Fund Accountant

HSBC; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

HSBC Holdings plc is seeking a Fund Accountant in Singapore to join a dynamic team focused on investment fund accounting and client reporting. You will work with outsourcing teams on deliverables, oversee cash and securities reconciliation, and prepare management and regulatory reports.

The role requires an accounting degree and experience in banking or fund administration, with ACCA/CPA Singapore or equivalent considered. Strong accuracy, client focus, and teamwork are essential.

Qualifications

• Degree/Diploma in an Accounting discipline.
• Relevant years of experience with an investment bank, accounting firm or fund administrator.
• ACCA, CPA Singapore or equivalent qualification will also be considered.
• Demonstrate a high level of accuracy and attention to detail.
• Service-oriented, client focused, proactive and responsive.
• Team player capable of managing multiple client relationships and meeting tight daily deadlines.

Responsibilities

• Work closely with outsourcing teams for clients’ deliverables and reporting.
• Oversee cash and securities reconciliation and ensure procedures align with policies.
• Prepare reports for management and regulatory reporting.
• Handle daily BAU processes.
• Process accounting entries and calculate management and performance fees per policies.
• Ensure funds operate according to the funds' operating memorandum.
• Ensure instructions are followed with proper authentication and timely processing.
• Address client queries and instructions promptly.
• Assist auditors with audit queries and financial report preparation.

Skills

Attention to detail

Accuracy

Client focus

Proactive work ethic

Team player

Multitasking

Education

Accounting degree/diploma

ACCA/CPA Singapore or equivalent (candidates considered)

Job description

Some Careers Have More Impact Than Others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Corporate and Institutional Banking is a markets-led, financing-focused business that provides investment and financial solutions. Our sector-focused Banking relationship managers provide a single coverage point for multi-national clients. With our global capabilities and footprint, vast expertise, and local knowledge, our Global Network Banking teams connect clients to the products and services that meet their international financial needs.

Fund Accountant

In This Role You Will

• Working closely with outsourcing teams for clients’ deliverables and reporting
• Overseeing cash and securities reconciliation and ensure other procedures are prepared in accordance with company and fund-specific policies
• Preparing of reports for management team and regulatory reporting
• Handling of daily BAU processes
• Process accounting entries and calculate management and performance fees in accordance with internal and fund specific policies and procedures
• Ensure funds are operated according to the operating memorandum of the funds
• Ensure all instructions acted upon are compliant with authentication procedures and that corporate action transaction, trade processing, redemption payments and banking instructions are completed accurately and promptly
• Ensuring clients’ queries and instructions are attended to on timely manner
• Attend to auditors on audit queries and financial report preparation

To Be Successful You Will Need

• Degree/Diploma in an Accounting discipline
• Relevant years of experience with an investment bank, accounting firm or fund administrator
• Candidates studying for ACCA, CPA Singapore or equivalent qualification will also be considered
• You should demonstrate a high level of accuracy and attention to detail
• You should be service-oriented, client focused, proactive and should have responsive approach to responsibilities.
• Team player capable of managing multiple client relationships and meeting tight daily deadlines

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis.

You’ll achieve more at HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Candidates with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Issued by Hongkong & Shanghai Banking Co

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