Assistant Manager (Fund Accounting Team)

Job description

Accounting Services

• Preparation of accounting entries for complex Funds and SPVs.

• Preparation and review of monthly standalone SPVs reports and NAV calculation.

• Review accounting data from junior/senior AEs.

• Conduct consolidation of IFRS/INREV based financial statement.

• Prepare and review monthly and/or quarterly financial consolidation/equity pick up.

• Prepare and review quarterly and annual investor reports.

• Liaison with auditors, tax advisor, legal advisors, and company secretary if necessary.

• Supervise and validate the preparation of financial statements in compliance with relevant accounting standards (e.g. IFRS, FRS, JGAAP) and regulatory requirements (e.g. ACRA, IRAS).

• Ensure compliance with MAS, ACRA, IRAS and other relevant regulatory requirements, especially for fund managers or property-holding entities.

• Prepare computations, rebalancing, carried interest, funds flow schedule and associated investor notices for Capital Calls and Distributions.

• Support the implementation of new fund accounting software and drive process improvements through automation to implement best practices in fund accounting workflows.

Client Relationship

• Responsible for client/investors queries and other ad hoc requests from client.

• Manage client’s relationship and communication with client’s key personnel.

• Lead regular client meetings to review fund performance, financial deliverables, and address ongoing operational matters.

• Other client relation assignments.

Managerial Duties

• Monitor individual and team workload, balance assignments based on complexity and staff capability and regular catchups to maintain high standards of teamwork and collaboration.

• Create and implement SOPs within team (project specifics and internal processes).

• Provide continuous coaching, technical guidance, and on-the-job training to junior team members to build capacity and support professional growth.

• Collaborate with the Manager on resource planning, especially around peak periods (year-end, quarterly closings), to ensure deadlines are met without compromising quality and proactively addressing delays (if any).

• Performs other related duties as necessary or assigned and assists in any other business initiatives as directed by the Management.

Requirements

• At least 5 years of relevant experience in the financial industry, accounting firm or audit firm (experience in a fund administration role would be advantageous).

• Degree, preferably in Business, Finance & Accountancy. Professional certifications (e.g CA, CPA, ACCA) would be an advantage.

• Strong understanding of Financial Reporting Standards (FRS) and Goods and services taxes (GST).

• Good knowledge and experience in liaising with external auditors.

• Exposure to management or supervisory of juniors is a MUST.

• Proficient in Microsoft Office, in particular, MS Excel and Word

• Strong interpersonal and communication skills

• Meticulous and diligent individual with positive attitude

• Self-motivated and team player

Company Benefits:

• Quarterly townhall session & team bonding.
• Bi-monthly workshops & seminars for our employees to stay up to date with the relevant industrial knowledges & latest regulations.
• Comprehensive group medical and hospitalization insurance benefits.
• We encourage our employee’s professional development by offering Study Leave & professional qualification course subsidy.
• Hybrid working environment (work from home arrangement and staggered working hours)
• AWS and variable bonus