Manager - Back Office Investments Operations - CA/ICWA/CFA

Manager - Back Office Investments Operations - CA/ICWA/CFA

Purpose of the job : To manage the cash flows, fund accounting & accurate NAV calculations. To communicate valuations internally & externally

Managing the cash flow :

- Monitor everyday fund and record the inflow & outflow on a daily basis

- Derive the investable funds - Update the front office on the investable fund to enable them to take decision for buying securities.

- Ensure the bank letters for purchase / Sales of various investments, securities, are made and dispatched to the bankers.

- Ensure no funds are lying idle & there is no overdraft in any bank accounts.

- Responsible for Monitoring MF Investment.

Manager fund accounting :

- Authorize all inflows & outflows recorded in Mfund/Mpower for sale / purchase of securities & receipt of corporate actions

- Ensure corporate actions are recorded and authorized in Mfund

- Ensure & authorize all deals for the day are recorded (input)

- Ensure at the day end all the records (transactions as well as maintenance) are authorized.

- Ensure the EOD is run in Mfund/Mpower at the end of the day.

- Ensure the valuation of equity shares, G-Sec, bonds, money market instruments, is done as per IRDA guidelines.

- Responsible for Liaison with banks, custodian, brokers, counter parties and regulatory authorities.

- Responsible for Monitoring of Reconciliation of Bank Accounts, Custody Accounts and Investment Accounts.

- Responsible for Monitoring Transfer Instructions to the Bank.

- Responsible for Computation of Units to be created / destructed.

NAV Calculations :

- Checking NAV of Unit linked funds

- Ensure all income & expenses accrued for the day are accurate

- Ensure accurate load calculations are done for each fund for arriving at the unit prices.

- Send the appropriate file to press for publishing before 8.00pm daily.

- Ensure unit prices are uploaded on website & life Asia.

Preparing MIS & reports & other functional operations:

- Responsible for Prepare MIS Reports.

- Responsible for month end report to Account.

- Monitoring accounting entries related to investments

- Responsible for settlements of deals and back office operations.

- Responsible for Handle internal and statutory audit for investment related activities.

Personal Attributes:

- Good communication skills.

- Sound knowledge of IRDA Regulation

- Good Fund Accounting and MIS preparation background.

- Good Team player.

- Having good knowledge of MS- Excel, Macro and Fund Accounting software Package