You will support a portfolio of clients, including fund managers, family offices, and asset owners, by providing high-quality fund administration, accounting, and investor services. You will act as the point of contact for clients, ensure timely delivery of all engagements, and collaborate with other functions within PwC to address client needs effectively. This role requires diligence, accuracy, and a strong understanding of fund structures and investment products.
Key Responsibilities
Fund Accounting
- Onboard new clients and set up funds/fund structures in accounting systems according to governing documents (PPM, LPA, etc.)
- Provide quality accounting/bookkeeping and fund administration services for open-ended, closed-ended, and evergreen alternative investment funds (private equity, venture capital, real estate, fund-of-funds)
- Prepare monthly, quarterly, semi-annual, and annual NAV reporting packs, including trial balance, balance sheet, statement of operations, investment reports, bank reconciliations, and holdings reports
- Draft financial statements and related FRS/IFRS/RAP 7/US GAAP disclosures
- Oversee and liaise with auditors for fund audits to ensure timely completion
- Follow up with clients on accounting records and resolve issues, providing solutions as needed
- Assist senior fund accountants in daily fund operations and client service matters
Transfer Agency Services
- Maintain shareholder/investor registers
- Prepare and process capital calls, distributions, redemptions, conversions, and share transfers
- Coordinate documentation for capital activities to ensure AML compliance
- Manage commitment agreements, subscription forms, and monitor commitments, drawdowns, and uncalled commitments
- Deliver FATCA/CRS/K1 service offerings to clients
Investor Services
- Assist in client onboarding and fund setup per governing documents
- Liaise with fund managers and stakeholders to resolve onboarding issues
- Ensure adherence to fund policies and procedures for compliance and risk management
- Prepare investor onboarding documentation for AML/KYC compliance
- Support board meetings and shareholder meetings
- Maintain client relationships and handle inquiries
Operational Support
- Assist with new client account setup and transitions, ensuring accurate documentation and system entries
- Support resolution of routine fund accounting and administration issues
- Provide timely updates to senior team members on material issues
- Monitor and track performance against SLA requirements
- Identify process improvement opportunities and enhance operational efficiency
- Maintain internal controls and compliance with SSAE 16 through accurate record-keeping
FA/TA Operational and System Implementation
- Maintain and update Fund Accounting and Transfer Agency operational processes and system setups
- Support system implementation activities, including accurate data entry and documentation
- Recommend process enhancements leveraging technology for scalability and efficiency
Qualifications and Experience
- Bachelor's or Master's degree in Accounting or Economics
- 13 years of relevant experience in alternative investment fund administration, Big 4 audit, or domiciliation
- Knowledge of family office, asset and wealth management industry operations, valuation, and payment procedures
- Understanding of Singapore fund structures (VCC, Pte. Ltd., limited partnership, unit trusts)
- Experience in accounting for investment products, including fund-of-funds, single-manager funds, VC, RE, and PE funds
- Competent in Singapore FRS/IFRS/RAP 7 and US GAAP standards
- Experience in compliance and KYC procedures and familiarity with Singapore regulatory filings
- Professional designation (C.A., C.P.A., C.M.A.) is a plus
Key Attributes and Skills
- Analytical and detail-oriented with strong problem-solving skills
- Professional, confident, and highly motivated self-starter
- Ability to manage multiple projects in a fast-paced environment
- Strong client relationship management skills
- Advanced MS Excel, proficient with MS Word and PowerPoint
- Familiarity with Allvue system a plus
- Personal integrity, emotional intelligence, and team spirit
