Fund Accountant – Alternative Investments

About the role

PwC is seeking an Associate Fund Accountant to join its Tax Services team in Kuala Lumpur. You will support alternative investment funds, including private equity, venture capital, real estate, and fund‑of‑funds, by delivering high‑quality accounting, reporting, and fund administration services.

Key responsibilities

• Onboard new clients and set up fund structures in the accounting system according to governing documents.
• Prepare monthly, quarterly, semi‑annual and annual Net Asset Value (NAV) reporting packs, including trial balances, cash and investment reconciliations, expense accruals, performance fee and clawback calculations.
• Process invoices, handle client payments and receipts, and manage dividend and interest accruals.
• Draft financial statements and IFRS disclosures, and facilitate annual audits by liaising with auditors.
• Maintain shareholder/investor registers, calculate capital calls, distributions, redemptions and share transfers, and ensure AML compliance.
• Manage commitment agreements, subscription forms, and monitor drawdowns and uncalled commitments.

Required profile

• Associate‑level experience in fund accounting or related finance functions.
• Familiarity with alternative investment fund structures (closed‑ended, evergreen, fund‑of‑funds).
• Understanding of audit processes and AML documentation requirements.

Required skills

• International Financial Reporting Standards (IFRS) knowledge.
• Audit facilitation and coordination.
• AML compliance procedures.
• Fund accounting and NAV calculation.
• Performance fee, carried interest and clawback computation.

What we offer

• Opportunity to work with a leading global professional services firm.
• Exposure to a diverse portfolio of alternative investment funds.
• Professional development through PwC’s global leadership framework.