounting Manager to lead a team in Singapore. In this pivotal role, you will manage daily fund administration operations, ensuring compliance with industry standards while delivering excellence in service. Your expertise in fund accounting and strong communication skills will be crucial as you collaborate with clients and internal teams. This dynamic position offers the opportunity to influence operational models and contribute to the onboarding of new clients. Join a forward-thinking firm that values your contributions and fosters career growth in a vibrant financial services environment.

Qualifications

• 5-8 years of experience in Securities Services Fund Accounting or similar roles.
• Strong accounting knowledge and operational skills are essential.

Responsibilities

• Manage a team of fund accountants and oversee daily fund administration operations.
• Review NAVs of funds/portfolios and ensure compliance with industry standards.
• Collaborate with clients to resolve fund administration queries.

Skills

Fluency in Business Mandarin

Multifonds accounting system

Strong accounting knowledge

Excellent communication skills

Operational/technical skills

Analytical skills

Education

University or postgraduate degree in Finance or Accounting

Job description

Position Purpose

Provide a brief description of the overall purpose of the position, why this position exists, and how it will contribute to achieving the team's goal.

Manage a team of fund accountants and participate in daily fund administration operations performed by the Singapore office for domestic and/or offshore funds managed in Asia.

Support analysis of new business, testing, and implementation of new fund accounting functionalities and requirements.

Participate in transforming FA operating models and managing internal service providers in other locations.

Work flexible hours, possibly morning/afternoon shifts, and support Singapore public holidays.

Direct Responsibilities:

• Review daily, weekly, and monthly NAVs of funds/portfolios in line with industry standards, accounting standards, or specific constitutional documents.
• Coordinate with fund/portfolio accountants and support functions to ensure timely delivery of NAVs meeting KPIs.
• Provide accurate statistical data (KPIs, etc.) regularly and promote service excellence.
• Ensure NAV calculations are accurate and follow BNPP operational and system procedures.
• Prepare operational and system procedural manuals to control operational risks.
• Document non-standard process flows for proper documentation.
• Report and escalate operational incidents or breaches to management.
• Participate in operational meetings to review client and new business requirements.
• Work proactively with clients to resolve fund administration queries.
• Collaborate closely under tight deadlines to meet client and auditor reporting requirements.
• Assist in transition planning and testing for new processes or system functionalities.
• Participate in onboarding new clients and migration activities.
• Perform other ad-hoc duties as required.
• Independently handle financial consolidation for multiple funds/portfolios for year-end reporting.

Contributing Responsibilities:

Risk and Compliance:

• Ensure operational compliance with regulations, market infrastructure, and BNP Paribas control rules.

Conduct:

• Adhere to the Code of Conduct internally and externally.

Technical & Behavioral Competencies:

• Fluency in Business Mandarin preferred for client communication.
• Experience with Multifonds accounting system preferred.
• Strong accounting knowledge.
• Excellent communication and interpersonal skills.
• Persistence and perseverance.
• Operational/technical skills.
• Analytical skills.

Qualifications:

• University or postgraduate degree in Finance or Accounting preferred.
• Minimum 5-8 years of experience in Securities Services Fund Accounting or similar roles.

BNP Paribas has a strong presence in Asia Pacific and worldwide, offering diverse financial services and career opportunities in a dynamic environment.