Assistant Fund Controller

Reporting to the Fund Controller, key responsibilities include:
**Fund Accounting and Reporting**
- Perform review and oversight of monthly accounts of SPVs, quarterly consolidated accounts of the Funds, quarterly investor’s capital account statement and quarterly Fund’s performance calculation that prepared by the service provider to ensure accuracy and timeliness of reporting deliverables
- Perform the management fee calculations
- Responsible for annual audit process, acting as a point of escalation for complex issues to the Fund Controller to ensure accurate and timely delivery of audited financial statements to the Investors
- Responsible for effective oversight of key service providers including monitoring the service provider’s performance, addressing queries raised, stepping in in resolving issues and ensure smooth day to day delivery of work scope
- Responsible for any internal reporting requirements such as AUM, debt information and etc

**Tax Compliance**
- Managing and monitoring the tax compliance of SPVs
- Liaise with tax agent and internal tax department on FATCA/CRS matters, entity classification for U.S. tax purposes, investor’s tax return and etc

**Cash Management**
- Managing and monitoring compliance with loan covenants of property holding companies includes preparation of a forecast of financial covenants on rolling four quarters basis
- Responsible for drawdown and repayment of the Fund’s revolving credit facility and managing the compliance with information undertakings
- Responsible for distribution and liquidity forecast of SPVs including conducting the solvency test calculation on each dividend declaration
- Support fund controller in overseeing capital call and distribution process
- Managing the invoice approval and payment process in coordination with the service providers to ensure the authorization follows the relevant Delegation of Authority matrix, timely payment and mitigate payment fraud risk
- Coordinate with the service provider for opening and closing of bank accounts, change in bank signatories and KYC requirements for banks/FX counterparties
- Responsible for the semi-annually/annual recertification of bank account and bank signatories and maintain the inventory list of bank accounts
- Responsible for annual budgeting process of the Fund and SPVs to ensure the approved budget is implemented on timely manner
- Perform review the quarterly cash flow forecast of SPVs prepared by the service provider, monitoring the liquidity and acting as a point of escalation of liquidity shortfall to the Fund Controller

**Fund Administration, Corporate Governance & Others**
- Work in coordination with the service provider to handle all SPVs corporate secretarial matters as well as opening and closing of bank accounts for SPVs
- Ensure ongoing compliance with internal compliance policies, all applicable legislative and regulatory requirements. This also includes monitoring of compliance in accordance with the terms set out in fund’s documents
- Maintain and update the business information of SPVs in the inhouse system on timely manner
- Managing the liquidation process
- Participate in projects involving with system implementation, internal control, work processes and efficiency
- Support Fund Controller in handling the closing deliverables, establishment of entities and any post-closing matters for acquisition and disposition of Fund’s investments
- Support Fund Controller with any ad-hoc reports as and when are assigned

**Requirements**:

- Qualified Accountant or relevant recognized qualification (ACCA, CPA & etc)
- 5-10 years of fund operation experience in **private equity real estate or asset management**, with at **least 3 years in supervising outsourced functions** like fund accounting services, transfer agency services, corporate secretarial services and other relevant services
- ** Strong hands-on** fund operation experience with an in-depth understanding of operational and accounting requirements for real estate private equity funds
- High level of attention to detail and ability to resolve conflicting priorities
- Demonstrates a proactive and risk-focused approach to work, understanding the importance of identifying and raising issues appropriately
- Take initiative and understands that a highly organized team can drive better performance, and take the lead in managing operational improvements and change
- Ability to work in a multifaceted, fast-paced environment while maintaining efficiency and accuracy
- Strong communication skills, ability to deliver message in a very professional, timely and concise manner both internally and externally
- High proficiency in Microsoft Excel and prior hands on experience in implementation of accounting software (e.g. Microsoft Navision, MRI, Yardi, etc.) would be an advantage