Vice President - Fund Accounting Operations - Asset Management Firm

Job Title: VP - FA Operations

Location: Mumbai

About the role: Primary responsibility is to manage Fund Accounting, Banking operations and Investment Operations. Guiding and coaching team members in achieving the department/organizational goals. Hands on knowledge of NAV computation, valuation, TER Administration, reconciliation, statutory payments, reporting, financials, audits, etc. This role will report to Head - Operations & Administration.

Responsibilities:

- Ensuring timely processing of NAV and adherence of SLAs by the FA on various deliverables.

- Ensuring buffer spillover calculation for all the schemes done on timely basis and accordingly TER proposal share with Management committee for approval

- Payment and filing of statutory dues/return or refunds on time and as per regulatory requirements.

- Ensuring high level of accuracy in preparation of daily cash flow of all schemes

- Monitoring overall settlement of equity, money market and Gsec securities

- Monitoring of Subscription, redemption and switch reconciliations prepared by RTA and FA and Close co-ordination with the RTA and Fund Accountant to ensure timely resolution of open items.

- Ensuring regulatory requirements around various reporting (including Offsite inspection report) are implemented within stipulated timeline with accuracy and Monitoring of Monthly, Quarterly, Half Yearly, Yearly and periodic reports received from FA and RTA.

- Focus on automation by critical evaluation of existing and new processes to increase efficiency and accuracy

- Ensuring high level of accuracy in preparation of daily cash flow of all schemes

- Relationship management with third party service providers on the client side including the FA, Custodian, Valuation Agencies, Banks and RTA and various vendor partners.

- Liaison across multiple functions within the firm for client-side deliverables.

- Support various audits including Statutory Audits, Internal Audits, Concurrent Audits, IT side audits, etc.

- Ensure proper segregation of duties within the team, develop and maintain workflows at all stages of the process that is handled by the team

- Provide process training and refreshers to the team, track and provide feedback on errors and update knowledge of key operating procedures

- Prioritize tasks efficiently, make effective decisions and demonstrate accuracy and attention to detail

- Oversee day to day operations handled by the team to ensure error free and timely processing of transactions as per SLA

- Ensure strong controls in transaction approvals and have a high-end understanding of transaction reviews and approval processes

- Pay meticulous attention to detail to deliver high-quality output and proactively establish process controls as needed

- Partnership and communication skills (written and verbal) to effectively collaborate with internal and external stakeholders

- Handle all Compliance related deliverables and ensure timely dissemination of all regulatory reports

- Identify areas of risks and work towards putting in additional controls to mitigate risk

- Utilize strong analytical skills to manage metrics and provide timely resolution of all open items

- Publish Dashboards to the Senior Management team on a monthly basis

- Should be well aware of all the regulatory changes and ensure the process/system changes are carried out in the FA & Custodian system on time