Fund Accounting Associate

Job Title: PMS Fund Accountant

Qualification

• B.Com / M.Com
• CA Inter / MBA (Finance) preferred

Experience

• 3 to 7 years of relevant experience in PMS Fund Accounting.
• Practical experience in NAV computation is mandatory.
• Hands-on experience in portfolio accounting and investment operations.

Key Responsibilities

Fund Accounting & NAV

• Perform end-to-end fund accounting activities for PMS portfolios.
• Calculate, review, and validate NAV on a periodic basis.
• Record accounting entries for securities, cash, accruals, expenses, income, and corporate actions.
• Calculate management fees, performance fees, and other PMS-related charges.

Investment Operations

• Process and account for corporate actions, ensuring timely recording of benefits.
• Perform redemption calculations.
• Monitor and account for investment transactions and settlements.
• Calculate portfolio and client performance.

Reconciliation & Reporting

• Reconcile securities holdings and cash positions on a regular basis.
• Investigate and resolve reconciliation breaks.
• Prepare and send client portfolio reports and statements.
• Assist in preparation and submission of regulatory reports.

Audit & Compliance

• Support statutory, internal, and regulatory audits.
• Maintain proper records and supporting documentation for audit purposes.
• Ensure compliance with applicable accounting and regulatory requirements.

Stakeholder Management

• Handle client queries related to portfolio accounting and reporting.
• Liaise with portfolio managers, custodians, auditors, and internal teams to ensure smooth operations.
• Coordinate with brokers and other service providers regarding settlement and operational matters.

Financials & Taxation

• Assist in preparation of financial statements and schedules.
• Working knowledge of taxation, including Income Tax and GST, will be preferred.
• Understanding of settlement processes and their accounting impact will be an added advantage.

Technical Skills

• Strong knowledge of PMS Fund Accounting and NAV computation.
• Good understanding of securities accounting and investment operations.
• Advanced Excel skills.
• Hands-on experience with Wealth Spectrum will be an added advantage.

Preferred Candidate Profile

• Strong analytical and reconciliation skills.
• High attention to detail and accuracy.
• Good communication and stakeholder management skills.
• Ability to work under tight timelines.

Experience: 3 to 7 Years
Qualification: B.Com / CA Inter / MBA (Finance)
Domain: PMS Fund Accounting
Location: Mumbai