Job Description
Primary responsibilities include the following:
Processing the monthly cash reconciliations received from the onshore team.
Processing monthly / quarterly cash flows in the prescribed format or as advised by the Onshore Team.
Processing of year-end accounts. This entails the following processes:
Creating an opening trial balance using the Onshore Team’s signed financial accounts copy and entering them into the extended trial balance.
Entering the onshore team cashbook into the extended trial balance to record the cash movements into the year-end trial balance.
Preparing schedules for the fund accounts.
Analyzing the investment reports into managed funds, segregated investments, derivatives, pooled investment vehicles, etc. Ensuring the unit reconciliation and market value reconciliation vis-a-vis book cost reconciliation.
Ensuring that the investment schedules are prepared per the pension guidelines i.e. under SORP regulation.
Preparing the Annual Reports in the accounting software prescribed by the onshore team
Processing the Accounting For Tax returns and Office for National Statistics returns
Updating the databases for all jobs on a regular basis.
Sending queries and follow up of queries related to cash reconciliations, cash flows, management accounts, year-ends and quarterly returns
Adherence to Onshore Team deadlines and the utilization requirements.
Coordinating with the Onshore Teams on calls and emails with regards to the missing information and queries.
Any other additional responsibility to commensurate with project requirements.
Key activities in the job include:
Helping / assisting other team members & seniors in completing / meeting deadlines after finishing self-tasks.
Adhering to any compliance and governance requirements of the organization
B. Com / BAF / M. Com / Inter C.A.
Technical Skills
Basic accounting skills
Journal Entries
Bank Reconciliation
Ledger Posting
Ledger Scrutiny
Finalization of accounts
Booking closing entries – (Accruals / Prepayments, etc.)
Preparing Trading, P & L A/C and Balance Sheet.
Technicalities of Investment Analysis and/or mutual fund concepts
Understanding of UK Pension regulations (not mandatory)
Good verbal and written communication skills
Good working knowledge of the Microsoft office, particularly Word & Excel
Attention to detail is vital to succeed in this role
Energetic, enthusiastic individuals
Logical thinking skillset is a must
Ability to learn new processes and systems, also should have the ability to adapt to changes
Ability to prioritize and organize tasks, work within stiff timelines
Ability to work independently and as part of a team.
Able to get on with others; be a team-player
Ability to work under pressure, do multi-tasking and meet tight deadlines.
Should be a quick learner and team player.
Willing to work in rotational shifts
Processing the monthly cash reconciliations received from the onshore team.
Processing monthly / quarterly cash flows in the prescribed format or as advised by the Onshore Team.
Processing of year-end accounts. This entails the following processes:
Creating an opening trial balance using the Onshore Team’s signed financial accounts copy and entering them into the extended trial balance.
Entering the onshore team cashbook into the extended trial balance to record the cash movements into the year-end trial balance.
Preparing schedules for the fund accounts.
Analyzing the investment reports into managed funds, segregated investments, derivatives, pooled investment vehicles, etc. Ensuring the unit reconciliation and market value reconciliation vis-a-vis book cost reconciliation.
Ensuring that the investment schedules are prepared per the pension guidelines i.e. under SORP regulation.
Preparing the Annual Reports in the accounting software prescribed by the onshore team
Processing the Accounting For Tax returns and Office for National Statistics returns
Updating the databases for all jobs on a regular basis.
Sending queries and follow up of queries related to cash reconciliations, cash flows, management accounts, year-ends and quarterly returns
Adherence to Onshore Team deadlines and the utilization requirements.
Coordinating with the Onshore Teams on calls and emails with regards to the missing information and queries.
Any other additional responsibility to commensurate with project requirements.
Key activities in the job include:
Helping / assisting other team members & seniors in completing / meeting deadlines after finishing self-tasks.
Adhering to any compliance and governance requirements of the organization
B. Com / BAF / M. Com / Inter C.A.
Technical Skills
Basic accounting skills
Journal Entries
Bank Reconciliation
Ledger Posting
Ledger Scrutiny
Finalization of accounts
Booking closing entries – (Accruals / Prepayments, etc.)
Preparing Trading, P & L A/C and Balance Sheet.
Technicalities of Investment Analysis and/or mutual fund concepts
Understanding of UK Pension regulations (not mandatory)
Good verbal and written communication skills
Good working knowledge of the Microsoft office, particularly Word & Excel
Attention to detail is vital to succeed in this role
Energetic, enthusiastic individuals
Logical thinking skillset is a must
Ability to learn new processes and systems, also should have the ability to adapt to changes
Ability to prioritize and organize tasks, work within stiff timelines
Ability to work independently and as part of a team.
Able to get on with others; be a team-player
Ability to work under pressure, do multi-tasking and meet tight deadlines.
Should be a quick learner and team player.
Willing to work in rotational shifts
💡 Quick Summary
Seeking a career-building opportunity? The Senior Advisor position is now open for candidates interested in the Bank Jobs sector. This role in Thane 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 Bank Jobs is a plus.