Fund Accounting- Team Leader

Responsibilities:

• NAV Delivery & Reconciliation: Lead the team in the accurate and timely delivery of Net Asset Values (NAVs). Perform various types of reconciliations between client's general ledger data and market data providers, including custody, prime brokers, and fund administrators.
• Fund Accounting Operations: Oversee and execute core fund accounting activities, including the accounting of corporate actions, booking of trading and non-trading accruals, pricing of portfolios, and computation and analysis of profit and loss.
• Break Resolution & Coordination: Take responsibility for coordinating with clients and relevant external sources to ensure efficient resolution of reconciliation breaks.
• Hedge Fund Management: Manage open/closed-ended Hedge Funds, specifically focusing on reconciliation and integration of trades for clients.
• GAV/NAV Preparation: Lead the daily, weekly, and monthly preparation of Gross Asset Value (GAV) and NAV, which includes:
• Booking of Capital Activities.
• Performing Market Value Reconciliation.
• Computation of Profit and Loss for various Financial Instruments.
• Expense Accounting.
• Dividend Accrual Reconciliation.
• Bond Coupon Accrual Reconciliation.
• Confirming Trial Balance ledgers tie-up with various sub-ledgers.
• Quality & Compliance: Ensure quality delivery as per standard operating procedures (SOPs) and work effectively under tight deadlines.
• Client & Counterparty Interaction: Interact professionally with clients and counterparties, demonstrating strong written and verbal communication skills.

Required Skills:

• MBA (Finance) or Chartered Accountant qualification.
• Strong understanding and working experience of accounting principles, specifically in Fund Accounting NAV calculation, Performance calculations, and Pricing and valuation of financial instruments.
• Strong working knowledge of a broad range of asset classes, including Equities, Fixed Income, OTC products, and Hedge Funds.
• Proficiency in working with Accounting tools, general ledger packages, valuation tools, and front/back office processing systems.
• Excellent written and verbal communication skills.
• Ability to work under tight deadlines and maintain quality delivery.