Fund Accountant

First Plus Asset Management; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

First Plus Asset Management seeks a fund accounting professional in Singapore to manage NAV reconciliations, cash and position reconciliations, and the production of NAV and P&L reports. The role involves reviewing external NAV deliverables, assisting with regulatory filings, audits and transitions, and driving process improvements.

Requires 2–4 years in fund accounting and a degree in accounting or finance; Geneva experience is a plus.

Qualifications

• Degree in Accounting, Finance, Business or related discipline.
• Two to four years of relevant experience in fund accounting, fund administration or fund operations.
• Experience preparing NAVs and performing cash and investment reconciliations.
• Experience with management or performance fee calculations would be an advantage.
• Geneva experience is preferred but not essential; experience with another fund accounting system may be considered.
• Proficiency in written and spoken English and Mandarin Chinese, including the ability to review Chinese-language documents.

Responsibilities

• Maintain fund accounting records in Geneva and perform cash, position and NAV reconciliations.
• Record fund transactions and reconcile accounting balances against custodian, broker and fund administrator records.
• Prepare shadow trial balances, position reports, cash statements, profit and loss reports and NAV reports for review.
• Investigate reconciliation differences and escalate material or unresolved matters.
• Support improvements to workflows, data quality and internal controls.

Skills

Fund accounting

NAV reconciliations

Cash reconciliations

Series accounting

Financial reporting

Regulatory reporting

Mandarin Chinese

Education

Degree in Accounting, Finance, Business or related discipline

Job description

Job Scope

• Maintain fund accounting records in Geneva and perform cash, position and NAV reconciliations.
• Record fund transactions and reconcile accounting balances against custodian, broker and fund administrator records.
• Prepare shadow trial balances, position reports, cash statements, profit and loss reports and NAV reports for review.
• Investigate reconciliation differences and escalated material or unresolved matters.
• Support improvements to workflows, data quality and internal controls.

Fund Accounting

• Maintain fund accounting records in Geneva and perform cash, position and NAV reconciliations.
• Record fund transactions and reconcile accounting balances against custodian, broker and fund administrator records.
• Prepare shadow trial balances, position reports, cash statements, profit and loss reports and NAV reports for review.
• Investigate reconciliation differences and escalated material or unresolved matters.
• Support improvements to workflows, data quality and internal controls.

NAV Oversight

• Review the completeness and timeliness of external fund administrator NAV deliverables and follow up on outstanding items.
• Prepare management and performance fee calculations, including high-water marks, hurdles, investor equalisation and series accounting, for review.
• Perform initial checks on prices, foreign exchange rates, accruals, expenses and investor allocations and elevate material exceptions.
• Assist with fund administrator transitions and related data reconciliations, where required.

Regulatory Reporting

• Support annual fund audits and assist with the preparation and review of financial statements and supporting schedules.
• Prepare fund-level information required for tax filings, GST remission matters and MAS regulatory filings.
• Provide supporting information for management reporting and group consolidation.
• Assist with routine accounting and NAV-related queries raised by auditors, tax advisers, fund administrators and internal stakeholders.

Requirements

• Degree in Accounting, Finance, Business or a related discipline.
• Two to four years of relevant experience in fund accounting, fund administration or fund operations.
• Experience preparing NAVs and performing cash and investment reconciliations.
• Experience with management or performance fee calculations would be an advantage.
• Geneva experience is preferred but not essential. Experience with another recognised fund accounting system may also be considered.
• Proficiency in written and spoken English and Mandarin Chinese, including the ability to review Chinese-language documents.