Associate/Manager, Alternative Operations (12-month contract)

at  Fullerton Fund Management Company

ROLE SUMMARY

The role will report to Head of Operations.

EDUCATION QUALIFICATION

• Degree in Accountancy, Finance, Business or a related field

EXPERIENCE AND SKILLS

• 1 to 3 years’ experience in PE fund administration and fund accounting. Fresh graduate in Accountancy who are motivated and keen learner are welcome to apply.
• Basic knowledge and understanding of PE terminologies (such as in limited partnership agreements) and performance calculations.
• Collaborative and open-minded, with a strong ability to work effectively in a team.
• Detail-oriented with strong organizational skills and a systematic approach, with the ability to follow up closely on matters.
• Positive attitude, able to achieve delivery targets within tight timeline and work under pressure.
• Proficient in Microsoft Office, advanced skills in Excel or any programming languages, fast learner in new systems and applications.
• Proficient in writing grammatically correct English.
• Good communication skills, able to effectively articulate and engage in discussions and conversation with stakeholders across different levels.

KEY DUTIES AND RESPONSIBILITIES

• Actively participate in the day-to-day operations of the Private Equity funds and mandates. For certain funds/mandates, the role is one of Limited Partner. For others, the role is one of General Partner. Hence, the candidate must be able to interchange between the roles at all times.
• Daily operational tasks include, but are not limited to, the following detailed responsibilities:
• File transaction notices, reports, emails, legal documents etc in a timely and organized manner.
• Process transactions such as capital call and distribution, fee payment, cash transfer, investment payment, etc.
• Perform daily cash reconciliation and resolve any discrepancy.
• Review quarterly capital account statements submitted by investee funds and perform reconciliation against internal record.
• Respond to ad hoc queries from internal/external parties.
• Maintain up-to-date investment record in systems.
• Liaise with General Partners, clients, fund administrators, custodians and auditors as and when matters arise.
• Assist with new fund subscriptions which may include client AML/KYC clearance for the fund investment.
• Review quarterly NAV packs prepared by fund administrators and follow up on discrepancies.
• Assist in various internal/external audit and regulatory submissions.
• Assist in coordinating annual financial statements preparation and regulatory filing.