Responsibilities:
- Responsible for the accounting and administration of trusts and funds focused on investments such as private equity, SPVs, real estate, venture capital and other alternative assets.
- Handle and support the trust and fund administration service line including, but not limited to, production of investor reports, financial statements, NAV calculations, monthly and quarterly reconciliations etc
- Implement fund structures onto the accounting system.
- Be involved in all aspects of new client onboarding including coordination of opening of new bank accounts, drafting of fund agreement and conducting investor and fund KYC etc.
- Prepare capital account statements, capital call and distribution notices, waterfall and equalisation calculators and fund performance indicators etc.
- Manage the treasury/cash management function of the funds and perform bank reconciliations.
- Liaise with clients, regulators and agencies, external service providers and banks to ensure service delivery standards are met.
- Assist in client service matters, maintain and build client relationships.
- Ensure regular review, update and execution of internal policies and procedures related to trust and fund administration.
- Any other-hoc tasks assigned by management.
Requirements:
- At least 5 years of experience in fund accounting
- Bachelor's Degree in Accounting, Finance or any related discipline or professional qualification.
- Good understanding of operational functions including fund structures, fund accounting, equalizations, calls/distributions, waterfall models and fund performance indicators
- Effective client-handling and people management skills
- Good communication skills
- Analytical, meticulous and systematic in approach in handling work
- Able to meet deadlines, work under pressure and multi-task
- Self-motivated, diligent, positive working attitude and strong desire to learn
