HCL Technologies - Manager/Senior Manager - Income/Corporate Actions/Fund Accounting

ESSENTIAL DUTIES AND RESPONSIBILITIES (Key Accountabilities) :

- Responsible for managing a team of 30+ FTEs engaged in Transaction and Client Cash services

- Should have good knowledge of Mutual Fund / Hedge Fund products and Capital market

- Good Interpersonal and communication skills - written and verbal

- Should have in-depth knowledge of Corporate Actions, Asset servicing, Incomes, Transaction processing, reconciliation, etc.

- Should have knowledge of Capital Markets working in AMCs, broking houses, Registrar/Transfer agents and Custodians

- Should have relevant experience in Market Value Reconciliation, Expense Accounting postings, including Management Fee, Admin Fee and Incentive Fee, Dividend Accrual Reconciliation, Bond Coupon Accrual Reconciliation,

- Exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts, Credit Default Swaps (CDS) and Contract for Difference (CFD Swaps).

- Hands on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities.

- Bookings of Equities, Futures, Options, CFD, Fixed-Income, ABS, Spots & Forwards and settling the same in its due settlement into the accounting system as per broker.

- Exposure Accounting services of a Custodian Bank

EDUCATION/EXPERIENCE :

The minimum education requirements :

- University degree (B. Com, MBA) in Business majoring in Accounting, Finance, or another Financial-related program.

The minimum experience requirements :

- At least 6 - 9 years of experience in the capital market.

CONTINUING EDUCATION & COMPETENCY REQUIREMENTS :

- Highly proficient with Microsoft Office Products (Excel, Word)

SKILLS AND COMPETENCIES :

- To manage a team of 30+ and should be able to motivate and provide guidance

- Ability to work in a deadline-oriented group with peak period workflow

- Should keep a track of daily deliverables and deadlines and ensure team's adherence to KPIs

- Tracking the error log and conduct of RCA

- Flexibility to work in night shifts

- Attending to team's escalation in a timely manner

- Perform timely and regular reporting to management

- Participate in the development and periodic review of training programs and facilitate training programs.

- Manage team assignments in conjunction with client deliverables.

- Create & periodically update SOP's for the process

- Drive automation / value addition projects