Fund Accounting Manager

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

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 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

CRISIL/ICRA

SEBI/AMFI

Industry Players