Associate Director, Fund Solutions

Firm Overview:

Cambridge Associates (“CA”) is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.

Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania.  Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world.  For more information, please visit www.cambridgeassociates.com.

Job Description Summary:

The Fund Solutions Associate Director will lead the fund accounting, tax oversight, financial reporting, governance, and service-provider management across Singapore fund structures. This role is responsible for ensuring strong operational controls, accurate NAV and investor reporting, compliance with fund governing documents, and adherence to all Singapore VCC and other related local fund structure’s regulatory requirements, where applicable. The Director will partner closely with legal, compliance, tax, auditors, custodians, administrators, and senior leadership to oversee fund operations and support new product launches, ongoing fund administration, and regulatory compliance.

Job Description:

Key Responsibilities

·         Lead accounting, operations, and governance for Singapore VCCs and other related local fund vehicles.

·         Oversee NAV reviews, capital activity, expense accruals, fee calculations, and investor allocations.

·         Review and approve management fees, and where applicable: incentive fees, carried interest, and other complex allocations.

·         Oversee fund tax processes, investor tax reporting, tax work papers, and coordination with external tax providers.

·         Manage fund administrator, custodian, auditor, tax adviser, and other external service providers against service standards and reporting deadlines.

·         Review financial statements, audit schedules, and supporting documentation, ensuring compliance with applicable accounting standards including Singapore Financial Reporting Standards (International) and IFRS where applicable

·         Ensure capital calls, distributions, transfers, subscriptions, redemptions, and investor reporting are processed accurately and in accordance with fund documents.

·         Review Fund constitutions, offering documents, PPMs, side letters, and other governing documents to ensure accounting, fee treatment, and operations align with legal terms.

·         Act as a senior contact for internal stakeholders and investors on fund accounting, reporting, tax, and operational matters.

·         Support fund launches, restructurings, liquidations, and changes to fund structures.

·         Drive process improvement, automation, data quality, and reporting efficiency across the platform.

·         Oversee fund cash management, including forecasting liquidity needs and making recommendations for investor capital calls and distributions.

 

Singapore VCC Regulatory and Governance Requirements

·         Oversee compliance with applicable Monetary Authority of Singapore MAS requirements, including where the VCC is managed by a licensed or exempt fund manager.

·         Ensure proper maintenance of VCC and sub-fund records, statutory registers, and corporate documentation.

·         Oversee filing of annual returns, financial statements where required, and other submissions to ACRA and relevant regulators.

·         Monitor governance of sub-funds, including proper segregation of assets and liabilities between sub-funds.

·         Ensure compliance with CRS, beneficial ownership, and other investor transparency and reporting obligations.

·         Coordinate with Legal and Compliance on fund offering documentation, regulatory disclosures, and ongoing compliance obligations.

Qualifications

·         Bachelor’s degree in accounting, Finance, or related field; CA, ACCA, CPA, CFA, or similar qualification preferred.

·         10+ years of relevant experience in fund accounting, fund operations, tax, or finance within hedge funds, fund administrators, asset managers, or alternative investment platforms.

·         Strong experience with Singapore VCC structures as well as other fund structures and exposure to hedge fund and other private investment operations.

·         Experience with fund accounting for private investments, specifically around hedge funds, including investment funding, capital activity, liquidity management, and coordination with investment managers and service providers.

·         Strong knowledge of NAV oversight, capital activity, fund financial statements, fee calculations, and investor reporting.

·         Experience reviewing and applying fund governing documents and legal agreements.

·         Experience managing third-party administrators, custodians, auditors, and tax providers.

·         Strong communication skills and ability to operate across Legal, Compliance, Tax, Finance, and investor-facing teams.

·         High attention to detail, strong mindset around controls, and the ability to work in a fast-paced environment.

Base salary range for this role:

Pay Range Minimum:

106700

Pay Range Maximum:

143000

In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.