Accountability

Supporting Actions

Carry out timely and accurate Equity Settlement for accounting

- Equity Settlement on STP including custody and broker confirmation
- Co-ordination with Equity Brokers and Dealers and Custody for trade settlement
- Calculation of Margin payable
- Provision of equity related cash flows in the cash flow projections

Support the Accounting and Valuation of Equity Portfolio across funds for NAV release
- Creation of Equity and Broker Master
- Timely and accurate accounting of Equity Trades
- MTM valuation of Equity Portfolio across fund groups
- Tracking and accounting of Corporate Action

Undertake Daily checking of Debt Valuation and Accounting for ensuring accuracy of NAV’s released
- Checking of Debt Valuation across all funds
- Checking of Debt Accounting across all funds

Preparation of MIS for Management review, financial reporting and Audit Data
- Preparation of Financial Reports as per IRDA, Schedule VI & IFRS.
- Preparation of daily, monthly, yearly MIS
- Preparation of To-be-Revived Policies reconciliation
- Adhoc investment MIS as and when required by IRDA, Actuary, Front-Office, Taxation, Planning and Management.
- Co-ordination with statutory, Internal & Concurrent auditors
- Timely and accurate vendor payment

Project support
- Facilitating in testing and implementation.

Ensure timely & accurate submission of cash flow for optimum utilisation of funds.
- Validate correct accounting and reporting of unit capital on daily basis in cash flow in coordination with client service team.




- Monitor timely coordination with custodian & banker for trade settlements, margin payouts, and corporate receipts on daily basis.
- Monitor timely coordination with accounts for transfers of funds towards creation/redemption of units, expense, policy loan, payments and capital contribution.

Ensure daily reconciliation and timely provision of audit data
- Monitor daily bank & holding reconciliations
- Monitor daily unit capital & units reconciliation & reconcile breaks in coordination with client services & business analyst’s team.
- Ensure reconciliation of policy loan & prepayment account & reconcile the breaks with accounts team.
- Monitor margining & collateral requirement for SLR trades
- Monitor timely and accurate submission of MIS and audit related requirements.

Ensure timely support as back-up for Investment Accounting & NAV computation activities
- To provide appropriate back-up support for Investment accounting and NAV declaration.
- To update self on the various regulatory changes and its impact on the complete function and the organization

Monitor Banking Operations to support collections & payment across channels
- Monitor seamless Banking/CMS support PAN India for collections & payments




- Monitor prompt query resolution regarding CMS arrangements in coordination with the branches and Banks
- Monitor banks SLA’s and coordinate for seamless support across multiple bank channels
- Ensure timely set-up of CMS arrangements for current branch locations.
- Manage operational relationship with Banks for banking arrangements across multiple channels
- Support new banking initiatives to support collections, payments & MIS related dynamism

Monitor Treasury Operations
- Monitor timely transfers of daily funding requests for payouts across verticals
- Monitor collections across 10+ collection accounts and ensures timely transfers for investments & maintains appropriate bank balances.
- Coordinate & support reconciliation, investment & payments team for banking related escalations
- Coordinate with banks for Fixed Deposit placements.
- Monitor timely & accurate accounting of transfer & interest entries in Financial accounting system.
- Monitor timely audit support and submissions with regards to balance & FDR confirmation across banks.

To ensure process enhancements & project related support
- Continuously drive towards automation of the daily processes with appropriate checks & control
- To ensure timely support on all UMR related projects

Team Management
- Set team KRA’s & monitor performance
- Guide the team members in performing their tasks
- Facilitate training and development programmes for enrichment of skills & knowledge for the team

📌 Manager (Maharashtra)
🏢 Aditya Birla Sun Life Insurance
📍 Maharashtra