Vice President - Fund Accounting

About the role

Waystone is seeking a highly skilled and experienced Vice President of Fund Accounting to join our dynamic team in Manila, specifically in Makati City. This leadership position is in overseeing the fund accounting operations, ensuring compliance with regulatory requirements, and enhancing the efficiency of our financial processes. The ideal candidate will have a strong background in fund accounting, a proven track record of managing teams, and the ability to drive strategic initiatives within the organization.

Key facts

What you'll do

• Lead and manage the fund accounting team, providing guidance and support to ensure accurate and timely financial reporting.
• Oversee the preparation and review of financial statements, ensuring compliance with applicable accounting standards and regulations.
• Develop and implement accounting policies and procedures to enhance operational efficiency and accuracy in fund accounting processes.
• Collaborate with internal and external stakeholders, including auditors and regulatory bodies, to facilitate audits and ensure compliance with all financial regulations.
• Monitor and analyze fund performance, providing insights and recommendations to senior management for strategic decision-making.
• Drive the implementation of technology solutions to streamline accounting processes and improve data accuracy and reporting capabilities.
• Conduct regular training and development sessions for team members to enhance their skills and knowledge in fund accounting practices.
• Manage the budgeting and forecasting processes for the fund accounting department, ensuring alignment with overall organizational goals.
• Establish key performance indicators (KPIs) for the fund accounting team and monitor performance against these metrics.
• Participate in strategic planning initiatives, contributing financial insights to support the organization's growth and development.
• Foster a culture of continuous improvement within the team, encouraging innovative solutions to enhance fund accounting operations.
• Act as a key point of contact for client inquiries related to fund accounting, ensuring high levels of client satisfaction and service delivery.

Requirements

• A bachelor's degree in Accounting, Finance, or a related field; a master's degree or professional certification (e.g., CPA, CFA) is preferred.
• A minimum of 8 years of experience in fund accounting or a similar financial role, with at least 3 years in a managerial capacity.
• Extensive knowledge of accounting principles, financial regulations, and compliance standards relevant to fund accounting.
• Proven experience in managing teams, with strong leadership and interpersonal skills.
• Excellent analytical and problem-solving abilities, with a keen attention to detail.
• Strong communication skills, both written and verbal, with the ability to convey complex financial information clearly.
• Proficiency in accounting software and financial reporting tools; familiarity with advanced Excel functions is essential.
• Ability to work in a fast-paced environment and manage multiple priorities effectively.
• Strong organizational skills and a proactive approach to identifying and addressing challenges.

Nice to have

• Experience in the asset management or investment industry is a significant advantage.
• Familiarity with international accounting standards (IFRS) and local regulatory requirements.
• Knowledge of fund administration processes and investment products.
• Experience with financial systems implementation or upgrades.
• Multilingual abilities can be beneficial in a diverse workplace.

Skills & tools

• Advanced proficiency in accounting software (e.g., QuickBooks, Oracle Financial Services) and Microsoft Office Suite.
• Strong understanding of financial modeling and analysis techniques.
• Familiarity with data visualization tools and reporting software.
• Knowledge of risk management principles and practices in fund accounting.

Practical notes

• This position is based in Manila, Makati City, and requires a full-time commitment.
• Candidates must be legally authorized to work in the Philippines.
• The role may involve occasional travel for client meetings or industry events.
• Waystone is committed to fostering a diverse and inclusive workplace, encouraging applications from all qualified individuals.

If you are a strategic thinker with a passion for fund accounting and a desire to lead a talented team, we invite you to apply for the Vice President

Fund Accounting position at Waystone. Join us in shaping the future of fund accounting and delivering exceptional value to our clients.