Associate - Reconciliation

Krypton Fund Services; Kuala Lumpur; On-site; MYR 67,000 - 100,000; Full time

Job summary

Krypton Fund Services (Malaysia) is seeking a detail-oriented Reconciliation Analyst to perform daily to monthly reconciliations across diverse financial products. You will ensure accuracy in pricing, corporate actions, and balance verifications, while escalating issues promptly.

The role requires a 2+ year background in fund accounting, strong Excel skills, and solid knowledge of investment products and markets.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related discipline is required.
• ACCA/ACA certification preferred.
• At least 2 years’ experience in fund accounting or financial services.
• Solid understanding of investment products, fund structures, and markets.
• Proficiency in fund accounting systems and advanced Microsoft Excel.
• Strong analytical, problem-solving, and organizational skills.
• Effective communication and interpersonal abilities.

Responsibilities

• Prepare daily, weekly, and monthly reconciliations for clients across all products per SLAs.
• Identify and resolve discrepancies; escalate as needed.
• Monitor and analyze pricing of portfolio positions for accuracy.
• Process and verify corporate action events.
• Investigate open breaks and coordinate with internal/external parties.
• Detect deviations and backlogs; communicate findings to Back Office team.
• Support ad-hoc projects and new reconciliation initiatives.
• Escalate unresolved items to Line Manager promptly.
• Assist in developing robust controls to mitigate operational risk.
• Support Day and Night shift coverage.

Skills

Fund accounting

Financial markets

Excel

Analytical thinking

Time management

Communication

Education

Bachelor's degree in Accounting/Finance

ACCA/ACA certification

Tools

Fund accounting software

Job description

Primary Responsibilities:

• Prepare daily, weekly, and monthly cash, position, and trade reconciliations for Krypton clients across all financial products, in accordance with service level agreements (SLAs).


• Identify and resolve discrepancies including missing balances, trial balance variances, and proof differences. Provide escalation and support for senior reconciliation analysts as needed.


• Monitor and analyze pricing of portfolio positions at agreed intervals, ensuring accuracy and timeliness.


• Process and verify corporate action events affecting client portfolios.


• Investigate open breaks and collaborate with internal teams and external stakeholders to ensure timely resolution.


• Detect reconciliation deviations and backlogs, and communicate findings to the Back Office (BO) team.


• Support ad-hoc projects and contribute to new initiatives within the reconciliation team.


• Escalate unresolved items to the Line Manager in a timely manner.


• Assist in developing and implementing robust control mechanisms to mitigate operational risks within the reconciliation unit.


• Support operational coverage for Day and Night shifts.

Qualifications & Skills:

• Bachelor’s degree in Accounting, Finance, or a related discipline.


• Professional certification (e.g., ACCA, ACA) is preferred.


• Minimum of 2 years’ experience in fund accounting or financial services.


• Strong understanding of investment products, fund structures, and financial markets.


• Proficiency in fund accounting systems and advanced Microsoft Excel skills.


• Excellent analytical and problem-solving abilities.


• Strong organizational skills with the ability to prioritize and meet tight deadlines.


• Effective communication and interpersonal skills.