Finance Director / Chief Operating Officer. (Private Equity & Asset Management sector)

  • Competitive
  • Singapore
  • Permanent, Full time
  • 8F Asset Management Pte Ltd
  • 19 Oct 17 2017-10-19

An investment manager focused on the private equity and asset management sectors is seeking an investor-reporting focused FD / COO to join their team as they embark on an aggressive growth strategy.

The investment firm was set up by highly-regarded and experienced professionals in the alternative and private equity sector. The individuals in their previous experiences have managed multi-billion commitments from a pool of global stakeholders and delivered strong returns to their investors for more than a decade and in turn, forged a strong reputation in the alternative investment space.

An opportunity has arisen for a seasoned finance professional to join their team as their Finance Director & Chief Operating Officer based in their Singapore office. This is a unique opportunity for a skilled FD / COO to work alongside one of the most dynamic group of investment professionals globally and to build a team of finance/compliance/administration staff.

The individual is responsible for the accounting, financial analysis, cash management and risk management functions of the firm and its portfolio. In this capacity, he/she will also manage the relationships with the regulators and service providers including auditors, bankers, fund administrators and vendors.

The FD also doubles as a COO by providing leadership to the Admin/HR and Compliance, providing support for the partners to focus on investing, fundraising and business development.

The duties shall include (but is not limited to) the following:

Company budgeting, accounting, IT

  • Manage the firm’s internal financial administration and prepare necessary reports on a timely basis for business planning, e.g. monthly management reports, annual budget and ad-hoc forecasts
  • Manage/maintain accounting system
  • Facilitate audit, prepare supporting worksheets for audit
  • Responsible for tax calculations and interactions with / submissions to IRAS
  • Ensure that the staff are supported by adequate IT infrastructure, working with external vendor(s)

Fund accounting, monitoring, reporting and investor services

  • Ensure prompt service and accuracy from external fund administration team
  • Responsible for the preparation of quarterly / annual fund reports and prompt response to investor queries
  • Implement and maintain performance analytics database to support investment team and investor reporting / queries
  • ILPA reporting and facilitate FATCA, CDOT and CRS reporting
  • Develop solutions for tax and structural issues relating to investment vehicles
  • Review investors' capital statements, capital call/distribution notices, investment valuations
  • Monitor and manage all liquidity needs for the funds: 1) Ensure sufficient bank lines of credit for managing liquidity / debt financing, and 2) optimize fund capital calls and distributions including use of credit line to improve efficiency and returns
  • Oversee external auditors and tax agents with regards to funds' audit and tax matters

Regulatory/Compliance

  • Together with the external compliance service provider, monitor all open compliance, regulatory and legal issues involving the firm as well as related matters affecting the industry
  • Responsible for interactions with MAS and other regulatory entities

 Qualifications

  • CPA or advanced degree in Finance or Accounting required
  • Direct CFO or fund controller experience at a private equity, venture capital or asset management firm
  • No less than 7 years of relevant experience in finance leadership positions
  • Strong technical knowledge and experience in fund accounting, fund administration, and fund tax structuring
  • Knowledge and experience of the compliance function

 Qualities

  • Demonstrated project management and leadership skills
  • Strong work ethic, initiative and attention to detail
  • Excellent English written and verbal communication skills and a friendly, service-oriented attitude
  • Positive orientation, persistence and energy
  • Proactivity and the ability to undertake multi-tasking
  • Ability to troubleshoot and identify problems, and find solutions