Job Description
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
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
💡 Quick Summary
Seeking a career-building opportunity? The Fund Accounting Manager position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai 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.