Job Information
Citigroup AVP, Middle Office Accounting Manager in Kuala Lumpur, Malaysia
The Fund Accounting Manager is a key leadership role within Investor services function, responsible for overseeing the accurate and timely delivery of Net Asset Value (NAV) calculations and financial reporting for a portfolio of client funds. This role involves managing a team of fund accountants, ensuring compliance with regulatory standards and client service level agreements (SLAs), and driving process improvements to enhance efficiency and accuracy.
Key Responsibilities:
NAV Oversight and Delivery:
Manage the end-to-end NAV calculation process for various fund types
Ensure the accuracy of daily, weekly, and monthly NAVs, including the verification of pricing, corporate actions, and expense accruals.
Review and approve final NAV packages before dissemination to clients and relevant parties.
Resolve complex accounting issues and discrepancies in a timely manner.
Team Management and Development:
Lead, mentor, and develop a team of fund accountants, providing regular feedback, coaching, and performance management.
Manage team workflow, allocate resources effectively, and ensure deadlines are met.
Foster a culture of accuracy, accountability, and continuous improvement within the team.
Conduct training sessions on new regulations, accounting standards, and internal policies.
Client Relationship Management:
Serve as a key point of contact for clients regarding all accounting and NAV-related inquiries.
Maintain strong relationships with clients, ensuring their needs are met and service expectations are exceeded.
Lead client meetings to discuss NAV performance, operational issues, and new requirements.
Process Improvement and Risk Management:
Identify and mitigate operational risks within the fund accounting process.
Proactively identify opportunities for process enhancements, automation, and efficiency gains.
Lead and participate in projects related to system upgrades, new client onboarding, and regulatory changes.
Qualifications:
Education: Bachelor’s degree in Accounting, Finance, or a related field is required.
Experience:
Minimum of 6-8 years of experience in fund accounting or investment accounting.
Proven experience in a managerial or supervisory role, with a track record of leading and developing teams.
Extensive knowledge of various financial instruments, investment strategies, and fund structures.
Work Hours – Start by 7/8/9am-4/5/6pm ( variation of these shift timings)
This role handles APAC region mainly Australia
Candidate will require to work on Malaysian Public Holiday unless prior approval given
Skills and Competencies:
Technical Skills:
Proficiency with fund accounting software (e.g., Multifonds, Geneva) and Microsoft Office Suite (especially Excel).
Strong understanding of the trade lifecycle and the impact of corporate actions.
Leadership and Management:
Excellent leadership and team management skills.
Ability to motivate and develop staff.
Communication:
Strong written and verbal communication skills.
Ability to articulate complex issues clearly and concisely to clients and senior management.
Analytical and Problem-Solving:
Exceptional analytical skills and attention to detail.
Proven ability to solve complex problems and make sound judgments.
Client Focus:
Demonstrated commitment to delivering high-quality client service.
Job Family Group:
Operations - Transaction Services
Job Family:
Fund Accounting
Time Type:
Full time
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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