Fund Accountant - Bengaluru
17 hours ago
Job description
MAIN DUTIES/RESPONSIBILITIES OF THE ROLE:
Essential Responsibilities:
Fund Expense review and payment coordination: Reviewing fund expenses, assist with annual fund budgets and produce TERs.
NAV Review and Reconciliation: Review daily and monthly NAV calculations, reconciling internal records with Fund Administrator reports to ensure consistency and accuracy.
Oversight of Key Reconciliations: Monitor and review key reconciliations, such as cash, securities, and derivatives, ensuring alignment with the portfolio.
Ad-Hoc Query Assistance: Respond to queries from senior management, traders, administrators, investors, and auditors regarding fund performance and financials.
Project-Based Support: Assist with process improvements, system enhancements, and product development initiatives to optimize fund operations.
Investor Allocations and Fee Review: Prepare investor allocations, ensuring accuracy, and review management and performance fees in line with fund documents.
Month-End Close Process: Contribute to month-end close by reconciling financial statements and ensuring timely NAV submission.
Regulatory Compliance: Ensure adherence to accounting policies and regulatory requirements, staying updated on any changes that impact the fund.
Liaison with Fund Administrators: Work closely with Fund Administrators to resolve issues promptly and ensure timely and accurate daily NAV calculations.
Daily P&L Production and Analysis: Prepare and review daily trading P&L reports, analysing variances and ensuring accuracy in trading positions across the asset classes.
Price Verification: Validate market prices for trading positions across various asset classes to ensure accurate fund valuations.
PERSON SPECIFICATION
WORK EXPERIENCE/BACKGROUND:
Essential
Desirable
- Accounting qualification or working towards one – ACA, CIMA, ACCA (or equivalent).
- Experience of working in a financial regulated environment.
TECHNICAL/BUSINESS SKILLS & KNOWLEDGE:
Essential
Desirable
- Understanding of NAV control environment and NAV valuation issues.
- Strong working knowledge of Excel.
- Experience of price verification processes.
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