Senior Fund Accounting Manager - Hedge Funds

CO_AFSSN Apex Fund Services (Singapore) Pte. Ltd.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Apex Fund Services (Singapore) Pte. Ltd. is seeking a Senior Fund Accounting Manager for hedge funds in Singapore. The role focuses on leading NAV preparation, client deliverables, and fund administration excellence.

You will review fund payments, manage fees calculations, and liaise with clients, brokers, and custodians to resolve queries. Strong governance and AML/KYC compliance are essential.

Qualifications

• At least 5 years Senior Fund Accounting experience or equivalent in fund administration.
• Proficient in Microsoft Excel and Word.

Responsibilities

• NAV preparation and review for fund administration clients.
• Reviewing and processing fund payments to fund manager and third parties.
• Calculation of management fees, performance fees, interest, and accruals.
• Liaising with clients, brokers and custodians to address queries.
• Adoption, integration and setup of new funds per procedures.
• Ensure SSAE 16/SSAE 18 Type II compliance and other requirements.
• Prepare audit deliverables and respond to audit queries.
• Perform AML/KYC checks on new investors and ensure compliance.
• Support in development of client relationships and meeting deadlines.

Skills

Fund accounting

Excel

Word

Education

Accounting/Finance degree

Professional membership CA/ACCA/CPA

Tools

Paxus

Job description

Senior Fund Accounting Manager – Hedge Funds

Location: Singapore

What you will be doing:

• Managing client deliverables in accordance with service agreements and SLAs including NAV preparation and all ad-hoc requests as principal point of contact for fund administration clients.
• Reviewing and processing fund payments fund manager and third parties
• Review and calculation of management fees, performance fees, interest and accruals
• Liaising with clients, brokers and custodians to address client queries and concerns
• Management of the NAV preparation and review process for our fund administration clients
• Adoption, integration and set up of new funds in accordance with prescribed procedures
• Adhering with internal policies and procedures and ensuring compliance with auditing standard as per SSAE 1 6/ SSAE 18 type II and other relevant requirements.
• Managing client audit deliverables including preparation of financial statements, responding to audit queries, completing audit confirmations and other audit requests
• Performing due diligence checks on new investors in line with Anti-Money Laundering and Counter Terrorist Financing company policies
• Ensuring compliance with local, jurisdictional and bank-wide AML and KYC standards
• Working on ad hoc internal projects as required
• Providing coverage for team members’ deliverables as required
• Review and understanding fund governing documents for clients to ensure adherence
• Assist in FATCA related checks and procedures
• Assisting in the development of new and existing global client relationships, optimizing service offerings, productivity and profitability
• Train staff on processing complex financial instruments and on all fund related matters.
• Supervise and review tasks performed by staff, including Net Asset valuations, broker , reconciliations, subscriptions and redemptions reconciliation , financial statements of funds, and liaise with auditors to ensure timely completion of audits.
• Assist in pre launch phase of new funds, including the review of fund documents, PPM (Private Placement Memorandum), set up of the fund structure in the system (PAXUS/Geneva ), and assist clients in opening of bank and broker accounts.
• Client relationship management and meeting deadlines
• Assist in any ad hoc tasks being assigned by senior manager managing director.

Skills Required:

• At least 5 years Senior Fund Accounting experience or Public Accounting experience with alternative investment funds, having exposure to a wide range of global investment activities.
• University degree in Accounting, Finance or a related discipline.
• Member of C.A, ACCA, CPA or equivalent.
• Min. 6 years of relevant work experience in fund administration industry.
• Good communications, interpersonal and problem solving skills.
• Must have knowledge of general accounting and reconciliation practices and procedures.
• Flexibility and ability to multi task and prioritize to deliver on time.
• Proficient in the use of Microsoft Excel and Microsoft Word.
• Proficiency in using PFS Paxus will be an advantage

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business; Competitive remuneration commensurate with skills and experience; Training and development opportunities

Equal Opportunity Statement

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability.

Any hiring decision are made on the basis of skills, qualifications and experiences.

Personal data provided by job applicant(s) will be used for recruitment purposes only and will be treated strictly confidential. Such personal data can be accessed by different Apex stakeholders within and out of country for the consideration of the job application hereunder. Application made by the job applicant(s) constitutes the irrevocable consent of the job applicant for her/his personal data to be used by Apex stakeholders within or outside country for the purpose of this recruitment.

https://www.apexgroup.com/corporate-social-responsibility/

About Apex Group

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers. Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide. Your career with us should reflect your energy and passion. That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience. Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities. For our business, for clients, and for you we offer a positive disrupter and turn big ideas into bold, industry-changing realities. We’re a people‑powered business, and our people are full of ambition. Together, we’re inspired to lead the new era of data and tech‑enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies. Prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. Positive change starts with you. We’re a people‑powered business with a vision to inspire a new era of service‑led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. The journey is yours to own. When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We’ll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey.