Position Summary

Will be responsible for managing day-to-day accounting activities, mutual fund and financial product brokerage reconciliation, revenue tracking, payouts, MIS, GST/TDS-related activities, and coordination with AMCs, RTAs, product teams and internal sales teams.

Key Responsibilities

1. Accounts & Accounting Operations

- Manage day-to-day accounting entries and maintain books of accounts.
- Record and verify receipts, payments, expenses, invoices and other transactions.
- Maintain vendor, client and business partner ledgers.
- Assist in monthly closing and preparation of accounting schedules.
- Ensure proper documentation and filing of financial records.

2. Mutual Fund Brokerage & Revenue Reconciliation

- Reconcile mutual fund brokerage received from AMCs / platforms / RTAs with internal records.
- Track brokerage, trail income and other revenue generated from mutual fund business.
- Identify discrepancies in brokerage credits and coordinate for resolution.
- Maintain AMC-wise, product-wise, RM-wise and client-wise brokerage records.
- Track pending brokerage and follow up with concerned parties.

3. Financial Product Revenue & Payouts

- Reconcile revenue from Mutual Funds, Bonds, Fixed Deposits, Insurance, PMS, AIF and other financial products.
- Verify commission/brokerage calculations and ensure accurate recording.
- Prepare RM/employee incentive and payout-related statements as required.
- Coordinate with the business and operations teams for revenue-related queries.

4. Bank & Ledger Reconciliation

- Perform regular bank reconciliation and ledger reconciliation.
- Reconcile brokerage receipts with bank credits and accounting records.
- Identify unmatched transactions and outstanding items.




- Maintain proper follow-up records until reconciliation is completed.

5. GST, TDS & Statutory Support

- Assist in GST and TDS-related accounting and reconciliation.
- Verify GST/TDS deductions in invoices and brokerage statements.
- Maintain supporting records for statutory compliance.
- Coordinate with auditors and consultants for required information and documents.

6. MIS & Management Reporting

- Prepare regular revenue, brokerage, collection and expense MIS.
- Prepare product-wise and RM-wise revenue reports.
- Track monthly and quarterly revenue against business data.
- Assist management in preparing performance and financial reports.
- Ensure accuracy and timely submission of MIS.

7. Coordination with Internal & External Teams

- Coordinate with Mutual Fund AMCs, RTAs, financial product providers, banks and other business partners.
- Coordinate with Sales/RM teams regarding brokerage, transactions and revenue-related queries.
- Work closely with Operations, Compliance and Finance teams.
- Follow up on pending transactions, missing information and reconciliation differences.

Key Skills Required

- Valuable understanding of basic accounting and reconciliation.
- Working knowledge of MS Excel, including VLOOKUP/XLOOKUP, Pivot Tables and basic formulas.
- Understanding of Mutual Fund brokerage / trail income will be preferred.
- Knowledge of GST and TDS.
- Good numerical and analytical skills.
- Strong attention to detail and accuracy.
- Good coordination and follow-up skills.
- Ability to work with large volumes of financial data.
- Experience with Tally / ERP / accounting software preferred.

Preferred Experience Candidates with experience in Mutual Fund Distribution, Wealth Management, Stock Broking, Financial Product Distribution, Insurance Broking or other BFSI organisations will be preferred.

📌 Manager Accounts (Delhi)
🏢 Almondz Global Securities Limited (AGSL)
📍 Delhi