Assistant Manager

Job Purpose

To carry out accurate accounting, settlement and valuation of equity securities across the portfolios. Preparation of MIS accurately and within timelines. Timely coordination with auditors, other departments such as Accounts & MIS, Taxation, Actuarial etc for seamless completion of audit and periodic accurate financial reporting.

Job Context & Major Challenges

Job Context: To carry out accurate accounting, settlement and valuation of equity securities across the portfolios. Preparation of MIS accurately and within timelines. Timely coordination with auditors, other departments such as Accounts & MIS, Taxation, Actuarial etc for seamless completion of audit and periodic accurate financial reporting.

Job Challenges:

• Multiple system interface understanding required to carry out day's activity.
• Accuracy & promptness for Settlement, Accounting & valuation need to be ensured considering the system and asset complexities.
• Timely submissions of reports for substantiating data across various audits
  
  

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)

KRA1 Carry out timely and accurate Equity Settlement for accounting 1. Equity Settlement on STP including custody and broker confirmation

• Co-ordination with Equity Brokers and Dealers and Custody for trade settlement
• Calculation of Margin payable
• Provision of equity related cash flows in the cash flow projections
  
  

KRA2 Support the Accounting and Valuation of Equity Portfolio across funds for NAV release 1. Creation of Equity and Broker Master

• Timely and accurate accounting of Equity Trades
• MTM valuation of Equity Portfolio across fund groups
• Tracking and accounting of Corporate Action
  
  

KRA3 Undertake Daily checking of Debt Valuation and Accounting for ensuring accuracy of NAV's released 1. Checking of Debt Valuation across all funds

• Checking of Debt Accounting across all funds
  
  

KRA4 Preparation of MIS for Management review, financial reporting and Audit Data 1. Preparation of Financial Reports as per IRDA, Schedule VI & IFRS.

• Preparation of daily, monthly, yearly MIS
• Preparation of To-be-Revived Policies reconciliation
• Adhoc investment MIS as and when required by IRDA, Actuary, Front-Office, Taxation, Planning and Management.
• Co-ordination with statutory, Internal & Concurrent auditors
• Timely and accurate vendor payment
  
  

KRA5 Project support 1. Facilitating in testing and implementation.