Head of Operations – Private Equity
JOB DESCRIPTION
Headquartered in Singapore, ASCENT Group is an Independent Global Fund Administrator that provides a full range of fund administration services for Alternative funds such as Hedge Funds, Private Equity Funds, Venture Capital, Crypto Funds, VCC, Retail Estate Funds, etc., which include reviewing fund constitutional documents from an operational perspective, help setting up the structure, providing tax and accounting services for the funds including financial preparation and calculation of net asset value. We also provide investor services for the funds that include KYC review, onboarding, calculation of return, and distribution of statements. All books and records are maintained on a robust integrated platform. ASCENT Fund Services is one of the fastest-growing companies in the fund admin space with 9 offices in APAC and counting.
Head of Operations – Private Equity
FUNCTIONS
You will have extensive experience in the administration of Private Equity and Hedge Funds. Experience in Private Equity is mandatory. You will have proven knowledge of the Fund industry and should have demonstrated experience in leading teams successfully.
- You will be responsible for the oversight of fund administrators and their assigned clients.
- Experience dealing with a wide variety of closed-ended funds (Private equity, PE FOFs, and Real estate funds).
- Experience dealing with complex P&L allocations across entities within an overall structure.
- Strong understanding and experience dealing with various types of waterfall calculations.
- Ensure the fund in your group are review NAV by the global KOP & checklists.
- Proven track record of developing/motivating individuals and teams.
- Ensure effective task allocation and delegation across your team.
- Ensure a culture of continuous improvement.
- Manage team capacity to support new business.
- Utilize offshore operational centres for the appropriate tasks within your group.
- Primary contact for level 1 clients and escalation for others.
- Ensure client concerns and queries are addressed in a timely and efficient manner.
- Deal with any client’s reviews or scorecards. Due diligence visits.
- Ensure effective communication with colleagues and corresponding departments.
- Ensure management of the Outsourcing relationships (OSP) are closely managed.
- Participate in new business pitches and resource estimation for its servicing.
- Involvement in various project and product offering development.
Head of Operations – Private Equity
QUALIFICATIONS
- University degree preferred – accounting, finance, business or economics (or overseas equivalent).
- Professional accounting designation preferred (CPA, CMA, CA, ACCA etc.).
- Experience in a similar role with at least 5 years’ experience within the Fund industry.
- Strong industry knowledge with proven management experience.
- An ability to work to and meet agreed on deadlines.
- Highly organized and motivated individual with acute attention to detail.
- Knowledge of IFRS and GAAP as applicable to Funds.
- Detailed knowledge & understanding of securities and other financial instruments.
- Computer proficiency with advanced knowledge of Microsoft Office Suite (Excel etc).
- Excellent communication and interpersonal skills.
- An ability to think critically and objectively.
- Have the drive to work toward continuous improvement.
- The flexibility and willingness to work additional hours if required.
- A genuinely unique opportunity to be part of an expanding large global business.
- Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly.
To be successful in these roles it is envisaged you are a motivated and self-driven individual eager to contribute and grow with the organization. Critical to your ability to perform these roles will be attention to detail and team focus.
ASCENT offers a modern and progressive work environment. You can expect to be challenged and offered a path towards future career growth.
Interested parties please send your full resume with availability and expected salary by clicking on hr@ascentfunds.sg