Senior Associate / Assistant Manager - PE Fund Accounting

Finova; Singapore; On-site; SGD 90,000 - 180,000; Full time

Job summary

Finova is hiring a Senior Associate / Assistant Manager - PE Fund Accounting to manage private equity and venture capital fund accounting activities. You will perform NAV calculations, reconciliations, capital calls and distributions, and prepare financial statements and quarterly packages.

The role requires 3–10 years in PE fund accounting, strong IFRS knowledge, and the ability to liaise with auditors and cross-functional teams.

Qualifications

• Bachelor's degree in Finance, Accounting or related discipline.
• CA Singapore and/or CPA is an added advantage.
• 3-10 years of PE Fund Accounting experience.
• Understanding of PE fund operations and waterfall/equalisation.
• IFRS knowledge and good communication skills.

Responsibilities

• Handle fund accounting for Private Equity and Venture Capital funds, including reconciliations, NAV calculations, and accruals.
• Prepare Capital Account Statements for investors.
• Prepare and issue Capital Calls and Distribution notices.
• Prepare Financial Statements and quarterly reporting packages.
• Prepare waterfall and equalisation models.
• Liaise with auditors and support year-end audits.
• Support onboarding of new fund launches.
• Participate in process improvement projects.
• Assist AML procedures and FATCA/CRS reporting.
• Manage client relationships and collaborate with service teams.

Skills

Communication skills

Analytical thinking

Time management

Multi-priority handling

Problem solving

Ambitious

Willingness to learn

Education

Bachelor's degree in Finance/Accounting

CA Singapore / CPA (advantage)

Tools

Investran

Job description

Position:

Senior Associate / Assistant Manager - PE Fund Accounting

NO. OF OPENING:

1

Department: Finova Fund Services

Position Summary

In Finova, we are committed to developing and nurturing talent by providing employees with meaningful career growth opportunities, continuous guidance, and a rewarding career path. We also encourage our employees to broaden their knowledge and skillsets beyond their day-to-day responsibilities to support both personal and professional development in their respective fields. In addition, we strongly believe in fostering a positive work-life balance and strive to create an environment where employees are able to prioritise their well-being while growing in their careers.

Main Job Responsibilities

• Handle fund accounting activities for Private Equity and Venture Capital funds, including reconciliations, NAV calculations, and accruals.
• Prepare Capital Account Statements for investors.
• Prepare and issue Capital Call and Distribution notices.
• Prepare Financial Statements and quarterly reporting packages.
• Prepare waterfall and equalisation models.
• Liaise with auditors and support year-end audit processes.
• Support the implementation and onboarding of new fund launches.
• Participate in process enhancement and improvement projects.
• Assist in Anti-Money Laundering ("AML") procedures and compliance matters.
• Assist in FATCA and CRS reporting and compliance procedures.
• Manage client relationships and collaborate closely with cross-functional service teams to ensure timely and quality service delivery.

Qualification & Skills Required

• Bachelor's degree in Finance, Accounting, or a related discipline.
• Chartered Accountant (Singapore) and/or CPA qualification will be an added advantage.
• Minimum 3 - 10 years of relevant experience in Private Equity Fund Accounting.
• Strong understanding of Private Equity fund operations, including fund structures, waterfall models, equalisation, and fund accounting processes.
• Knowledge of the Investran system will be preferred.
• Sound knowledge of IFRS and relevant accounting standards.
• Strong written and verbal communication skills.
• Good project and time management skills with the ability to manage multiple priorities.
• Strong analytical, problem-solving, and critical thinking abilities.
• Ambitious, driven, and keen to progress in career growth and development.
• Positive attitude with a strong willingness to learn and continuously develop professionally.

Please be informed that only candidates who have been shortlisted will receive further notification. Thank you for your interest in applying with us.

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