Job Description

& Summary Due to the increasingly complex regulatory landscape, many clients choose to outsource their back office functions (i.e., fund administration) and reporting operations in order to focus their resources on their core portfolio management activities. Our Fund Office Support Services (FOSS) solution helps address growing requirements in sophistication and efficiency without loosening the compliance standards. You will be responsible for providing critical support to our clients by assisting them ranging from management of their fund administration to the one-stop-shop solution of a wide range of services, with the purpose of optimizing their wealth management strategies. This role offers the opportunity to deepen your expertise in fund operations, regulatory compliance, and financial reporting while gaining invaluable exposure to the intricacies of the Asset and Wealth Management industry. You will enjoy a stable yet flexible working environment with certainty in hours, and the ability to manage and control your own time. By joining our team and community, you will be a key player in enabling our clients to achieve their financial goals. Responsibilities: Responsible to onboard new clients and set-up new funds and fund structures into the accounting system in accordance to governing documents (i.e., PPM, LPA, etc). Responsible for providing quality accounting/bookkeeping and fund administration service for closed-ended/evergreen Alternative Investments Funds (Private equity/Venture Capital/Real Estate and Fund-of funds) including family offices (the \'Funds\'). Preparation of monthly/quarterly/semi-annual/annual/ Net Asset Value (the \'NAV\') reporting pack which includes: Trial balances and general ledgers Cash and investment portfolio reconciliation Expenses accruals (Fund-related expenses, Fund Administration fees, Management fees, etc) Calculation of (i) Performance fees: incentives fees, carried interests, and/or distribution waterfall and (ii) Clawback calculations, etc Invoice processing (including handling client\'s payments and receipts) Dividend and interest accruals Partners\' capital statements, management accounts and other deliverables (if required)-Knowing consolidation, a plus Drafting of financial statements and related International Financial Reporting Standards (\'IFRS\') disclosures in accordance with audit standards. Facilitate annual audits of the Funds and liaise with the auditors to ensure timely completion of audit. Assist senior fund accountants to take care of day-to-day operation of the funds which includes resolving accounting issues and client service matters. Transfer Agency Services Responsible for the maintenance of the shareholder/investor register Prepare capital call/distribution/redemption/conversion/share transfer calculations and process these in a timely manner Co-ordinate documentation for capital activities to ensure AML compliance alongside AML analyst Management of commitment agreements and subscription forms including monitoring of commitments, drawdowns, and uncalled commitments To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future. As a Senior Associate, you\'ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to: Use feedback and reflection to develop self awareness, personal strengths and address development areas. Delegate to others to provide stretch opportunities, coaching them to deliver results. Demonstrate critical thinking and the ability to bring order to unstructured problems. Use a broad range of tools and techniques to extract insights from current industry or sector trends. Review your work and that of others for quality, accuracy and relevance. Know how and when to use tools available for a given situation and can explain the reasons for this choice. Seek and embrace opportunities which give exposure to different situations, environments and perspectives. Use straightforward communication, in a structured way, when influencing and connecting with others. Able to read situations and modify behavior to build quality relationships. Uphold the firm\'s code of ethics and business conduct. Preferred skills You hold a Bachelor and/or master\'s degree in accounting or economics You have at least 1 to 2 years of relevant experience in alternative investment fund administration or any Big 4 audit firms You have knowledge and understanding of the asset, wealth and management fund industry landscape and operations (including valuation (in private companies, debts, etc), accounting and payment procedures) You have knowledge in accounting for investment products, ideally with fund-of- funds, single-manager funds, venture capital, real estate and private equity funds will be considered an asset Competent accounting knowledge in International Financial Reporting Standards (\'IFRS\') Professional, confident, and highly motivated self-starter, with an ability to handle multiple engagements/projects in a fast-paced environment with tight deadlines, positive attitude to learn and strong team player Possess strong values, personal integrity, and emotional intelligence Meticulous and attention to details, possessing an analytical and enquiring mind- set Possess team spirit, a capacity to build strong client relationships and take initiative to act without waiting for direction (when appropriate) Advanced level Microsoft (\'MS\') excel, proficient with MS Word, MS PowerPoint Knowledge and prior experience on Allvue/Investran/eFront, a plus Good verbal and written communication skill in English. Additional proficiency in Mandarin will be an advantage. Education Degrees/Field of Study required: Degrees/Field of Study preferred: Certifications Required Skills Optional Skills Desired Languages Travel Requirements Not Specified Available for Work Visa Sponsorship No Government Clearance Required No

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