
Financial Operations Manager
2 days ago
As an expert in accounting and back-office operations, you will play a pivotal role in ensuring the seamless functioning of client accounts and back-office processes.
Key Responsibilities- Manage client ledgers, tracking deposits, withdrawals, and trading margins to ensure accuracy and compliance with statutory regulations.
- Reconcile daily balances to guarantee precision in client accounts and generate detailed P&L reports for clients.
- Calculate and record brokerage, statutory fees, and other trade-related charges to facilitate accurate reporting and compliance.
- Assist clients with capital gains accounting and generate tax-related reports to ensure timely compliance.
- Ensure reconciliation of trading balances with bank accounts and back-office records to prevent discrepancies and inaccuracies.
- Oversee end-to-end client onboarding process, including KYC verification and account setup, to guarantee smooth onboarding experiences.
- Process and record client pay-ins and pay-outs for trades, ensuring timely completion of T+1/T+2 settlement obligations.
- Generate and distribute contract notes, trade confirmations, and margin reports to clients, facilitating transparent communication and efficient trade execution.
- Ensure compliance with GST, TDS, and other tax-related obligations, guaranteeing accurate reporting and timely payments.
- Reconcile bank accounts, client accounts, and trade settlements regularly to prevent discrepancies and inaccuracies.
- Maintain accurate records of client transactions, including deposits, withdrawals, and trading activities.
- Generate regular financial reports for clients, highlighting key performance indicators and providing actionable insights.
- Develop and implement efficient back-office processes, ensuring seamless integration with accounting and trading functions.
- Collaborate with cross-functional teams to enhance operational efficiency, reduce errors, and improve overall productivity.
- Implement and maintain robust risk management systems, ensuring timely identification and mitigation of potential risks.
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