Manager - Fund Accounting

Krypton Fund Services; Kuala Lumpur; Hybrid; MYR 80,000 - 110,000; Full time

Job summary

A leading fund services company based in Kuala Lumpur is seeking a Manager - Fund Accounting for a full-time hybrid role. The ideal candidate will have over 8 years of fund accounting experience, with at least 3 years in a supervisory capacity. Responsibilities include overseeing fund accounting operations, preparing financial statements, and ensuring compliance with standards. Proficiency in Microsoft Office is essential, along with strong analytical and problem-solving skills. This role offers a flexible work environment and a focus on client service.

Qualifications

• 8+ years of relevant work experience in fund accounting.
• 3+ years of experience in a supervisory role.
• Proficient in Microsoft Office, especially Excel.

Responsibilities

• Oversee day-to-day fund accounting operations.
• Prepare financial statements and calculate NAV.
• Reconcile investment portfolio holdings and cash balances.

Skills

Fund accounting

Microsoft Office proficiency

Analytical skills

Problem-solving

Communication skills

Education

Bachelor’s degree in accounting

Job description

Krypton Fund Services is a professional boutique fund services company dedicated to delivering excellent client service with a focus on tailored solutions. Our client-centric approach emphasizes accountability and service excellence. Krypton provides a wide range of services, including regulatory reporting, fund administration, registrar and transfer agent services, as well as project management and setup. Our clients consist primarily of family offices, investment funds, and private and special purpose vehicles in the alternative investment sector.

Role Description

This is a full-time hybrid role as a Manager - Fund Accounting, based in WP. Kuala Lumpur, with flexibility to work from home on occasion. The Manager - Fund Accounting will oversee day-to-day fund accounting operations, ensure the preparation of financial statements, calculate NAV, and maintain compliance with accounting and financial reporting standards. The role also involves ensuring the accuracy and timeliness of deliverables, managing client interactions, and coordinating with internal teams to meet organizational goals.

Duties and responsibilities

• Reconcile the fund's investment portfolio holdings and cash balances with custodian statements and the investment manager.
• Price securities within the investment portfolio in accordance with the pricing policy and analyze significant price discrepancies through research on Bloomberg or Reuters.
• Calculate the management and performance fees due to the investment manager.
• Calculate and accrue all fees, as well as any income and expense items.
• Allocate income and expenses and determine the net asset value of each class and series of shares on each valuation date.
• Coordinate the request and prioritization process for enhancements, issues, and modifications within the accounting systems.
• Ensure that client needs are met promptly and completely, taking corrective action when service levels do not meet standards.
• Maintain communication with internal stakeholders to guarantee we are addressing their needs and providing consistent, high-quality service.
• Foster strong working relationships and open communication with internal stakeholders.
• Support the Head of Operations and senior management in developing and implementing SOC 1 internal controls.
• Assist with new client launches and transitions.
• Commit to delivering a high level of client service.
• Prepare and review financial reporting NAV packages.

Qualifications Required

• A bachelor’s degree in accounting or equivalent professional qualification.
• At least 8 years’ relevant work experience, particularly fund accounting experience in the fund administration industry, with at least 3 years in a supervisory role.
• Proficient in the use of Microsoft Office (Excel, Word, Outlook).
• Proactive, detail oriented, and able to identify and resolve issues independently.
• Able to communicate professionally both written and verbally.
• Organized, able to multi-task, and work under pressure to meet deadlines in a team environment.
• Strong analytical and problem-solving skills.
• Candidates with lesser experience will be considered for an Associate Manager role.