JOB SUMMARY:
NAV – NAV computation in SAP and Excel
Assist in Back office operations pertaining to the investment in various funds (control and unit linked)
Internal, Management and Statutory reporting
Audit Management- Concurrent and Statutory
Bank Reconciliation preparation/ Review
Dashboards for various investments
KEY RESPONSIBILITIES:
Accounting of Investment Entries/Fund Accounting –
Manage Integration of SAP system and Sun system codes/ oracle
Ensure that accurate accounting entries are correctly passed in oracle
NAV Computation in Excel and SAP –
Accounting of deals for the day in SAP system
Verification of daily Interest Accruals and daily amortisation
Tracking of Corporate actions
Updation of Mutual Fund, Equity, G-Sec, Bond prices in SAP system
Calculation of Fund Management Charges and Payout of the same
Trade Settlement – Equity and Debt
Valuation of Bonds through Crisil Bond Valuer
Calculation and declaration of accurate NAV post confirmation from concurrent auditors
Calculation of Net Asset Value in Excel and checking the same with SAP
Controls and reconciliations -
Custodian and Holding reconciliation on a daily basis
Ensure Clean Bank reconciliation statements
STP reconciliation and approval
Managing Audits–Conducting Concurrent Auditors and Statutory Auditors by providing timely data and ensuring successful completion of the same. System Audits
Internal/Management/Statutory reporting – Providing reports to management as and when required
MEASURES OF SUCCESS:
Accurate Accounting of investment entries in Oracle and timely reconciliation of books of accounts
Timely and accurately calculation and release of NAV
Timely submission of reports in line with regulatory and management requirements
No issues in concurrent audit/ IRMS audit
JOB REQUIREMENTS
MINIMUM EDUCATION:
CA / MBA Finance
MINIMUM EXPERIENCE:
3-4 years of relevant experience post qualification.
Experience of having worked in the Financial Sectors like broking firm, Mutual Fund Industry etc, and managing an investment back office will be preferred.
