Fund Accountant

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

Job Title

Associate, Fund Accountant (Hybrid Fund)

Job 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

• Responsible to 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).
• Responsible for providing 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 (the “Funds”).
• Preparation of monthly / quarterly / semi‑annual / annual Net Asset Value (the “NAV”) reporting pack which includes : Trial balances and general ledgers, Cash and investment portfolio reconciliation, Expenses accruals (Fund‑related expenses, Fund Administration fees, Management fees, etc), Calculation of (i) Performance fees : incentives fees, carried interests, and / or distribution waterfall and (ii) Clawback calculations, etc, Invoice processing (including handling client’s payments and receipts), Dividend and interest accruals, Partners’ capital statements, management accounts and other deliverables (if required) – Knowing consolidation, a plus, Drafting of financial statements and related International Financial Reporting Standards (“IFRS”) disclosures in accordance with audit standards, Facilitate annual audits of the Funds and liaise with the auditors to ensure timely completion of audit, 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

PwC Professional Skills And Responsibilities

Requirements

Optional Skills

Travel Requirements

Not Specified

Work Visa Sponsorship

No

Government Clearance Required

No

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