Job Description
Job Description
The Fund Accounting Group Manager is a senior management level position responsible for accomplishing results through the management of a team or department, driving a variety of fund valuation activities in coordination with the Operations - Transaction Services team. The overall objective of this role is to ensure the seamless delivery of activities associated with Net Asset Valuations (NAV's).
The team is a core group of dedicated professionals who are essential to the investment process by ensuring that all middle office clients’ cash & position data are accurate for processes including investment management, analytics, compliance, and regulatory reporting. Cash types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral.
The roles and responsibilities will include end to end oversight of the function and actively managing risk and exposure for our clients by ensuring the investment book of record delivered to the client is accurate and delivered on time.
Responsibilities:
• Manage fund accounting operations at a site or functional level including people managers as well as partner across department and business to develop and enhance cost effective solutions that meet client expectations and needs
• Assess new business viability against existing business capabilities and make appropriate recommendations
• Identify opportunities to implement process improvements and recommend system, service, and process enhancements including leading and evaluating system testing
• Assist and encourage employee career progression through defined career paths, management processes, appropriate training, and Professional Development Plans (PDPs)
• Evaluate risk and controls, including operational impact of changes in legislation, and ensure compliance to established controls
• Lead strategic planning process with business units and prioritize business development requirements to completion
• Monitor Profit and Loss (P&L), expense managements, budget, and planning
• Monitor, set, and achieve established department goals during day-to-day operations as well as serve as point of escalation for complex issues and manage resolution of issues and new business requests
• Direct and participate in department and industry initiatives as well as support corporate governance and ethics
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Process Management:
• Timely and accurate delivery of all functions performed within concerned team
• Design & implement Service Level Agreements with Internal & External teams.
• Work closely with upstream and downstream leads / teams across all the global locations to build the best in class value proposition for Citi.
• Conduct and ensure compliance with regular governance forums
• Design & implement oversight & escalation metrics
Qualifications:
• 12+ years of relevant experience
• Chartered Accountant / CFA / MBA
• Experience within financial markets and fund accounting
• Experience in financial services, client management, project management, strategic management, operational management, and resource and expense management
• Experience with people management and working with multiple stakeholders
• Advanced knowledge of accounting concepts, financial services, and global financial markets
• Ability to manage client relationships
• Consistently demonstrates clear and concise written and verbal communication
• Demonstrated leadership and management skills
• Demonstrated talent assessment as well as the ability to manage client relationships
Education:
• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred
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Job Family Group:
Operations - Transaction Services
------------------------------------------------------
Job Family:
Fund Accounting
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
The Fund Accounting Group Manager is a senior management level position responsible for accomplishing results through the management of a team or department, driving a variety of fund valuation activities in coordination with the Operations - Transaction Services team. The overall objective of this role is to ensure the seamless delivery of activities associated with Net Asset Valuations (NAV's).
The team is a core group of dedicated professionals who are essential to the investment process by ensuring that all middle office clients’ cash & position data are accurate for processes including investment management, analytics, compliance, and regulatory reporting. Cash types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral.
The roles and responsibilities will include end to end oversight of the function and actively managing risk and exposure for our clients by ensuring the investment book of record delivered to the client is accurate and delivered on time.
Responsibilities:
• Manage fund accounting operations at a site or functional level including people managers as well as partner across department and business to develop and enhance cost effective solutions that meet client expectations and needs
• Assess new business viability against existing business capabilities and make appropriate recommendations
• Identify opportunities to implement process improvements and recommend system, service, and process enhancements including leading and evaluating system testing
• Assist and encourage employee career progression through defined career paths, management processes, appropriate training, and Professional Development Plans (PDPs)
• Evaluate risk and controls, including operational impact of changes in legislation, and ensure compliance to established controls
• Lead strategic planning process with business units and prioritize business development requirements to completion
• Monitor Profit and Loss (P&L), expense managements, budget, and planning
• Monitor, set, and achieve established department goals during day-to-day operations as well as serve as point of escalation for complex issues and manage resolution of issues and new business requests
• Direct and participate in department and industry initiatives as well as support corporate governance and ethics
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Process Management:
• Timely and accurate delivery of all functions performed within concerned team
• Design & implement Service Level Agreements with Internal & External teams.
• Work closely with upstream and downstream leads / teams across all the global locations to build the best in class value proposition for Citi.
• Conduct and ensure compliance with regular governance forums
• Design & implement oversight & escalation metrics
Qualifications:
• 12+ years of relevant experience
• Chartered Accountant / CFA / MBA
• Experience within financial markets and fund accounting
• Experience in financial services, client management, project management, strategic management, operational management, and resource and expense management
• Experience with people management and working with multiple stakeholders
• Advanced knowledge of accounting concepts, financial services, and global financial markets
• Ability to manage client relationships
• Consistently demonstrates clear and concise written and verbal communication
• Demonstrated leadership and management skills
• Demonstrated talent assessment as well as the ability to manage client relationships
Education:
• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred
------------------------------------------------------
Job Family Group:
Operations - Transaction Services
------------------------------------------------------
Job Family:
Fund Accounting
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
💡 Quick Summary
Seeking a career-building opportunity? The Fund Accounting Group Manager position is now open for candidates interested in the Accountant Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
