Fund Accountant (Corporate Service)

Focal Search Pte Ltd; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A financial services firm in Singapore is seeking a Fund Accountant to manage the accounting and administration of various funds and trusts. Responsibilities include producing financial statements, managing client relationships, and ensuring compliance with internal policies. The ideal candidate will have at least 5 years of experience in fund accounting and a Bachelor's degree in Accounting or Finance. This role requires strong analytical skills and the ability to work under pressure.

Qualifications

• At least 5 years of experience in fund accounting.
• Good understanding of operational functions including fund structures and performance indicators.
• Self-motivated and able to work under pressure.

Responsibilities

• Responsible for the accounting and administration of trusts and funds.
• Handle production of investor reports and financial statements.
• Manage treasury and cash management functions.

Skills

Fund accounting experience

Client handling skills

Analytical skills

Attention to detail

Education

Bachelor's Degree in Accounting, Finance or related discipline

Job description

About the job Fund Accountant (Corporate Service)

Responsibilities:

• Responsible for the accounting and administration of trusts and funds focused on investments such as private equity, SPVs, real estate, venture capital and other alternative assets.
• Handle and support the trust and fund administration service line including, but not limited to, production of investor reports, financial statements, NAV calculations, monthly and quarterly reconciliations etc
• Implement fund structures onto the accounting system.
• Be involved in all aspects of new client onboarding including coordination of opening of new bank accounts, drafting of fund agreement and conducting investor and fund KYC etc.
• Prepare capital account statements, capital call and distribution notices, waterfall and equalisation calculators and fund performance indicators etc.
• Manage the treasury/cash management function of the funds and perform bank reconciliations.
• Liaise with clients, regulators and agencies, external service providers and banks to ensure service delivery standards are met.
• Assist in client service matters, maintain and build client relationships.
• Ensure regular review, update and execution of internal policies and procedures related to trust and fund administration.
• Any other-hoc tasks assigned by management.

Requirements:

• At least 5 years of experience in fund accounting
• Bachelor's Degree in Accounting, Finance or any related discipline or professional qualification.
• Good understanding of operational functions including fund structures, fund accounting, equalizations, calls/distributions, waterfall models and fund performance indicators
• Effective client-handling and people management skills
• Analytical, meticulous and systematic in approach in handling work
• Able to meet deadlines, work under pressure and multi-task
• Self-motivated, diligent, positive working attitude and strong desire to learn