Associate Director, Private Equity Fund Accounting
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Job Location:
Monthly Salary:
Posted on:
13 hours ago
Vacancies:
1 Vacancy
Job Summary
Youll report to the Senior Associate Director Client Operations Fund Administration. Your responsibilities will include:
- Providing full-range fund accounting and administration services to private equity clients including NAV preparation and review custody servicing investor record-keeping and reporting.
- Managing a team of Fund Accountants in performing accounting and administration service delivery to customers and training staff on all aspects of the NAV process.
- Working with banks auditors brokers and custodians to ensure smooth service delivery to customers and completion of NAV.
- Reviewing and approving fee schedules including calculation of management and carried interest ensuring all calculations follow applicable fund documents.
- Reviewing and approving investor allocations for each NAV cycle waterfall calculation and reviews custody trading documents subscription and process capital calls and distributions wires ensuring execution as instructed by clients and deadlines are met.
- Working with both the internal AML team and administrators to ensure all AML requirements are met.
- Responding to all client queries.
- Reviewing and signing any schedules reports and files for review ensuring they are completed in compliance with organizational controls.
- Allocating resources to ensure that all work is carried out and Service Level Agreement is met.
- Approving payment of fund expenses in applicable banking systems ensuring controls are followed.
- Helping with the preparation and review of audited financial statements and annual audits.
- Reviewing reporting for regulatory authorities.
- Establishing fund or client-specific procedures covering all aspects of our services; ensuring cross-training and cover in place for all services provided to clients.
- Helping with the growth of the local office.
- Creating ideas for improving the NAV process technological improvements and client reporting.
- Participating in multiple system initiatives and projects
Qualifications :
- A university degree in Finance or Accounting.
- At least 5 years experience working in the fund administration industry with experience managing staff. This can include other administrators investment managers or fund auditors.
- In-depth understanding of Fund industry.
- 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.
- Strong knowledge in IFRS US GAAP and Singapore GAAP.
Preferred:
- Qualified accountant or other relevant qualification
- Good knowledge on private credit or loan products
- Experience with fund accounting software Geneva Investran or Yardi or working knowledge of Bloomberg would be beneficial
Additional Information :
At MUFG Investor Services we are exceptionally proud of our approach to Hybrid Working. It enables the flexibility to thrive from wherever our employees work and stay connected to their team and our culture. When we make Hybrid Working plans we get to know the individual and pride ourselves in underpinning all our decisions with fairness and consistency.
MUFG Investor Services provides all of its employees with an extremely attractive compensation addition to base salary there is a group medical insurance scheme group pension scheme reimbursement of professional subscriptions paid holidays and assistance towards gym memberships.
We thank all candidates for applying; however only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.
MUFG is an equal opportunity employer.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Program assessment
- FDA Regulations
- Manufacturing & Controls
- Program Evaluation
- budget forecast
- Research Experience
- Operations Management
- Research & Development
- Strategic Planning
- Contract Management
- Leadership Experience
- negotiation
About Company
Were more than just fund administration. Our offerings include a scope of solutions not historically provided by asset servicing companies. From fund financing to subscription lines of credit, securities lending, foreign exchange (FX) services, consulting services and beyond, we help ... View more
