Financial Reporting Accountant, Funds

Job Summary The role holder is responsible for the timely and accurate preparation of financial statements in accordance with IFRS and US GAAP standards and collaborate with the auditors to provide continuous audit support through the audit period and ensure timely completion of the audit process of the Funds. The role sits within the organizations centralized fund accounting function, which performs the core accounting and reporting activities for multiple funds and jurisdictions. The position involves processing investment transactions, maintaining fund accounting books and records, preparing periodic NAV calculations, and supporting financial reporting for investment funds as required. Role & Responsibilities Financial Statement Preparation - Prepare, review, and finalize financial statements for various funds in compliance with IFRS and US GAAP. Ensure that all financial statements are in compliance with relevant laws, standards, and regulations.Reconcile financial discrepancies by collecting and analyzing account information. Audit Support - Act as the primary point of contact for external auditors. Coordinate and provide necessary documentation, reports, and other relevant data required for the audit process. Liaise with the Fund Accounting team to ensure all accounting entries, valuations, and transactions are correctly documented and recorded.Address and resolve audit queries independently, ensuring timely and accurate responses. Cash & Bank Reconciliations - Perform periodic bank and cash reconciliations.Monitor fund cash balances and reconcile with fund accounting records.Investigate and resolve reconciliation differences. Valuation Support & Financial Reporting - Record investment valuations in accordance with valuation policies. Maintain valuation documentation and supporting calculations.Process valuation adjustments for NAV purposes.Assist in the preparation of financial statements, investor reports, capital account summariesPreparation of financial statements, investor reports, capital account summaries, preparation of PBC items and liaison with Auditors.Support audit processes by preparing accounting schedules and responding to audit requests. Operational Aspects - Work closely with investor services teams, custody and treasury teams, legal and compliance teams, investment managers Ensure accurate processing of fund transactions and accounting records.Ultimately responsible for all aspects of fund accounting which include creation of security masters, trade processing, pricing, valuation, recording corporate actions, calculation of interest/dividend accruals, cash/position /dividend/coupon reconciliations, periodic accruals, calculation of management/ performance fees, equalization etc.Ensure that a Fund Accountant may not review or approve NAV calculations that they have prepared themselves for the same reporting period. Fund Accounting & NAV Production - Prepare periodic Net Asset Value (NAV) calculations for assigned funds.Maintain fund accounting records including general ledger, trial balances, investment registersProcess accounting entries relating to investment purchases and disposals, realized and unrealized gains/losses, income accruals, expense allocationsCalculate management fees and performance fees in accordance with fund documentation.Service fund clients to ensure timely and excellent delivery of services as agreed with each fund.Responsible for accurate and timely issuance of funds NAVs in line with prospectus, laws and regulations.Transaction monitoring and initiating investor payments and internal transfers for funds. Investment Accounting - Record and reconcile investment transactions including equities, debt instruments, private equity investments, structured products, derivatives where applicable Maintain investment schedules and valuation records.Reconcile investment positions with custodians, brokers, and counterparties. Investor Capital Accounting - Maintain investor capital accounts for each fund. Process subscriptions, redemptions, capital calls, distributionsCalculate investor allocations of income, gains, and expenses.Prepare investor capital account statements.Constant monitoring of shareholder services to ensure up to date processing of subscription and redemptions, with timely completion of KYC/ AML checks. Additional Requirements - Accurately record chargeable time and value of service using Maconomy, ensure effective monitoring of transactions, handle pricing, invoicing and collection of outstanding fees for the portfolio of clients. Monitor o .