Job Summary
We are seeking a Fund Accountant to join our Fund Administration team within Securities Services. The role is responsible for end-to-end fund accounting, NAV calculation, investor reporting, and operational support for a range of fund structures including hedge funds, Cayman funds, and VCC structures. The role provides strong exposure to complex fund products and cross-functional collaboration with fund managers, custodians, auditors, and internal stakeholders.
Responsibilities
Fund Accounting & NAV Production
- Calculate daily and periodic NAV and perform fund accounting activities to ensure accurate financial reporting
- Process fund subscriptions, redemptions, and corporate actions to maintain up-to-date fund records
- Reconcile cash, positions, expenses, and accruals across fund portfolios to ensure data integrity
- Calculate management and performance fees using equalisation and series accounting methods for accurate fee assessments
Fund Operations & Reporting
- Prepare accurate investor reports and fund performance reports to support stakeholder transparency
- Maintain fund accounting records within Transfer Agency (TA) and Fund Accounting (FA) systems to ensure operational accuracy
- Support fund setup and lifecycle maintenance across various fund structures to facilitate smooth fund operations
Stakeholder Management
- Collaborate with fund managers, investors, custodians, auditors, legal advisors, and internal teams to resolve fund-related queries and support operations
- Assist audit, tax, and regulatory reporting processes including FATCA and CRS compliance to meet regulatory requirements
Controls & Compliance
- Ensure compliance with MAS regulations, internal controls, and accounting standards such as IFRS and US GAAP to uphold governance standards
- Support documentation and operational governance for funds and Special Purpose Vehicles (SPVs) to maintain regulatory adherence
Required competencies and certifications
- Bachelor's degree in Accounting, Finance, or related discipline
- 2-4 years of experience in fund administration, fund accounting, or securities services environment
Preferred competencies and qualifications
- Professional qualification such as ACCA, CPA, or ISCA is an advantage
- Experience with fund accounting systems (e.g., Multifonds)
- Proficient in Excel knowledge of VBA and Bloomberg is a plus
- Strong communication skills in English Mandarin proficiency required for cross-border coordination
