Lead Associate - Fund Accounting - Consulting Firm

Role specific skillsets:

- Internal Audit of NSE / BSE / Commodity stock exchange scoping market operations, surveillance, and polling functions.

- Operational audit of collaterals and fund management

- Audit related to SEBI compliances comprising of security contract regulations, portfolio managers regulation, insider trading etc.

- Audit of operations of MF, AIF, Hedge funds.

- Accounting under Tally/ Miles/ or other software for FPI, Hedge Funds, AIF, funds etc

- Prepare / Review daily/weekly/monthly tax computation for FPI, AIF funds

- Prepare / Review of daily/monthly NAV

- Responsible for preparing remittance certificates as per provisions of the Income tax Act in a time bound manner (understanding taxation of capital gains and interest income of FPIs).

- Review admin to custodian reconciliations. Identify and determine cause. Notify client for any breaks. If break is due to an erroneous or missing transaction in system, then make necessary adjustments.

- Perform middle office functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking client's contributions & redemptions etc.

- Review general ledger exceptions. Identify cause and make necessary adjustments.

- Verify performance by reviewing large P&L swings and analyzing income/expense journals for validity.

- Adjust activity as necessary for performance processing and reporting.

- Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.

- Process non-automated transactions including OTC derivatives and their related cash movements.

- Perform daily and monthly securities pricing analysis.

- Validate and process corporate action data and liaising with corporate action team.

- Providing audit support and assistance to funds in the preparation on financial statements.

- Assistance with compliance functions.

- Prepare pool level income for funds.

- Mapping of fund income & expenses with financial statements.

- Distribute income within fund investors

- Co-ordinate with client / third parties to resolve breaks.

- Calculate commission income for managing funds

- Check income recognition in books for commission income.

- Co-ordinate with fund managers for data integration required for funds AUM.

- MIS preparation.

- Coordination with the client, if required.

- Administration matters including documentation, maintaining of log for billing, etc.

To be tailor-fit for the above skillsets, you need to have,

- An organized person with focus on punctuality, accuracy and passion for excellence

- Experience of working into back office support for any financial services domain

- Willing to take responsibility

- Basic tax knowledge

- Willing to learn

- Easy grasping power

- Oral and Written communication should be good

- Good Excel knowledge