Assistant Manager Fund Accounting

7 months ago

Bengaluru, India FRI FIL India Business and Research Services Private Limited Full time

Description

Title: Fund Accounting Assistant Manager

Department: ISS COO - Fund Servicing Shared Services India

Location: Bangalore

Reports To: Fund Accounting Manager - Operations (Grade 5)

Level: 4

Department overview

ISS COO - Fund Services and Oversight (FSO) is the operational backbone of Fidelity International, crucial to the accurate, timely and efficient administration of our funds. Located in several global locations, we provide the middle and back-office functions for the company ranging from trade settlement, corporate action processing and NAV generation, through to the production of reports and accounts for our funds. In an industry that is becoming ever more complex it's essential that we can be creative and adaptable in the services and solutions we offer. Our mission is to add value in every aspect of investment administration by delivering excellent service with a combination of innovative flexible solutions, outstanding knowledge resources, and total commitment to our company goals, while optimising the cost structure of services supplied.

We achieve this by:

Providing a challenging and rewarding environment for our people Working with customers on developing timely, cost effective and creative solutions Constantly improving customer service delivery with strategic, scalable solutions in a risk-controlled environment

The Global Fund Accounting department, within FSO Operations, is responsible for all the tasks required to ensure our fund investors receive accurate returns and information. This includes calculating the daily NAV for each fund, maintaining accurate accounting records for over 2,000 funds, compiling statutory reporting for shareholders in line with accounting standards, completing fund level tax and regulatory reporting along with calculating income distributions. Three quarters of the NAV calculations are completed in house by the FIL Fund Accounting teams in Japan, Luxembourg, the United Kingdom & Ireland. The remainder of the NAV calculations are outsourced to third party administrators across Australia, Hong Kong, Taiwan and Korea where FIL Fund Accounting provide an oversight for these functions.

What you’ll do

This role will be part of the Fund Servicing Shared Services in India. The team is responsible for supporting the FSO teams globally and ensure the funds core accounting records are accurate and meet regulatory and accounting standards. You would be leading the FA function role for UK or Ireland and would be required to provide leadership to your team members with high quality of service delivery and support global FA team and ongoing transformation initiatives and audit reviews, etc

Key Responsibilities

Day to day management of a team of fund accountants Manage and seamlessly deliver process migrations from global locations. Recruitment, training, development, coaching and motivation. All fund accounting controls are completed, and accounting records are accurate and up-to-date, Ensure daily accounting data is input into the books and records of the funds accurately Production of key deliverables to SLA’s. Review of productivity and efficiency of the team with focus on controls, procedures and risk mitigation, Management of relationships with key internal and external stakeholders, Production of management information for key stakeholders, Implementation and maintenance of an effective control framework to ensure the integrity of the books and records of all products Create an environment of continuous improvement within the team Execute / Support actions and next steps for the implementation of target operating models Be an advocate for the department across the enterprise

Experience and Qualifications Required

Bachelor’s degree in accountancy or Finance Preferably Qualified accountant or qualified through experience Relevant Fund Accounting experience / knowledge Good working knowledge of Office applications, particularly Excel and Access

Essential Skills:

Timely and accurate delivery of all functions performed within FA India team Excellent communication skills Strong planning skills & Management experience Knowledge of the asset management industry Have a flexible approach, be self-motivated and a strong team player. Excellent attention to detail and ability to identify issues of potential risk Ability to work under pressure and to tight deadlines Work closely with various global teams to provide necessary support. Support change and transformation initiatives Demonstrate good people management skills Work collaborative with technologies and bring innovative ideas, automation and best practice on the table.

Key Competencies

Self-motivated with a strong desire to succeed Comprehensive understanding of risk and control methodologies Own the outcome - takes personal accountability Ability to operate in a rapidly changing and dynamic environments, working respectfully across cultures and clear emotional intelligence

Feel rewarded

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team.

