Manager/Senior Manager - Fund Accounting Operations - Mutual Fund Business - CA (8-16 yrs)

Role :Senior Manager / Manager Operations- CA qualified required

Reporting Manager L1 AVP -Investment Operations

No of Direct Reportees: 1

Department: Gift City Operations (FA-Custody-TA-Investor Service)

Location Gift city

JOB ROLE:

- The position would be responsible for monitoring the day-to-day requirements of the Gift City Operation & Allied activities .

- From the Core operation perspective, the profile will require to monitor & review breaks appearing in the reconciliation for various transaction types of the schemes, have a holistic view on the Expenses reconciliation and pool account reconciliation, to handle ETF Trade Reporting and Settlements both Domestic as well as Offshore trades, Checking of Cash Components of the ETF scheme and Forex Handling.

- Further the profile will also need to review the FA books and clear gaps appearing in the ledger/Trail Balance scrutiny or any outstanding expense entry.

- The profile will also require to liaise with the Auditors (Both Internal as well as Statutory) for any first-hand information or queries that can come on Recons or aligned activities on the functionality.

JOB RESPONSIBILITIES:

- Managing a team of people responsible for a particular function.

- Managing ad-hoc data or report requirements from Regulator with strict adherence to quality standards and expected delivery timelines

- Reviewing Bank and Holding reconciliations and resolving breaks, if any

- Periodic Trial Balance Scrutiny

- The position would primarily be responsible for monitoring Reporting and Settlements of both Domestic as well as Offshore funds including ETF trades, Forex Handling right up to preparation of the ETF Trade settlement advice.

- From the other deliverable perspective, the role is required to monitoring the functionality in terms of maker checker on the Trade Settlements, checking Cash Flow balances, monitoring of security master, information updation in front office system, booking expenses, facilitate Audits up to Finalization of Accounts.

- To Co-Ordinate with RTA for seamless Processing of Transactions received. Further, also ensure

smooth processing.

- To handle brokerage related activities as checking of brokerage commission rates, withheld of brokerage. Brokerage Funding with proper co-ordination with BD team.

- Ensures Timely receipt of Unit Capital Files and proper accounting by Fund Accountant's (FA).

- This position would also require the individual to work closely with the Marketing, Product, Compliance team and externally with Auditors and service providers.

- Co-ordination with Fund managers, Fund Accountants and Custodians for Trade Settlements, timely NAV Declarations etc.

- Responsible for Audit on RTA & Banking Functionality, Compliance requirements, QRCs & MIS pertaining to FA-Custody Ops both internal as well as regulatory.

- Responsible for Checking of information to the Regulator received either through RTA or Fund Administrators which is disseminated both internally as well as regulatory.

- Monitoring & reviewing Fund Recurring Expense sheet which will impact on overall TER.

- Responsible for driving transformation and continuous improvement, leading programmes or projects.

- Continuously review and improve departmental processes and procedures, in terms of seamlessness.

- Handle other projects as delegated by the HOD. Perform related duties as assigned.

PERSONAL ATTRIBUTES:

- Knowledge of Indian and offshore Capital Markets, Different Security Segments on Equity and Fixed Income side, Background of Banking and Financial services industry.

- Strong understanding of Mutual Fund products, processes, and industry regulations.

- Excellent analytical and problem-solving skills, with the ability to reconcile complex transactions and resolve discrepancies.

- Attention to detail and accuracy, especially when dealing with large volumes of data and financial information.

- IFSCA SEBI - Mutual Fund Accounting Standards & Reporting Requirements.

- IFSCA guidelines on Investment limits, Risk Management, Banking Operations, etc.

OTHER REQUIREMENTS:

- Ability to handle multi-functional processes relating to Transfer Agent, Custody Operations & Fund Accounting.

- Good inter and intra personal relations for effective rapport building and functionality management.

- Hands on experience on MS Office and aligned software's.

- Effective communication and interpersonal skills, with the ability to collaborate with cross- functional teams and external stakeholders.

- High level of accuracy and eye for detail.

EDUCATIONAL QUALIFICATION & EXPERIENCE:

- CA with 7-12 years of work experience.