Fund Accountant

PwC Malaysia; Kuala Lumpur; On-site; MYR 40,000 - 60,000; Full time

Job summary

A leading professional services firm in Kuala Lumpur is looking for a Fund Accountant with experience in alternative investment fund administration. The successful candidate will onboard clients, prepare comprehensive NAV reports, and facilitate annual audits while liaising with stakeholders. Ideal applicants will have a degree in accounting or economics, relevant certifications, and strong analytical skills. Candidates should also possess advanced Microsoft Excel capabilities and excellent communication skills in English, with Mandarin as a bonus.

Qualifications

• 2 years of experience in alternative investment fund administration or Big 4 audit firms.
• Knowledge of asset, wealth management, and fund operations.
• Expertise in IFRS and accounting for investment products.

Responsibilities

• Onboard new clients into the accounting system.
• Prepare NAV reports and draft financial statements.
• Facilitate audits and resolve accounting issues.

Skills

Accounting knowledge

Team spirit

Analytical thinking

Communication skills

Attention to detail

Education

Bachelor's degree in Accounting or Economics

Relevant accounting certifications (e.g., ACCA, CPA)

Tools

Microsoft Excel

MS Word

MS PowerPoint

Allvue/Investran/eFront

Job description

PwC Malaysia – Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Fund Accountant

Job Description & Summary

At PwC, our people in tax services focus on providing advice and guidance to clients on tax planning, compliance, and strategy. These individuals help businesses navigate complex tax regulations and optimise their tax positions. Those in tax compliance at PwC will focus on validating clients' compliance with tax laws and regulations. You will review and analyse financial data, prepare and file tax returns, and assist businesses in meeting their tax obligations while minimising risks of non‑compliance.

Responsibilities

• Onboard new clients and set‑up new funds and fund structures into the accounting system in accordance to governing documents (i.e., PPM, LPA, etc).
• Provide quality accounting/bookkeeping and fund administration service for closed‑ended/evergreen Alternative Investments Funds (Private equity/Venture Capital/Real Estate and Fund‑of‑funds) including family offices.
• Prepare monthly/quarterly/semi‑annual/annual Net Asset Value (NAV) reporting pack which includes trial balances and general ledgers, cash and investment portfolio reconciliation, expenses accruals, calculation of performance fees and clawback, invoice processing, dividend and interest accruals, partners’ capital statements, management accounts and other deliverables.
• Draft financial statements and related IFRS disclosures in accordance with audit standards.
• Facilitate annual audits of the Funds and liaise with auditors to ensure timely completion.
• Assist senior fund accountants to take care of day‑to‑day operation of the funds which includes resolving accounting issues and client service matters.

Transfer Agency Services

• Maintain the shareholder/investor register.
• Prepare capital call/distribution/redemption/conversion/share transfer calculations and process these in a timely manner.
• Co‑ordinate documentation for capital activities to ensure AML compliance alongside AML analyst.
• Manage commitment agreements and subscription forms including monitoring of commitments, drawdowns, and uncalled commitments.

Professional Skills and Responsibilities for this Management Level

• Use feedback and reflection to develop self‑awareness, personal strengths and address development areas.
• Delegate to others to provide stretch opportunities, coaching them to deliver results.
• Demonstrate critical thinking and the ability to bring order to unstructured problems.
• Use a broad range of tools and techniques to extract insights from current industry or sector trends.
• Review your work and that of others for quality, accuracy and relevance.
• Know how and when to use tools available for a given situation and can explain the reasons for this choice.
• Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
• Use straightforward communication, in a structured way, when influencing and connecting with others.
• Able to read situations and modify behavior to build quality relationships.
• Uphold the firm's code of ethics and business conduct.

Requirements

• Bachelor and/or master’s degree in accounting or economics.
• At least 1 to 2 years of relevant experience in alternative investment fund administration or any Big 4 audit firms.
• Knowledge and understanding of the asset, wealth and management fund industry landscape and operations.
• Knowledge in accounting for investment products, ideally with fund‑of‑funds, single‑manager funds, venture capital, real estate and private equity funds.
• Competent accounting knowledge in IFRS.
• Professional, confident, and highly motivated self‑starter, with an ability to handle multiple engagements/projects in a fast‑paced environment with tight deadlines.
• Possess strong values, personal integrity and emotional intelligence.
• Meticulous attention to detail, analytical and enquiring mind‑set.
• Team spirit, capacity to build strong client relationships and take initiative to act without waiting for direction.
• Advanced level Microsoft Excel, proficient with MS Word, MS PowerPoint.
• Knowledge and prior experience on Allvue/Investran/eFront, a plus.
• Good verbal and written communication skill in English, additional proficiency in Mandarin an advantage.

Preferred Education

Degree in accounting, finance or related fields.

Certifications

Relevant accounting certifications (e.g., ACCA, CPA) a plus.

Travel Requirements

Not Specified.

Visa Sponsorship

No

Government Clearance Required

No