Financial Operations Associate
4 weeks ago
Key Responsibilities
- Act as a liaison between funds and their investment managers, ensuring seamless communication and record-keeping.
- Prepare and review daily Net Asset Values, yields, distributions, and other fund accounting outputs to ensure accuracy and timeliness.
- Accurately and efficiently process capital activities, including subscriptions, redemptions, and transfers, while maintaining compliance with relevant accounting standards.
- Manage daily cash flows, monitor fund cash movements, and process incoming and outgoing cash transactions related to capital activity.
- Independently complete cash, portfolio, and capital reconciliations, investigating and resolving any discrepancies.
- Prepare and deliver investor and client reports, including audit confirmations and trade confirmations.
- Communicate transactions associated with the fund(s) and collaborate with internal and external clients to provide accurate and thorough accounting packages.
- Identify and address exceptions and problems affecting accounting records and prices, communicating with management and assisting in their resolution.
- Correspond with external and internal stakeholders regarding day-to-day fund inquiries, including security trades, fee payments, cash position breaks, and reconciliations.
Requirements for this role include:
- University degree or equivalent in Finance or Accounting, with a strong foundation in financial principles.
- Knowledge of capital markets and financial instruments, including derivatives and corporate actions.
- 1-2 years of experience in capital markets, with a strong understanding of financial software and systems.
- Proficiency in MS-Excel and ability to work in a fast-paced environment with varying shifts.
- Prior experience with InvestOne and Bloomberg is an added advantage.
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