Manager - Fund Accounting - BFSI

Manager - Fund Accounting

Operations:

- Oversee fund accounting

- Verify direct tax compliances of AIF for tax provisioning and redemptions

- Verify periodic NAV calculations (Final and Estimate NAV) with timely identification and escalation of issues that could impact NAV calculations.

- Scrutinizing large P/L swings and price fluctuations to substantiate the change in NAV on dayto- day basis.

- Calculation and recording of non-trading accruals, bank transactions and trading accruals of hedge funds.

- Work out master-feeder allocations on monthly basis whilst ensuring proper and accurate calculation of MTD, QTD and YTD rate of return on investments Investor-wise.

- Review of dividend summary and sundry interest reconciliation of hedge funds.

- Collating reports, financials and supporting documents/reports for hedge funds.

- Booking and monitoring of capital activity

- Verify key computations towards fees accruals, management fees, performance/incentive fees & administration fees.

- Resolving client queries.

- Preparation and review of Standard Operating Procedure documents.

- Providing accounting solutions to Hedge Funds for independent valuation and accurate Books of Accounts.

- Performing reconciliations of the client's books with that of various custody reports and taking appropriate actions in case of emergence of any discrepancies.

Leadership and Management:

- Contribute towards strategic matters of AIF

- Ensuring meeting compliance with all internal organizational and business policies.

- Troubleshoot issues of other team members.

Experience, Skills, and Personal Qualities:

Qualifications and background:

- 3 to 5 years PQE in Financial Services or Asset Management (preferably AIF / PMS).

Preferred experience:

- Audit and tax experience would be preferred.

- Knowledge of applicable regulations and AIF/ PMS structure

- Superior verbal and written communication skills

- Ability to effectively delegate work as needed

- Capacity to work well in a team environment

- Capable of developing and managing a team

Added advantage:

- A person who has experience in NAV calculations or verifying NAV as prepared by a fund accountant.

- Ability to draft various communications to stakeholders