Fund Accounting (NAV Calculation - Domestic Market)

Job Tilte: Associate - Investment operations (fund administration)

Location: Mumbai

Role Description:

- Our Fund administration team is working with some of the top names in the fund industry. You'll be working in one of the teams responsible for managing the end-to-end processes related to securities and portfolio / fund valuation for client segments like Mutual Fund, Alternative Investment Fund, Portfolio Managers, etc. Our fund administration team uses one of the best platforms available in the fund accounting space which is robust enough and at the same time offers flexibility to parameterize the system as per local needs and regulations.

- Our team of experts will be there to coach and support your development to ensure you excel in this role. Enhance your career prospects through exposure to the diverse nature of funds like Money market, Equity, Arbitrage, Exchange traded, hybrid funds, etc handled and serviced by Fund administration division.

What we'll offer you ?

- As part of our flexible scheme, here are just some of the benefits that you'll enjoy

- Best in class leave policy

- Gender neutral parental leaves

- 100% reimbursement under childcare assistance benefit (gender neutral)

- Flexible working arrangements

- Sponsorship for Industry relevant certifications and education

- Employee Assistance Program for you and your family members

- Comprehensive Hospitalization Insurance for you and your dependents

- Accident and Term life Insurance

- Complementary Health screening for 35 yrs. and above

Your key responsibilities:

- Managing a team of 7-8 people responsible for a particular function

- Handling allotted set of 3-4 clients independently, understanding their day-to-day processes and reporting requirements

- Managing ad-hoc data or report requirements from client, Regulator, etc with strict adherence to quality standards and expected delivery timelines

- Computation and reconciliation of NAV, checking income accruals, NAV validation and analysis, etc

- Reviewing Bank and Holding reconciliations and resolving breaks, if any

- Processing and verification of all trades for the day processed in the system

- Valuation / pricing of securities

- Coordination with client for trades.

- Coordinate with Registrars for Unit Capital files and checking and processing the same in the system

- Monitoring the email instructions for trades and other instructions including Custody instructions.

- Computation of Income equalization and distributable surplus

- Computation and Dissemination NAV to the Press, Registrar, etc.

- Trial Balance Scrutiny

- Audit co-ordination and finalization of accounts

Your skills and experience:

- 8+ years of experience.

- Knowledge of Mutual Fund Accounting and operations

- Understanding of capital / Financial / derivative market

- Understanding of various valuation tools and methodology

- Good communication and presentation skill

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.