JOB SUMMARY:
Ü NAV – NAV computation in SAP and Excel
Ü Assist in Back office operations pertaining to the investment in various funds (control and unit linked)
Ü Internal, Management and Statutory reporting
Ü Audit Management- Concurrent and Statutory
Ü Bank Reconciliation preparation/ Review
Ü Dashboards for various investments
KEY RESPONSIBILITIES:
Ü 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
Ü 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
Ü Controls and reconciliations -
- Custodian and Holding reconciliation on a daily basis
- Ensure Clean Bank reconciliation statements
- STP reconciliation and approval
Ü Managing Audits – Conducting Concurrent Auditors and Statutory Auditors by providing timely data and ensuring successful completion of the same. System Audits
Ü Internal/Management/Statutory reporting – Providing reports to management as and when required
MEASURES OF SUCCESS:
Ü Accurate Accounting of investment entries in Oracle and timely reconciliation of books of accounts
Ü Timely and accurately calculation and release of NAV
Ü Timely submission of reports in line with regulatory and management requirements
Ü No issues in concurrent audit/ IRMS audit
MINIMUM EDUCATION:
Ü CA / MBA Finance
MINIMUM EXPERIENCE:
Ü 3-4 years of relevant experience post qualification.
Ü Experience of having worked in the Financial Sectors like broking firm, Mutual Fund Industry etc, and managing an investment back office will be preferred.
