Business Analyst / Fund Accountant

OpusAsset; Kuala Lumpur; On-site; MYR 45,000 - 60,000; Full time

Job summary

OpusAsset is looking for a Business Analyst to join their team in Kuala Lumpur. The ideal candidate will engage with stakeholders to gather requirements, analyze business processes, and develop solutions to improve efficiencies. Candidates should have a bachelor's degree in a related field, preferably with 2-3 years of experience, and a strong understanding of the asset management industry.

Qualifications

• Minimum 2-3 years in a similar role preferred.
• Experience in audit or fund management industry is an advantage.
• Strong knowledge in Asset Management and Fund Accounting.

Responsibilities

• Engage with stakeholders to gather business requirements.
• Conduct analysis and create clear documentation for processes.
• Support project management and testing activities.

Skills

Communication

Attention to Detail

Analytical Thinking

Problem Solving

Education

Bachelor’s degree in Business Management or Computer Science or Accounting

Professional accounting qualifications (ACCA, CIMA, MICPA)

Job description

Business Analyst’s Functions:

• Requirement Gathering: Engage with stakeholders to gather detailed business requirements and understand their needs.
• Analysis: Conduct thorough analysis of business processes, identifying areas for improvement and potential solutions.
• Documentation: Create clear and concise documentation including business requirements, functional specifications, and process flows.
• Solution Design: Develop and propose technical solutions that effectively address business needs while ensuring compatibility with existing systems.
• Project Management: Support project management activities including planning, tracking progress, and ensuring timely delivery of IT solutions.
• Testing: Develop test plans, conduct testing, and validate solutions to ensure they meet business requirements and quality standards.
• Implementation Support: Assist in the implementation of IT solutions, providing support and training to end-users as needed.
• Continuous Improvement: Identify opportunities for process improvements and contribute to the development of best practices.
• Compliance: Ensure that all solutions adhere to industry regulations and organizational policies regarding security and data protection.
• Communication: Maintain effective communication with stakeholders, project teams, and management, ensuring transparency and alignment throughout the project lifecycle.

Fund Accountant’s Functions:

• Fund Accounting and Valuation
• Maintain and reconcile fund accounts on a daily, weekly, or monthly basis.
• Calculate Net Asset Value (NAV) of funds accurately and timely.
• Prepare and ensure accuracy of financial statements and reports.
• Conduct daily and periodic reconciliation of fund data.
• Monitor and process corporate actions and fund transactions.
• Transfer Agency Duties
• Manage investor records, transactions, and communications.
• Process subscriptions, redemptions, and transfers of shares or units.
• Ensure accurate and timely processing of investor transactions.
• Maintain compliance with KYC and AML policies and regulations.
• Coordinate with clients, auditors, and regulatory bodies as necessary.
• Compliance and Controls
• Ensure adherence to all relevant industry regulations and guidelines.
• Implement and maintain robust internal controls to mitigate risks.
• Monitor compliance with company policies and standards.
• Participate in audits and ensure timely resolution of findings.
• Communication and Coordination
• Communicate effectively with clients, colleagues, and stakeholders.
• Provide support and information to clients regarding fund performance and transactions.
• Collaborate with other departments to resolve issues and improve processes.
• Continuous Improvement and Professional Development
• Identify opportunities for process improvements and implement solutions.
• Stay updated with industry trends, regulations, and best practices.
• Participate in relevant training and professional development programs.
• Other General Responsibilities
• To carry out any tasks as assigned from time to time

Qualifications

• Candidate must possess at least a bachelor’s degree in business management, or computer science, or accounting, or professional accounting qualifications such as ACCA, CIMA, MICPA etc.
• Preferably with 2-3 years prior working experience in a similar role.
• Working experience in audit and/or fund management industry is an advantage for this position.
• Creative and Innovative.
• Must be able to articulate and communicate effectively.
• Strong business knowledge in Asset Management industry and Fund Accounting valuation.
• Attention for detail is a must.
• Strict compliance with all applicable deadlines is expected.
• Must be able to multi-task and highly motivated with an ability to take ownership