Finance Director (Family Office)
- Employer
- Funds Partnership Asia, EA Licence No: 15C7420
- Location
- Singapore, Singapore
- Salary
- 8k - 10k
- Posted
- 20 Jul 2022
- Closes
- 06 Aug 2022
- Ref
- 15946558
- Job Function
- Private Equity/Venture Capital
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Job Duties:
Requirements:
- Group Companies' Corporate / Portfolio / Fund Accounting and Reporting
- Review limited partnership agreements and private placement memorandums to ensure compliance with operational and reporting procedures.
- Manage workflow to ensure deadlines are met - includes planning and coordination with fund administrators, tax advisers, auditors, legal counsels and banking personnel.
- Prepare capital calls / investments for underlying investments / portfolio companies/ funds/SPVs
- Review statutory annual accounts and disclosures
- Handle group accounts consolidation
- Provide active support from finance perspective during investment transactions (set up entities, arrange for necessary corporate documents etc.)
- Prepare and review quarterly / annual budget / forecast
- Review limited partnership agreements and private placement memorandums to ensure compliance with operational and reporting procedures.
- Prepare and review of bookkeeping, annual accounts and other financial reports
- Cash Management
- Monitor liquidity and cash management for investments
- Preparation of quarterly cash flow reporting and summary per investment;
- Manage quarterly distributions if any to offshore SPVs
- Manage FX conversion process for distributions, acquisitions and disposals of an investment.
- Approve and execute expenses/payments
- Liaise with external advisors, such as tax advisors, auditors and legal advisors in relation to ongoing matters and structuring issues related to additions and disposals
- Licensing Compliance
- Work with external auditors and advisors to ensure that all tax and corporate filings are kept up to date for group of companies
- Work on all licensing, specifically 13x requirements to ensure compliance
- Coordination with corporate secretaries to set up the entities within the investment structure, and bank accounts, ensuring deadlines are strictly adhered to
Requirements:
- Qualified ACCA / CPA / Chartered Accountant
- Bachelor's Degree in Accounting, Finance, Economics or equivalent
- Minimum 7 years' experience in private equity fund accounting especially from the buyside or fund administrator
- Relevant experience in MAS, 13X licensing, reporting
- Familiar with different accounting systems, specifically IFRS consolidation, software and databases
- Fluency in Mandarin to liaise with third parties & read documents (many deals done in China)
- Good inter-personal and business communication skills
- Hands-on, self-motivated, results-oriented, strong initiative, team player