Assistant Manager Funds Accounting

Kenanga Investment Bank; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading investment bank in Kuala Lumpur is seeking a skilled professional for fund valuation and operational support. Responsibilities include preparing daily fund valuation reports, supporting alternative investment documentation, and managing the operational setup of new funds. Candidates should possess a degree in Accounting or Finance along with at least 4 years of experience in the capital markets. The ideal candidate will have strong knowledge of Unit Trusts, ETFs, and relevant regulations.

Qualifications

• Minimum of 4 years’ experience in the capital market industry.
• Strong understanding of Unit Trust, ETF, and Private Retirement Schemes regulations.

Responsibilities

• Prepare and review daily fund valuation reports.
• Support alternative investment documentation execution and coordination.
• Manage operational setup activities for new funds.

Skills

Fund Valuation

Cash Reconciliations

Regulatory Compliance

Operational Support

Fund Accounting Systems

Education

Degree in Accounting/Finance/Business/Actuarial

Job description

Prepared and reviewed daily fund valuation reports and ETF IOPV, ensuring timely and accurate submission in line with regulatory requirements.

Performed comprehensive valuation functions including cash position monitoring, daily cash and stock reconciliations, and securities pricing across multiple fund types (Unit Trust, ETF, Wholesale, PRS).

Provided reliable daily fund information and operational support to management to facilitate smooth fund activities and decision‑making.

Supported technical and automation initiatives for fund operations, contributing to process improvements and system enhancements.

Assisted in the execution and coordination of alternative investment documentation between KIB and Trustees / Custodians.

Handled operational setup activities for new funds, including instructions for account opening, trading account setup, and other foundational requirements.

Conducted simulations and analyses to support fund performance assessment, operational planning, and scenario testing.

Managed daily communication and operational coordination with Trustees and Custodians to ensure efficient fund administration.

Participated in ad‑hoc assignments and projects as required by management.

JOB RESPONSIBILITIES

1. Valuations and other daily reporting

   Daily/weekly/monthly valuations reporting, including the daily NAV report, and other relevant daily reports internally and externally.

   Support Funds’ reporting requirements for audited annual half‑yearly reports for the Unit Trust funds/Wholesale, Exchange Traded Funds, and Private Retirement Schemes.

   Assist in execution of alternative investment documentation.

2. New Funds Including Unit Trust Funds / Wholesale Exchange Traded Funds / Private Retirement Schemes

   Ad-hoc operational request in relation to Unit Trust Funds / Wholesale, Exchange Traded Funds and Retirement Private Mandates.

   Design and assist with the preparation of any fund‑related documentation which is to be coordinated with auditors and regulatory agencies.

   Parameter setup and account opening for new funds.

   Well‑versed in Unit Trust Funds, Exchange Traded Funds and Private Retirement Schemes regulations.

   Involved in the project as key person to improve reporting modules/process to support the Funds’ accounting system.

   Provide assistance in system enhancements and perform UAT testing.

JOB REQUIREMENTS

• Degree in Accounting/Finance/Business/Actuarial and related
• Minimum 4 years' experience in capital market industry