MUFG Investor Services

Supports investment funds with asset servicing

Fund Accounting Senior Associate - Private Equity

Financial AccountingConfirmed live in the last 24 hours

Full-timeSingaporeNo salary listedHybrid

About the Job

Requirements

A university degree in Finance, Accounting, or another relevant field, or a qualified accountant or other relevant qualification, is preferred.
At least four years of progressive accounting, audit, or fund administration experience in the private credit or private equity industry is preferred.
Strong accounting knowledge, especially in management and performance fee calculations, foreign-exchange translation, profit and loss, and balance sheets.
Knowledge of IFRS, US GAAP, and Singapore GAAP.
Strong computer skills, including Microsoft Office; proficiency in Microsoft Excel is particularly valuable.
Good written and verbal communication skills, including experience liaising with external parties.
Ability to work in a fast-paced environment and multitask.

Responsibilities

Provide fund accounting services to private equity clients, including net asset value preparation, accruals, investment valuation, and cash reconciliations.
Prepare fee schedules, including management fee and waterfall calculations, in accordance with applicable fund documents.
Prepare investor allocations for each net asset value cycle, ensuring capital transactions are booked correctly and profit and loss is allocated correctly.
Prepare net asset value packages and other ad hoc deliverables defined in service-level agreements.
Calculate and allocate capital calls and distributions.
Communicate with internal teams and external clients to meet deliverables and requests.
Resolve client issues and queries in a timely manner and maintain client satisfaction.
Identify opportunities to improve internal processes and operational efficiency.
Perform other duties assigned and incidental to the described work.

Desired Qualifications

Knowledge of Investran accounting software.

Job Description

Reporting to the Associate Director, this is a unique opportunity to join a dynamic, fast-growing company in Financial Services.

Job description

Provide a full range of fund accounting services to private equity clients, including NAV preparation, accruals, Investment valuation, cash reconciliations.
Provide a full range of fund accounting services to private equity clients, including NAV preparation, accruals, Investment valuation, cash reconciliations.
Prepare fee schedules including calculation of management fee and waterfall, ensuring all calculations observe applicable fund documents.
Prepare Investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly.
Prepare NAV packages and other ad hoc deliverables as defined in the service level agreements.
Prepare capital call, distribution calculation and allocation.
Communicate with internal MUFG teams and external clients, ensuring all deliverables and requests are met.
Resolve issues/queries raised clients in a timely manner and maintain a high level of client satisfaction
Identify and highlight opportunities for internal process improvement and increase in operational efficiency
Perform other duties as assigned and incidental to the work described above

Qualifications

Hold a university degree in Finance/ Accounting, qualified accountant or other relevant qualification preferred
Have a minimum of 4 years progressive accounting/ audit/ fund administration experience in private credit or private equity industry preferred.
Strong accounting knowledge - especially in management and performance fees calculation, FX translation, profit and lost, and balance sheet.
Good knowledge in in IFRS, US GAAP and Singapore GAAP.
Strong computer skills with strength in Microsoft Office products and willing to embrace new technologies for efficient solution. Proficiency with Microsoft Excel is particularly asset.
Knowledge of Investran accounting software would be an advantage.
Good written and verbal communication skills and experience liaising with external parties.
Ability to work in fast paced environment and multi-tasking.
Experience with Investran accounting software would be an advantage.

Additional Information

Experience something Brilliantly Different with a career with MUFG Investor Services.  

Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group family, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking, and fund financing.

We’re in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.

Still interested?

About the Company

MUFG Investor Services

Supports investment funds with asset servicing

MUFG Investor Services provides asset servicing and operational support to investment managers, institutional investors and asset owners. Its services include fund administration, middle-office outsourcing, investor recordkeeping, custody, banking and financing for alternative and traditional investment funds. Teams support financial reporting, portfolio operations, regulatory filings and fund transactions, while technology specialists maintain the systems used to process and monitor investment data. The business also advises clients on operating models and technology improvements. Launched in 2013, MUFG Investor Services is headquartered in George Town, Cayman Islands.

Company size: 1,001-5,000
Company stage: Not listed
Total funding: Not listed
Headquarters: George Town, Cayman Islands
Founded: 2013

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