Manager - Fund Accounting - Private Capital

Sydney
Asset Management
Permanent

Our client is a prominent global asset services firm with a powerful heritage and a commanding presence across Asia-Pacific. As a leading Tier-1 custodian powerhouse, they support the world’s most sophisticated institutional investors with cutting-edge technology and deep market expertise.

Operating from high-calibre offices in the Sydney CBD, this institution is currently experiencing exponential growth within its alternatives division, driven by a rapid expansion of its premium client base.

They are seeking a Private Capital- Fund Accounting Manager to take comprehensive operational ownership of a high-performing private markets fund accounting team. In this critical leadership role, you will act as a strategic partner to the Department Head, optimising resourcing, leading onboarding and client transitions, and driving business change projects to maintain a sustainable, risk-controlled operating model.

Primary Responsibilities:

• Lead, coach, and develop the Private Capital fund accounting team and second-line managers.
• Partner with the Department Head on talent planning, resourcing, and skill matrix optimizations.
• Serve as the primary client liaison and senior escalation point for all service delivery issues.
• Lead the end-to-end NAV and valuation workflow, including trial balances and fee calculations.
• Oversee the control, review, and execution of all capital events on dedicated platforms.
• Coordinate and review monthly, quarterly, semi-annual, and annual institutional client reporting.
• Review and analyze investment documentation prior to instructing teams on direct/indirect payments.
• Ensure robust payment processing controls, including strict authentication checks and call-back procedures.
• Maintain absolute compliance with ISAE 3402 II standards, internal policies, and regulatory obligations.
• Own overall KPI performance across the division, including SLAs, error rates, and risk indicators.
• Represent the team in strategic forums and provide expert technical input for new business requests.
• Drive operational change, process reviews, client on-boarding, and responses to RFPs for new business.

Experience:

• The successful candidate will bring 10 to 15 years of financial services experience, including at least 5 years of proven people management capability and a strong background in private capital fund accounting.
• You possess deep technical expertise in alternative asset valuations and the end-to-end NAV lifecycle, alongside high proficiency in industry-standard platforms like eFront, advanced Excel, Power BI, and data visualization tools.
• eFront invest system experience is highly preferred