Financial Services Professional: Private Equity Fund Administration

5 days ago


Singapore LINNOVATE PARTNERS AFS PTE. LTD. Full time
Company Overview
LinnoVate Partners AFS PTE. LTD., a reputable firm in the asset and fund management industry, seeks an experienced Financial Services Professional to join its team. As a trusted partner for private equity funds, our company prides itself on delivering exceptional fund administration services.

Salary: $80,000 - $110,000 per annum (depending on experience)

Job Description:
We are looking for a skilled Fund Accountant Manager to oversee the preparation and delivery of seamless fund administration services to asset and fund managers of private equity funds. Key responsibilities include:
  • Preparing and processing transactions and other fund accounting output for subsequent review.
  • Providing support to respond to client and investor queries.
  • Preparing and reviewing fee calculations, including management fees, capital call amounts, distribution amounts, carried interest, and waterfall, ensuring they align with applicable fund terms.
  • Preparing and reviewing various statements and notices, such as investor capital call and distribution notices, as well as ad-hoc requests regarding fund and investor-specific reports and analysis.
  • Preparing fund quarterly and annual financial reports.
  • Understanding and assisting clients with reporting requirements, such as CRS/FATCA, VAT, K1s, K3s, and others.
  • Assisting clients in addressing and resolving audit inquiries from external auditors during year-end audits.
  • Participating in pre-project stage discussions with clients to define detailed services models for specific clients.
  • Assisting with the onboarding of existing funds and launching new funds.
  • Contributing to internal and external technology solutions to address complex reporting and data requirements of clients.
  • Exposure to and learning the latest technology solutions in the asset servicing industry, driving automation for less manual bookings, and providing more value-added services to clients.

Required Skills and Qualifications:
To succeed in this role, you should possess:
  • A Bachelor's degree in Accounting or Commerce or Finance or a related field with a major in Accounting.
  • An internationally recognized accounting qualification, such as CPA or CA, is highly regarded.
  • A minimum of 6 years of experience in accounting, specializing in private equity, or a combination of audit/fund administration and private equity funds experience.
  • Knowledge of different accounting standards, including IFRS and US GAAP.

Benefits:
We offer a dynamic work environment, competitive salary, and opportunities for growth and development. If you are a detail-oriented professional with excellent communication and analytical skills, we encourage you to apply.

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