Fund Accounting Analyst 1

Citi; Kampung Malaysia Tambahan; Hybrid; MYR 54,000 - 85,000; Full time

Benefits offered by this job

Telehealth and well-being programs

Paid Parental Leave Policy

Learning & development resources

Work-life balance programs

Job summary

Citi in Kuala Lumpur is hiring a Fund Accounting Analyst 1 to support NAV calculations and general ledger activity in a hybrid work model. Fresh graduates or candidates with 1–2 years of experience in fund accounting are welcome, with exposure to AI-enabled automation and modern digital tools.

You will work within our Securities Services Fund Accounting team, handling daily ledger entries, journal adjustments, and risk controls while collaborating with cross-functional colleagues to ensure

Qualifications

• Fresh graduates encouraged to apply; 1–2 years in fund accounting, financial accounting, general ledger, audit, or banking operations
• Solid understanding of double-entry bookkeeping
• Interest in automation, AI, and digital tools to improve accounting workflows
• Proficiency in MS Office applications and Excel functions (VLOOKUP, Pivot)

Responsibilities

• Perform daily ledger entries for trades, settlements, FX conversions, and cash flows
• Post journal adjustments for expenses, fees, accruals, and amortization of premiums/discounts
• Maintain integrity of sub-ledgers and ensure alignment with the master general ledger
• Monitor interfaces and review automated postings to support timely NAV valuations

Skills

Accounting fundamentals

Analytical problem solving

Attention to detail

Communication skills

Education

Bachelor’s degree or equivalent

Tools

Excel

Job description

At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

Shape your Career with Citi

Citi’s Securities Services (SS) supports our clients’ business by drawing on the strength of our unmatched global footprint, which provides them with access to local expertise and scalable solutions to support their ambitions.

We’re currently looking for a high caliber professional to join our team as Officer, Fund Accounting Analyst 1 - Hybrid (Internal Job Title: Fund Accounting Analyst 1 - C09) based in Kuala Lumpur, Malaysia. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.

Employee Benefits

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• (Optional) We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life.

Job Description

The Fund Accounting Analyst (Transaction Control & Ledger Booking) is an entry-level position within the Fund Services team responsible for the accurate accounting treatment, journal entry posting, and ledger reconciliation of all investment transactions across client fund portfolios. Working directly within the Fund Accounting environment, this role ensures that all trade activities, corporate events, cash flows, and fees are correctly recorded in the general ledger and sub-ledgers to support timely and accurate Net Asset Value (NAV) valuations.

We welcome fresh graduates as well as candidates with 1 to 2 years of relevant experience in finance, general accounting, audit, or financial operations who have a solid understanding of double-entry bookkeeping and an active interest in leveraging modern digital tools, automation, and Artificial Intelligence (AI) to enhance accounting workflows.

General Ledger Booking & Journal Entries

• Perform and verify daily ledger entries for buy/sell trades, security settlements, FX conversions, collateral movements, and subscription/redemption cash flows.
• Post accounting journal adjustments for fund expenses, management fees, interest accruals, dividend receivables, and amortization of premiums/discounts.
• Maintain the integrity of fund sub-ledgers and ensure complete alignment with the master general ledger.

Accounting Exception Monitoring & Control

• Actively monitor accounting interface queues, unposted journal batches, and ledger booking suspense accounts.
• Review and analyze automated booking exceptions, failed ledger postings, and invalid accounting rules in the fund accounting system.
• Apply corrective journal entries and adjustments to clear suspense balances and ledger errors prior to daily NAV valuation cut-offs.

Innovation, Digital Tools & AI Adoption

• Explore and utilize Artificial Intelligence (AI) tools, digital assistants, smart macros, and workflow automation to streamline repetitive journal entry bookings, variance analyses, and ledger reconciliation tasks.
• Identify recurring accounting exception patterns and propose automated rule configurations to improve straight-through ledger posting.

Risk & Financial Controls

• Maintain rigorous accounting work papers, journal approval audit trails, and daily control sign-off documentation.
• Ensure strict adherence to accounting policies, standard operating procedures (SOPs), and internal financial controls to safeguard fund assets and regulatory reporting compliance.

Technical & Accounting Knowledge

• Strong foundation in fundamental accounting principles (debits/credits, double-entry bookkeeping, trial balance, P&L, balance sheet, and accrual accounting).
• Familiarity with investment fund accounting concepts (NAV, realized/unrealized gains, income/expense accruals, ledger suspense accounts) is an advantage.
• Proficiency in Microsoft Excel (e.g., VLOOKUP, SUMIFS, Pivot Tables, basic financial formulas) and general MS Office applications.

Digital & AI Interest

• Keen interest or curiosity in Artificial Intelligence (AI), Generative AI tools, and process automation to solve accounting problems and increase operational accuracy.
• Fast learner with the aptitude to master proprietary fund accounting ledger systems.

Core Competencies

• Meticulous attention to detail and high accuracy in numerical and ledger data entry.
• Strong analytical problem-solving skills to investigate ledger variances and out-of-balance entries.
• Ability to work effectively within disciplined daily accounting and NAV deadlines.
• Good written and verbal communication skills; collaborative team player.

Candidate Profile

• Fresh graduates with a strong accounting or finance background are strongly encouraged to apply.
• Candidates with 1 to 2 years of relevant experience in fund accounting, financial accounting, general ledger booking, financial audit, or banking operations are also welcome.
• Bachelor’s degree/University degree or equivalent experience.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Family Group

Operations - Transaction Services

Job Family

Fund Accounting

Time Type

Full time

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