Senior Fund Accountant

Tangspac SingaporePosted 3 hours ago Hybrid Permanent S$6k - S$9k
- Top-tier European Global Bank is looking to hire a Senior member for their Fund Accountant Team, covering Hedge Funds.

The Senior Fund Accountant works closely with internal teams to provide fund administration services to external fund managers in Asia/Europe and Asian asset owners and to prepare the financial consolidation report of multiple funds for a key client.
- Able to work independently on financial consolidation of multiple funds/portfolios internal and external for year-end financial reporting purposes for a key client.
- Able to work closely under tight deadline with client and auditors to meet client specific reporting requirements.
- Validate daily, weekly and monthly NAV funds/portfolios in accordance with applicable Industry recommended accounting practices, accounting standard or specific constitutional documents.
- Work with fund/portfolio accountants and liaise with different support functions to ensure NAVs are delivered in timely manner to meet the agreed KPIs.
- Provide accurate statistic data (KPIs etc.) on an as-scheduled basis and establish service excellence.
- Ensure NAV calculations are accurately prepared and in line with the BNPP operational and system procedural manual.
- Prepare operational and system procedural manuals to ensure that all operational risks are well under control and adequate for the day-to-day activities.
- Identifying and documenting “non-standard” process flows for proper documentation.
- Report and escalate operational or major incidents including any breach or error occurrences to the Management.
- Participate in regular operational meetings to review any client and new business requirements.
- Working pro-actively with Clients to resolve queries on action points relating to Fund Admin matters
- Participating in transition planning and testing to ensure new processes or system functionalities can meet clients’ needs and requirements.
- Involve in any new client take-on and migration activities.
- Co-ordinating the NAV preparation process - including review of final trial balances and all underlying portfolio information, accruals and expenses to ensure that information is up to date and complete. Analysing and reviewing movements in the NAV taking into account effects of P&L, side-pockets and hedging on share class/ series NAVs.
- Liaising with the GSO team, prime brokers and investment managers to resolve reconciliation breaks and other NAV related queries on a timely basis.
- Overseeing payments processing and ensure proper controls including call back in place.
- Monitoring the daily/ad-hoc work of the team to ensure client / internal deadlines are met. Handling internal administrative tasks (e.g. KPI, KRI, MI reporting, Sage).
- Managing client audit and due diligence reviews. Co-ordinating the funds’ audit process to ensure completion of audits in accordance with agreed timeframes and timely filing of the AFS & FAR with CIMA (as applicable).
- Co-ordinating the preparation & presentation of Administrator Reports at Fund meetings as required.
- Promoting and maintaining high quality client service. Handling work with clients, fund managers and other third parties (e.g. fund auditors) on daily operational issues in an independent and professional manner). Responding to client enquiries and co-ordinating work with other internal departments.
- Providing assistance on new fund launches, fund restructuring and fund terminations, including coordinating with clients & other internal departments on review of fund documentation & execution of service agreements. Ensuring all necessary onboarding & termination procedures are followed for account openings & closings.
- Actively contributing to product/service development initiatives, evaluating processes to improve efficiency and leading in internal projects as required.
- Oversight of the services provided by GSO team and any external services providers as required.
- Assisting the Head of Fund Accounting to manage the requests from the quality assurance team, operational risk team, internal audit team requests, ISAE audit team etc; and to effectively and timely address any audit points.