Fund Accounting Manager

Borr Drilling; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading company in the finance sector is seeking a Fund Accounting Manager to oversee fund administration operations in Singapore. The role requires strong leadership and analytical skills, along with extensive experience in fund accounting. Responsibilities include monitoring operational activities, ensuring accurate NAV calculations, and managing a team of fund accountants. Ideal candidates should possess a degree in Finance or Accounting and have 5-8 years of relevant experience.

Qualifications

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

Responsibilities

• Oversee operational activity performed by fund accountants.
• Review NAV funds daily, weekly, and monthly.
• Ensure compliance with regulations and internal controls.

Skills

Leadership

Analytical Skills

Communication

Problem-solving

Interpersonal Skills

Education

University or postgraduate degree in Finance or Accounting

Tools

Multifonds accounting system

Job description

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees and a presence in 13 markets, BNP Paribas provides corporates, institutional, and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

• excluding partnerships

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse, and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

For more information, visit BNP Paribas Careers.

POSITION PURPOSE

Manage a team of fund accountants and involve in the day-to-day fund administration operations performed by the Singapore office for domestic and/or offshore-based funds managed in Asia.

• Support analysis of new business, analysis, testing, and implementation of new fund accounting functionality and requirements.
• Participate in the transformation of FA operating models and manage internal service providers in other locations.
• Flexibility to work morning/afternoon shifts and support Singapore public holidays.

RESPONSIBILITIES

Direct Responsibilities

• Oversee and monitor operational activity performed by fund accountants.
• Assist the Head of FA Singapore to create a standard, scalable, and cost-efficient production model.
• Review NAV funds daily, weekly, and monthly in accordance with industry practices and standards.
• Work with fund accountants and support functions to ensure timely delivery of NAVs to meet KPIs.
• Provide accurate statistics and establish service excellence.
• Ensure NAV calculations are accurate and aligned with procedural manuals.
• Prepare operational and system procedural manuals to control operational risks.
• Report and escalate operational incidents or breaches.
• Participate in operational meetings and work proactively with clients to resolve queries.
• Collaborate on audit responses and participate in transition planning and testing.
• Draft SLAs and operational memoranda for new client onboarding.
• Support global fund accounting operating model objectives.

Contributing Responsibilities

Risk and Compliance: Ensure compliance with regulations, market infrastructure, and internal controls.

Conduct: Adhere to the Code of Conduct internally and externally.

TECHNICAL & BEHAVIORAL COMPETENCIES

• Experience with Multifonds accounting system preferred.
• Strong communication and interpersonal skills.
• Persistence and perseverance in achieving operational efficiency.
• Leadership qualities to drive team objectives.
• Good technical skills in fund accounting and administration.
• Analytical and problem-solving skills.
• Fluency in Business Mandarin is an advantage.

QUALIFICATIONS

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