  • Fund Accountant

    2 months ago

    Bengaluru, India Arena Investors I Quaestor Advisors Full time

    Assist in the monthly close process of the firm’s funds, separately managed accounts, and finance companies: Prepare and review management fee calculations, incentive fee calculations, and capital roll forwards along with reconciliations from the fund administrator Review fund level waterfall allocations. Prepare and review requisite journal entries ...

  • Fund Accounting Manager

    3 weeks ago

    Bengaluru, Karnataka, India State Street Full time

    Job DescriptionWe are seeking an experienced Fund Accounting Manager to join our team at State Street. The successful candidate will be responsible for managing 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...

  • Fund Accounting

    7 months ago

    Bengaluru, India JPMorgan Chase & Co. Full time

    Job summary  As a Fund Accountant within our financial team, you will be responsible for preparing consolidated accounts and investor reporting for investment funds. You will manage the performance of assigned staff and set team priorities. You will also manage relationships with assigned clients and ensure all questions are answered and issues with...

  • Fund Accounting Associate

    3 weeks ago

    Bengaluru, Karnataka, India Fundtec Services LLP Full time

    **Key Responsibilities**: - Fund Accounting: Maintain accurate records, reconcile transactions, calculate Net Asset Value (NAV), and record income and expenses. - Financial Reporting: Prepare financial statements, investor reports, and regulatory filings. - Performance Measurement: Analyze fund performance and prepare performance reports. - Valuation: Value...

  • Fund accounting

    1 month ago

    Bengaluru, India Eton Solutions LP Full time

    About the CompanyEton Solutions is a hypergrowth fintech transforming the Family Office segment of the Wealth Management industry. Eton’s Atlas Five® is a comprehensive enterprise management platform specifically designed to allow today’s modern Family Office meet the unique and varied challenges of Ultra High Net Worth families.For More details visit: ...

  • Fund Accounting

    1 month ago

    Bengaluru, India Eton Solutions LP Full time

    About the CompanyEton Solutions is a hypergrowth fintech transforming the Family Office segment of the Wealth Management industry. Eton’s AtlasFive® is a comprehensive enterprise management platform specifically designed to allow today’s modern Family Office meet the unique and varied challenges of Ultra High Net Worth families.For More details visit: ...

  • Senior Fund Accountant

    7 months ago

    Bengaluru, India Squarepoint Capital Full time

    Squarepoint is a global investment management firm that utilizes a diversified portfolio of systematic and quantitative strategies across financial markets that seeks to achieve high quality, uncorrelated returns for our clients. We have deep expertise in trading, technology and operations and attribute our success to rigorous scientific research. As a...

  • Financial Operations Manager

    1 month ago

    Bengaluru, Karnataka, India State Street Full time

    Job DescriptionCompany OverviewWe are seeking a highly skilled Financial Operations Manager to join our team at State Street. As a key member of our Fund Accounting group, you will play a crucial role in ensuring the accuracy and timeliness of financial calculations and processing.Key Responsibilities:Manage the day-to-day activities of a...

  • Assistant Manager/Deputy Manager – Alternate Investment Funds

    8 months ago

    Bengaluru, India KFintech Full time

    Roles and Responsibilities Prepare timely and accurate Net Assets Values (NAV) for Mutual Fund and AIF client and other fund accounting output for subsequent review. Record accurately, and in accordance with the client’s policies and procedures, such as accounting records as securities positions, corporate actions related, and journal entries. ...

  • Fund Accounting Leader

    3 weeks ago

    Bengaluru, Karnataka, India FRI FIL India Business and Research Services Private Limited Full time

    About FRI FIL India Business and Research Services Private LimitedFRI FIL India Business and Research Services Private Limited is the operational backbone of our global organization, providing critical services to ensure the accurate, timely, and efficient administration of our funds. Located in Bangalore, we provide middle and back-office functions,...

