OB TITLE

Team Manager - Fund Accounting & Reconciliation

Reports to

Assistant Vice President

No of Direct reportees

2 - 4

Department

Operations - Fund Accounting

Position Grade Range

Manager/ Senior Manager (May vary based on experience)

JOB PUJOB PURPOSE:

JOB PURPOSE:

- Responsible for fund accounting and reconciliation activities.

JOB ROLE :

- Monitoring of expense administration related activities (including Year to date (YTD) MIS).
- Monthly/yearly brokerage reconciliations.
- Ensure that subscription/redemption reconciliations are prepared and sent to AMC as per pre-decided frequency by Registrar (RTA) and Fund Accountant (FA).
- Monitoring of Reconciliations and solving the unreconciled items on timely basis.
- Maintenance of unclaimed redemption/dividend MIS. Ensure the process is followed w.r.t. the payment of unclaimed amounts to the investors.
- Seamless NFO (including Rollover and Maturity of schemes) set up at RTA, Exchanges and Fund Accountant s end. Ensure that the NFO/rollover/maturity related reconciliation is completed within the stipulated time lines with appropriate communication with RTA, Exchange and Fund Accountant.
- Verification of all the Monthly, Quarterly, Half Yearly, Yearly and periodic reports (compliance and MIS) received from FA and RTA.




- Ensure that the NAVs declared are accurate and within stipulated cut off time.
- Monitoring of Trial Balance on daily basis to ensure entries passed by Fund Accountant are accurate.
- Proper coordination with finance team to ensure accuracy in effecting the change in expense ratio of the schemes.
- Payment of statutory dues and filing of statutory returns within the stipulated.
- Close coordination with Internal/ Statutory auditor w.r.t. FA audits and resolution of audit requirements on timely basis.
- Review of Annual, Half yearly and abridged financials.
- Monitoring and ensuring timely updation of various MIS.
- Co-ordination with FA/Custody/RTA, bankers and internal customers

EDUCATIONAL QUALIFICATION & EXPERIENCE Chartered Accountant with work experience of at least 7-8 years out of which minimum 4 to 5 years in fund accounting and reconciliation related areas in mutual fund industry.

PERSONAL ATTRIBUTES

- Valuable communications skills.
- Team work.

- Learning attitude

- Team management

OTHER REQUIREMENT Knowledge of Microsoft Office applications, trade reporting and settlement systems like Bloomberg, FA systems etc.

- Analytical Skills

- Independent management of activities

📌 Team Leader (Mumbai)
🏢 Axis Asset Management
📍 Mumbai