Fund Accounting Assistant Manager

Job Description

Purpose Of The Job: The main function of the role is: A ccount for the day - to - day management of a functional / oversight team(s) and manage daily service delivery and production activities performed by staff. Work in conjunction with individuals on the team as well as other Shared Service teams / COE s , outsource locations , Client Operations and other business units to ensure seamless processing according to the fund s policies , to ensure NAV / yield accuracy and that all SLAs are met. As well as , Work collaboratively with teams and management across the organization on various projects , oversight , committees , KPIs , etc Roles and Responsibilities: Oversees the activities of staff by working closely with direct reports. Manages the day - to - day activities and controls to ensure consistency of policies adherence to procedures. Manages and facilitates timely resolution of issues. Proposes and works to implement workflow changes and supporting technical solutions leading to improved productivity and profitability. Keeps abreast of regulatory compliance and developments for the assigned area and apprises staff as necessary. Identifies and analyzes operations risks related to current and potential business and recommends procedural changes and controls as needed Creates and uses quality service measurement tools to ensure compliance with operational standards with SLAs and SOPs and create management reporting as needed Coordinates and manages projects within the department and / or with BU Shared Services , COEs and Client Operations teams. During the course of normal day - to - day operation , responsible for identifying any unusual or potentially suspicious transaction activity and reporting and / or escalating in accordance with corporate policy and guidelines detailed in relevant operating procedures. Conducts periodic performance reviews; provides ongoing counsel , training , development and motivation of staff. Participates in the hiring , salary , promotional and termination recommendation process Skill Sets : Fund Accounting Transaction Processing & Management Financial Analysis Transaction Processing & Management Mandatory Soft & Technical Skill Sets: Excellent Communication Skills Project Management Skills Team Management Problem Solving Skills Problem Solving Skills Additional Skill Sets: Demonstrated ability to meet deadlines and possess strong problem solving and resolution skills. Good understanding of financial services and investment products. Strong attention to detail and a focus on service. Strong PC skills , specifically Excel skills (Intermediate) Strong written and verbal communication skills Ability to prioritize multiple responsibilities to meet internal and industry deadlines. Strong problem resolution skills Ability to work well in a fast paced , high volume atmosphere Education & Experience : Bachelor s Degree in Commerce / Economics with a specialization in Business , Accounting , Finance or equivalent experience preferred Highly proficient with Microsoft Office Products (Excel , Word) Location: Mumbai multiple shifts available Demonstrated managerial , leadership and decision making abilities Excellent communication , organization , interpersonal planning , and analytical skills Ability to effectively bring individuals from multiple areas together to resolve identified issues. Should have exposure to trading instruments like Equities , Options , Bonds , Futures , Spots and Forwards , Bank Debts and Credit Default Swaps (CDS) Should have knowledge of Corporate Actions , Income & Expense accruals , SEC Yields , Distributions , NAV calculations etc. Should have prior Mutual Fund accounting experience including General Ledger analysis and reconciliation Experience Requirements: At least 5 (3 - 4 for Officer) years of related Custody and / or Fund Accounting experience , part of which must have been in a management or supervisory capacity. Prior relevant work experience of 8 years. Knowledge of securities language and legal requirements. Good interpersonal , organizational and management skills. Solid understanding of operational functions within Custody and / or Fund Accounting. Ability to provide technical expertise to resolve daily problems. Demonstrated computer proficiency and working knowledge of various software applications. Ability to develop and enhance client relationships.,

Keyskills :
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