Job Description
Our Client:
RGF is representing one of the well-established companies providing fund services in Asia to look for Fund Accountant to join their aggressively expanding team. The Fund Accountant will be responsible for reviewing Net Asset Values, capital calls and other Fund administration duties.
The Responsibilities:
* Oversee the day-to-day operational matters and critical issues that need to be addressed before disseminating work to other team members
* Reviewing financial statements, management accounts and accounting packages
* Draft wordings for disclosure wordings for IFRS/US GAAP accounting conventions
* Reviewing Capital Account Statements and Net Asset Values
* Reading/understanding Fund documents like Subscription documents, partnership agreements, and shareholder agreements for existing/new clients and explaining the key terms to team members
* Reviewing capital call and distribution notices
* Preparing/Reviewing waterfall and equalization workings
* Coordinating and dealing with Fund investors on meeting investor's specific reporting requirements
* Reviewing investor requests
* Overseeing Fund administrators in their daily cash management/payment responsibilities
* Reviewing and authorizing Fund entities payments, part of the Fund's authorized signatories
* Participating in all aspects of new client onboarding including coordination of opening of new bank accounts, dealing with lawyers, understanding legal documents, conducting investor and Fund KYC and supervising the data migration process for existing Fund take on
* Assessing/planning the volume/level of work against timelines and disseminating daily workflows to other team members
* Conducting 1st or 2nd interviews for Associates/Senior Associates
* Undertake general administration and other special projects as assigned by the Director/MD
The Requirements:
* Minimum Degree in Accountancy (CPA/ACCA/ACA), Finance or equivalent
* At least 3 years of experience in Fund Accounting experience
* Solid understanding of operational functions including Fund Structures, Fund Accounting, Equalizations, Calls/Distributions and Waterfall models
* Sound knowledge of Singapore FRS/IFRS and US GAAP
* Strong working knowledge of EXCEL and MS Word
Disclaimer: The Company complies with the Tripartite Guidelines on Fair Employment Practices (TGFEP), including the prevailing guidelines on recruitment. All qualified applicants will be considered for the position regardless of their age, race, religion, nationality, marital status, or family responsibilities. A more detailed discussion of the TGFEP is available on the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) website at https://www.tal.sg/tafep