Fund Accounting

1 week ago

Bengaluru, India State Street Full time

**Responsibilities**:
Manage the day-to-day activities of a functional/oversight team by monitoring, reviewing and validating all daily activity to ensure accuracy and timeliness in calculations and processing, as well as adherence to controls, e.g. ensuring accurate g/l and/or balance for daily pricing
- Undertake the following, with a goal of 100% accuracy, timeliness and completeness:

- Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned funds
- Assist and train others in your team with their NAV calculation and problem resolution
- Design and implement operational efficiencies
- Provide timely accurate management reporting and issue log maintenance, under moderate supervision
- Research and resolve exceptions and issues
- Escalate unresolved issues to management as required
- Reconcile and resolve discrepancies with other Shared Service teams, external clients and Client Operations as needed
- Ensure all inquiries are resolved in a timely and accurate manner and communicates effectively with client when necessary
- Ensure appropriate records of daily and monthly activities are kept - Coordinate effective and timely flow of critical information to all relevant parties and follows up on administrative details within the department
- Oversee the adherence to Standard Operating Procedures
- Maintain knowledge of current alternative procedures and processes
- Assist with workflow management and technology enhancement, make suggestions to streamline operations
- Document any updates or changes to formal procedures, databases, etc.
- Participate in projects as well as prepare and verify information for those various projects/special requests as directed
- Train, develop and motivate new staff and complete performance appraisals
- Provide staffing recommendations by interviewing new personnel
- Coordinate and supervise work efforts when multiple Associates are needed to complete work
- Provide coaching and development opportunities to staff, participate in individual on-going training and development
- Has accountability and responsibility for completing and delivering PPRs on time
- Make effective recommendations to hire, discipline, control work and terminate employment
- Make effective recommendations for promotions, salary increases and bonuses.
- During the course of normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
- Perform duties of Associates if required, perform other duties as assigned.

**Experience Requirements**:

- Minimum of 2 -3 years of Fund Accounting experience
- Knowledge of securities language and legal requirements.
- Good interpersonal and organizational skills.
- Some understanding of operational functions within Hedge / Mutual Fund Accounting.

**Education Requirements**:

- Novice to Competent with a Bachelor’s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred.
- Proficient with Microsoft Office Products (Excel, Word)
- Location: Bangalore - Night shifts
- Excellent communication, organization, interpersonal planning, and analytical skills
- Deadline and detail oriented

  • Fund Accountant

    2 weeks ago

    Bengaluru, Karnataka, India CSC Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Function: Fund ServicesJob Type: PermanentLocation: BangaloreShift: Night ShiftWork Mode: HybridPosition:This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity & Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with...

  • Fund Accountant

    3 weeks ago

    Bengaluru, India MNC Full time

    Job Description DOMAIN SKILLS: - Very good understanding of Financial Accounting - General understanding of Capital Markets - General understanding of Banking - General understanding of Private Equity / Real Estate / Hedge Funds - Hands on experience of Private Equity / Real Estate / Hedge Funds systems - Reasonable understanding of Private Equity / Real...

  • Fund Accounting

    2 weeks ago

    Bengaluru, Karnataka, India JPMorganChase Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    JOB DESCRIPTION Join JPMorganChase as a Fund Servicing Associate II and be at the forefront of enhancing our operational services in fund accounting and administration. This role offers a unique opportunity for career growth and skill development, as you collaborate with a dynamic team and contribute to impactful solutions. Experience the benefits of being...

  • Fund Accountant

    2 weeks ago

    Bengaluru, Hyderabad, India Ziphertech Full time ₹ 8,33,333 - ₹ 25,00,000 per year

    Should have Fund Accounting into Hedge fund & end to end NAV calculation. A background in private capital markets (one or several of the following: Hedge Funds, private credit, real estate, infrastructure). Must have have exp working in Hedge Fund Required Candidate profile2 to 10 yrs of financial industry exp Well versed with GAV/NAV calculations and...

  • Institutional Sales Manager – Mutual Funds

    2 weeks ago

    Bengaluru, India Capitalmind Mutual Fund Full time

    Job Title : Institutional Sales Manager – Mutual Funds Company : Capitalmind Asset Management Private Limited Location : Sector 1, HSR Layout, Bangalore (Work from Office) About Capitalmind: As Capitalmind Asset Management Private Limited, we manage the Capitalmind Mutual fund and have been seeded with capital from its parent and sponsor, Capitalmind...

  • Institutional Sales Manager – Mutual Funds

    3 weeks ago

    Bengaluru, India Capitalmind Mutual Fund Full time

    Job Title : Institutional Sales Manager – Mutual Funds Company : Capitalmind Asset Management Private Limited Location : Sector 1, HSR Layout, Bangalore (Work from Office) About Capitalmind: As Capitalmind Asset Management Private Limited, we manage the Capitalmind Mutual fund and have been seeded with capital from its parent and sponsor, Capitalmind...

  • Fund Accountant

    4 days ago

    Bengaluru, Mumbai, Pune, India Topgear Consultants Full time ₹ 30,00,000 - ₹ 50,00,000 per year

    Position: Manager Fund AccountingLocation: Bangalore / Pune / Mumbai (Hybrid)Work Model: 1 week from office per month (must be open to relocate if from another city)Shift Timings: 3:00 PM 12:00 Midnight (during peak time may extend to 6:00 PM 3:00 AM)Week Off: Saturday & Sunday fixed offCompensation: Up to 50 LPA (including 10% variable) – based on...

  • Institutional Sales Manager – Mutual Funds

    2 weeks ago

    Bengaluru, India Capitalmind Mutual Fund Full time

    Job Title: Institutional Sales Manager – Mutual FundsCompany: Capitalmind Asset Management Private LimitedLocation: Sector 1, HSR Layout, Bangalore (Work from Office)About Capitalmind:As Capitalmind Asset Management Private Limited, we manage the Capitalmind Mutual fund and have been seeded with capital from its parent and sponsor, Capitalmind Financial...

  • Fund Accountant

    4 days ago

    Bengaluru, Karnataka, India The HIRD Full time ₹ 31,50,000 - ₹ 42,00,000 per year

    Role: Team Lead/Lead Analyst Fund AccountingExperience : 7yrs to 14 yrsCTC : 25 Lpa 35 LpaLocation: BangaloreKey Resposbilities :The candidate will need to review the daily tasks of team members as outlined below:Daily journal entries for their respective entitiesReview the monthly/quarterly work papersReview quarterly Capital Account StatementsThe candidate...

  • Fund Accounting

    2 weeks ago

    Bengaluru, Karnataka, India Northern Trust Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Fund Accounting Trades TeamAt large, Fund Accounting Department is responsible for end to end to NAV calculation and Trades Team (A sub-team) within Fund Accounting Department is responsible for Trades piece of NAV Calculation.The trade processing team is responsible to ensure all trades are processed in applicable systems (accurately in timely manner) and...