La banque d'un monde qui change

Nous recherchons un

Senior Associate- Fund Accounting

Postuler REF: FA 000611
Job Description – APAC

 

Job Title:

 

Senior Associate – Fund Accounting

Date:

 
 
 

Department:

 
IFSO

Location:

Chennai
 

Business Line / Function:

 
FUND ACCOUNTING

Reports to:

(Direct)
 
Assistant Manager
 

Grade:

(if applicable)
Junior Level
(Functional)
Assistant Manager
 

Number of Direct Reports:

0

Directorship / Registration:

 
 
 
 

Position Purpose

 
A Mutual Fund Accountant is primarily responsible for all aspects of day-to-day accounting for one or more assigned mutual funds and/or institutional funds. Major Responsibilities: Prepare timely and accurate Net Assets Values,  distributions, and other fund accounting output for subsequent review
 

Responsibilities

 
 

Direct Responsibilities

 
  • Prepare timely and accurate Net Assets Values, distributions, and other fund accounting output for subsequent review.
  • Record accurately, and in accordance with the Department policies and procedures, such accounting records as securities positions, corporate actions related, and journal entries.
  • Reconcile various accounts, or reviewing reconciliations prepared by others, and promptly researching and correcting any variances.
  • Identify exceptions and problems affecting accounting records and prices, communicating same to management, and assisting in their resolution
  •  Acquire complete understanding of NAV Calculation & its related functions with various parties involved. For example: Custody, TA, Pricing, Corporate Actions, etc.
  • Should be able to handle different types of instruments and understand their impact on NAV.
  • Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
  • Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs includes accurate report generation, timely delivery of reports, scanning & archiving.
  • Support  in preparation of Key/Standard Operating Procedures for each process migrated to Chennai.
  • Carry out other ad-hoc duties may arise from time to time, mainly on month ends & year ends.
 
 
 

Contributing Responsibilities

 
  • Ensure ISAE3402 checks are understood and followed. 100% compliance is must for all NAV packs.
  • Inform & document all errors identified during review stage within same day. Should take initiative in resolving any repetitive errors or training gaps.
  • Act as a back-up in the absence of other team members.
  • Identify the manual steps, process efficiencies & developments, by providing practical ideas on areas of improvements & work towards its automation.
  • Ensure to minimize the unplanned leaves, especially during business critical days, like month end, rollover days and migration of new funds.
  • Adhere to Quality of 100% while producing & reviewing NAVs.
  • Ensure there is NO Financial impact/loss to the organization.
 
 
 
 
 

Technical & Behavioral Competencies

 
 
  • Ability to communicate to others in a clear, articulate fashion.
  • Good written and oral communication skills.
  • Good listening and questioning ability.
  • Be able to express ideas effectively in individual and group situations
  • Ability to plan work ahead and to prioritize workload.
  • Ability to work in an organized manner.
  • Must have an attention to detail
  • Generate creative solutions to problems.
  • Always looks for ways to improve services and processes.
  • Be able to adapt to markets and clients evolution.
 
 
 
 
Specific Qualifications (if required)
 
 
  1. Demonstrated analytical skills
  2. Demonstrated organizational skills
  3. Ability to work under pressure
 
 
        

Skills Referential     

 
Behavioural Skills: (Please select up to 4 skills)
 
Attention to detail / rigor
 
Ability to collaborate / Teamwork
 
Communication skills - oral & written
 
Client focused
 
Transversal Skills: (Please select up to 5 skills)
 
 
Ability to understand, explain and support change
 
Ability to develop and adapt a process
 
Choose an item.
 
Choose an item.
 
Choose an item.
 
Education Level:
Bachelor Degree or equivalent
 
Experience Level
Beginner
 
Other/Specific Qualifications (if required)
 
Primary Location: IN-TN-ChennaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 3 yearsSchedule: Full-time Behavioural competency: Decision MakingTransversal competency: Ability to set up relevant performance indicators