POSITION: Deputy Manager/Manager
Reports to (Position): VP - Investment Operations
Business Unit: Investment Service FTE:
Location: Mumbai
Education Background
MBA/ Graduate (With minimum 3 to 4 years’ experience) or Chartered Accountant
(Fresher or with 1 Year of Experience)
Principal Accountabilities :
Prepare and review all frequency regulatory/management reporting’s in line with SEBI/Internal guidelines
Review of NAV and scheme return
Strong control over scheme invoice processing & year end provision and ensure accuracy in accounting entries received.
Manage GST- TDS timely payment and return filing.
Perform month-end reviews including TB scrutiny & reconciliations
Coordinate audits and support timely closure of scheme financials
Review and timely closure of half yearly portfolio and financials
Maintain a comprehensive data repository for all reports received from the outsourced fund accounting team
Drive process improvements, automation, and manage stakeholder relationships.
Support implementation of new projects and changes brought because of regulatory or business requirement.
Benchmarking similar industry practices and work towards implementation of best practise
Regular review and update of relevant process manuals and SLA’s
Having hold on existing SEBI mutual Funds regulations and vision on implementing the new regulation affecting fund accounting areas.
Knowledge, Skills, Competencies
Knowledge,
Experience
Knowledge of NAV Calculations, Fund Accounting and Fund Expense
Knowledge of SEBI regulations, GST & TDS
MS office with special expertise in Excel, Bloomberg, and other related software Competencies
Good communication skills, both verbal and written.
Excellent Time management and Planning skills
Good interpersonal skills
High degree of integrity
Ability to work autonomously but to know when to escalate.
Ability to perform under pressure.
Resourcefulness and ability to use initiative.
High Productivity
Commercial approach
Attributes
To have an eye for detail is every important criterion of Fund accounting.
Able to build strong working relationships with colleagues and vendors.
Strong Team Player having a collegial attitude is very significant
Preferred Industry
Experience
Ideally the candidate should have experience in the mutual fund space though
not a pre-condition.
If not from mutual fund space, the candidate could be drawn from the
financial services space including insurance, commercial & investment banks,
non-banking finance companies.
Internal Contacts Fund Management
Internal Team -Treasury Settlement and Cash Management
Banking Operations
Finance
Compliance
External Contacts Fund Administrators
Custodian
CRISIL/ICRA
SEBI/AMFI
Industry Players