Fund Accountant

### Job Responsibilities **Fund Valuation & Pricing:** - Calculate daily Net Asset Value (NAV) for investment funds, ensuring accuracy in asset and liability valuations. - Verify securities pricing using market data, third-party pricing services, or internal models. - Perform valuations for complex financial instruments, including derivatives, private equity, and foreign currency instruments, adhering to fair value methodologies. **Financial Reporting & Compliance:** - Prepare monthly, quarterly, and annual financial reports for clients, management, and regulatory bodies. - Ensure compliance with industry regulations and accounting standards (e.g., MFRS, IFRS). - Prepare and distribute tax-related documents, such as tax vouchers, in compliance with local tax regulations. - Support external auditors by providing documentation and reconciliations for annual audits. **Cash Management & Reconciliation:** - Reconcile fund cash positions against bank statements and custodial records. - Monitor fund liquidity to support capital calls, distributions, and payment of management fees. - Perform intercompany reconciliations for related entities, such as feeder and master funds. **Transaction Processing & Journal Entries:** - Capture and settle trades accurately, including placements, equity, fixed income, and derivatives transactions. - Create and post journal entries for fund transactions, accruals, management fees, and other expenses. - Manage accruals for fund expenses, including performance fees, fund accounting fees, and administrative costs. **Investor Services & Client Reporting:** - Process capital calls and distributions for investors. - Prepare investor statements detailing holdings, performance, and transactions. - Provide performance attribution reports and benchmark calculations for clients. **Risk Management & Internal Controls:** - Implement controls to ensure accuracy in the valuation process and mitigate errors. - Conduct internal audits and maintain procedures to prevent fraud or misstatements. - Identify and mitigate financial risks, including liquidity, credit, and market risks. ### Requirements **Knowledge:** - Extensive knowledge of accounting standards (MFRS, IFRS) and asset management regulatory requirements. - Familiarity with local regulations like Securities Commission guidelines, tax compliance for investment funds, income distribution processes, and investor reporting duties. **Skills:** - Strong attention to detail, analytical problem-solving, and effective communication skills. - Ability to thrive under pressure, meet tight deadlines, and manage multiple priorities. - Ability to foster collaboration with internal teams (Finance, Investment Operations, Customer Service) and external partners (bankers, custodians, auditors). **Experiences:** - Minimum of 2-4 years of experience in fund accounting or related roles within asset management or financial services. - Expertise in NAV calculations, securities pricing, financial reporting, and auditing processes. **Education:** - Bachelor’s degree in Accounting, Finance, or a related field. - Professional certifications such as CPA, ACCA, CIMA or CFA are highly desirable.