Job Description
Inviting applications for the role of Process Developer/Management Trainee/ Assistant Manager/Manager - Fund Accounting!
The role will be primarily responsible for handling all Accounting operations within the Fund accounting department which includes NAV Calculations, Capstock reporting, Pricing, Corporate Actions. Ensure NAV calculations are produced in a timely manner as per SLA. Should be able to handle different types of instruments and understand their impact on NAV. Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
Responsibilities
Daily NAV Calculation: Calculate and validate Net Asset Value (NAV) for assigned funds on a daily, weekly, or monthly basis.
Ensure accurate pricing of portfolio securities.
Transaction Processing: Record and reconcile trades, income, expenses, corporate actions, and other cash/position movements.
Reconciliations: Perform and resolve cash, position, and market value reconciliations between fund records and custodians/brokers.
Financial Reporting: Prepare periodic financial reports.
Investor Reporting: Generate and distribute investor capital statements, performance reports, and tax documents.
Compliance & Controls: Ensure all processes are compliant with internal policies and regulatory standards.
Monitor and document internal controls.
Process Improvement: Identify inefficiencies in workflows and participate in process improvement or automation initiatives.
Client & Stakeholder Management: Communicate with clients, custodians, fund managers, and internal teams to resolve queries.
Ensure timely escalation and resolution of issues.
Experience of applications like Global Plus, AddVantage & Trust Desk applications would have added advantage.
Qualifications we seek in you!
Minimum Qualifications
Any Graduate (PG an added advantage)
Effective probing & root cause analysis skills
Preferred Qualifications/ Skills
Relevant work experience in an Associate role is a must. Previous experience in amiddle/back office in Financial services firm.