  • Hedge Fund Accounting

    4 months ago

    Bengaluru, Karnataka, India State Street Corporation Full time

    Hedge Fund Accounting - Associate Responsibilities: - Conduct on site implementations of Geneva, including software installation, setup and hands-on functional and technical training. - Complete and validate cash and position reconciliations individually. - Complete and validate new system portfolio pricing individually. - Complete Income and expense...

  • Fund Accounting

    2 weeks ago

    Bengaluru, Karnataka, India State Street Corporation Full time

    Fund Accounting - Associate **Who we are looking for** Manage the day-to-day activities in ETF operations. Reviewing and validating all daily activity to ensure accuracy and timeliness in ETF operations. Should have knowledge about trade processing, corporate action and fund accounting. **Why this role is important to us** The team you will be joining is a...

  • Financial Manager Fund Accounting Lead

    4 weeks ago

    Bengaluru, Karnataka, India FRI FIL India Business and Research Services Private Limited Full time

    Company Overview FRI FIL India Business and Research Services Private Limited is a leading provider of financial services, committed to delivering exceptional results in a rapidly changing environment.We strive to be at the forefront of innovation, providing cutting-edge solutions that meet the evolving needs of our clients. Our team is comprised of highly...

  • Private Equity Fund Accounting

    6 months ago

    Bengaluru, India LRI Invest S.A. Full time

    **Private Equity Fund Accounting - Assistant Vice President** *** **Pune/Bangalore** **/Hyderabad/Mumbai/Kolka** **ta** experience in hybrid structure Private Equity Funds, Client relationship management, Team Management. Preparing Financials/Investor notices and other Client reporting, processing payments etc. **Key duties and responsibilities** - Review...

  • Fund Accounting

    3 weeks ago

    Bengaluru, Karnataka, India JPMorganChase Full time

    **JOB DESCRIPTION** Introductory Market Language** Take a role in acquiring, managing and retaining meaningful relationships that deliver outstanding experience to our customers. **Job Summary** As a Fund Accountant in our global business team, you will partner with other lines of business and offshore partners, providing oversight and support of daily...

  • Hedge Fund Accounting

    4 months ago

    Bengaluru, Karnataka, India State Street Full time

    Responsibilities: - Conduct on site implementations of Geneva, including software installation, setup and hands-on functional and technical training. - Complete and validate cash and position reconciliations individually. - Complete and validate new system portfolio pricing individually. - Complete Income and expense accrual in line with old system...

  • Accounts Assistant

    3 months ago

    Bengaluru, Karnataka, India Teachire Full time

    We are searching for a motivated Accounting Assistant who is an excellent multitasker with exceptional communication and time management skills. Accounting Assistants can expect to assist the Accounting department with data entry, processing, and recording transactions, updating the ledger, assisting with audits or fact-checking, and preparing budgets and...

  • Assistant Accounts

    1 month ago

    Bengaluru, Karnataka, India Spice Rush Full time

    **Key Responsibilities**: - Maintain and manage all financial records, ledgers, and accounts - Prepare monthly, quarterly, and annual Stock reports - Monitor and manage routewise dispatches and accounts receivable - Conduct regular audits to ensure stock integrity and accuracy - Assist with stock report preparations - Collaborate with team members on...

  • Accounts Assistant

    1 month ago

    Bengaluru, Karnataka, India Goldenbee Global School Full time

    **Job Title**: Accounts Assistant **Company**: GoldenBee Global School **Location**: BTM Layout, Bangalore **Salary**: ₹15,000 per month **Experience Required**: 0 to 1 years/ freshers can also apply GoldenBee Global School is seeking an Accounts Assistant to join our finance team. This role is ideal for someone with 1 to 2 years of experience in...

  • Accounts Assistant

    7 months ago

    Bengaluru, India AJ Recruitment Services Full time

    Accounts Assistance | Salary : 20 - 25 k |Location : Infantry road |Experience : 1 - 2 years responsible for assisting Accountants with basic bookkeeping and accounting tasks. Their duties include reconciling bank records, drafting financial documents and invoicing customers or collecting payments **Salary**: ₹20,000.00 - ₹25,000.00 per...