Team Member

Role: Team Member- Fund Accounting

Experience: 4+ yrs

Grade: DM

About Axis Mutual Fund

Axis Mutual Fund is one of the leading mutual fund houses in India, offering a wide range of investment solutions across asset classes. We aim to provide superior risk-adjusted returns to our investors, while adhering to the highest standards of ethics and transparency. We believe in creating long-term wealth for our investors by following a customer-centric approach and leveraging our expertise in research and portfolio management.

Key Responsibilities

• Evaluation and improvement of Cash Flow software. Preparation of daily system/excel cash flow with zero errors, utmost accuracy and time consciousness. Ensure that the daily Bank balance tallies with the cash flow and no overdraft.
• Monitoring of the daily balances in all the bank accounts relating to the mutual fund schemes. Ensure that subscription amounts are optimally utilized and incidences of overdraft and under utilization are nil.
• Ensure the smooth NFO set up at RTA and Bank. Ensure that the NFO collection recon and rollover/maturity related recon is completed within the stipulated time lines with appropriate communication with RTA and Bank.
• Ensure that all processes and systems are audit compliant.
• Resolution of reconciliation queries within stipulated timelines. Ensure lowest turn-around time in solving the collection related queries.
• Ensure effective communication with RTA, bankers, channel partners and internal departments for smooth workflow.
• Analysis of daily processes and suggest changes to ensure accuracy and avoid time wastage.
• Preparation of Banking letter and co-ordination with the Banks for outward/inward to ensure no overdraft.
• Continuous monitoring of risk areas in the work flow and ensure the optimum controls to mitigate the financial/regulatory risks.

Qualification:

CA Inter or MBA (Finance) with work experience of 4 to 5 years in fund accounting from mutual fund industry.