Fund Administration

PERSOL; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A financial services company in Singapore is seeking a professional to oversee fund operations and ensure compliance while delivering exceptional service to investors. Candidates should possess a Bachelor's Degree in Accounting or Finance, with at least 2 years of experience in fund administration. The ideal applicant will know accounting standards and investment products and have strong organizational skills. This position offers a unique opportunity to enhance your financial acumen in a dynamic work environment.

Qualifications

• 2 years of experience in fund administration or a licensed fund management company.
• CPA qualification in progress or recently completed examinations is advantageous.
• Familiarity with regulations and adherence to internal controls required.

Responsibilities

• Manage fund operations, including subscriptions and redemptions.
• Deliver accurate NAV calculations and investor reports promptly.
• Coordinate with investors, fund managers, and external stakeholders.
• Monitor cash flows, expenses, and fee calculations.
• Oversee accounting for Special Purpose Vehicles (SPVs).
• Ensure adherence to internal controls and regulatory requirements.

Skills

Strong understanding of accounting standards (e.g., US GAAP, IFRS)

In-depth knowledge of investment products such as securities, fixed income, and derivatives

Meticulous with the ability to handle multiple tasks efficiently

Strong organizational, communication, and stakeholder management skills

Ability to work collaboratively in a team-oriented environment

Education

Bachelor's Degree in Accounting, Finance, or a relevant field

Qualified Accountant (e.g., ISCA/ACCA/CPA)

Tools

Fund administration systems like Multifond

Microsoft Office

VBA skills

Job description

Brief Summary

Join a dynamic team where you will oversee fund operations and ensure compliance while delivering exceptional service to investors. This role offers an exciting opportunity to enhance your financial acumen and contribute to diverse fund structures.

Responsibilities

• Manage fund operations, including subscriptions, redemptions, and corporate actions while ensuring regulatory compliance.

• Deliver accurate NAV calculations, investor reports, and forecasts promptly.

• Coordinate with investors, fund managers, auditors, legal advisors, custodians, and external stakeholders.

• Monitor cash flows, expenses, and fee calculations, including performance fees.

• Understand and apply various fund calculation methods based on investor returns, such as equalization and series accounting.

• Oversee the accounting for Special Purpose Vehicles (SPVs) and assist in FATCA/CRS reporting for clients.

• Ensure adherence to internal controls and regulatory requirements set by applicable authorities.

• Maintain comprehensive fund records to support audit and tax processes related to the portfolio.

• Handle investor communications and inquiries regarding portfolio administration and transfer agency registration.

Requirements

• Bachelor’s Degree in Accounting, Finance, or a relevant field.

• Qualified Accountant (e.g., ISCA/ACCA/CPA) with a CPA qualification in progress or recently completed examinations is advantageous.

• Minimum of 2 years of experience in fund administration or with a licensed fund management or administration company.

• Strong understanding of accounting standards (e.g., US GAAP, IFRS).

• In-depth knowledge of investment products such as securities, fixed income, and derivatives.

• Familiarity with fund administration systems like Multifond and proficiency in Microsoft Office; VBA skills are a bonus.

• Meticulous with the ability to handle multiple tasks efficiently.

• Strong organizational, communication, and stakeholder management skills.

• Ability to work collaboratively in a team-oriented environment.

• Flexible and adaptable in a fast-paced, dynamic workplace.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified. EA License No.: 01C4394 (PERSOL Singapore PTE LTD)

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