Wealth Accountant

About the Company

Eton Solutions is a hypergrowth fintech transforming the Family Office segment of the Wealth Management industry. Eton Solution's AtlasFive® is a comprehensive enterprise management platform specifically designed to allow todays modern Family Office meet the unique and varied

For More details please visit: https://eton-solutions.com/

Role : Senior Wealth Accountant

Role Description:

A senior wealth accountant manages the wealth by

• Aggregating all positions/securities globally
• Monitoring cash flow on daily basis
• Preparing investment reports and performing investment analysis
• Optimizing taxes
• Creating strategic financial plans
• Monitoring and mitigating risk
• Ensuring all assets are aligned with long-term goals (asset allocations)
• Provide actionable insights through cash flow forecasting, budgeting, etc

Key roles of an accountant in wealth management include:

• Tax Optimization: Proactively reducing tax liabilities through strategic planning, rather than just filing annual returns.
• Financial Planning & Forecasting: Creating comprehensive plans that analyze your income, expenses, and investments to plan for retirement or major life changes.
• Work with Investment Advisors: Analyzing market trends, evaluating risk tolerance, portfolio rebalancing, etc.
• Risk Management: Identifying financial risks to your portfolio and recommending insurance or structure changes to protect your assets.
• Cash Flow Management: Monitoring the inflow and outflow of funds to optimize liquidity and identify opportunities for investment or cost savings.
• Estate Planning: Assisting with structures like trusts to protect assets and ensure efficient transfer to heirs.

Accountants are valuable throughout the year to assist with major decisions, such as buying or selling a business, managing debt, or navigating significant life changes.

Job Description:

• Confirm that the data feed is available for processing
• Ensure all transaction exceptions are cleared from the queue
• Create and maintain CUSIPs in the security master
• Create and maintain the CRM database
• Initiate the vendor bill payments and match them with bank transaction
• Maintain a capital call schedule and initiate the payments on time
• Perform daily and monthly position and cash reconciliation with custodial data and prepare the positions summary report
• Prepare the periodical compliance reports and deliver them to the client within the agreed SLA
• Expense management
• Update benchmarks on a timely basis
• Resolve client queries promptly
• Identify workflow/system improvements and work with supervisor to enact change
• Develop any new knowledge, skills, certifications, or licenses that are needed to continue having expertise in the family office world.
• Work in a fast-paced team environment to meet deadlines.
• Process fund's contribution and distribution whenever notices are received.
• Process month-end income allocations of funds to investors
• Review of security master attributes and ensure clients approval.
• Validate the transactions in the test harness tool for any exceptions that may arise.
• Monitor/Verify transmission of wires/ACH.
• Manage GL accounting queries from client.
• Review of bill pay templates and approve tagged documents.
• Creation of process documents/workflows
• Generate daily, weekly and monthly reports for clients.
• Ensure the daily queries from clients are addressed.
• Supervise analysts on daily responsibilities assigned to them.
• Co-ordinate with the database management team to ensure feeds are up and running for clients.

New additional Job responsibilities:

• Perform detailed daily cash movement analysis, including validation of complex and multi-currency transactions
• Analyse and investigate large value transactions, ensuring completeness, accuracy, and appropriate classification
• Identify and document drivers of portfolio changes, including market, transactional, and corporate action impacts
• Independently pull, interpret, and analyse portfolio movements, highlighting exceptions and key variances
• Execute client-specific tax accounting module setups across jurisdictions with minimal supervision
• Prepare and review books for multiple deliverables (Tax Return, Tax Ledger, Form 1099, Partnership Accounting, Basis Calculation, etc.) ensuring adherence to Client SOPs
• Perform pre-review checks to proactively identify breaks, data gaps, and inconsistencies before submission
• Validate and ensure accuracy of investment reports, including cross-checking with underlying data sources
• Track and ensure timely completion of client deliverables, flagging risks or delays proactively
• Act as a subject matter resource for Analysts, supporting query resolution and process clarification

Position requirement:

• 2-5 yrs experience*
• B. Com/CA inter/ACCA/CMA

If interested, please share your resume to [Confidential Information]

Cab - drop facility within 20km from company distance

Work environment - 5 working days from office

Shift - 4pm-1am or 5pm-2am