Full time
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ResponsibilitiesResponsible for the submission of the daily investment income report to the internal stakeholders including the Chief Financial Officer and the Chief Investment Officer;
Ensure the efficiency of the financial operations in line with the SOP and policies of KWAP including the maintenance of SOP, LOAs, other operational-related documents, and document management;
Ensure proper fund accounting in the system, monthly analysis, and reconciliation of investment income records, to ensure accuracy between the financial reported numbers and supporting documents;
Establish and maintain a chart of accounts as well as provide technical advice on accounting treatment in order to ensure compliance with the approved policies, procedures, and also accounting standards;
Assist in the setting up of new accounting setup/rules etc for new investment products, new portfolios, and others, and perform UAT before being roll-out in the Production Environment;
Review and post the interfaced accounting transactions from the investment system in the accounting system;
Assist the financial reporting team in the finalization of the Annual Financial Statements, specifically on the Gross Income level and investment transactions;
Liaise with external auditors and internal stakeholders and participate in various process improvements and new business initiatives when needed.
RequirementsMinimum Bachelor's Degree or equivalent qualification in Finance, Accounting, Banking, Business Studies, or any related fields;
Minimum 10 years of relevant experience in the accounting operations and finance field;
Strong technical, analytical, and problem-solving skills;
Computer literate with knowledge in Microsoft Office;
Good interpersonal, communication, and negotiation skills;
Highly motivated and able to work in groups or individually.
About KWAPKumpulan Wang Persaraan (Diperbadankan) ("KWAP") or the Retirement Fund (Incorporated) was established on 1st March 2007 under the Retirement Fund Act 2007 (Act 662) replacing the repealed Pensions Trust Fund Act 1991 (Act 454).
The objective of KWAP is to manage the fund towards achieving optimum returns on its investments, assisting the Federal Government in financing its pension liability.
FunctionsThe functions of KWAP include management of contributions from the Federal Government, Statutory Bodies, Local Authorities and other Agencies; and administration, management, and investment of the Fund in equity, fixed income securities, money market instruments and other forms of investments as permitted under the Retirement Fund Act 2007 (Act 662).#J-18808-Ljbffr