Fund Accounting - Associate

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

Job summary

An established industry player is seeking a Senior Fund Accountant to deliver exceptional fund administration services. In this role, you will review NAVs, collaborate with internal teams, and ensure operational compliance. The position offers a dynamic environment where you can leverage your accounting expertise and communication skills. Join a leading financial institution that values diversity and offers competitive salaries and benefits. If you are ready to make a significant impact in a fast-paced setting, this opportunity is perfect for you.

Qualifications

• Minimum 3 years experience in Securities Services Fund Accounting.
• Strong accounting knowledge and operational skills required.

Responsibilities

• Review daily, weekly, and monthly NAVs of funds/portfolios.
• Collaborate with accountants to ensure timely delivery of NAVs.

Skills

Fluency in Business Mandarin

Accounting Knowledge

Communication Skills

Analytical Skills

Operational Skills

Education

University degree in Finance

Postgraduate degree in Accounting

Tools

Multifonds accounting system

Job description

Position Purpose

The Senior Fund Accountant works closely with BP2S internal teams to provide fund administration services to external fund managers in Asia and Asian asset owners.

Able to work flexible hours, possibly morning/afternoon shifts, and support Singapore public holidays.

Responsibilities:

Direct Responsibilities:

1. Review daily, weekly, and monthly NAVs of funds/portfolios in accordance with applicable industry recommended accounting practices, standards, or specific constitutional documents.
2. Collaborate with fund/portfolio accountants and liaise with support functions to ensure timely delivery of NAVs to meet KPIs.
   • Provide accurate statistical data (KPIs, etc.) on schedule and establish service excellence.
3. Ensure NAV calculations are accurate and aligned with BNPP operational and system procedures.
4. Prepare operational and system procedural manuals to manage operational risks effectively.
5. Identify and document 'non-standard' process flows for proper documentation.
6. Report and escalate operational incidents, breaches, or errors to management.
7. Participate in operational meetings to review client and new business requirements.
8. Proactively work with clients to resolve queries related to Fund Admin matters.
9. Work under tight deadlines with clients and auditors to meet reporting requirements.
10. Participate in transition planning and testing for new processes or system functionalities.
11. Assist in new client onboarding and migration activities.
12. Perform other ad-hoc duties as required.
13. Independently handle financial consolidation of multiple funds/portfolios for year-end reporting.

Contributing Responsibilities:

Risk and Compliance:

• Ensure operational compliance with regulations, market infrastructure evolution, and BNP Paribas internal controls.

Conduct:

• Adhere to the Code of Conduct internally and externally.

Technical & Behavioral Competencies:

• Fluency in Business Mandarin preferred for dealing with Mandarin-speaking clients.
• Experience with Multifonds accounting system preferred.
• Strong accounting knowledge.
• Good communication and interpersonal skills.
• Persistence and perseverance.
• Operational/technical skills.
• Analytical skills.

Qualifications:

• University degree/postgraduate degree in Finance or Accounting.
• Minimum 3 years experience in Securities Services Fund Accounting or equivalent.

BNP Paribas is a leading international financial institution with a presence since 1860, operating in 13 markets in Asia Pacific and 68 markets worldwide. We offer diverse financial services and focus on creating high-value relationships with our clients.

Join us for an exciting career in a fast-paced, diverse environment. We offer competitive salaries, benefits, and a valued team environment.

https://careers.apac.bnpparibas/