Fund Accounting Manager

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
- excluding partnerships

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

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**POSITION PURPOSE**:
Manage a team of fund accountants and involve in the day-to day fund administration operations performed by the Singapore office for domestic and/or off shore based funds managed in Asia.

Support analysis of new business, analysis, testing and implementation of new fund accounting functionality and new requirement.

Participate in the transformation of FA operating models and management of internal service providers in other locations.

Able to work flexible working hours possibly morning/afternoon shifts and support Singapore public holidays.

**RESPONSIBILITIES**:
**Direct Responsibilities**

Oversee and monitoring of operational activity performed by fund accountant.

Assisting the Head of FA Singapore to create a standard, scalable and cost-efficient production model.

Review daily, weekly and monthly NAV funds in accordance with applicable Industry recommended accounting practices, accounting standard or specific constitutional documents.

Work with the team of fund accountants and liaise with different support functions to ensure NAVs are delivered in a 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.

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.

Liaising and working with Fund Accountant to collate responses to Auditors to finalize the audit with the agreed timeframe.

Participating in transition planning and testing to ensure new processes or system functionalities can meet clients’ needs and requirements.

Drafting SLD/SLA with other BPSS locations for outsourcing or insourcing of services.

Oversee and monitoring of activities and tasks stated in SLD/SLA are completed in an accurate and timely manner.

Drafting the operating memorandum and SLA/OSL for the new client take on.

Involve in any new client take-on and migration activities.

Support the Head of FA Singapore in any global Fund Accounting operating model objectives

Other ad-hoc duties may be required from time to time

**Contributing Responsibilities**

**Risk and Compliance**:
Ensure the operating model in compliance with regulations, market infrastructure evolution and BNP Paribas internal control rules and meet compliance and regulatory obligations

**Conduct**:
Adhere to the Code of Conduct and act accordingly internally, when facing clients and providers

**TECHNICAL & BEHAVIORAL COMPETENCIES**:
Experience with Multifonds accounting system preferred

Good communication and interpersonal skills with external corporate clients and global stakeholders.

Persistence / perseverance in achieving operational efficiency

Leadership in driving the team to achieve set objectives.

Good operational/technical skills in fund accounting and administration

Good analytical and problem solving skills to provide solutions

Fluency in Business Mandarin is an added advantage

**SPECIFIC QUALIFICATIONS (IF REQUIRED)**:
University degree/ post graduate degree in Finance or Accounting preferred

Minimum 5-8