Team Member - NAV/Reporting/Tax/Fund Administration

About this role:

As Fund Administration - Team Member, the primary responsibility is to implement and manage:

- Activities related to Scheme Expenses and Taxation of Mutual Fund Schemes

- Reporting and Audit related activities pertaining to Mutual Fund schemes.

- Ensure seamless integration of technology across various functions.

Key Responsibilities:

Scheme Expenses management:

- Verification of vendor invoices, Scheme level accounting and Timely payment to the vendors.

- Close monitoring of eligibility criteria for TER charging.

- Timely preparation of YTD/monthly scheme expenses MIS to monitor scheme wise expense booked

- Analyse available expense buffers, discuss with stakeholders.

Taxation:

- Payment and filing of statutory dues/returns or refunds on time as per regulatory norms without any delays

- Good understanding on rate applicability for tax deduction and due dates w.r.t. payment of TDS/TCS on vendor payments, redemption payments to NRIs, IDCW payment, security transaction tax (STT), GST, etc.

- Managing filing of quarterly returns w.r.t. TDS/TCS and annual returns for GST, STT, Mutual Fund ITR.

Regulatory Reporting:

- Implement regulatory reporting requirements, including offsite surveillance inspection report,

- Timely and accurate submission of all reports to SEBI, AMFI and statutory bodies, examples.

- Accuracy in CTR reporting, reason for NAV delay/revision,

- Data submission to ICRA for Risk-o-meter (including PRC & stress testing),

- Payment made to associates, investment made by associates,

- Regulation 25(11) reporting, details pertaining to borrowing, portfolios, data on fact sheet, average maturity of debt schemes, portfolio turnover ratio for equity schemes, debt exposure report, IAP reporting, RBI network analysis, SEBI deployment, GILT report, private placement, active/passive change in TER, etc.

- Review Monthly, Quarterly, Half Yearly, Yearly and periodic reports received from Fund Accountant and Transfer Agent.

Scheme Financials and Audit Management:

- Coordinate and Manage various Audits - Internal, Inspection, Statutory

- Data submission and query resolution towards timely completion of Audits.

- Review of Annual Reports (as per IND AS), half yearly and abridged financials

- Publishing half yearly, annual financials - Abridged and Full.

- Ensuring that all processes and systems are audit compliant.