Fund Accounting Analyst 1

Job Description
At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.
Shape your Career with Citi
Citi’s Securities Services (SS) supports our clients’ business by drawing on the strength of our unmatched global footprint, which provides them with access to local expertise and scalable solutions to support their ambitions.
We’re currently looking for a high caliber professional to join our team as Officer, Fund Accounting Analyst 1 - Hybrid (Internal Job Title: Fund Accounting Analyst 1 - C09) based in Kuala Lumpur, Malaysia. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:
• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• (Optional) We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life.
In this role, you’re expected to:
Job Description
Job Description
The Fund Accounting Analyst (Transaction Control & Ledger Booking) is an entry-level position within the Fund Services team responsible for the accurate accounting treatment, journal entry posting, and ledger reconciliation of all investment transactions across client fund portfolios. Working directly within the Fund Accounting environment, this role ensures that all trade activities, corporate events, cash flows, and fees are correctly recorded in the general ledger and sub-ledgers to support timely and accurate Net Asset Value (NAV) valuations.
We welcome fresh graduates as well as candidates with 1 to 2 years of relevant experience in finance, general accounting, audit, or financial operations who have a solid understanding of double-entry bookkeeping and an active interest in leveraging modern digital tools, automation, and Artificial Intelligence (AI) to enhance accounting workflows.
General Ledger Booking & Journal Entries:
Perform and verify daily ledger entries for buy/sell trades, security settlements, FX conversions, collateral movements, and subscription/redemption cash flows.
Post accounting journal adjustments for fund expenses, management fees, interest accruals, dividend receivables, and amortization of premiums/discounts.
Maintain the integrity of fund sub-ledgers and ensure complete alignment with the master general ledger.
Accounting Exception Monitoring & Control:
Actively monitor accounting interface queues, unposted journal batches, and ledger booking suspense accounts.
Review and analyze automated booking exceptions, failed ledger postings, and invalid accounting rules in the fund accounting system.
Apply corrective journal entries and adjustments to clear suspense balances and ledger errors prior to daily NAV valuation cut-offs.
Innovation, Digital Tools & AI Adoption:
Explore and utilize Artificial Intelligence (AI) tools, digital assistants, smart macros, and workflow automation to streamline repetitive journal entry bookings, variance analyses, and ledger reconciliation tasks.
Identify recurring accounting exception patterns and propose automated rule configurations to improve straight-through ledger posting.
Risk & Financial Controls:
Maintain rigorous accounting work papers, journal approval audit trails, and daily control sign-off documentation.
Ensure strict adherence to accounting policies, standard operating procedures (SOPs), and internal financial controls to safeguard fund assets and regulatory reporting compliance.
Technical & Accounting Knowledge:
Strong foundation in fundamental accounting principles (debits/credits, double-entry bookkeeping, trial balance, P&L, balance sheet, and accrual accounting).
Familiarity with investment fund accounting concepts (NAV, realized/unrealized gains, income/expense accruals, ledger suspense accounts) is an advantage.
Proficiency in Microsoft Excel (e.g., VLOOKUP, SUMIFS, Pivot Tables, basic financial formulas) and general MS Office applications.
Digital & AI Interest:
Keen interest or curiosity in Artificial Intelligence (AI), Generative AI tools, and process automation to solve accounting problems and increase operational accuracy.
Fast learner with the aptitude to master proprietary fund accounting ledger systems.
Core Competencies:
Meticulous attention to detail and high accuracy in numerical and ledger data entry.
Strong analytical problem-solving skills to investigate ledger variances and out-of-balance entries.
Ability to work effectively within disciplined daily accounting and NAV deadlines.