Director, Fund Accounting - Private Markets

Overview
About MUFG Investor Services  MUFG Investor Services is a trusted partner to many of the world’s largest public and private funds, providing asset servicing and operational solutions built for alternatives. With over $1 trillion in client assets under administration, we offer fund administration, banking, payments, fund financing, foreign exchange overlay, corporate and regulatory services, custody, business consulting, and more. Operating from 17 locations worldwide, we help clients mitigate risk, enhance efficiency, and navigate the operational complexities of today’s investment management landscape.

As a division of Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions with approximately $3 trillion in assets, we combine deep expertise with the strength and stability of a leading financial institution. To learn more, visit us at

Responsibilities

Provide the full range of fund accounting and administration services to private market clients, including Net Asset Value (NAV) preparation and review, custody servicing, investor record keeping and reporting

Manage a team of Fund Accountants in performing accounting and administration service delivery to customers and train staff on all aspects of the NAV process

Work with stakeholders such as banks, auditors, brokers and custodians to ensure smooth service delivery to customers and completion of NAV

Approve fee schedules including calculation of management fees and carried interest, ensuring all calculations follow applicable fund documents

Review and approve investor allocations for each NAV cycle

Respond to all client queries

Review and sign any schedules, reports and files for review ensuring they are completed in compliance with organization controls

Resource allocation to ensure that all work is carried out and Service Level Agreements are met

Approve payment of fund expenses in applicable banking systems, ensuring controls are followed

Help with preparation and review of audited financial statements and annual audit

Review reporting for the regulatory authorities

Establish fund or client specific procedures covering all aspects of our services;
Ensure cross training and cover in place for all services provided to client

Help with the growth of the local office

Create ideas for improving the NAV process, technological improvements and client reporting

Participate in multiple system initiatives and projects

Qualifications

Hold a university degree in Banking/ Finance/ Mathematics/ Accounting/ Economics, qualified accountant or other relevant qualification preferred

Several years of fund administration experience in servicing a Private Equity and/or Private Debt Clients

Demonstrable experience working in the fund administration industry with experience managing staff. This can include other administrators, investment managers or fund auditors.

Experience with the fund administration business and the drivers of profitability and success.

High proficiency with Microsoft Excel is an essential requirement for this role.

In-depth understanding of the private markets fund administration industry. This includes multiple fund structures, fee calculations, financial instruments and fund offering documentation review.

Experience with fund accounting software Investran, Geneva or Yardi would be beneficial

Additional Information
Experience something Brilliantly  Different  with a career with MUFG Investor Services.

Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group family, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking, and fund financing.

We’re in 17 global locations and provide an exceptional hub of Brilliantly  Different  talent to thrive.

MUFG is an equal opportunity employer.

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