Role Overview:
The Fund Accounting Operations professional will be responsible for managing the end-to-end accounting process of investment funds including NAV computation, reconciliation, reporting, and ensuring compliance with regulatory and internal controls. The role demands a deep understanding of fund structures (AIF, PMS), financial instruments, and operational workflows.
Key Responsibilities:
- NAV Calculation & Validation:
- Prepare and review daily/weekly/monthly Net Asset Value (NAV) of funds.
- Ensure accurate pricing of portfolio securities and timely fund valuation.
- Post accruals and expenses based on investment terms.
- Reconciliation:
- Perform cash, position, and transaction reconciliation with custodians, prime brokers, fund administrators, and internal records.
- Investigate and resolve breaks in a timely manner.
- Investor Reporting:
- Prepare periodic investor reports, capital account statements, financial statements (IFRS/IND-AS), and regulatory filings.
- Coordinate with Investor Relations for reporting and queries.
- Trade Settlement & Operations:
- Ensure timely and accurate settlement of trades (Equity, Debt, Derivatives, etc.).
- Coordinate with front office, custodians, and counterparties for trade-related activities.
- Audit & Compliance:
- Support statutory and internal audits by providing all fund-related documentation.
- Ensure adherence to SEBI, RBI, and other regulatory guidelines.
- System & Process Management:
- Work with IT/Tech teams to automate manual processes.
- Maintain and enhance fund accounting and reporting systems.
