Singularity AMC - Head - Fund Accounting/Operations - AIF Private Equity

Head - Fund Accounting/Operations - AIF Private Equity

Responsibilities:

- Private Fund Accounting: : Lead the preparation and review of financial statements, including balance sheets, income statements and cash flow statements for Private equity funds and ensuring accuracy, compliance, and timely reporting of financial statements.

- Fund Structure Management: Entrust with the overall accountability of overseeing the management and reconciliation of various complex fund structures.

- Funds Management: Manage capital calls, distribution events, and drawdown notices for private equity funds, ensuring timely execution.

- Fee Calculations: Ensure the accurate calculation of fees, carried interest, and investor allocations according to the fund's partnership agreement.

- Waterfall Calculations: Manage the preparation and review of waterfall calculations to determine the correct distribution of profits among investors.

- Reporting: Coordinate the recording and reporting of investment transactions, including acquisitions, dispositions, and valuations.

- Portfolio Valuation: Monitor the valuation process of portfolio investments, ensuring they align with the latest industry standards and best practices.

- Cash Flow Management: Oversee the fund cash flows, ensuring sufficient liquidity for capital calls, distributions, and operating expenses.

- Fund Integration: Lead the integration of new funds into the existing accounting, ensuring seamless transitions and continuity in financial reporting.

- Internal Control: Develop and maintain robust internal controls over fund accounting processes to mitigate risks and ensure accuracy.

- Investor Capital Activities: Review and coordinate the investor capital activity, including capital commitments, drawdowns, and distributions.

- Financial Statements: Manage the year-end financial statement process for funds, coordinating with auditors to ensure timely and accurate reporting.

- Calculations: Oversee complex calculations for Management Fees, Carried Interest, waterfalls, and IRR, enhancing financial accuracy.

- General Accounting: Post journal entries and manage capital call and distribution accounting, maintaining accurate fund records.

- Cash Positions: Monitor cash positions to determine the need for capital calls or distributions, supporting fund performance.

- Reconciliation: Maintain and reconcile accrued expense schedules as well as conduct weekly fund reconciliations, ensuring financial integrity.

- Team Leadership: Lead the fund accounting team, setting clear goals and expectations to ensure high performance and alignment with objectives.