Associate, Fund Services

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 9,100 experts and 120 offices in 85 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success.

We know how to unlock access to the world’s most attractive markets swiftly, safely and efficiently. That’s why more than 60% of the Fortune Global 500 and FTSE 100, and almost half the top 300 private equity firms, work with us.
Our unique global delivery model, underpinned by our innovative digital platforms, means we can cover sectors as diverse as capital markets, private equity, real estate, pharmaceuticals, energy and technology, with experts on the ground providing local support.

TMF Group – we make a complex world simple.

At TMF Group, whatever your role, you will be part of a truly diverse, global business. In addition to challenging and meaningful work, you will have the opportunity to leverage our global network of firms for your growth and development and collaborate with colleagues from around the world. We strive to be a ‘People-first’ organisation that ensures employee growth, well-being and work-life balance. TMF Hong Kong has been recognised as a Great Place to Work 2023-24 and the Caring Company certification by The Hong Kong Council of Social Service for two consecutive years. To learn more about TMF Group, please visit our website at

Job Purpose

Responsible for providing clients with accurate and timely accounting services in line with clients’ business needs, TMF procedures, applicable accounting standards and compliance with relevant regulatory authorities, to meet the client service agreements.

Your role will encompass all facets of the calculation of net asset values on a variety of funds. 

Responsibilities

• Gain a good understanding of the client business and keep senior staff updated on any potential issues identified during the processing of the information provided by the client.
• Accounting & analysis:
  
  • Maintain and control the general ledger and various sub-ledgers
  • Process standard and complex bookkeeping entries
  • Prepare investor allocations, capital call / distribution notices
  • Prepare full NAV reporting pack including management accounts, supporting schedules
  • Prepare financial statements, footnotes and partner capital statements
  • Involved within a full scope of transaction activities including full cycle accounting
  • Prepare financial data analysis
• Review funds’ partnership agreements, trust deeds and PPM’s and other documents.
• Participate in the implementation of fund structures onto the accounting system.
• Monitor compliance of various agreements with clients, including the Service Level Agreement.
• Operate as a contact point for clients; able to respond to and resolve queries or escalate where necessary.
• Act as a liaison with various internal /external parties – i.e. auditors, legal counsel.
• Assist in client audit procedures.
• Process wire transfer payments on behalf of clients.
• Prepare and analyze complex Excel spreadsheets.
• Liaise with Investment Management companies.
• Keep accurate records by coding correctly timesheets in Viewpoint.
• Participate in performance appraisals.
• Ad hoc duties as and when required.

Requirements

• Degree holder with recognized accounting qualification or business related disciplines.
• Minimum 1 years relevant fund related experience in professional firms or multinationals.
• Pursuing Professional qualifications in CA or CPA.
• Experience in accounting/tax/banking procedures.
• Experience in Investran is a must.
• Sound knowledge of local accounting practices.
• Advanced Microsoft Office application.
• Prior knowledge of accounting system a plus.
• Good command of both spoken and written English.

We offer competitive remuneration package including annual leave, 13-month salary, discretionary bonus, life insurance, dental and medical coverage and study and examination leaves to the successful candidate. Please forward your personal profile to us with CURRENT & EXPECTED SALARY by email to [email redacted, apply via Company website] (in WORD format only).

Personal data collected will be used for recruitment purposes only and will be treated in strict confidence. Applicants not invited for interview within 4 weeks may consider their applications unsuccessful and all information submitted will be destroyed. For further information, please visit our website on