Manager/Senior Manager- Mutual Fund Accounting, Mumbai

Job Description:

POSITION: Manager/Senior Manager
Reports to (Position): EVP-Investment Operations (Dotted reporting to VP Investment Operations)
Business Unit: Investment Service FTE:
Location: Mumbai Date: July 2024
Education Background Chartered Accountant (With minimum 2- 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 SLA’s
• Having hold on existing SEBI mutual Funds regulations and vision on implementing the new regulation affecting fund accounting areas.

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