Job Openings Fund Accountant

About the job Fund Accountant

Under the direction of the reporting lines, the fund accountant will perform accounting function for client entities, paying particular attention to agreements, contracts and other documents signed by an entity.

Key Responsibilities:

  • Assist in liaising with the appointed auditors to complete the audit of financial statements;
  • Statutory Return: Prepare and submit all statutory returns as and when they fall due (quarterly computations & filing; upload returns on MNS and arrange for electronic filing; Quarterly filing of CIS managers/corporate & APS tax filing etc.);
  • Filing within prescribed deadline: File audited financial statements& financial summaries with FSC,ROC or MRA where applicable; required filings with MRA PAYE/VAT/NPS/TDS, filings with BOM;
  • Provide assistance to other members of the Team.
  • Fund Administration duties including but not limited to corporate secretarial functions, the preparation of meetings, drafting of minutes/resolutions, instructing payments, undertaking regulators periodic risk reviews;
  • Responsible for a portfolio of clients and acting as the direct point of contact;
  • Ensure all transactions pertaining to the management of the clients affairs are executed timely and efficiently;
  • Conduct closings for closed-end funds / admittance of investors and undertaking customer due diligence;
  • Prepare capital calls / drawdown notices and having same approved by the Board / GP;
  • Ensure that drawdown trackers are properly maintained and share registers are up to date;
  • Prepare written resolutions for the approval of transactions (including investments / restructuring / disposal of investment etc.);
  • Prepare Board packs including arranging and attending Board meetings when required (preparation of minutes and follow up on matters arising);
  • Prepare / process and review monthly and ad-hoc payment instructions both manually and on internet banking;
  • Co-ordinate and resolve all fund-related issues;
  • Attend to client queries in a timely manner with a high service standard ensuring ownership through to completion;
  • Provide a high standard of customer service to clients;
  • Proactively resolve clients issues and escalating as required;
  • Maintaining proper and complete file for each client physical as well as on the DMS;
  • Ensuring that the required information are uploaded and updated on the relevant internal systems in place;
  • Dealing with enquiries by email and by telephone, supplying information relating to funds portfolios;
  • Ensure KYC on new investors/directors;
  • Processing payment instructions;
  • Ensure compliance with anti-money laundering procedures;
  • Daily and effective input on time sheet or any time management system;
  • Attend client meetings with Manager as and when required;
  • Ensure compliance with internal systems, procedures and processes;
  • Input data on a specialist funds software (E-Front or any other which may be in place from time to time) and accounting software (Pastel) and make optimum use of the software as and when/where required;
  • Any other cognate duties that may from time to time be required which are appropriate to the role and business requirements.

Key Requirements:

  • Degree in Accounting/Finance or either ACCA/ICSA qualified or partly completed;
  • 2 3 years of working experience in a similar position in a Management Company;
  • Comprehensive knowledge and understanding of;
    • legal & regulatory framework, finance principles and reporting; Company Secretarial duties and Board matters;
    • IFRS

Key Skills:

  • Good analytical and problem solving skills;
  • Proficient in Ms. Excel, Word, PowerPoint & Outlook;
  • Excellent written and verbal communication skills - ability to draft effective communications (emails, letters, memos, instructions) with good grammar, spelling & proofreading skills;
  • Strong organizational and multi-tasking skills;
  • Ability to work in a fast moving, demanding, high-pressure environment;
  • A high level of accuracy and attention to detail;
  • Highly motivated with the ability to work well as an individual and from their own initiative as well as being able to work in a team environment;
  • Ability to maintain high level of confidentiality;
  • Computer Literate: Ms. Office Word, Excel, PowerPoint & Outlook.
  • Is autonomous, self-disciplined and can productively work remotely;
  • Can operate in a fast moving, demanding and high-pressure environment