Fund Accounting Manager

POSITION: Manager/Senior Manager

Reports to (Position): VP - Investment Operations

Business Unit: Investment Service

Location: Mumbai Date: July 2024

Education Background Chartered Accountant (With minimum 1- or 4-years experience)

Principal Accountabilities:

 Scheme accounting review and all MIS related to scheme.

 Strong Trail balance control regular Trail balance review

 Scheme financials -Half yearly, Annual and Abridged

 Strong control over scheme expenses and various MIS pertaining to the same.

 Schemes Distributable surplus - Analysis, review, regular change or highlighting to the management.

 Review of NAV and scheme return.

 Strong control over security valuation affecting the scheme.

 Liaising with the Statutory Auditors, Internal Auditors and SEBI Auditors to ensure smooth and timely completion of audits for various departmental issues.

 Implementation of new projects and changes brought because of regulatory or business requirement.

 Support all new initiatives including system development.

 Benchmarking similar industry practices and work towards implementation of best practise

 Identifying risk and putting effective controls for various processes

 Regular review and update of relevant process manuals and SLAs

Knowledge, Skills, Competencies

Knowledge, Experience

 Knowledge of NAV Calculations, Fund Accounting and Fund Expense

 Valuation of Securities

 MS office with special expertise in Excel, Bloomberg, and other related software

Competencies

 Good communication skills, both verbal and written.

 Excellent Time management and Planning skills

 Good interpersonal skills

 High degree of integrity

 Ability to work autonomously but to know when to escalate.

 Ability to perform under pressure.

 Resourcefulness and ability to use initiative.

 High Productivity

 Commercial approach

Attributes

 To have an eye for detail is every important criterion of Fund

accounting.

 Able to build strong working relationships with colleagues and vendors.

 Strong Team Player having a collegial attitude is very important

Preferred Industry Experience

 Ideally the candidate should have experience in the mutual fund space

though not a pre-condition.

 If not from mutual fund space, the candidate could be drawn from the

financial services space including insurance, commercial & investment

banks, non-banking finance companies.

Internal Contacts  Fund Management

 Internal Team -Treasury Settlement and Cash Management

 Banking Operations

 Finance

 Compliance

External Contacts  Fund Administrators

 Custodian

 CRISIL/ICRA

 SEBI/AMFI

 Industry Players