Senior Consultant, Fund Accounting

Senior Consultant, Fund Accounting

Job Description

This role involves performing quality control checks on client deliverables across various fund accounting platforms to ensure accuracy and compliance with fund documentation, client requirements, and regulatory standards. The position may also responsible for leading fund accounting projects, including new fund launches, changes in fund structures, transitions from previous administrators, and process improvement initiatives.

Job Summary

Responsible for overseeing the Fund Accounting and Financial Reporting functions. Coordinate with clients on day-to-day operational issues, address reportable events such as valuation errors or data breaches, and manage the associated incident reporting processes.

Conduct regular meetings with internal service providers to address operational concerns, review performance metrics such as Key Performance Indicators (KPIs) and Management Information Systems (MIS), and ensure compliance with internal and external Service Level Agreements (SLAs).

Assess and enhance the oversight framework, update due diligence assessments, and ensure internal service teams are well-informed and adequately trained on evolving regulatory requirements.

Major Duties

Fund Accounting

• Oversight and responsibility of various fund accounting deliverables and NAV production

• Liaise with the offshore team on NAV production and processes.

• Ensures NAV's are issued accurately and within defined timeframes.

• Ensures the accurate and timely payment of operating expenses.

• Assist in resolving complex fund accounting issues and/or other fund administration matters.

Financial Reporting

• Oversight and responsibility for various contracted financial reporting services.

• Review of interim and annual financial statements for Funds.

• Active liaison with clients and external auditors, dealing with audit queries.

• Ensures agreed client service levels and regulatory filing deadlines are met.

Other Tasks

• Maintain a strong level of oversight on KPIs and high touch client service quality.

• Build professional rapport with clients and NT partners.

• Prepare and participate in internal service review meetings on Fund Accounting functions and services delegated to offshore centers.

• Conduct projects, assist in fund onboarding and stretched assignments

• Other responsibilities as discussed and assigned.

Skills/ Qualifications

• Holds a recognized Professional Accounting Qualification.

• At least 8-10 years of fund accounting/financial reporting experience required

• Knowledge of IFRS/US GAAP

• Strong knowledge of Excel and Fund Accounting platforms

• Excellent oral and written communication skills

• Independent, flexible and adaptable to change

• Strong analytical and problem solving skill

• Good organizational skill and time management

• Language - English (required), Mandarin language proficiency is a plus