Fund Accountant

4 Months 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

McDonald's Corporation - Supervisor, Business Analysis

McDonald's Corporation

Chicago, Illinois, United States (On-Site)
3 Weeks ago
Riot Games - Principal Game Producer

Riot Games

Shanghai, China (On-Site)
1 Day ago
Virtuos - PMO Producer

Virtuos

Ukraine (Hybrid)
1 Week ago
Riot Games - Senior Game Producer, League of Legends - Cosmetics

Riot Games

Los Angeles, California, United States (On-Site)
1 Month ago
Ubisoft - Associate Director, Financial Planning HQ

Ubisoft

Paris, Île-de-France, France (On-Site)
1 Month ago
AGBO - Senior Director, Financial Planning & Analysis

AGBO

Los Angeles, California, United States (On-Site)
7 Months ago
GoTo Group - Auto Dialer System Admin

GoTo Group

Jakarta, Jakarta, Indonesia (On-Site)
6 Months ago
The Walt Disney Company - Management Control Intern - Disney Consumer Products - Licensing

The Walt Disney Company

Paris, Île-de-France, France (On-Site)
1 Month ago
PwC - (Senior) Manager Digital Transformation

PwC

Amsterdam, North Holland, Netherlands (Hybrid)
7 Months ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

PlayStation Global - Senior Producer

PlayStation Global

Guildford, England, United Kingdom (On-Site)
1 Month ago
Luxoft - Senior QA Analyst - AML & FinCrime

Luxoft

Chennai, Tamil Nadu, India (On-Site)
5 Months ago
Hawk Eye Innovations - Delivery Manager

Hawk Eye Innovations

London, England, United Kingdom (On-Site)
1 Month ago
PwC - IN-Manager_D365 Azure Integration Developer_MS Dynamics– Advisory  - Kolkata

PwC

Kolkata, West Bengal, India (On-Site)
6 Months ago
Nagarro - Associate Principal Engineer - Project Manager

Nagarro

Colombia (Remote)
2 Weeks ago
Lionsgate Games - VP, IT Sales, Rights and Distribution Systems

Lionsgate Games

Santa Monica, California, United States (On-Site)
2 Weeks ago
Rackspace Technology - Program Manager - Modern Data Platform Implementation

Rackspace Technology

Gurugram, Haryana, India (Remote)
1 Month ago
QS Quacquarelli Symonds - Senior BI Analyst

QS Quacquarelli Symonds

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (Hybrid)
2 Weeks ago
Tala - Project Specialist

Tala

Manila, Metro Manila, Philippines (Hybrid)
11 Months ago
Passive Logic - Technical Engineering Program Manager

Passive Logic

Salt Lake City, Utah, United States (On-Site)
6 Months ago

Get notifed when new similar jobs are uploaded

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

PwC - Senior Associate - Risk Performance, Governance and Controls (RPGC)

PwC

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
6 Months ago
OKX - Specialist, Customer Service (API Support)

OKX

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
7 Hours ago
NinjaVan - Region Sales Head (Northern Region)

NinjaVan

Penang, Malaysia (On-Site)
6 Months ago
HP - Manufacturing Development Engineer

HP

George Town, Penang, Malaysia (On-Site)
7 Months ago
London stock Exchange - Research Intern (Vietnamese)

London stock Exchange

Penang, Malaysia (On-Site)
23 Hours ago
Axi - CX Training & Quality Assurance Specialist

Axi

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
20 Hours ago
PwC - Senior Data Engineer

PwC

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
7 Months ago
USE Insider - Customer Success Manager - Malaysia

USE Insider

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)
6 Months ago
Luxoft - Lead Java Developer (for Trading Application)

Luxoft

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (Remote)
4 Months ago
NinjaVan - Internship (IT)

NinjaVan

Subang Jaya, Selangor, Malaysia (On-Site)
6 Months ago

Get notifed when new similar jobs are uploaded

Finance Jobs

Ubisoft - Associate Director, Financial Planning HQ

Ubisoft

Paris, Île-de-France, France (On-Site)
1 Week ago
Canva - Senior Manager, Corporate FP&A

Canva

Los Angeles, California, United States (Remote)
3 Weeks ago
Booming games - Revenue Accountant

Booming games

Malta (Hybrid)
2 Weeks ago
Assystems - Internal Finance Auditor

Assystems

Gurugram, Haryana, India (On-Site)
6 Months ago
ION - Trader Support APAC - 10192

ION

Hong Kong (On-Site)
6 Months ago
Token Metrics - Financial Analyst Intern (Karachi-Remote)

Token Metrics

Karachi, Sindh, Pakistan (Remote)
6 Months ago
Warner Bros Games - Director, Procure to Pay (P2P)

Warner Bros Games

Hyderabad, Telangana, India (Hybrid)
1 Week ago
PwC - Senior Consultant - Technology Consulting - Financial Sector

PwC

Prague, Prague, Czechia (On-Site)
6 Months ago
PwC - Developing Senior Auditor - Financial Services

PwC

Bucharest, Bucharest, Romania (Hybrid)
1 Month ago
PwC - Associate, Data and Analytics Advisory

PwC

Pune, Maharashtra, India (On-Site)
1 Month 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.

Nicosia, Nicosia, Cyprus (On-Site)

Bangkok, Bangkok, Thailand (On-Site)

Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia (On-Site)

Mumbai, Maharashtra, India (On-Site)

Warsaw, Masovian Voivodeship, Poland (Hybrid)

Kolkata, West Bengal, India (On-Site)

Kolkata, West Bengal, India (On-Site)

Pune, Maharashtra, India (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