Bulge Bracket Investment Banks

Posted 12 days ago

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**Fund Accounting Associate** in Metro Manila owns and delivers daily NAV calculations and fund accounting outputs, ensuring accurate books and records. Solves complex valuation and reconciliation breaks, strengthens process controls, and partners with stakeholders to resolve issues. Key responsibilities include NAV production, fund financial statements, position and cash reconciliations, and exception resolution. Requires relevant degree, experience in NAV production/review, and strong analytical and communication skills. Proficiency in standard computer applications, plus control-oriented mindset and client-focused approach, is essential. Shift-based schedules may apply. Preferred candidates bring 7+ years of industry experience and automation expertise.

Compensation: Not specified
City: Manila
Country: Not specified

Full Job Description

Location: Metro Manila, National Capital Region, Philippines

Make an impact through work that underpins investment decision-making. Join a collaborative fund accounting team supporting institutional asset managers across the region. Youll own daily deliverables, solve complex valuation and reconciliation breaks, and strengthen process controls. If you enjoy analytical work, structured problem-solving, and deadline-driven execution, this role offers meaningful exposure and growth.

As a Fund Accountant in the Fund Accounting team, you will take ownership of the day-to-day production, validation, and delivery of net asset value (NAV) calculations and fund financial statements for a portfolio of investment funds. You will ensure accounting books and records are accurate, complete, and supported by clear documentation and effective controls. You will partner closely with internal stakeholders to investigate exceptions, resolve issues, and deliver on time.

Job responsibilities

Produce daily/month-end NAV calculations and fund accounting outputs in line with agreed service timelines

Maintain accurate accounting books and securities records, including positions, pricing, corporate actions, income, expenses, and trades

Perform position and cash reconciliations and investigate breaks within defined tolerances

Validate valuations, price movements, and performance drivers to support accurate end valuations

Investigate and resolve accounting and securities exceptions, escalating risks and issues in a timely manner

Prepare and maintain complete workpapers and supporting evidence for unusual items and key judgement areas

Reconcile capital flows where applicable and ensure accurate reflection in the funds accounting records

Reconcile forward foreign exchange contracts (including internally and third-party traded contracts) to the relevant portfolios where applicable

Respond to routine and ad hoc client inquiries by preparing accurate data and clear explanations in partnership with internal teams

Document procedures, identify control gaps, and propose process improvements to reduce operational risk

Support team capability building by providing training and guidance to new hires and peers

Required qualifications, capabilities and skills

Bachelors degree (or equivalent) in accounting, finance, or a related discipline

Demonstrated experience producing or reviewing NAV calculations and/or fund financial statements in a controlled operations environment

Strong attention to detail with the ability to produce accurate, well-documented outputs under deadline

Proven reconciliation and break-resolution skills (e.g., positions, cash, pricing, income, expenses, trades)

Strong analytical skills with the ability to investigate exceptions and identify root causes

Client-focused mindset with clear, professional written and spoken English communication skills

Proficiency in standard computer applications (e.g., spreadsheets, email, documentation tools)

Control-oriented approach, including comfort working with checklists, evidence standards, and sign-offs

Ability to work in a shift-based schedule aligned to business needs (TBD: confirm shift details)

Preferred qualifications, capabilities and skills

7 years of experience in banking, financial services, fund administration, or an accounting firm supporting investment products

Experience working in an automated processing environment with workflow controls and exception management

Understanding of security types and their accounting treatment (e.g., equities, fixed income, derivatives, funds)

Familiarity with market practices and data vendor platforms (e.g., Bloomberg)

Knowledge of custody bank and investment manager operating models and deliverables

Strong problem-solving skills and the ability to collaborate effectively within a small team

Flexibility to support projects and work additional hours during peak production periods, as required

Produce accurate NAVs and financial statements for investment funds in a fast-paced, control-focused environment.

Full Job Description