Assistant Manager, Fund Accounting

It’s never been a more exciting time to join Vistra.  

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.  

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that

We have an exciting opportunity for you to join our team as Assistant Manager, Fund Accounting based in our Vistra, Singapore office. This is a full-time and permanent position reporting to the Associate Director, Private Equity.

Key responsibilities:

• Be the primary client service contact for assigned portfolio.  Monitor and respond promptly to client requests.  Strengthen client relationships.
• Reviewing Capital Account Statements and Net Asset Values
• Reviewing capital call and distribution notices
• Preparing/reviewing waterfall and equalization calculations
• Main point of contact on a day-to-day basis for operational matters and critical issues
• Reviewing financial statements, management accounts and quarterly accounting packages
• Proficient in drafting disclosure notes in line with IFRS/US GAAP accounting conventions
• Reading/understanding fund subscription documents, partnership agreements and shareholder agreements for existing/new funds and explaining key terms to team members
• Co-ordinating investor’s specific reporting requirements
• Reviewing investor requests and ad hoc client requests
• Working closely with other teams (i.e. Cash Management, Investor Services and Corporate Secretarial) to ensure overall operations run smoothly.
• Providing formal/informal training to colleagues on accounting and private equity/industry aspects
• Dealing with staff issues such as leave, sickness and other issues on a daily basis and ensuring staff are happy and motivated in their job
• Conducting formal staff evaluations on a six monthly and annual basis

Key requirements:

• Degree in accountancy (CPA/ACCA/ACA) or finance or equivalent.
• 5-6 years of accounting / auditing experience with at least 4 years in Private Equity Fund industry, part of which must have been in management or supervisory capacity.
• Sound knowledge of Singapore FRS/IFRS and US GAAP.
• Solid understanding of operational functions including Fund Structures, Fund Accounting, Equalisations, Calls/Distributions and Waterfall models.
• Effective client relations, teamworking and management skills.
• Time management and multi-tasking.
• Analytical, independent and resourceful.
• Familiarity with Investran and experience in process improvement will be viewed favourably.
• Strong working knowledge of MS Excel and MS Word.

Company Benefits:

At our Singapore office, we believe in putting our employees’ well-being first! We offer a flexible hybrid working arrangement and birthday leave.

Additionally, we provide comprehensive medical insurance and dental coverage, wellness allowance and competitive annual leave entitlement to support your well-being and time to recharge or explore your passions out of work.

As advocates of continuous learning and professional development, we provide an internal mentorship program and reimburse professional membership fees for certifications like CA, or ACCA, ensuring you stay ahead in your field.

If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!