Alternative Operation Fund Accounting-Senior Associate

1 day ago

Chennai, Tamil Nadu, India State Street Full time ₹ 8,00,000 - ₹ 24,00,000 per year

Who we are looking for

  • At least 3+ years of experience in (Investment Banking) Hedge Fund/ Capital markets/ Fund Accounting along with Reconciliation & Resolution teams for both Cash and Position
  • Experience in Investment Banking and AMC's handling Fund Accounting operations preferred
  • Understanding of Investment Manager and Custody business will be a plus
  • Sound Knowledge on Capital markets and trade flow is required. Knowledge on Derivative products.
  • Good knowledge upstream and downstream process is required – Knowledge on NAV/Custody processes.
  • Knowledge on Geneva application will be an added advantage

What you will be responsible for

  • Daily Cash and Position Reconciliation between fund and Broker.
  • Hedge fund Reconciliation activity for Cash, Cost, and Position & Long-term & Short-term Gain/Loss Realization for the individual portfolio.
  • Reconciliation of Dividend & Market Valuation of the portfolio during month-ends for the fulfillment of calculation of GNAV.
  • Review and validate deliverables are completed within the specified SLA's
  • Create process flows for the various sub-process so that a repository is created for repeated trainings in the future
  • Strong Excel - MIS Reporting skills and Word Documents – SOPs
  • Should be willing to work in shifts
  • Strong SME skills to trouble shoot process issues
  • Business continuity management for the respective team
  • Drive process excellence initiative for the team.
  • Managing Client expectation and proactive approach is a must
  • Individual will have a strong customer service and operational focus and will provide integrated, value-added services to our clients

What we value

These skills will help you succeed in this role

  • Hands on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities.
  • Good domain skills in the reconciliation processes especially pertaining to market value recon, transaction and cost recon.
  • Exposure with portfolio accounting, General ledger systems
  • Candidate should be having sound knowledge on matching process & should be able to suggest & advise on matching rules & improvements
  • Comprehensive knowledge on Research & resolution on all recon breaks such as trade break/Corporate action breaks & other product related breaks
  • Candidate should be able to identify & report the process risks in the recon process
  • Exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts, Credit Default Swaps (CDS) and Contract for Difference (CFD Swaps).
  • Lean/Six sigma certification will be a plus.
  • Sound understanding of Risk excellence measures within the organization.
  • Understanding on Robotics & BPM.
  • Excellent People skill. Should be able to drive 10 to 15+ team in right direction
  • Lead and manage a team in day-to-day production of various Recon types
  • Ability to handle bigger span and adhere to strict timelines and quality deliverables
  • Good interpersonal, communication and people management skills
  • Ability to interact with BU / Global head effectively and manage SLA's

Education & Preferred Qualifications

  • Bachelor / Masters in Accounting/MBA Finance
  • NISM/NSE Certifications
  • CISI Certifications
  • MOOC Certifications

Additional Requirements

  • Ability to adhere to strict timelines
  • Good interpersonal and communication skills
  • Ability to work under tight timelines
  • Willing to work in any shifts.

  • Alternative Operations Reconciliations-Senior Associate

    3 days ago

    Chennai, Tamil Nadu, India State Street Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job Description Who we are looking forAt least 3+ years of experience in (Investment Banking) Hedge Fund/ Capital markets/ Fund Accounting along with Reconciliation & Resolution teams for both Cash and PositionExperience in Investment Banking and AMC's handling Fund Accounting operations preferred   Understanding of Investment Manager and Custody...

  • Alternative Operations Reconciliations-Senior Associate

    1 day ago

    Chennai, Tamil Nadu, India State Street Full time ₹ 1,20,000 - ₹ 2,60,000 per year

    Job Description Who we are looking forAt least 3+ years of experience in (Investment Banking) Hedge Fund/ Capital markets/ Fund Accounting along with Reconciliation & Resolution teams for both Cash and PositionExperience in Investment Banking and AMC's handling Fund Accounting operations preferred   Understanding of Investment Manager and Custody...

  • Associate – Fund Accounting

    5 days ago

    Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 4,00,000 - ₹ 8,00,000 per year

    Position Purpose We are looking for an ambitious fresh mind to provide support to the fund accounting department by managing daily NAV calculation and support function tasks. You will be part of a team of professionals working to maintain accounting books of Mutual funds.ResponsibilitiesDirect Responsibilities Acquire complete understanding of NAV...

  • Alternative Operations Reconciliations-Senior Associate

    5 days ago

    Chennai, Tamil Nadu, India State Street Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Job Description Who we are looking forAt least 3+ years of experience in (Investment Banking) Hedge Fund/ Capital markets/ Fund Accounting along with Reconciliation & Resolution teams for both Cash and PositionExperience in Investment Banking and AMC's handling Fund Accounting operations preferred   Understanding of Investment Manager and Custody...

  • Associate – Fund Accounting

    2 weeks ago

    Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    Position PurposeWe are looking for an ambitious fresh mind to provide support to the fund accounting department by managing daily NAV calculation and support function tasks. You will be part of a team of professionals working to maintain accounting books of Mutual funds.ResponsibilitiesDirect Responsibilities Acquire complete understanding of NAV...

  • Fund accounting

    1 day ago

    Chennai, Tamil Nadu, India Kiya Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    Shift Timing Flexible for all the shift (APAC, EMEA, US)Location Chennai, 2nd floor.Years of experience 2 to 5 yearsMust to have skills:i) Fund Accounting, Fund accounting trade capture, Fund Accounting Reconciliation ii) Knowledge of all financial instrument iii) Capital market domain iv) Tools - Excel (Beginner to Intermediate Level)Good to have skills i)...

  • Account Executive

    2 weeks ago

    Chennai, Tamil Nadu, India RK Accounting Full time ₹ 3,00,000 - ₹ 6,00,000 per year

    Reconciliation of Debtors, Creditors and other Ledger AccountInvoice bill checking & Vendor Payment Processing.Checking of Receipts & Payments Voucher.Manage and track petty cash and expensesKnowledge of Accounts Payable processHealth insuranceProvident fund

  • Fund Accounting Manager

    4 weeks ago

    Chennai, Tamil Nadu, India, Tamil Nadu Corenza Full time

    About the company:A rapidly growing investment management firm specializing in alternative funds, offering customized solutions for investors. Manages fund accounting, NAV computation, portfolio tracking, investor reporting, compliance, audits, fee management, and enhances efficiency through automation.1. Fund Accounting & Reporting • Maintain books of...

  • Alternative Operation Reconciliations

    5 days ago

    Chennai, Tamil Nadu, India State Street Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Who we are looking forAt least 3+ years of experience in (Investment Banking) Hedge Fund/ Capital markets/ Fund Accounting along with Reconciliation & Resolution teams for both Cash and PositionExperience in Investment Banking and AMC's handling Fund Accounting operations preferred   Understanding of Investment Manager and Custody business will be a plus...

  • Senior operation associate

    2 weeks ago

    Chennai, Tamil Nadu, India Desicrew Solutions Private Limited Full time ₹ 1,82,000 - ₹ 3,60,000 per year

    FULL JOB DESCRIPTIONSenior Operations Associate includes responsibilities like leading projects, optimizing processes, analyzing data to provide insights, collaborating with cross-functional teams, and providing mentorship to junior staff. This role typically requires strong analytical and communication skills, a passion for efficiency, and the ability to...