Accountant 2, Fund Accounting

About the role

IQE-Q is seeking an Accountant 2 to join its Fund Accounting team in Pasig City. This is a full-time position focused on supporting the accounting operations for investment funds managed by the firm. The role involves preparing financial reports, reconciling accounts, and ensuring compliance with established accounting standards. The successful candidate will work closely with colleagues to maintain accurate fund records and support the broader finance function. Day-to-day responsibilities center on processing fund transactions, verifying investor allocations, and contributing to the timely delivery of financial reporting packages. This position plays a key part in upholding the accuracy and integrity of fund-level financial data across multiple investment vehicles. The team operates within a global organization that serves a diverse range of fund clients across multiple jurisdictions.

Key facts

What you'll do

Prepare and review daily fund accounting entries to ensure accuracy and completeness of financial records

Reconcile bank accounts and brokerage statements against internal ledger balances on a regular schedule

Calculate and distribute income and capital gains allocations to investors and fund stakeholders

Assist in the preparation of monthly and quarterly financial statements for multiple fund structures

Support the month-end and year-end close processes by gathering and organizing supporting documentation

Verify that all transactions are recorded in accordance with applicable accounting policies and procedures

Communicate with fund administrators and custodians to resolve discrepancies in account balances

Maintain organized files and documentation for audit purposes and internal review cycles

Monitor fund cash flows and flag unusual movements for review by the accounting team

Assist with the onboarding of new fund structures by setting up chart of accounts and configuration

Review and process investor subscription and redemption requests in coordination with the fund administrator

Participate in periodic internal reviews and process improvement initiatives within the accounting department

Requirements

Demonstrated experience in fund accounting or a related area within the financial services sector

Solid understanding of accounting principles including accruals, deferrals, and fair value measurements

Ability to manage multiple fund portfolios and meet competing deadlines in a fast-paced setting

Strong attention to detail and a commitment to producing accurate, reliable financial data

Effective written and verbal communication skills for coordinating with internal and external partners

Willingness to work in Pasig City on a full-time basis as part of a collaborative team

Familiarity with investment fund structures such as mutual funds, hedge funds, or private equity vehicles

Degree in accounting, finance, or a closely related field from an accredited institution

Experience with journal entry preparation and account reconciliations in a professional services or fund environment

Strong organizational skills and the ability to prioritize tasks while maintaining a high standard of work

Nice to have

Prior experience working with fund administrators or prime brokers in a professional services environment

Knowledge of regulatory reporting requirements relevant to investment funds in the Philippines

Exposure to fund accounting software platforms or enterprise resource planning systems

Certification such as CPA or ACCA, or progress toward obtaining a professional accounting designation

Experience collaborating with cross-functional teams across different fund accounting workstreams and projects

Skills & tools

Proficiency in general ledger systems and fund accounting modules used in investment management

Working knowledge of Microsoft Excel including pivot tables, VLOOKUP, and formula auditing

Familiarity with financial reporting frameworks such as IFRS or local Philippine accounting standards

Experience with document management and file organization for audit trail purposes

Ability to use email and calendar applications to coordinate tasks and track deadlines

Understanding of basic database concepts for extracting and validating financial data

Comfort using email, shared drives, and collaboration platforms to manage accounting workflows and file exchanges

Practical notes

This role is based in Pasig City and requires on-site presence during standard business hours

The position reports to the Fund Accounting team lead or manager within Iq Eq

Candidates should expect to handle a moderate volume of fund accounting tasks across several fund vehicles

The hiring process may include interviews with members of the finance and accounting departments

Iq Eq values candidates who demonstrate integrity, professionalism, and a collaborative working style

The full-time engagement means a regular schedule with potential for additional hours during peak reporting periods

Applicants should submit their updated resume and any relevant professional certifications with their application