Associate / Senior Associate - Hedge Funds, Fund Accounting at Ss&C Globeop Financial Services

Job Description:

Latest job information from Ss&C Globeop Financial Services for the position of Associate / Senior Associate - Hedge Funds, Fund Accounting. If the Associate / Senior Associate - Hedge Funds, Fund Accounting vacancy in Singapore matches your qualifications, please submit your latest application or CV directly through the updated Jobkos job portal.

Please note that applying for a job may not always be easy, as new candidates must meet certain qualifications and requirements set by the company. We hope the career opportunity at Ss&C Globeop Financial Services for the position of Associate / Senior Associate - Hedge Funds, Fund Accounting below matches your qualifications.

Associate/Senior Associate, Hedge Funds

Locations : Singapore | Hybrid

Get To Know Us:

SS&C GlobeOp is a leading provider of cloud-based fund services, technology and mobility-enabled infrastructure for hedge funds, fund of funds, private equity, and managed accounts

With a base of fund strategies that include fixed income, volatility and active trading, we offer: Middle office, accounting and management products

• Tax services for hedge funds, fund of funds and private equity funds
• Derivatives processing, valuations agent, syndicated bank loans processing
• Regulatory and analytics services
• Managed services IT/data center and business process outsourcing
• All available on a stand-alone basis to institutional clients

Why You Will Love It Here!

• Flexibility: Hybrid Work Model and Business Casual Dress Code, including jeans, Centralized location – 2 minutes' walk from Raffles Place MRT
• Work/Life Balance: Flexible Personal/Vacation Time Off, Sick Leave, Paid Holidays
• Your Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental Leave and Well-Stocked Pantry
• Diversity & Inclusion: Committed to Welcoming, Celebrating and Thriving on Diversity
• Training: Hands-On, Team-Customized, including SS&C University
• Education: Paid further education opportunities for employees who are eligible
• Extra Perks: Bonus Scheme, SS&C Stock(s) Allocation for employees who are eligible

What You Will Get To Do:

Job Description Summary

Responsible for the accounting and valuation for complex investments, which may include complex derivative, fixed income, and international financial products. Intermediate professional working on projects of a moderate scope or on varied tasks that require resourcefulness, self-initiative, and significant independent judgement. Demonstrates a developing functional knowledge to evaluate the implications of issues and make recommendations for solutions. Guides less experienced team members. May recommend new procedures. Minimally requires a Master's degree, or Bachelor's degree and 2 years of related experience, or high school degree and 4 years of related experience.

Job Description

The Fund Accountant is responsible for managing the accounting books of an assigned fund. Also ensuring that the balance sheet and profit and loss account are accurately reported on a timely basis within tight deadlines, and makes certain strong internal controls are maintained in accordance with financial policies.

Principle Accountabilities:

Daily Accounting

• Handle accounting for assigned moderate to complex funds, including review of daily price control checks, P&L reasonableness, inter system reconciliations, ensuring that reconciling items are investigated and resolved, or escalated in a timely manner.

• Ensure controls are in place and accounts are accurate on a daily basis, providing clear and accurate management information to support decision-making.

Month End Tasks

• Fully reconcile the month end trial balance to independent support for the assigned moderate to complex funds.

• Prepare month end balance sheet reconciliation ('ME pack') fully supported with source documentation.

• Provide insightful commentary for balance sheet and P&L movements.

• Ensure balance sheet is reported in accordance with relevant accounting standards, Investment Company Audit Guide and accounting policies as appropriate.

• Prepare and review partner capital statements

• Prepare and review limited partner and general partner allocations

• Prepare and review trial balances and supporting work papers

• Review capital activity that pertains to the funds including capital calls, distributions, and transfers

• Prepare and review fee calculations including (but not limited to) management fees, admin fees, waterfall clawback, and carried interest calculations

Price Products

• Daily and monthly product pricing for assigned funds.

• Understanding the pricing methodology and valuation models for applicable products in sufficient detail to be able to ensure absolute accuracy.

Other responsibilities

• Prepare yearend audit financial statements and audit packs

• Answer ad hoc questions from various groups including auditors (internal and external), and the global peer group.

• Work with portfolio manager and traders for the assigned fund to improve knowledge of financial products and trading strategies.

• Work with team members in Operations, Investor Services function as necessary.

What You Will Bring:

• University degree in finance/accounting or commensurate experience
• 2+ years of relevant experience in the financial industry
• Strong analytical skills and business acumen
• Strong organizational skills and attention to detail
• Strong verbal and written communication skills
• Strong dispute resolution and effective problem solving skills
• Proven team work skills; able to recognize where you can help the team complete all daily and monthly tasks.
• Demonstrated customer service and continuous improvement focus
• Knowledge of US GAAP and IFRS
• Experience in audit and Financial statements preparation desired
• Audit/Control Minded
• Ability to work in changing, fast-paced work environment
• Experience with hedge fund accounting
• Knowledge of the investor accounting and reporting process for private equity funds including (but not limited to) capital calls, transfers, distributions, rebalancing, waterfall calculations, clawbacks, carried interest, management fees, side pockets, special allocations, opt in/out, hurdle and catch-up rates, and IRR calculations
• Familiar with alternative investment fund structures including (but not limited to) master/feeder, stand alone, fund of funds, and share based/capital accounts
• Experience with Advent Geneva preferred

Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

Job Info:

• Company: Ss&C Globeop Financial Services
• Position: Associate / Senior Associate - Hedge Funds, Fund Accounting
• Work Location: Singapore
• Country: SG

How to Submit an Application:

After reading and understanding the criteria and minimum qualification requirements explained in the job information Associate / Senior Associate - Hedge Funds, Fund Accounting at the office Singapore above, immediately complete the job application files such as a job application letter, CV, photocopy of diploma, transcript, and other supplements as explained above. Submit via the Next Page link below.