Fund Accounting Manager

Hi Candidates,

Greetings from Adecco group

Please find attached JD and Company profile for your reference.

Opening is with a leading Custody Services company for Fund Accounting role

Job Description



SECTION 3: KEY RESPONSIBILITIES

A list of critical responsibilities and accountabilities attached to this role

Hands-on experience and knowledge of various Mutual fund related reconciliations like Bank, position, subscription, switch reconciliations.

Manage daily operations of entire fund accounting activities for specific client/s and ensure stringent adherence to regulatory requirements

Responsible for investment operation activities comprising portfolio valuation, multicurrency portfolio accounting, income and expense accrual, dividend distribution etc.

To independently handle year end Audit and finalization of Annual Financials in liaison with statutory auditor and client

To perform valuation of securities related activities based on Regulation / Clients Valuation Policy

Support operational aspects of the Funds, including cash management and reporting, liquidity, income collection, class actions, trade settlement and dividend tax reclaims. Coordinate as necessary with Portfolio Managers, and third-party service providers

Ensure all transactions meet appropriate requirements and complete trade processing accurately and timely according to market and client specific requirements and deadlines

Independent coordination with various auditors and ensure NIL adverse observations

Responsible for adherence to various timelines w.r.t. prevalent regulations and requirements specific to client

Maintain and nurture relationship with assigned clientele, understand client requirement, pro-actively explore feasibility and address them deftly to ensure client delight

Responsible for the development of new product solutions and identification of product gaps in the current product offering, as well as strategically developing or enhancing them, which includes establishing the appropriate governance and risk framework. Periodic review of various control parameters and report gaps to senior management

Periodic review, maintenance and compliance of client SLA. Drawing up SLA for prospective clients across lines of business pertaining to Fund Administration

People Management

Evaluate performance of team members, provide feedback on an ongoing basis, identify development needs and mentor them to ensure ongoing capability development.

Ensure clarity of individual roles and appropriate delegation of responsibility within team members in the department.

General Management

Create team level objectives, goals and action plan for the year by cascading the organizational and departmental goals & objectives

Coordinate audits for the department for various regulatory purposes and ensure compliance with all norms

SECTION 4: KNOWLEDGE, EXPERIENCE & SKILLS

Minimum qualification, work experience, technical skills and capabilities which are essential to execute the role

Educational Qualification

Chartered Accountant/ MBA / CFA / Any bachelors degree

Overall Work Experience

2+ years relevant work experience in Mutual Fund Operations/Mutual fund reconciliations/ Investment Operations

Other Technical/Behavioral Skills

User knowledge of Multifonds would be an additional advantage.

SECTION 5: KEY INTERACTIONS

External and internal interactions essential in this role

Internal

IT-Team / Custody Team

External

Client / System Vendor / Registrar and Transfer Agent / Auditors