Fund Accountant- Remote
Location: Philippines – Remote
Working Hours: 10:00 AM–6:00 PM Philippine Time
Engagement: Full-Time Independent Contractor
Role Overview
We are seeking a detail-oriented Fund Accountant to support the day-to-day accounting and financial operations of a UAE-based investment business, its funds, and associated Special Purpose Vehicles (SPVs).
Working under the guidance of the Chief Financial Officer, you will assist with fund accounting, NAV preparation, reconciliations, financial reporting, treasury administration, and audit support.
This role is ideal for an accountant with experience in fund administration, private equity, investment management, financial services, or a similar environment who wants to develop broader international fund and finance experience.
Key Responsibilities
FUND ACCOUNTING
- Assist in preparing periodic Net Asset Value calculations.
- Maintain accounting records for funds and associated SPVs.
- Record fund investments, expenses, management fees, capital movements, and other transactions.
- Maintain investor and Limited Partner capital account schedules.
- Support the processing and recording of capital calls, distributions, and investment activity.
- Assist with quarterly fund and investment valuation schedules.
- Prepare supporting schedules for fair-value assessments.
- Investigate and resolve accounting and reconciliation differences.
FINANCIAL REPORTING
- Assist in preparing monthly management accounts and financial reports.
- Maintain general ledgers and supporting accounting schedules.
- Prepare bank, balance sheet, intercompany, and investment reconciliations.
- Process journal entries, accruals, prepayments, and adjustments.
- Support the preparation of financial statements under the CFO's guidance.
- Maintain accurate and audit-ready financial records for the business, funds, and SPVs.
TREASURY AND FINANCE OPERATIONS
- Monitor bank balances and maintain cash-flow schedules.
- Prepare payment instructions and supporting documentation for approval.
- Record receipts, payments, transfers, and investment transactions.
- Assist with accounts payable, expense claims, and supplier records.
- Maintain organised financial documentation and approval records.
- Support payroll preparation and related reconciliations when required.
TAX, COMPLIANCE AND AUDIT SUPPORT
- Prepare supporting schedules and documents for UAE Corporate Tax and VAT filings.
- Assist with FATCA, CRS, regulatory, and investor reporting requirements.
- Support the CFO in preparing regulatory capital and financial compliance schedules.
- Coordinate audit requests and maintain supporting documentation.
- Work with external auditors, tax advisers, fund administrators, and other service providers.
- Ensure assigned reports and schedules are completed accurately and on time.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field.
- At least two years of accounting experience.
- Experience in fund accounting, fund administration, investment accounting, private equity, financial services, or a related environment.
- Practical experience with general ledger accounting and financial reconciliations.
- Understanding of NAV calculations, investment transactions, or fund structures.
- Familiarity with IFRS or US GAAP.
- Strong Microsoft Excel skills, including formulas, lookups, and reconciliation schedules.
- Strong attention to detail and ability to identify accounting discrepancies.
- Good written and verbal English communication skills.
- Ability to work independently in a remote environment while following CFO guidance.
- Comfortable working as a full-time independent contractor.
HIGHLY REGARDED
- Experience working for a fund administrator, investment manager, asset manager, or financial services provider.
- Experience supporting private equity, venture capital, real estate, or other alternative investment funds.
- Exposure to Limited Partner accounting, capital calls, distributions, management fees, and SPVs.
- Experience preparing NAV calculations and investor capital account schedules.
- Previous exposure to international clients or offshore fund structures.
- Familiarity with UAE accounting, taxation, VAT, FATCA, or CRS requirements.
- CPA, ACCA, CMA, or equivalent qualification, or currently working toward one.
What Success Looks Like
- Fund and SPV accounting records are accurate and updated on time.
- Reconciliations and NAV supporting schedules are complete and properly documented.
- Accounting differences are identified and escalated promptly.
- Audit and compliance documents are organised and readily available.
- The CFO receives reliable financial information for review and approval.
- The successful candidate gradually develops greater ownership as their knowledge of the business and UAE requirements grows.
What We Offer
- Permanent work-from-home arrangement.
- Full-time, long-term independent contractor opportunity.
- Exposure to international fund and investment operations.
- Direct guidance and professional development under an experienced CFO.
- Opportunity to expand your knowledge of fund accounting, IFRS, UAE taxation, and financial compliance.
- Potential salary review based on performance, capability, and expanded responsibilities.
