Fund Accountant – Associate / Senior Associate (Malaysia)

The ASCENT Group Ltd.; Kuala Lumpur; Hybrid; MYR 60,000 - 120,000; Full time

Benefits offered by this job

Attractive remuneration package

Hybrid working arrangement

Medical and hospitalization coverage

Annual leave entitlement of 23 days

Team bonding activities

Job summary

A global financial services group based in Malaysia seeks an Associate/Senior Associate - Fund Accountant. The role involves delivering fund accounting and valuation services, ensuring accuracy and compliance while collaborating with internal teams. Candidates should have an accounting degree or relevant qualifications, along with experience in fund accounting or financial services. The position offers appealing benefits, including a hybrid working arrangement and opportunities for professional growth.

Qualifications

• Experience in fund accounting, audit, or related financial services role.
• Fresh graduates with relevant academic background are encouraged to apply.
• Strong attention to detail and ability to meet agreed deadlines.

Responsibilities

• Process security, cash, and corporate action transactions for fund portfolios.
• Perform daily, monthly, and periodic portfolio valuations.
• Respond to internal and client-related enquiries in a timely manner.
• Supervise and train junior staff at Senior Associate level.

Skills

Attention to detail

Communication skills

Microsoft Word proficiency

Microsoft Excel proficiency

Education

Degree in Accounting, Finance, Actuarial Science, or related discipline

Professional accounting qualification (in progress)

Tools

Paxus

Job description

Associate / Senior Associate – Fund Accountant (Malaysia)

As a Fund Accountant, you’ll support the delivery of fund accounting, valuation, and reporting services for alternative investment funds, ensuring accuracy, timeliness, and compliance as part of a collaborative operations team.

Ascent Fund Services (The Ascent Group) is part of KFin Technologies Limited , a global, technology-led financial services group listed on the National Stock Exchange of India. KFintech delivers scalable digital platforms and fund services to investment managers, asset owners, and intermediaries across major financial markets worldwide.

Ascent provides a comprehensive range of fund administration services across alternative investment strategies, including hedge funds, private equity, venture capital, digital asset, and other specialised fund structures.

About This Role

As an Associate / Senior Associate – Fund Accountant, you will support the delivery of fund accounting and valuation services across a portfolio of alternative investment funds. You will work closely with internal teams to process transactions, perform reconciliations, prepare financial reports, and respond to operational and internal enquiries.

At Senior Associate level, the role includes additional responsibility for reviewing work, supervising junior team members, and supporting the overall quality and timeliness of fund deliverables.

Reporting to: Account Manager (or equivalent)

What You’ll Be Responsible For

Fund Accounting & Valuations

• Process security, cash, and corporate action transactions for fund portfolios
• Perform daily, monthly, and periodic portfolio valuations
• Reconcile portfolio positions between brokers, custodians, and in-house systems
• Prepare and review financial statements as required

Operational & Regulatory Support

• Ensure timely and accurate portfolio calculations in line with fund specifications
• Support compliance with regulatory and client reporting requirements
• Perform detailed reviews of portfolio calculations, including for digital asset and Web3 funds

Internal Collaboration & Team Support

• Respond to internal and client-related enquiries in a timely and professional manner
• Support day-to-day operational and administrative activities within the fund accounting team
• Supervise and train junior fund accounting staff (Senior Associate level and above)

What You’ll Bring

• Degree in Accounting, Finance, Actuarial Science, or a related discipline, or currently pursuing a professional accounting qualification.
• Experience in fund accounting, audit, or a related financial services role.
• Fresh graduates with relevant academic background are encouraged to apply.
• Strong attention to detail and ability to meet agreed deadlines.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Word and Excel; experience with fund accounting systems (e.g. Paxus) is an advantage.

Nice to Have

• Prior experience supporting digital asset, Web3, or complex alternative investment funds.
• Proactive, adaptable, and comfortable working in a fast-paced environment.
• Willingness to take on new challenges and responsibilities.

What We Offer

• Attractive remuneration package.
• Hybrid working arrangement.
• Structured learning and development opportunities.
• Exposure to a wide range of alternative investment funds.
• Collaborative, performance-driven team environment.
• Medical and hospitalisation coverage.
• Annual leave entitlement of 23 days per annum.
• Season parking.
• Team bonding activities, annual dinners, and team-building events.

Apply for this Role

We’re looking for motivated professionals ready to make an impact. Submit your application below to take the next step with The Ascent Group.

We’re always growing across our global offices, with opportunities for professionals at every stage of their careers. Visit our Careers page to discover the role that’s right for you.