Max Life Insurance - Investment Role - NAV SAP

Investment - NAV [SAP]

JOB SUMMARY:

- NAV - NAV computation in SAP and Excel

- Assist in Back office operations pertaining to the investment in various funds (control and unit linked)

- Internal, Management and Statutory reporting

- Audit Management- Concurrent and Statutory

- Bank Reconciliation preparation/ Review

- Dashboards for various investments

KEY RESPONSIBILITIES:

Cash Management Systems : Analyze the cash inflows/cash outflows by way of subscription and redemption of Units and ensure that effective utilisation of cash is done

Accounting of Investment Entries/Fund Accounting :

- Manage Integration of SAP system and oracle

- Ensure that accurate accounting entries are correctly passed in oracle

NAV Computation in Excel and SAP :

- Accounting of deals for the day in SAP system

- Verification of daily Interest Accruals and daily amortisation

- Tracking of Corporate actions

- Updation of Mutual Fund, Equity, G-Sec, Bond prices in SAP system

- Calculation of Fund Management Charges and Payout of the same

- Trade Settlement - Equity and Debt

- Valuation of Bonds through Crisil Bond Valuer

- Calculation and declaration of accurate NAV post confirmation from concurrent auditors

- Calculation of Net Asset Value in Excel and checking the same with SAP

Controls and reconciliations :

- Custodian and Holding reconciliation on a daily basis

- Ensure Clean Bank reconciliation statements

- STP reconciliation and approval

Managing Audits : Conducting Concurrent Auditors and Statutory Auditors by providing timely data and ensuring successful completion of the same. System Audits

Internal/Management/Statutory reporting : Providing reports to management as and when required