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 15 offices in APAC and counting.

As a Senior Associate, you will be responsible to assist our team in producing valuations for our group of clients and helping with the accounting function of our operations. You will be required to interact internally with the various teams.

FUNCTIONS

Reporting to the Supervisor or equivalent, you will be responsible for:

Responsibilities

• To ensure timely and accurate NAV calculation on a monthly, quarterly, bi-annually and yearly basis
• Processing of security and cash transactions for portfolios

• Raising payments in Banking Portal
• Reconciliation of the portfolio from broker to in-house systems
• Responding to client enquiries in a timely and efficient manner
• Ensuring compliance with regulatory requirements and other requirements of the fund’s specifications
• A detailed review of NAV calculations for Private Equity Funds
• Preparation of financial statements as required.
• Supervision and training of Fund Accounting staff based out in Singapore and COE Team in India.
• Any other day-to-day administrative duties
• Processing of security and cash transactions for portfolios
• Ensuring compliance with regulatory requirements and other requirements of the fund’s specifications
• Any other day-to-day administrative duties as may be required by the team/Company.

Requirements

• Degree in Accounting or Finance related area and/or studying for a professional accounting (or comparable) qualification.
• 3 years’ experience in a similar role incorporating the above functions.
• An ability to work to and meet agreed deadlines.
• Excellent interpersonal and written communications skills
• Strong PC skills including Word and Excel (experience on Paxus an advantage)

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 offersa 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.