Fund Accountant - Private Capital, SG

Role Overview

The Fund Accountant Private Capital plays a critical role in the Private Capital team. Reporting to the Assistant Manager of the Private Capital department, the role provides technical expertise and a reviewing function with respect to Private Capital Administration services delivered to the client base.

The role provides operational support and performs production and reviewing functions in delivery of the PC team’s BAU and reporting activities. It also includes technical expertise for all regulatory / statutory change, support of business change projects and review of business improvement processes. In addition, the role will provide technical support and input for any process re-engineering.

Primary Role Responsibilities

Core fund administration

• Process and control capital calls, distributions, subscriptions, redemptions and transfers on the dedicated platform.
• Check investment documents for completeness before payments are made.
• Reconcile assets and market valuations.
• Prepare or review NAV reports, including trial balances, fee calculations (management fee and waterfall), accruals and expenses.
• Prepare client reporting (monthly, quarterly, semi-annual and annual) and Administrator Reports for Fund meetings.
• Make sure fund fees and expenses are paid on time.
• Complete fund audits on schedule and file regulatory reports on time.

Oversight, projects and change

• Guide junior team members.
• Help managers respond to quality assurance, operational risk, internal audit and ISAE audit requests.
• Help onboard new assets, including system setup, documentation review and fund migrations.
• Support restructures and lead small projects.
• Provide technical input on regulatory change and process re-engineering.
• Join internal and external strategic meetings and input on new business requests.

Risk and compliance

• Analyse transaction counterparties and monitor AML/KYC/FATCA controls.
• Make sure operational risk and legislative requirements are met in all output.

Service delivery

• Validate transaction processing and business-as-usual tasks.
• Deliver service in line with client SLAs.
• Work with other teams and answer routine client queries.
• Adapt to change and incorporate client requirements and process reviews.

Requirements

• 5-7 years of experience within the financial services industry; private capital experience is preferred
• Proven track record as a Private Capital Fund Accountant
• Proven change management and process improvement capability
• Ability to identify process improvements and implement solutions
• Ability to foster and maintain strong interpersonal relationships both internally and externally
• Technical background in Fund Administration incorporating all aspects of valuation of PC assets, unit pricing, tax, accounting and reporting