Associate Director, Fund Accounting (Real Estate)

MUFG Investor Services; Kuala Lumpur; Hybrid; MYR 200,000 - 250,000; Full time

Job summary

A leading financial services provider in Kuala Lumpur is looking for a candidate to provide fund administration services for real estate clients. Key responsibilities include client communication, reviewing financial reports, and ensuring smooth service delivery. Candidates should have a university degree in Finance or Accounting, over 7 years of relevant experience, and strong knowledge of the real estate industry. The role offers an attractive compensation package, including hybrid work flexibility and benefits.

Benefits

Group medical insurance

Group pension scheme

Professional subscriptions reimbursement

Paid holidays

Gym membership assistance

Qualifications

• Minimum of 7 years of progressive accounting/audit/fund administration experience.
• Experience in property management or real estate funds managing staff.
• In-depth understanding of the real estate industry.

Responsibilities

• Primary contact for clients on daily operations and issue discussions.
• Review Net Asset Value calculations and associated reporting.
• Maintain a working understanding of fund documentation for financial reporting.

Skills

Microsoft Excel proficiency

Real estate industry knowledge

Strong computer skills

IFRS knowledge

US GAAP and Singapore GAAP knowledge

Team management

Education

University degree in Finance/Accounting

Qualified accountant

Tools

Yardi accounting software

Job description

MUFG Investor Services provides asset servicing solutions to the global investment management industry. Leveraging the financial and intellectual capital of MUFG – one of the largest banks in the world with $2.8 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, trustee services and depository to securities lending and other banking services.

With a diverse and dynamic network of offices across the globe, MUFG Investor Services provides challenging and rewarding careers. We achieve this by offering continuous learning and development, collaborative team work environment, promotion of work-life integration, and exposure to a wide variety of work.

Imagine your future at MUFG Investor Services where you can grow professionally, in a diverse and inclusive workplace that rewards your contribution.

Job Description

This growth-oriented position will have the primary responsibility of providing the full range of fund administration services to real estate clients. This individual will be responsible for understanding and applying current accounting principles to the accounting and financial reporting of funds and for reviewing transaction and valuation information. A partial list of responsibilities and skills includes:

Responsibilities

• Primary contact to client on daily operational, issue discussion and any other request
• Review of Net Asset Value calculation and associated reporting.
• Review investor capital activities, annual financial audit and other statutory reporting.
• Maintain a working understanding of fund documentation(s) and apply the terms to the financial reporting and the income and expense allocations.
• Maintain a working knowledge of current accounting principles and developing solutions for issues
• Liaise with banks, auditors, brokers and custodians to ensure smooth service delivery to clients and timely completion of deliverables
• Involved in new funds on-boarding process
• Resolve issues/queries raised clients in a timely manner and maintain a high level of client satisfaction
• Identify and highlight opportunities for internal process improvement and increase in operational efficiency
• Responsible of work allocation and team utilisation. Assist on coordination of resources and make sure that appropriate cross training and coverage is in place to meet client and organizational expectations for deliverables.
• Participate in company and client initiatives outside of normal deliverables and responsibilities
• Perform other duties as assigned and incidental to the work described above

Qualifications

• Hold a university degree in Finance/ Accounting, qualified accountant or other relevant qualification preferred
• Have a minimum of 7 years progressive accounting/ audit/ fund administration experience in property management or real estate funds with experience managing staff.
• In-depth understanding of real estate industry.
• Strong computer skills with strength in Microsoft Office products and willing to embrace new technologies for efficient solution. Proficiency with Microsoft Excel is particularly asset.
• Strong knowledge in IFRS, US GAAP and Singapore GAAP.
• Experience with accounting software: Yardi would be an advantage
• Knowledge in group consolidations is required.

Additional Information

At MUFG Investor Services, we are exceptionally proud of our approach to Hybrid Working. It enables the flexibility to thrive from wherever our employees work and, stay connected to their team and our culture. When we make Hybrid Working plans, we get to know the individual and pride ourselves in underpinning all our decisions with fairness and consistency.

MUFG Investor Services provides all of its employees with an extremely attractive compensation package. In addition to base salary, there is a group medical insurance scheme, group pension scheme, reimbursement of professional subscriptions, paid holidays and assistance towards gym memberships.