CIB Securities Services Operations Fund Accounting Manager - Vice President

Job Description

The Fund Accounting team is responsible for timely and accurate delivery of NAV for Clients who have outsourced their Fund Accounting to JPM. This role involves understanding and executing end to end activities that comprises of daily NAV calculation and eod Client reporting.Major Responsibilities would includeRendering accurate and timely accounting statements in compliance with customer expectations and departmental standardsReviewing transactions on a daily basis to ensure conformity to established policies and proceduresMonitoring cash and asset variances between the core systems and the accounting system on a daily basis and resolving discrepanciesMonitoring income activity and ensuring that all overdue items are resolvedCommunicating with service partners to ensure the timely resolution of all inquiries both internally and externallyPerforming buddy reviews for other accountants prior to rendering final portfolio valuationsAssisting with systems testing for any new releases or enhancements and maintaining a system of filing and account profiles to facilitate continuity at all timesParticipating in various projects as assignedReviewing and controlling of the daily operation, ensuring adherence to procedures and controls and providing necessary data to senior management and clientsSupervising a team of fund accountants including senior fund accountants and support positions including assigning responsibilities and ensuring an efficient work environmentReviewing NAVs and yields prior to releaseReviewing key areas of daily operations in order to ensure accuracy and compliance with procedures and controlsReviewing all monthly reconciliation packagesEnsuring the integrity and accuracy of fund recordsEnsuring the completeness and timeliness of reporting to clients, outside parties, and other internal departmentsReviewing accounting related issues included in new fund set up, monitoring key indicators of fund status (past due income, cash balances, corporate actions, etc.) and taking prompt action to correct problems as requiredCommunicating all department information to the team through regular scheduled meetings and cascading the broader organizational goals to the team, ensuring that these are understood and embraced and are part of individual and team objectivesRepresenting Fund accounting with key stakeholders including fund management, the custodian, the transfer agent and all other related partiesInterviewing, hiring and coordinating the training of new employeesCoaching and developing staff including formal objective setting, performance reviews and providingQualificationsMinimum 10-15 years of Mutual/Pension/Hedge Fund and accounting experience Strong technical skills including accounting principles and theoriesMBA/CA/ICWA preferredExceptional leadership and staff development skills with prior team management experienceProven ability to drive and deliver efficiencies through re-engineering and process improvements ensuring optimal productivityAbility to initiate and drive changeProject and program management with a demonstrated track record of project deliveryProven ability to establish and review key metrics to measure workflow capacity, system efficiency and effectiveness of controls and serve as an escalation pointControl focus with a thorough understanding of operational riskExcellent communication, influencing and negotiation skills with the ability to develop and maintain collaborative relationships both internally and with external clientsAbility to anticipate issues and aggressively drive initiatives to achieve resultsDetailed knowledge of business processes and procedures as well as service and systems (including downstream impacts)Proven ability to operate effectively in a matrix organization with the ability to work under pressure and to tight timeframes,

Keyskills :
project managementautomationcost controldeliveryltdkey metricsmusic makingfund accountingteam managementfund managementnav calculationtechnical skills