Key duties and responsibilities
- Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If any breaks are due to an erroneous or missing transaction in accounting system, then make necessary adjustments.
- Researching, following up and clearing outstanding items within deadlines
- Submitting information for adjusting entries via email to the processing departments
- Identifying missing and / or inaccurate information in vendor database
- Review and clearing daily / Monthly cash and positions and provide sign off to client.
- Ensuring that a companys financial balances match with the figures in its account ledgers
- Examining the companys accounting records, reviewing them with banking documentation, and reporting any discrepancies in the reports
- Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports
- Independently price the Investment positions on a daily & monthly basis.
- Responsible for accruing/amortizing daily or monthly non-security related Fee accruals
- Review the PNL before delivering the report to client.
- Process non-automated transactions including OTC derivatives and their related cash movements.
- Effective communication with clients on daily reporting of Reconciliation/Query resolutions.
- Checking that all OTC products traded by the client have been booked correctly.
- Support operations on projects related to Automations/Work migrations/Conversions etc.
- Support global changes in Key operating procedures and implementation.
- Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Client Service Managers and Clients.
- Ensure to get cross trained within process and transfer the Knowledge between the team.
Skills Required
- Experience working with an investment management or finance-related firm.
- Good knowledge of the investment industry with 5+ Years in Hedge/Mutual Fund administration or related industry experience.
- Familiarity with Calypso/Paxus/ Enfusion will be an added advantage.
- An ability to think critically and objectively.
- Experience in Hedge Fund accounting, booking accruals, tying back P&L, Balance sheet will be an added advantage
- Experience with reconciliation and break resolution and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem-solving skills.
- Proficiency in advanced Excel functions.
- Excellent communication and inter-personal skills.
- Work additional hours as needed.