Alternative Ops Fund Accounting, Associate 2

Associate 2 Fund Accountant

Associate 2 Fund Accountant will be responsible for assisting with the completion of accurate and timely reconciliations integral to the completion of the Net Asset Value (NAV) of a fund. This involves adherence to strict deadlines while supervising and contributing to the development of the team.

The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

As Fund Accountant Associate 2 you will:

• Bookkeeping - Book journal entries for cash and non-cash related transactions on monthly/ quarterly basis.
• Cash management - Complete bank reconciliation to ensure the correct cash balance.
• Prepare monthly/ quarterly/ annually accounting package, including TB/ Financial Statements/ PCAPs/ calculation, etc.
• Work on calculation, such as capital call/ distribution allocation, management fee calculation, IRR, Waterfall and etc.
• Process LP services, such as questionnaire for investors, deal slip, audit confirmation and LP specific reports, etc.
• Efficiently communicate/ discuss with home site on issues, problems, timeline, work allocation, etc.
• Flexibly/ properly arrange the work to improve the work efficiency and ensure the deliverables;
• Maintain positive working relations with home site, and drive supportive and collaborative culture to the team;

This position is a unique opportunity for a suitable candidate to gain exposure to large multi-class, multi-manager, multi-currency portfolios that invest in a variety of instruments including derivatives and as a result, the pricing of these positions, reconciliations, corporate actions and dividends.

Education & Preferred Qualifications:

• Degree in Accounting, Finance or Economics related field; accounting background is preferred;
• 1-2 years' work experience in accounting related experience is preferred;
• Familiar with accounting system is preferred;
• Confident in reviewing work is preferred;
• Detail-oriented, logical thinking, strong learning ability, sense of responsibility and team work are required;
• Strong time management skills with the ability to priorities under pressure; adapt to work under given timeline; confident to work in English environment and communicate in English;
• Good interpersonal skill and team spirit; effective communication, organizational and negotiation skills;
• Self-motivated, creative and efficient in finding solutions to complex, time-critical problems and strong analytical ability.