Senior Fund Accounting Manager - Mutual Fund Industry

Job description
Accounting Manager Job Opportunity

We are seeking a seasoned Accounting Manager to join our team. This is a fantastic chance for an experienced professional to take on a challenging role and contribute to the success of our organization.

The ideal candidate will have a strong background in fund accounting, with a minimum of 5 years of experience in Mutual Fund – Fund Accounting of Equity, Debt, Liquid, Arbitrage, Overseas, ETF, Index Funds. They will be responsible for end-to-end NAV computation and declaration, daily reporting, and other related tasks.
• Key Responsibilities:
• Fund Accounting Management: Overall responsibility of computation and declaration of end-to-end Net Asset Value and Fund accounting of mutual fund schemes on daily basis.
• Daily Reporting: Responsible for daily NAV, Daily reporting, Monthly reporting, Bi-Monthly reporting, quarterly reporting, half yearly reporting, and yearly reporting for the regulators.
• Document Management: Documenting and maintaining the MIS and Statutory reports.
• Financial Statement Preparation: Prepare and perform controls on monthly general ledgers.
• Master Data Maintenance: Securities master creation and maintenance in MFund Plus application.
• Reconciliation: Review and resolve differences on periodical (daily, monthly, quarterly, etc.) data reconciliations.
• Back Office Operations: Handling Back Office Operations and Processes relating to domestic and overseas trade settlement.
• Financial Statements Preparation: Preparation and review of monthly, quarterly and annual financial statements.
• Settlements: Settling the Equity, Debt, GSEC & Repo trades in MFund/Quantis through STP, FIMMDA Reporting & NDS systems and informing the same to custody.
• Fee Calculation: Calculate management fees and Other Expenses as per SEBI slab, and UPR calculation.
• Liaisoning: Liaise with auditors, custodian, PCM and internal contacts on a day-to-day basis.
• Analysis: Prepare and/or review financial statements, notes disclosures, and supporting schedules.
• Training and Support: Training and supporting the team/new joiners to smoothly overcome their learning curve.
• Billing and GST Calculation: TDS, STT, management fees, billing fees, GST calculation on monthly basis.
• Performance Evaluation: Preparation of fact sheets which involves comparing absolute returns to benchmark returns, thus providing an insight to the fund manager on the performance of the scheme.
• Audit Scrutiny: Preparation of 25(11), AMC activity report, Trial Balance scrutiny, Bank and Demat reconciliation.
• Process Automation: Working on Automating of back-office operation and streamlining daily NAV Process and Automating Monthly reports delivered to regulators.

Requirements:
• Qualification: CA mandatory for Senior role / B. Com / PG.
• Experience: 5 to 10 years of work experience in Mutual Fund – Fund Accounting of Equity, Debt, Liquid, Arbitrage, Overseas, ETF, Index Funds.
• Skills: Advanced MS Excel knowledge, VBA Macros.
• Personal Qualities: Ability to work under pressure and manage tight internal and client deadlines.
• Communication Skills: Strong communication skills, including written, listening and presentation abilities.
• Client Relationship Management: Client relationship management skills.

Preferred Qualifications:
• Command on the regulations on MF activities impacting operations (FA and RTA)
• Well versed with Fund Accounting and preparation of financial statement of MF Schemes
• MIS (Excel, Word, Power Point)

Interested candidates can apply by sending their resume to us.
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India
Maharashtra
Mumbai Show on map Get directions