The Senior Fund Accountant will be responsible for managing and performing all accounting, reporting, and regulatory duties for a portfolio of Private Equity and Open-Ended Fund clients, ensuring accuracy, compliance, and timely delivery.
Responsibilities
- Act as primary point of contact for client queries relating to accounting and financial reporting matters across assigned portfolio.
- Liaise with regulators and service providers, including FSC, MRA, ROC, banks, auditors, custodians, and administrators.
- Ensure high levels of client satisfaction through timely and accurate service delivery.
- Prepare periodic NAV calculations (for open-ended funds) and investor reporting packs.
- Prepare capital calls, distributions, and equalisation calculations in line with constitutive documents (for private equity funds).
- Maintain accurate general ledgers and accounting records for all entities within the portfolio.
- Prepare cash, security, and bank reconciliations on a regular basis.
- Ensure proper accounting treatment of complex transactions including investments, fair value adjustments, and expenses.
- Prepare interim accounts and annual statutory financial statements (including consolidation where required) in accordance with IFRS.
- Coordinate with auditors, ensuring timely completion of audits and addressing audit queries efficiently.
- Assist in the preparation of management reports and performance analysis where required.
- Ensure timely filing of financial statements with relevant authorities in accordance with statutory requirements.
- Prepare and file quarterly and annual tax returns, including Corporate Tax, VAT, and TDS.
- Liaise with the MRA on tax assessments, queries, and ad hoc tax matters.
- Attend to surveys, regulatory filings, and information requests from authorities including FSC and MRA.
- Prepare and maintain accounting schedules and supporting documentation files.
- Process and review payment instructions in accordance with internal controls and validation procedures.
- Support the Fund Administration team on accounting-related matters.
- Ensure timely update of internal compliance reports and escalate any breaches to the Head of Department.
- Accurately record time spent on client engagements to support billing and internal reporting requirements.
- Carry out any other accounting, reporting, or operational duties as may be assigned by the Reporting lines.
Requirements
- Applicants should have at least a degree in Accounting field or partly ACCA qualified.
- At least 5 years of experience in the Global Business sector/ financial services or related fields.
- A high level of accuracy and attention to detail.
- Excellent written and verbal communication skills.
- Sound accounting knowledge.
- Ability to work within tight reporting deadlines.
- Proactive, motivated, team player and flexible.
- Well-versed in Microsoft Office tools and experience in Fund Accounting software will be an advantage.
