Fund Accountant

1 Month ago • 1-2 Years • Finance • Legal

Job Summary

Job Description

PwC seeks a Fund Accountant to onboard new clients, manage fund structures in accounting systems, and provide comprehensive accounting services for alternative investment funds. Responsibilities include NAV reporting, expense accruals, performance fee calculations, invoice processing, dividend accruals, drafting financial statements (IFRS), facilitating audits, and managing transfer agency services including shareholder registers, capital calculations, and AML compliance. The role requires strong accounting knowledge, experience in alternative investment fund administration, and proficiency in MS Excel. The successful candidate will be a self-starter, detail-oriented, and a strong team player.
Must have:
  • 1-2 years relevant experience
  • Alternative investment fund knowledge
  • IFRS accounting knowledge
  • MS Excel proficiency
  • NAV reporting
  • Financial statement preparation
Good to have:
  • Big 4 audit firm experience
  • Allvue/Investran/eFront knowledge
  • Mandarin proficiency

Job Details

Line of Service

Tax

Industry/Sector

Not Applicable

Specialism

General Tax Consulting

Management Level

Associate

Job Description & Summary

At PwC, our people in tax services focus on providing advice and guidance to clients on tax planning, compliance, and strategy. These individuals help businesses navigate complex tax regulations and optimise their tax positions.

Those in tax compliance at PwC will focus on validating clients' compliance with tax laws and regulations. You will review and analyse financial data, prepare and file tax returns, and assist businesses in meeting their tax obligations while minimising risks of non-compliance.

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 an 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.

Requirements

  • 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 (if blank, degree and/or field of study not specified)

Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date

Similar Jobs

Epic Games - Engineering Lead

Epic Games

Vancouver, British Columbia, Canada (On-Site)
4 Weeks ago
SSC Technologies - Sr Software QA Engineer

SSC Technologies

Toronto, Ontario, Canada (Hybrid)
3 Months ago
Blizzard Entertainment - Program Manager, B&OP

Blizzard Entertainment

Irvine, California, United States (On-Site)
4 Months ago
Microsoft - Producer

Microsoft

Redmond, Washington, United States (On-Site)
5 Months ago
Sporty Group - IN Project Manager

Sporty Group

India (Remote)
4 Months ago
PwC - Consultant expérimenté - Financial Services | CDI | H/F

PwC

Neuilly-sur-Seine, Île-de-France, France (On-Site)
3 Months ago
PwC - Corporate Finance Associate

PwC

Qormi, Malta (On-Site)
4 Months ago
PwC - Manager|Oracle fusion Technical|Oracle|Advisory|Kolkata

PwC

Kolkata, West Bengal, India (On-Site)
4 Months ago
The Walt Disney Company - Manager, Marketing Finance (DTC Finance Team)

The Walt Disney Company

New York, New York, United States (On-Site)
3 Weeks ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Bounteous - Product Manager, B2B

Bounteous

Bernards, New Jersey, United States (Hybrid)
3 Months ago
PlayStation Global - Senior Software Engineer in Test (Graphics/ML)

PlayStation Global

London, England, United Kingdom (On-Site)
2 Months ago
Riot Games - Senior Game Producer - Teamfight Tactics, Major Projects

Riot Games

Los Angeles, California, United States (On-Site)
2 Weeks ago
Logitech - Global eCommerce Business Engagement Lead

Logitech

United States (Remote)
1 Month ago
Passive Logic - Technical Project Manager

Passive Logic

Salt Lake City, Utah, United States (On-Site)
3 Months ago
Haleon - Product Manager Cross-Product Integration (Finance Systems)

Haleon

Bengaluru, Karnataka, India (Hybrid)
2 Months ago
Blizzard Entertainment - Program Manager, B&OP

Blizzard Entertainment

Irvine, California, United States (On-Site)
4 Months ago
The Walt Disney Company - Staff Support Analyst - Finance Systems

The Walt Disney Company

Burbank, California, United States (On-Site)
3 Weeks ago
Hogarth - Senior QA Tester

Hogarth

Hyderabad, Telangana, India (Hybrid)
3 Months ago
PwC - SAP-JVA - Senior Associate -Bangalore

PwC

Bengaluru, Karnataka, India (On-Site)
3 Months ago

Get notifed when new similar jobs are uploaded

Jobs in Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Conjointly - Research Operation Coordinator

Conjointly

Shah Alam, Selangor, Malaysia (Remote)
3 Months ago
PwC - Manager - RISQ (Risk, Independence, Solutions and Quality )

PwC

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
3 Months ago
NinjaVan - Senior Executive, Human Resources (Talent Acquisition)

NinjaVan

Subang Jaya, Selangor, Malaysia (On-Site)
3 Months ago
NinjaVan - Sales Operations Manager

NinjaVan

Subang Jaya, Selangor, Malaysia (On-Site)
3 Months ago
Xsolla - PHP Backend Developer

Xsolla

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (Hybrid)
2 Months ago
OKX - Manager, Community Management (Mandarin & English Support)

OKX

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
3 Months ago
Xsolla - PHP Backend Developer [Payments]

Xsolla

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
6 Months ago
Razer - Senior Data Scientist

Razer

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
4 Months ago
Luxoft - Senior ETL Developer

Luxoft

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
2 Months ago
ByteDance - IDC Quality Manager, Supply Chain Quality

ByteDance

Kulai, Johor, Malaysia (On-Site)
3 Months ago

Get notifed when new similar jobs are uploaded

Finance Jobs

PwC - Transfer Pricing Associate / Senior Associate

PwC

Zürich, Zurich, Switzerland (On-Site)
4 Months ago
Luxoft - Senior SAP Consultant

Luxoft

New Delhi, Delhi, India (Remote)
1 Month ago
Nintendo - Intern - Finance

Nintendo

Redmond, Washington, United States (On-Site)
3 Months ago
Luxoft - Murex FO Business Analyst

Luxoft

Mumbai, Maharashtra, India (On-Site)
2 Months ago
Nagarro - Principal Consultant, Finance

Nagarro

Cebu City, Central Visayas, Philippines (On-Site)
3 Months ago
PhonePe - Manager - Internal Audit

PhonePe

Bengaluru, Karnataka, India (On-Site)
2 Months ago
Lionsgate Games - Intern, Corporate Development (MBA)

Lionsgate Games

Santa Monica, California, United States (On-Site)
2 Weeks ago
PwC - Consultant Senior Corporate Treasury | CDI | H/F

PwC

Neuilly-sur-Seine, Île-de-France, France (On-Site)
2 Months ago
Paytm - Sales Team Lead - Dairy - Mangalore

Paytm

Karnataka, India (On-Site)
2 Months ago

Get notifed when new similar jobs are uploaded

About The Company

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.


Content on this page has been prepared for general information only and is not intended to be relied upon as accounting, tax or professional advice. Please reach out to your advisors for specific advice.

Gqeberha, Eastern Cape, South Africa (On-Site)

Athens, Greece (Remote)

Qormi, Malta (On-Site)

Detroit, Michigan, United States (Remote)

Kolkata, West Bengal, India (On-Site)

Olivos, Buenos Aires Province, Argentina (On-Site)

View All Jobs

Get notified when new jobs are added by PWC

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug