Fund Accounting & Operations

Job Description

JOB DESCRIPTIONDesignation : Assistant Manager Fund Accounting & OperationsLocation: MumbaiAbout Emkay______________________________________________________________________________________Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades.Founded in 1995 with a clear goal of offering sound, research-backed financial advice, we have successfully served a wide variety of highly distinguished clientele around the world; including foreign institutional investors (FIIs), domestic mutual funds, hedge funds, banks, insurance companies, private equity firms, corporate houses, small and medium-sized enterprises and high net worth individuals (HNIs).Role Summary:Managing Fund Accounting & Operations for PMS and AIF clients including availing Custody services of Banks.The person is also responsible for interacting with Exchanges/Regulators/Clients/Auditors in course of regular business. Candidate should have understanding of end to end operations pertaining to Fund Accounting Clients of PMS and Cat-III AIF.Job Responsibilities______________________________________________________________________________________
• Ensure daily accounting of all financial transactions in Equity setup of AIF Cat III Schemes and PMS.
• Finalisation of Accounts for PMS/AIF clients & Private Equity Funds, Accurate charging of all incomes & expenses, Audit of accounts.
• Conducting UAT of systems.
• Ensure that all transactions / activities are performed as per defined SOP, within agreed.
• Reconciliations of drawdown called from investors with bank statement and MIS.
• Ensuring allotment of units as per defined timeline and release of statements (SOA) to investors.
• Will be responsible for accurate calculation of Return/NAV and Performance Calculation of PMS and AIF.
• Will be responsible for entire process Funds disbursement to Investors of PMS and AIF.
• Ensuring all regulatory reporting and compliances are adhered to in a timely and accurate manner.
• Responsible for taxation, operations and audit preparedness for PMS and AIF Cat - III Schemes.
• Manages vendors to ensure deliverables are in line with SLAs and quality standards.
• Reconciliation of outstanding liability with invoice and release of payments
• Ensuring reduced queries from stakeholders / customer and quick resolution of complaints for a better customer experience
• Preparation of Process Manual & Training people on processes as decided
• Awareness of launch activity of new Schemes
• Attend to any audit findings and provide resolution to the same Adherence to regulatory guidelines
Process Improvement & Automation
• Engage in projects in the areas such as automation, process improvements, cycle time reduction, service delivery, transaction processing, cost reduction.
• Projects to be undertaken with focus on digitalization, resulting in higher productivity, minimization of risk and minimization / elimination of manual processes.
• Play an active role in new processes and systems roll out.
Risk and Internal Control Responsibilities.
• To ensure adherence to regulatory guidelines while processing Completion of activities within Exchange/Depositories/regulatory cut-offs.
• Timely submission of reports / confirmation to regulators/quasi regulators. To ensure reporting is without any error
• Ensure quick action on queries/enquiries received from regulators / quasi regulators,
• keeping compliance in loop.
Skills--------------------------------------------------------------------------------------------------------------------------------------------
• Good communication skills written and verbal (English language)
• Ability to work independently and as a team
• Advanced Excel Skills preferred
• Ability to exercise high levels of discipline
• Ability to work in a deadline driven environment
Qualification & Experience--------------------------------------------------------------------------------------------------------------------------------------------
• ICAI qualified
• Prior experience in Financial services preferred
Competencies-------------------------------------------------------------------------------------------------------------------------------------------
• Live the company values
• Business Awareness & Market Knowledge
• Customer Centricity
• People Connect
• Result Orientation
• Networking Ability

Keyskills :
pmsprivate equity