Asset & Wealth Managed Services (AWMS) - Associate Fund Accountant

Specific responsibilities include the following: 

Fund Accounting 

• Responsible to onboard new clients and set-up new funds and fund structures into the accounting system in accordance to governing documents (i.e., PPM, LPA, etc). 

• Responsible for providing quality accounting/bookkeeping and fund administration service for open ended/closed ended/evergreen Alternative Investments Funds (Private equity/Venture Capital/Real Estate and Fund-of funds), including family offices (the “Funds”). 

• Preparation of monthly/quarterly/semi-annual/annual/ Net Asset Value (the “NAV”) reporting pack which includes detailed trial balance, balance sheet, statement of operations, investment, bank reconciliation and investment holdings report. 

• Drafting of financial statements and related FRS/IFRS/RAP 7/US GAAP disclosures in accordance with accounting standards. 

• Oversee and facilitate audits of the Funds and liaise with the auditors to ensure timely completion of audit. 

• Perform follow-up with clients as necessary on accounting records and issues and develop solutions to these issues. 

• Assist senior fund accountants to take care of day-to-day operation of the funds which includes resolving accounting issues and client service matters.  

• Ensure optimal level of client service matters and all deliverables are on time and meet set quality standards. 

Transfer Agency Services 

• Responsible for the maintenance of the shareholder/investor register. 

• Prepare capital call/distribution/redemption/conversion/share transfer calculations and process these in a timely manner. 

• Co-ordinate documentation for capital activities to ensure AML compliance. 

• Management of commitment agreements and subscription forms including monitoring of commitments, drawdowns, and uncalled commitments. 

• Deliver the organisation's FATCA/CRS/K1 service offering to our clients. 

Investors Services 

• Assist with new client onboarding and ensure proper fund and fund structure set ups within the accounting system in accordance to governing documents (i.e., PPM, LPA, etc). 

• Assist senior fund accountants in liaising, discussing, and resolving issues surrounding client onboarding with fund managers and stakeholders. 

• Maintain and enforce adherence to the Fund’s policies and procedures in accordance with their business line operating model to safeguard clients’ interest 

• Prepare investor onboarding documentations to ensure AML/KYC compliance. 

• Take care of day-to-day operation of the funds and following up with third parties such as investors and fund managers. 

• Assist in the organisation of board meetings and shareholder’ meetings. 

• Responsible for maintaining client relationships, inquiries, and meetings. 

Operational Support 

• Assist in setting up new client accounts and transitions by preparing required documentation and ensuring accurate system entries. 

• Support resolution of routine fund accounting and administration issues by coordinating with relevant stakeholders. 

• Provide timely updates to senior team members on any material issues affecting deliverables. 

• Monitor and track performance to meet the requirements set out in the SLA. 

• Contribute to identifying process improvement opportunities and suggest ways to enhance operational efficiency. 

• Help maintain internal controls and compliance with SSAE 16 requirements through accurate record-keeping and adherence to procedures. 

FA/TA operational and organisational readiness and system implementation 

• Assist in maintaining and updating Fund Accounting (FA) and Transfer Agency (TA) operational processes and system setups to meet evolving business needs.  

• Support efforts to improve work processes by identifying inefficiencies and suggesting practical enhancements, including leveraging technology for greater scalability and efficiency.  

• Provide administrative and documentation support for system implementation activities, ensuring accurate data entry and adherence to established procedures. 

ATTRIBUTES & SKILLS: 

• You hold a Bachelor and/or master’s degree in Accounting or Economics. 

• You have a minimum 1 to 3 years of relevant experience in alternative investment fund administration, Big 4 audit firm or domiciliation. 

• You have good knowledge and understanding of the family office; and asset and wealth and management industry landscape and operations (including valuation (in private companies, debts, etc), accounting and payment procedures). 

• You have good knowledge about Singapore fund structures (i.e., Singapore Variable Capital Company (VCC), Singapore Private Limited (Pte. Ltd.), SG limited partnership and unit trusts). 

• You have good knowledge in accounting for investment products, ideally with fund-of-funds, single-manager funds, venture capital, real estate and private equity funds will be considered an asset. 

• Competent accounting knowledge in Singapore FRS/IFRS/ RAP 7 and US GAAP standards. 

• Previous experience in compliance and KYC procedures. 

• Familiar with Singapore regulatory filing requirements. 

• Professional, confident, and highly motivated self-starter, with an ability to handle multiple engagements/projects in a fast-paced environment with tight deadlines, positive attitude to learn and strong team player. 

• Possess strong values, personal integrity, and emotional intelligence.  

• Meticulous and attention to details, possessing an analytical and enquiring mind-set. 

• Possess team spirit, a capacity to build strong client relationships and take initiative to act without waiting for direction (when appropriate). 

• Advanced level MS excel, proficient with MS Word, MS PowerPoint. 

• Knowledge and prior experience on Allvue System a plus. 

• A professional designation such a C.A., C.P.A., or C.M.A. etc., would be an asset.