Fund Accounting Role - NAV - Bank

Duties & Responsibilities :

Computation of NAV for Mutual Fund schemes, valuation of securities (equity, debt and derivatives), finalization of accounts, Trial Balance scrutiny, handling audit queries etc :

- Computation and reconciliation of NAV, checking income accruals, NAV movement, 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 equalisation and distributable surplus

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

- Trial Balance Scrutiny

- Audit co-ordination and finalization of accounts

Experience / Requirements :

- 1-3 years experience.

- Knowledge of Mutual Fund Accounting and operations

- Understanding of capital / Financial / derivative market

- Understanding of various valuation tools and methodology