Vice President, Funds Accounting

Kenanga Investment Bank Berhad; Kuala Lumpur; On-site; MYR 180,000 - 300,000; Full time

Job summary

Kenanga Investment Bank Berhad in Kuala Lumpur is seeking a senior leader to oversee the Fund Accounting Reporting team, ensuring timely regulatory submissions and compliance across funds.

You will drive tax reporting, assist with management reporting, and champion automation and process improvements while mentoring a skilled team of fund accountants.

Qualifications

• Bachelor's degree in accounting/finance/economics or related field.
• Professional accounting qualification (ACCA, CPA, ICAEW, CIMA) is advantageous.
• 8–15 years of experience in Fund Accounting/Reporting/Asset Management.
• Experience in regulatory reporting and fund tax compliance.
• Strong knowledge of Unit Trust Funds and PRS.
• Experience leading reporting automation or system enhancements.
• Proven people management and leadership skills.
• Excellent stakeholder management and communication skills.
• High attention to detail and accuracy.
• Project management and process improvement capabilities.

Responsibilities

• Oversee timely preparation and submission of regulatory reports (monthly, AUM, audited reports).
• Ensure all reports comply with regulatory and statutory requirements.
• Design, implement, and review fund tax provisioning methodologies.
• Lead fund tax audits by regulators and tax agencies.
• Drive reporting projects and automation initiatives to improve efficiency and controls.
• Monitor team performance and oversee staff development plans.
• Provide coaching, mentoring, and guidance to direct reports.
• Foster a high-performance and collaborative work environment.

Skills

Leadership

Stakeholder management

Analytical thinking

Problem solving

Project management

Process improvement

People management

Coaching

Mentoring

Communication skills

Attention to detail

Education

Bachelor's degree in accounting/finance/business/economics

Professional accounting qualification (ACCA/CPA/ICAEW/CIMA)

Job description

To oversee and lead the Fund Accounting Reporting team in ensuring the timely submission of regulatory reports and compliance with all regulatory requirements. The role is also responsible for internal management reporting, fund tax compliance and reporting, reporting automation initiatives, and ad hoc fund valuation activities as required.

Key Responsibilities

Regulatory Reporting

Oversee and ensure the timely preparation and submission of:

Monthly statistical reports.

Monthly and half-yearly Assets Under Management (AUM) reports.

Audited annual reports for Unit Trust Funds and Private Retirement Schemes (PRS)/Retirement Private Mandates.

Ad hoc reporting requests from regulators.

Ensure all reports comply with regulatory and statutory requirements.

Tax Compliance & Reporting

Design, implement, and periodically review fund tax provisioning methodologies.

Lead and manage fund tax audits conducted by regulatory authorities and tax agencies.

Maintain up-to-date knowledge of Unit Trust Fund and Private Retirement Scheme tax regulations.

Ensure accurate and timely tax reporting and compliance for all funds.

Projects & Process Improvement

Act as a key committee member in reporting-related projects by contributing ideas, strategies, and recommendations for future reporting requirements.

Review and provide input on reporting requirements during project development and implementation stages.

Drive reporting process improvements and automation initiatives to enhance efficiency, accuracy, and controls.

People Management

Monitor team performance and oversee staff development plans.

Address employee performance, disciplinary, and other people-related matters.

Provide coaching, mentoring, and guidance to direct reports.

Foster a high-performance and collaborative work environment.

Learning & Development

Participate in relevant internal and external training programs.

Continuously update professional knowledge through self-learning, research, and industry developments.

Job Requirements

Education

Bachelor's Degree in Accounting, Finance, Business, Economics, or a related discipline.

Professional accounting qualification (e.g., ACCA, CPA, ICAEW, CIMA) is an added advantage.

Minimum 8 years of relevant experience in Fund Accounting, Fund Reporting, Asset Management, or Fund Management industries.

Experience in regulatory reporting and fund tax compliance.

Strong knowledge of Unit Trust Funds and Private Retirement Schemes (PRS).

8 to 15 years of experience in the fund management industry.

Experience in designing and implementing processes related to Net Asset Value (NAV) calculation and fund reporting.

Experience leading reporting automation, transformation, or system enhancement projects.

Prior people management and team leadership experience.

Strong analytical and problem-solving skills.

Excellent stakeholder management and communication skills.

Strong knowledge of regulatory requirements applicable to fund management companies.

High attention to detail and accuracy.

Project management and process improvement capabilities.

Leadership, coaching, and mentoring skills.

We are an established investment bank that offers a variety of financial products and services. Our range of products and services include corporate finance, corporate and investment banking, equity broking, equity and debt capital markets, equity derivatives and structured products, private equity, treasury and the provision of investment research and advisory services.We strongly believe in investing for the future and the next stage of growth.

We are an established investment bank that offers a variety of financial products and services. Our range of products and services include corporate finance, corporate and investment banking, equity broking, equity and debt capital markets, equity derivatives and structured products, private equity, treasury and the provision of investment research and advisory services.We strongly believe in investing for the future and the next stage of growth.