Fund Accounting

Job Description

Job Description - Manager - Fund Accounting

The main function of the role is: Account 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.

Role specifics:-

- 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

Skills/Competency parameter differentiators:

- Result-oriented with an ownership and accountability mindset
- Drive pay for performance and culture of performance differentiation
- Executive presence, managing with influence and effective communication across stakeholder groups both regionally and globally
- Embed risk excellence culture across the teams
- Encourage and drive a culture of change and ideation

Competencies:

- Client focus: - Act as a focal point of contact to maintain strong client relationship actively participate in client meetings, and ensure team responds to client inquiries.
- Leadership Focus - Leverage experience and technical expertise to support peers globally by providing guidance and training, and fully support and participate in all aspects of employee engagement.
- Operational Efficiency Focus: Actively participate in an efficient and effective global operating model, collaborating with peers globally, and using standard technology, best practices, and optimal functions.
- Performance Focus: Provide excellent service to clients through a results-oriented mindset
- Quality & Risk Focus: Understand and minimize risk through adhering to standard and client specific operating procedures and through broad participation in the global training program. Focus on qualitative work, attention to detail with a thorough understanding of business impact and ways to minimize risk

Mandatory Skill Sets:

- Accounting background is preferred
- 5+ years experience in Fund Accounting
- Big four/ fund house / accounting firm work experience is preferred CPA/ ACCA a plus
- Experience of leading automation initiatives
- Demonstrates strong risk and control achievements

Additional Skill Sets:

- Good understanding of financial services and investment products.
- Strong attention to detail and a focus on service.
- Ability to perform under pressure and manage high volumes.
- Committed to learn technical aspects of each deliverable.
- Ability to communicate with various internal teams to resolve queries and escalate accordingly.
- Strong communication, interpersonal, organizational, and time management skills.
- Demonstrates an ability to be a leader within their team, as well as be a leader amongst your peers.
- Strong English and communication skills
- Strong problem solving and analytical skills
- Detail-oriented, owner's mindset, logical thinking
- Sense of responsibility and team work are required
- Effective communication, organizational and negotiation skills

Education & Preferred Qualifications:

- Graduate degree in Business, Accounting, Finance or equivalent experience preferred
- 8+ years of experience in related accounting or finance field preferred
- Location: Hyderabad/Bangalore/Pune/Coimbatore/Chennai/Mumbai