Junior Fund Accountant

Junior Fund Accountant

Salary range:  US$500 to US$ 1,500

Industry: Finance

Employment Type: Contract

Working Hr: Hybrid / Flexible

The Junior Fund Accounting Associate will operate in a fast-paced and intensive crypto environment, interacting with financial products ranging from basic to intermediary complexity levels. The position holder will assist and support the Director in managing moderate portfolios of investment fund clients.

• Manage and maintain simple financial products including but not limited to equities, cryptocurrencies, bonds, swaps, options, Forex, mortgages, forwards, Non-fungible Token (NFT), and futures.
• Account for all daily activity (purchases, sales, income accruals, etc.) in accordance with required controls to ensure overall accuracy and timeliness for assigned funds.
• Perform portfolio and fund accounting for client accounts.
• Perform investment position and cash reconciliations.
• Reconcile the funds’ cash and positions or securities to external sources.
• Post accounting entries to the system’s ledger.
• Conduct research on internal differences between the accounting and trade entries for assigned funds.
• Research and ratify marketable investment prices in accordance with the policy and procedure for moderate funds.
• Prepare and review partnership calculations including subsequent closes, management fees, distribution waterfalls, and partner allocations for basic to intermediary-level funds.
• Perform secondary checks for performance/incentive fees and management fees associated with assigned funds.
• Review allocations from the accounting system to ensure that income is allocated correctly.
• Calculate the Net Asset Value (NAV) per share assigned, determining dividend and distribution rates, as required.
• Perform month-end close processes/financial statement preparation for assigned funds.
• Prepare and review the general ledger, financial statements, and investor capital accounts.Facilitate and confirm receipt of required data for the preparation of financials.
• Prepare financials consistent with International Financial Reporting Standards (IFRS) and/or Generally Accepted Accounting Principles (GAAP).
• Communicate daily with clients and fund counterparties to undertake and resolve any issues and concerns.
• Resolve queries raised by clients and/or their related parties (e.g., auditors, investors, etc.).
• Assist with annual client audit and tax reporting.
• Manage year-end financial and tax audits with service providers, for assigned funds.
• Perform other related duties including but not limited to reconciliation, maintenance, and administrative functions as assigned.

• Bachelor’s Degree in Accounting, Finance, or equivalent.
• Association of Chartered Certified Accountants (ACCA) Certification - Level 2 and above
• A background in the auditing investment field with at least two (2) years’ experience in the auditing field.
• Proficient in Microsoft Office Suite with working knowledge of Microsoft Excel and Teams.
• Working knowledge of International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP)
• Working knowledge of accounting software.

• Excellent interpersonal and communication skills.
• Excellent interpersonal and customer service skills.
• Excellent organizational skills and attention to detail with a focus on accuracy and reliability.
• Excellent time management skills with a proven ability to meet deadlines.
• Strong problem-solving, critical thinking, and analytical skills.
• Proficient in Microsoft Excel skills and capabilities.
• Ability to function independently and as a collaborative team member.

• Hybrid working conditions
• Flexible working hours