Lead Fund Accounting Operations Manager
5 days ago
Job Summary:
">KFin Technologies Ltd. is seeking a highly skilled and experienced professional to lead our fund accounting operations team. As the Head of Fund Accounting, you will be responsible for overseeing and leading a team of 50+ professionals and managing a diverse portfolio of 100+ clients within the financial services industry comprising domestic & global alternates/MF/PMS funds.
">Key Responsibilities:
">- ">
- Team Management: Lead, motivate, and develop a team of 50+ fund accounting professionals; set performance goals and conduct regular performance evaluations; develop KPIs for teams and ensure all necessary controls are in place; manage work allocation among teams and ensure backup plans are in place; liaise with multiple stakeholders in the organization and ensure tight deadlines are met by the team.">
- Client Relationship Management: Cultivate and maintain strong relationships with existing clients; understand clients' unique needs and provide tailored solutions to meet their requirements; address client inquiries, concerns, and requests promptly and professionally; ensure all SLAs for daily/weekly/monthly/quarterly activities are met.">
- Fund Accounting Operations: Oversee day-to-day fund accounting activities, including NAV calculations, financial reporting, financial statement preparation (US GAAP/IFRS), and reconciliations; responsible for making sure that all activities like booking of journal entries, management fee calculations, calculation of asset and performance-based fees, including equalization and waterfall, etc.; prepare financial statements under relevant accounting standards (IFRS or local GAAP); ensure adherence to accounting principles, industry standards, and regulatory guidelines.">
- Compliance and Risk Management: Stay up-to-date with relevant industry regulations and accounting standards of alternates, international business; ensure compliance with all legal and regulatory requirements; implement and maintain effective risk management procedures to safeguard assets and minimize operational risks; handle audit; thorough understanding of ongoing compliance rules, event-based compliance & regulatory compliance for various fund structures across jurisdictions.">
- Process Improvement: Identify opportunities to streamline processes and enhance operational efficiency; lead initiatives to implement new technologies and automation to improve workflows; involved in strategic planning, hiring right talent, training, process reengineering; continuously monitor and evaluate the effectiveness of internal controls; support global changes in key operating procedures and implementation; support on operations on projects related to key automation/work migrations/conversions.">
- Reporting and Analysis: Prepare and present comprehensive reports to senior management and clients; provide insights and recommendations based on data analysis to improve fund performance.">
- Vendor and Stakeholder Management: Manage relationships with external vendors and service providers; collaborate with other internal departments and stakeholders to ensure seamless operations.">
Requirements:
">- ">
- Master's degree in accounting, finance, or a related field (CA/CFA/CPA preferred)">
- Proven experience in fund accounting, with a minimum of 15+ years of relevant work experience">
- Strong understanding of financial markets, investment products, and accounting principles">
- Strong understanding of international fund structures, MFs/CIS/Alternates/PE/Real estate/Hedge fund processes">
- Prior experience managing a large team of 50+ professionals">
- Excellent leadership, communication, and interpersonal skills">
- In-depth knowledge of regulatory requirements and compliance standards in the Indian & foreign financial industry">
- Ability to handle multiple priorities, meet deadlines, and thrive in a fast-paced environment">
- Proficiency in fund accounting software and Microsoft Office Suite">
Benefits:
">We offer a competitive salary package, excellent benefits, and opportunities for growth and development.
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