Associate/Senior Associate, Fund Accounting

Vistra; Kuala Lumpur; On-site; MYR 67,000 - 112,000; Full time

Benefits offered by this job

Hybrid working

Birthday leave

Medical insurance

Dental coverage

Wellness allowance

Annual leave entitlement

Job summary

Vistra in Kuala Lumpur is hiring an Associate/Senior Associate, Fund Services to join a growing team. Reporting to the Assistant Manager/Manager, you will handle accounting and administration for private equity real estate funds and investment holding entities, and serve as primary client contact.

The role requires a degree in accountancy or finance and at least three years of relevant experience, with knowledge of IFRS/US GAAP and strong Excel/Word skills.

Qualifications

• Minimum 3 years relevant working experience.
• Sound knowledge of Singapore FRS/IFRS and US GAAP.
• Strong prioritizing ability and organizational skills.
• Private Equity/Real Estate or fund industry experience preferred but not mandatory.

Responsibilities

• Responsible for accounting and administration of private equity real estate funds and investment holding entities.
• Primary client service contact for assigned client accounts and respond to requests promptly.
• Prepare stand-alone and consolidated management accounts and schedules.
• Draft annual financial statements and co-ordinate annual audits.
• Process capital calls and distributions; perform fee calculations.
• Calculate NAV and prepare investor statements.

Skills

Prioritization

Organizational skills

Analytical thinking

Independence

Education

Degree in accountancy/finance

CPA/ACCA/ACA

Tools

Microsoft Excel

Microsoft Word

Job description

It’s never been a more exciting time to join Vistra.

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as Associate/Senior Associate, Fund Services. Reporting to the Assistant Manager/Manager, Fund Services, this full-time and permanent position is based in Bangsar South, Kuala Lumpur and offers regional coverage, allowing you to make a significant impact to our Fund Services and its’ growth.

Key responsibilities

• Responsible for the accounting and administration of private equity real estate funds and investment holding entities.
• Be the primary client service contact for assigned client accounts. Respond promptly to client requests. Strengthen client relationships
• Prepare stand-alone and consolidated management accounts and schedules
• Draft annual financial statements and related FRS/IFRS/US GAAP disclosures. Co-ordinate annual audits.
• Process capital calls and distributions. Perform management fee and incentive fee calculations
• Calculate investor and fund NAV and prepare investor statements
• Understand fund documents and ensure fund’s compliance with relevant terms.
• Monitor/adhere to Singapore regulatory deadlines for quarterly GST, annual and tax filings
• Coordinate with colleagues in other Vistra offices on client deliverables
• Coordinate with clients’ other service providers, including offshore accountants, asset/property managers, auditors and banks to ensure smooth service delivery
• Onboard funds to Yardi and coordinate with internal service team on client specific requirements. Participate in implementation of new functionality
• Undertake general administration and other projects as assigned

Key requirements

• Private Equity/Real Estate or prior Fund Industry experience is preferred but not mandatory
• Minimum 3 years relevant working experience.
• Degree in accountancy (CPA/ACCA/ACA ) or finance or equivalent
• Sound knowledge of Singapore FRS/IFRS and US GAAP.
• Strong working knowledge of EXCEL and MS Word.
• Strong prioritizing ability and organizational skills
• Analytical, meticulous and systematic in approach to work
• Ability to meet deadlines, work under pressure and multi-task
• Independent and resourceful.
• Self motivated, diligent, positive working attitude and strong desire to learn.

Company Benefits

• At our Malaysia office, we believe in putting our employees’ well-being first! We offer a flexible hybrid working arrangement and birthday leave.
• Additionally, we provide comprehensive medical insurance and dental coverage, wellness allowance and competitive annual leave entitlement to support your well-being and time to recharge or explore your passions out of work.
• As advocates of continuous learning and professional development, we provide an internal mentorship program and reimburse professional membership fee for certifications like CA, or ACCA, ensuring you stay ahead in your field.

Unlock job insights

Hirer responsiveness Salary match Number of applicants

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a senior associate?
• Which of the following Microsoft Office products are you experienced with?
• How many years' experience do you have in the real estate industry?
• Do you have customer service experience?
• How many years of accounting experience do you have?

Business Support Services More than 10,000 employees

It’s never been a more exciting time to join our organisation. Tricor and Vistra have now merged to form one organisation, which means we’re now a powerhouse of over 9000 colleagues in 50+ jurisdictions across the globe. We’re seizing the opportunity to create a purpose-led organisation that will unlock significant value for our business, our clients, and our people.

It’s never been a more exciting time to join our organisation. Tricor and Vistra have now merged to form one organisation, which means we’re now a powerhouse of over 9000 colleagues in 50+ jurisdictions across the globe. We’re seizing the opportunity to create a purpose-led organisation that will unlock significant value for our business, our clients, and our people.