Fund Accountant

Kuala Lumpur - Malaysia

Monthly Salary: Not Disclosed

Experience Required: 4-5years

Posted on: 12 hours ago

Vacancies: 1 Vacancy

Job Summary

500 Global is a venture capital firm with $2.2B in assets under management that invests in founders building fast-growing technology companies. We focus on markets where technology innovation and capital can unlock long-term value and drive growth. The Fund Accountant supports the Fund Controllers and broader Fund Accounting team in all aspects of fund operations financial reporting and investor servicing. This role is responsible for day-to-day accounting transaction processing and assisting with quarter-end and year-end reporting cycles across multiple fund structures. The Fund Accountant will collaborate cross-functionally with internal teams and external partners to ensure accurate timely and compliant financial information.

This is a work from home role.

Essential Functions

Record and reconcile fund transactions including cash activity investment activity accruals and valuations within the fund accounting system.
Prepare and review investor capital call and distribution notices.
Assist with quarterly and annual financial statement preparation in accordance with U.S. GAAP and fund agreements.
Support external auditors and tax advisors by preparing schedules responding to requests and resolving open items.
Prepare and review management fee carried interest and expense allocations in line with partnership agreements.
Interpret limited partnership agreements to ensure accounting treatments fee calculations and investor allocations are in compliance.
Maintain organized documentation and contribute to process improvements within fund accounting workflows.
Prepare cash reconciliations for fund entities and forecast projected fees and expenses.
Perform ad hoc analysis and other duties as assigned.

Requirements

Minimum Qualifications

Bachelors degree in Accounting or related field.
2 years of accounting experience.
Proficiency in Microsoft Excel and working knowledge of other MS Office applications.
Solid understanding of U.S. GAAP principles.
Strong analytical and problem-solving skills.
Self-starter who takes ownership and follows through on tasks.
Collaborative team player who can also work independently with minimal supervision.

Preferred Qualifications

Experience in the investment management industry fund administration or public accounting (PE VC hedge funds).
Familiarity with fund accounting systems such as Allvue / AltaReturn.
Experience preparing or reviewing management fees carried interest and investor allocations.
Strong organizational skills with the ability to manage multiple priorities and meet tight deadlines.
Comfort operating in a dynamic fast-paced and global environment.
Experience working with distributed or remote teams.

This is a work from home role.

Essential Functions

Record and reconcile fund transactions including cash activity investment activity accruals and valuations within the fund accounting system.
Prepare and review investor capital call and distribution notices.
Assist with quarterly and annual financial statement preparation in accordance with U.S. GAAP and fund agreements.
Support external auditors and tax advisors by preparing schedules responding to requests and resolving open items.
Prepare and review management fee carried interest and expense allocations in line with partnership agreements.
Interpret limited partnership agreements to ensure accounting treatments fee calculations and investor allocations are in compliance.
Maintain organized documentation and contribute to process improvements within fund accounting workflows.
Prepare cash reconciliations for fund entities and forecast projected fees and expenses.
Perform ad hoc analysis and other duties as assigned.

Requirements

Minimum Qualifications

Bachelors degree in Accounting or related field.
2 years of accounting experience.
Proficiency in Microsoft Excel and working knowledge of other MS Office applications.
Solid understanding of U.S. GAAP principles.
Strong analytical and problem-solving skills.
Self-starter who takes ownership and follows through on tasks.
Collaborative team player who can also work independently with minimal supervision.

Preferred Qualifications

Experience in the investment management industry fund administration or public accounting (PE VC hedge funds).
Familiarity with fund accounting systems such as Allvue / AltaReturn.
Experience preparing or reviewing management fees carried interest and investor allocations.
Strong organizational skills with the ability to manage multiple priorities and meet tight deadlines.
Comfort operating in a dynamic fast-paced and global environment.
Experience working with distributed or remote teams.