Senior Manager - Mutual Fund Accounting - CA

Reports To: EVP-Investment Operations (Dotted Line Reporting to VP Investment Operations)

Business Unit: Investment Service

Location: Mumbai

Date: July 2024

Education Requirement:

- Chartered Accountant with a minimum of 4-5 years of relevant experience.

Key Responsibilities:

- Scheme Accounting & MIS: Oversee scheme accounting and manage all related MIS.

- Conduct regular reviews of trial balances and ensure accurate financial reporting for schemes, including half-yearly, annual, and abridged statements.

- Expense Control: Monitor and control scheme expenses, analyzing and reviewing various MIS reports related to expenditures.

- Distributable Surplus: Analyze and review schemes' distributable surplus, updating and communicating changes to management as needed.

- NAV & Returns: Review and ensure accuracy of NAV calculations and scheme returns.

- Security Valuation: Maintain strong control over security valuation impacting schemes.

- Audit Liaison: Coordinate with Statutory Auditors, Internal Auditors, and SEBI Auditors to facilitate smooth and timely completion of audits.

- Project Implementation: Lead and support the implementation of new projects and regulatory or business-driven changes.

- System Development: Assist in developing new systems and supporting new initiatives.

- Benchmarking: Benchmark industry practices and implement best practices for fund accounting.

- Risk Management: Identify and address risks, implementing effective controls for various processes.

- Process Documentation: Regularly review and update process manuals and Service Level Agreements (SLAs).

- Regulatory Knowledge: Stay updated on SEBI mutual fund regulations and implement new regulations affecting fund accounting.

Knowledge, Skills, and Competencies:

Knowledge:

- Expertise in NAV calculations, fund accounting, and fund expenses.

- Understanding of securities valuation.

- Proficiency in MS Office, particularly Excel, and Bloomberg.