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05/07 Sangeeta B
Client Partner at Hector & Streak

Views:3742 Applications:108 Rec. Actions:Recruiter Actions:32

Vice President - Fund Accounting Operations - Middle Office - Mutual Fund (10-20 yrs)

Mumbai/Navi Mumbai Job Code: 717245

VP - Operations, Fund Accounting

The position is with Mutual Fund company and they are looking for VP - Operations, Fund Accounting

Designation depending on candidates- seniority, fitment etc

CTC - Open

JD :

Monitoring of Middle office function which includes the below :

- Review of day to day Mutual Fund Midle office operations

- Monitoring of Cash flow projection process day

- Monitoring of scheme wise cash utilisation

- Monitoring of payouts due for the day including redemptions/securities transactions etc

- All process related to banking including maker-checker process and authorization.

- Monitoring of collections received during the day especially in Liquid schemes

- Daily monitoring of scheme bank accounts

- Monitoring Bank balances and optimum utilisation of the same.

- Peiodic review of the Bank Accounts and in case necessary closure of the Dormant account with the reconcilation of the same.

Monitoring of Investment Operations function (Custody & Fund Accounting) which includes the below :

- Monitoring of systemic activities related to Investment Operations processes

- Monitoring of day to day settlement of deals -Debt, Equity and Derivatives to ensure the timely

- Monitoring & Review of Master creation, ratings-Internal and External, Issued capital in Front Office

- Monitoring and review of trades executed for the day from Operations perspective including coordination with the fund accounting team.

- Responsible for various enhancements and UATs for new product, regulatory updates in regards to Front

- Monitoring and responsible for key static data points in the systems like Securities, Issuers, Company, Rating, Limits masters etc in the Front Office system.

- Verification of Navs sent by Fund Accountant on daily basis.

- Responsible for ensuring adherance to regulatory guidelines on aspects related to Operations function including disclosure norms.

- Wholly responsible for Day to day query resolution if any in regards to the Returns of schemes alogwith the Fund Managers and Fund Accountant ( including Mark up / down of securities, downgrade changes, etc )

- Resolution for valuation of securities queries raised by Fund Accountant, Fund Managers, Internal team,

- Review & scrutiny of Monthly Trial balance at scheme level and resoluton of the same on timely manner

Audit Coordination :

- Put in place a robust audit scope for internal auditors

- Managing Internal, Statutory and Regulatory Audits and timely completion of the same.

Taxation :

- Will be wholly responsible for all taxation related compliance for the schemes including reportings, filing of returns, query management and changes to the system.

- Ensure timely filing of returns for the schemes

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

Women-friendly workplace:

Maternity and Paternity Benefits

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