About The Team

Fund Treasury is responsible in ensuring the internal controls over financial reporting of the different fund products, namely Mutual Funds, Hedge Funds, UCITS Funds, Lux Private Funds, CIT Funds and Australia Funds, are designed and operating effectively. Accordingly, Fund Treasury developed oversight models using a risk-based approach and entails overseeing the external service providers processes to produce and deliver financial statements and where relevant, coordinating with the various external audit teams, service providers and internal teams throughout the year to ensure the audit work is performed efficiently and audit issues are addressed timely in order to secure unqualified audit opinions. Also part of Fund Treasury's responsibilities is to establish and implement accounting and financial reporting policies to ensure that the funds are compliant with the applicable Generally Accepted Accounting Principles (GAAP) and other relevant regulatory pronouncements. In addition, Fund Treasury oversees the operating expenses budgets and processing of invoices chargeable to the funds. Fund Treasury is also in charge of timely communication of any financial reporting and internal controls matters with those charge with governance of the funds as well as the preparation materials to keep them informed, provide new fund developments and obtain required approvals related to financial reporting

Specific Duties and Responsibilities

Perform understanding and walkthrough of operating expense budget and invoice processing of the fund administrators as well as the billing process of certain vendors.
Perform risk assessment and identify controls over the operating expense budget and invoice processing of the different fund products.
Identify potential improvements on the operating expense budget and invoice processing of the fund administrators to make the process more effective and efficient.
Perform review of vendor invoices to determine whether these are permissible fund expenses, validate their accuracy and completeness, apply the appropriate allocation methodology, prepare the payment instruction and authorize for settlement by the fund administrators.
Monitor the processing of vendor invoices and perform reconciliation against the invoice log maintained by the fund administrators.
Addressing different fund operating expenses related concerns raise by both external and internal stakeholders of the funds, including vendor queries.
Prepare expense management related BOD/BOT meeting materials.
Execute review procedures to ensure internal controls of fund administrators over financial reporting process of funds are designed and operating effectively and that the financial statements meet the presentation and disclosure requirements of applicable Generally Accepted Accounting Principles (GAAP).

Requirements

Requirements

Qualification

Must be highly organized, with excellent multi-tasking skills and ability to prioritize activities effectively
High attention to details
Excellent English, oral and written, communication skills
Strong analytical, technical and research skills
Can work with minimal supervision and deliver high quality output
Must be proactive, motivated and a team player
Good understanding of financial instruments
Proficient in MS Excel

Education And Experience

Accounting related Degree
At least three (3) years of experience in accounts payable
Certified Public Accountant is an advantage
Relevant work experience in asset management industry and/or external audit is an advantage

Fund Treasury Senior Associate