Assistant Manager/ Deputy Manager Fund Accountant - Operations 2+ Years experience in Mutual Fund Company (Mumbai -Andheri)

Fund Accounting

Job description

We are looking for a highly motivated and seasoned Fund Accounting Assistant Managers or Deputy Managers in our Team. The candidate will be working and need to have expertise in end-to-end NAV, Corporate Action, Portfolio Valuation, Journal Book of Accounts, Scheme Financials, Financial Reporting etc.

• Overall responsibility of computation and declaration of end-to-end Net Asset Value and Fund accounting of mutual fund schemes on daily basis.
• Responsible for daily NAV, Daily reporting, Monthly reporting, Bi-Monthly reporting, quarterly reporting, half yearly reporting, and yearly reporting for the regulators.
• Documenting and maintaining the MIS and Statutory reports.
• Prepare and perform controls on monthly general ledgers.
• Securities master creation and maintenance in MFund Plus application.
• Review and resolve differences on periodical (daily, monthly, quarterly, etc.) data reconciliations.
• Handling Back Office Operations and Processes relating to domestic and overseas trade settlement.
• Preparation and review of monthly, quarterly and annual financial statements.
• Settling the Equity, Debt, GSEC Repo trades in MFund/Quantis through STP, FIMMDA Reporting NDS systems and informing the same to custody.
• Calculate management fees and Other Expenses as per SEBI slab, and UPR calculation.
• Liaise with auditors, custodian, PCM and internal contacts on a day-to-day basis.
• Prepare and/or review financial statements, notes disclosures, and supporting schedules.
• Preparation of notes to accounts, analysis of related party discloser, analysis of report for broker turnover, discloser of TER (Total expense ratio) of the scheme.
• Training and supporting the team/new joiners to smoothly overcome their learning curve.
• TDS, STT, management fees, billing fees, GST calculation on monthly basis.
• Preparation of fact sheets which involves comparing absolute returns to benchmark returns, thus providing an insight to the fund manager on the performance of the scheme.
• Preparation of 25(11), AMC activity report, Trial Balance scrutiny, Bank and Demat reconciliation.
• Working on Automating of back-office operation and streamlining daily NAV Process and Automating Monthly reports delivered to regulators.

Qualification & Experience:

• CA/ CA Intern / B. Com / PG.
• 2 to 8 years of work experience in Mutual Fund Fund Accounting of Equity, Debt, Liquid, Arbitrage, Overseas, ETF, Index Funds.
• Advanced MS Excel knowledge, VBA Macros.
• Ability to work under pressure and manage tight internal and client deadlines.
• Strong communication skills, including written, listening and presentation abilities.
• Client relationship management skills.
• We need a person having 5 years plus experience in Fund Accounting of Schemes of Mutual Funds.

Key Functional Skills:

• Command on the regulations on MF activities impacting operations (FA and RTA)
• Well versed with Fund Accounting and preparation of financial statement of MF Schemes

Interested candidates can send resume on

anita.kulkarni@talentcorner.in