Associate Director, Fund Accounting (Real Estate)

MUFG INVESTOR SERVICES (MALAYSIA) SDN. BHD.; Kuala Lumpur; On-site; MYR 240,000 - 321,000; Full time

Job summary

A global financial services firm in Kuala Lumpur is seeking a qualified individual for a critical role in fund administration services focused on real estate clients. The role requires at least 7 years of accounting experience and strong knowledge of accounting principles including IFRS and GAAP. The successful candidate will ensure operational excellence, manage client relationships, and contribute to internal process improvements. An attractive compensation package and benefits are offered.

Benefits

Group medical insurance

Group pension scheme

Reimbursement of professional subscriptions

Paid holidays

Assistance towards gym memberships

Qualifications

• Minimum of 7 years of accounting/audit/fund administration experience in property management or real estate.
• Experience managing staff and understanding group consolidations is required.
• Knowledge of US GAAP and Singapore GAAP.

Responsibilities

• Act as primary contact for clients regarding daily operations.
• Review Net Asset Value calculations and investor capital activities.
• Oversee financial audits and statutory reporting.

Skills

Strong knowledge in IFRS

Strong computer skills with Microsoft Office

In-depth understanding of real estate industry

Proficiency with Microsoft Excel

Education

University degree in Finance/Accounting or equivalent

Tools

Yardi accounting software

Job description

Overview

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.

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

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.

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.

MUFG is an equal opportunity employer.