Assistant Manager, Fund Administration (Accounting) - India

About your role

As the Assistant Manager in Fund Accounting, you will be a key player in supporting the fund accounting operations. Your responsibilities will encompass assisting with the accurate recording of financial transactions, contributing to the maintenance of the Net Asset Value (NAV) of investment funds, and ensuring compliance with regulatory requirements. This role offers the opportunity to work closely with a team of professionals and further your career in the fund administration industry.

What you'll do

Transaction Processing:

• Execute daily transaction processing activities, including trade settlements, income and expense accruals, and corporate actions.

• Ensure transactions are recorded accurately and in compliance with fund guidelines.

NAV Calculation:

• Assist in the calculation of the Net Asset Value (NAV) for assigned funds.

• Participate in valuing fund assets, calculating income distributions, and reconciling discrepancies.

Financial Reporting:

• Support the preparation of financial statements, investor reports, and regulatory filings.

• Verify the accuracy of financial data and resolve discrepancies.

Reconciliation:

• Conduct daily, monthly, and annual reconciliations of fund holdings, cash balances, and other portfolio-related data.

• Investigate and rectify any discrepancies in a timely manner.

Compliance and Documentation:

• Ensure that fund accounting practices comply with regulatory requirements and industry standards.

• Assist in maintaining accurate fund accounting records and documentation.

Team Support:

• Provide mentorship and leadership to team members and contribute to achieving team goals.

• Act as a resource for junior team members, providing guidance and training as needed.