Fintonia Group is building a tech-enabled digital assets financial services platform, with offices in Singapore and Kuala Lumpur, combining a strong background in traditional finance with disruptive technology.
You will be joining a fun and fast-paced environment and will be working with a small team of seasoned industry professionals with experience working at top tier global investment banks and industry leaders.
The Role:
We are looking for a driven and experienced Fund Operations Manager to join our team in Kuala Lumpur.
The ideal candidate will have strong fund accounting experience, preferably gained in-house within a fund management company or with a top-tier service provider. This role is ideal for someone who can think independently, problem-solve, and take initiative to optimize workflows and ensure operational excellence.
Key Responsibilities:
Fund Accounting Oversight:
- Work closely with the Fund Administrator to ensure accurate NAV calculations, reconciliations, and timely reporting.
- Review fund performance metrics, expenses, and fee calculations, ensuring accuracy and compliance.
- Manage and resolve exceptions or discrepancies identified during reconciliations.
Fund Operations Management:
- Oversee and lead the day-to-day activities of Operations Associates, providing mentorship, direction, and accountability.
- Streamline workflows and ensure smooth trade settlement processes, cash management, and reconciliations.
- Collaborate with internal teams and external stakeholders to address operational challenges.
Fund Accounting and Reporting:
- Ensure timely and accurate investor reporting, including NAV statements and investor notices.
- Review investor capital calls, redemptions, and distributions.
- Monitor fund expenses and prepare cost allocation reports in coordination with the finance team.
Counterparty and Client Onboarding:
- Manage onboarding processes for new banking relationships and counterparties, working closely with Compliance and Legal teams.
- Maintain accurate documentation and perform periodic reviews of counterparty relationships.
Process Improvement and Systems Oversight:
- Identify and implement process improvements to enhance efficiency and scalability.
- Collaborate with IT and Operations teams to implement and optimize technology solutions for reporting and workflow automation.
Compliance and Governance Support:
- Ensure compliance with internal controls and governance frameworks in collaboration with the Legal and Compliance team.
- Maintain accurate records and provide audit support as required.
Requirements:
To be a successful applicant, you should meet the following criteria:
Experience:
- At least 68 years of relevant experience in fund accounting, fund administration, or operations, either in-house at a fund management company or with a top-tier service provider.
- Demonstrated experience managing or working closely with Fund Administrators.
- Proven leadership skills with experience managing teams.
Technical Expertise:
- Strong knowledge of fund accounting principles, including NAV calculations, fee structures, and reconciliations.
- Familiarity with fund structures (e.g., hedge funds, private equity) and related compliance requirements.
- Proficiency in Microsoft Excel and experience working with fund accounting systems.
Problem Solving and Initiative:
- Ability to think critically, troubleshoot issues, and propose solutions independently.
- Demonstrated track record of process improvement and implementing operational efficiencies.
Collaboration and Communication:
- Excellent interpersonal and communication skills to liaise effectively with internal stakeholders, external service providers, and regulatory bodies.
- Strong organizational skills with high attention to detail.
Education:
- Bachelor's degree in Finance, Accounting, Business, Economics, or a related field.
Additional Skills:
- Knowledge and experience with digital assets and crypto fund operations are highly regarded but not mandatory.
- Experience with process and system changes, including end-user testing and system implementation, is advantageous.
