Fund Accounting Associate/Sr Associate

The Opportunity

Our client is a leading global provider of asset and wealth management solutions. They provide investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth.

This team is currently seeking "Fund Accounting Associate/Sr Associate" to join our team managing Fund Accounting for Mutual Funds in Gurgaon.

The primary goal is to provide exceptional accounting and administration servicing for our clients assigned mutual funds, CITs, ETFs and other pooled vehicles. As a Fund Accountant.

Req ID : 90020

Roles and Responsibilities

• You will act as an intermediary between the funds and their investment managers and serve as the official record keeper for the funds.
• Prepare daily Net Assets Values, yields, distributions and other fund accounting output timely and accurately for subsequent review.
• Ensuring fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards.
• Accurate and timely processing of all capital activities including subscriptions, redemptions, transfers, rollups, capital commitments and calls.
• Cash Management-managing the daily cash flow of trades and monitoring fund cash-flows.
• Process incoming and outgoing cash movements related to capital activity.
• Independently complete cash, portfolio and capital reconciliations and investigate and resolve any discrepancies.
• Preparation of Investor and Client reports including Audit confirmations, Trade confirmations etc.
• Responsible to communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.
• Identify exceptions and problems affecting accounting records and prices, communicating same to management, and assisting in their resolution.
• Correspond with external and internal stakeholders regarding day-to-day fund inquiries including entering security trades, fee payments, cash position breaks, and reconciliations.

• 1+ year(s) of accounting experience for financial instruments (equities, fixed income, and derivatives), operation of capital markets, and life cycle of trades. Knowledge of Capital Market
• Ability to work regularly scheduled shifts from Monday-Friday 17:30pm to 3:30am IST.
• University degree or equivalent that required 3+ years of formal studies of Finance/Accounting principles
• 1+ year(s) of data entry experience that required a focus on quality including attention to detail, accuracy, and
• accountability for your work product.
• 1+ year(s) of experience using MS-Excel that required you to use Formulas, Tables & Formatting, Conditional Formatting, Charting, Pivot tables & Pivot Reporting.
• 1+ year(s) of experience in a service-oriented role where you had to correspond in writing or over the phone with external customers.

• A drive to broaden one's knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments.
• Attention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy.
• Positivity and collegial approach in assisting both colleagues and clients and the ability to work in team environment.
• Curiosity, critical thinking and attention to detail: Whether it's to identify a solution to a problem or possibly help
• implement a more efficient process or procedure, your skills have a place in our business.