Fund Accounting Associate

Job Description

Roles and Responsibilities

- You will act as an intermediary between the funds and their investment managers and serve as the official record keeper for the funds.

- Prepare daily Net Assets Values, yields, distributions and other fund accounting output timely and accurately for subsequent review.

- Ensuring fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards.

- Accurate and timely processing of all capital activities including subscriptions, redemptions, transfers, rollups, capital commitments and calls.

- Cash Management-managing the daily cash flow of trades and monitoring fund cash-flows.

- Process incoming and outgoing cash movements related to capital activity

- Independently complete cash, portfolio and capital reconciliations and investigate and resolve any discrepancies

- Preparation of Investor and Client reports including Audit confirmations, Trade confirmations etc.

- Responsible to communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.

- Identify exceptions and problems affecting accounting records and prices, communicating same to management, and assisting in their resolution.

- Correspond with external and internal stakeholders regarding day-to-day fund inquiries including entering security trades, fee payments, cash position breaks, and reconciliations.

Requirements for this Role Include:

- Open to work in any scheduled work window from Monday-Friday between 11:30am to 3:30am IST.

- University degree or equivalent that required 3 years of formal studies of Finance/Accounting principles.

- Basic knowledge of Capital Market.

- Good understanding of different financial instruments, derivatives corporate actions.

- 0-2 year(s) of experience in capital market.

- 0-2 year(s) of experience using MS-Excel with basic functions, Tables Formatting, Conditional Formatting.

Desired Qualities:

- A drive to broaden one s knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments.

- Attention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy.

- Positivity and collegial approach in assisting both colleagues and clients and the ability to work in team environment.