As a Fund  Servicing Analyst within the Fund Accounting Team you will provide a range of services to institutional asset managers based around the Asian region. The Fund Accountant (FA) is responsible for the day-to-day production, validation & delivery of Financial Statements of Accounts & Net Asset Value (NAV) calculations for a group of funds (mutual, insurance, pension, hedge fund etc.). A broad knowledge of fund accounting is required as the FA takes ownership for the accuracy of all accounting and investment components of the financial statements.

 

Job Responsibilities: 

Maintain accurate accounting and securities records for each fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, security trading, income & expense processing etc.). Problem investigation & resolution where accounting or securities transactions are seen to breach the validation tolerances of the JP Morgan system. Timeliness of NAV production, accounting validation and management escalation, in the event of issues, is essential to the success of the individual’s and team’s performance. Provide training to new hires.   Ensure adherence of operational procedures to complete task in an accurate and timely manner.  Support the Process Managers in the objective to provide top quality operations in support of this global business.  Document procedures and identify requirements for additional controls.

 

Key Accountabilities:

Prepare file in accordance with internal control checklist for items applicable to that particular portfolio. Keep adequate documentation on file to fully explain and support all items, particularly those, which would be deemed unusual, eg.   Past due dividends, larger than usual price movements (when comparing against assets in the same industry class), large gains and losses in FFX's, large div yield, trade cost per unit vs. ending price comparison and overall benchmarking discrepancies. Complete accurate and legible files within deadlines set by Managers in order to fulfill production requirements Ensure documentation is completed and signed off as per requirements The reconciliation of capital flows where appropriate. Reconcile third party and internally traded forward foreign exchange contracts to their portfolios. The utilization of the WINS-INVEST ONE/GTI/Titan systems to adequately research and resolve issues on portfolios. Analyses of fund performance to ensure final valuations are accurate Assist in the preparation on all ad hoc enquires from clients; this includes both internal and external clients (although emphasis is inter-department communication). Demonstrate sufficient technical knowledge of various investment instruments and markets (stock exchanges) and their effect on the portfolio's valuation. Be able to understand the principles of infrastructure securities, non-listed securities such as mutual funds and their differing pricing methodologies during the cum & ex-cum periods and how to interpret third party information where required. Should gain knowledge of the client's structure i.e. its and various types of portfolio's, their deliverables, and some of their specific requirements.

 

Required qualifications, capabilities and skills:

Good understanding of security types and their accounting treatment Awareness of stock market practices & data vendor systems (e.g. Bloomberg) Knowledge of the processes of a fund’s Custodian Bank and Investment Manager

Preferred qualifications, capabilities and skills:

4 years or more in Banking / Financial services industry or with accounting firm. Experience in an automated processing environment and with people relationship building and collaboration skills Committed approach with the ability to communicate effectively within a small team Flexibility - support department projects and work overtime during peak production periods