POSITION: Manager/Senior Manager Reports to (Position): VP - Investment Operations
Business Unit: Investment Service
Location: Mumbai Date: July 2024
Education Background Chartered Accountant (With minimum 1- or 4-years' experience)
Principal Accountabilities:
Scheme accounting review and all MIS related to scheme.
Strong Trail balance control regular Trail balance review
Scheme financials -Half yearly, Annual and Abridged
Strong control over scheme expenses and various MIS pertaining to the same.
Schemes Distributable surplus - Analysis, review, regular change or highlighting to the management.
Review of NAV and scheme return.
Strong control over security valuation affecting the scheme.
Liaising with the Statutory Auditors, Internal Auditors and SEBI Auditors to ensure smooth and timely completion of audits for various departmental issues.
Implementation of new projects and changes brought because of regulatory or business requirement.
Support all new initiatives including system development.
Benchmarking similar industry practices and work towards implementation of best practise
Identifying risk and putting effective controls for various processes
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
Valuation of Securities
MS office with special expertise in Excel, Bloomberg, and other related software
Competencies
Valuable 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 important
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