Fund Accountant

You will be responsible for the fund administration of private equity funds, including capital event processing, Net Asset Value (“NAV”) determination, assisting with the preparation of financial statements, liaising with clients as well as assisting with systems development and other ad hoc projects as required. In addition, other responsibilities will include client relationship management, new business integration, as well as meeting the tight reporting deadlines and demanding obligations of our clients. Must be CA or CPA qualfied resident in in Shanghai or a Chinese Citizen

Essential Functions

NAV Determination

•   Calculate the NAV for a portfolio of private equity funds on a quarterly basis
•   Track all cash transactions whether portfolio related, capital transactions, or from non-portfolio and other income/expense items
•   Calculate recurring fees as set out in various agreements (i.e. administration fee agreements)
•   Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations and the allocation of feeder specific income and expenses
•   Prepare quarterly investor-level capital account statements

Capital Events

•   Process capital calls and distributions on an ad hoc basis
•   Produce individual investor notices

Other Responsibilities

•   Prepare monthly, quarterly and annual financial reports
•   Assist in the preparation and review of fund audited financial statements
•   Liaise with the fund’s auditors at year end and interim periods to ensure sufficient information is provided to facilitate the timely completion of controls testing and substantive work to the auditors’ satisfaction
•   Complete audit confirmation requests
•   Understand fund agreements to determine impact on financial reporting
•   Performance of general administration relating to private equity funds
•   Participate in special projects

Education, Experience & Qualifications

•   A university graduate with a professional accounting qualification (CA, CPA )
•   experience working in fund administration or audit, specifically with exposure to financial markets/institutions, private debt funds, hedge funds or private equity vehicles
•   Technical knowledge of alternative investments, fund accounting and the preparation of financial statements
•   A sound working knowledge of all Windows applications
•   Self-driven attitude and a strong work ethic
•   Demonstrate a keen attention to detail
•   Experience in relationship management and client service
•   Excellent time management, organizational and prioritization skills
•   Strong communication skills, both verbal and written
•   Keen to work in a sociable and people facing environment