Sr Accountant Fund
Empower · Bengaluru · onsite · Posted 43d ago
Undisclosed5–6 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.
Role Summary
The Fund Accountant is responsible for the accurate and timely processing of investment transactions, security setup, reconciliations, and corporate action activities across multiple asset classes. The role supports daily fund accounting operations by ensuring data integrity, resolving reconciliation breaks, maintaining security master records, and contributing to accurate Net Asset Value (NAV) reporting while delivering exceptional client service and operational excellence.
Key Responsibilities
- Process and validate investment transactions across Equities, Fixed Income, Bonds, Mutual Funds, Retirement Funds, ABS and MBS.
- Perform daily trade processing and reconciliation of trades, cash and positions.
- Process and Review and reconcile corporate actions including dividends, interest payments, and bond redemptions.
- Process and review spot and forward FX transactions.
- Calculate bond interest, mortgage paydowns, collateral movements, and cross-currency dividends using Bloomberg/IDC.
- Perform and review security setup and maintenance based on market data and client instructions.
- Review the record date reconciliations, entitlement adjustments, subscription/redemption reconciliations, and cash wire validations.
- Investigate and resolve reconciliation breaks with custodians and internal accounting systems.
- Processing and reviewing Income and Expense accruals.
- Reviewing variation Margin and its adjustment
- Demonstrate strong understanding of NAV and operational impacts.
- Maintain operational accuracy while meeting SLAs, regulatory requirements and ensure compliance with internal controls
- Perform root cause analysis and recommend process improvements.
- Participate in automation, UAT, system implementations, and SOP documentation/review.
- Collaborate with global stakeholders and mentor junior team members where applicable.
- Perform complex activities in terms of bank loan trades, Fx deliveries postings, GL offsetting TIPS, TBAs and subscription redemption reconciliation
Qualifications
- Bachelor s degree in finance, Accounting, Commerce, or related discipline.
- 5-6 years of experience in Investment Banking, Fund Accounting, Asset Management, or Financial Services.
- Strong understanding of capital markets, mutual funds, fund accounting, trade lifecycle, investment operations and reconciliation.
Technical Skills
- Bloomberg, IDC or similar market data platforms.
- Microsoft Excel.
Behavioral Competencies
- Analytical thinking and problem-solving.
- Attention to detail and accuracy.
- Strong communication and stakeholder management.
- Ownership, accountability, and customer focus.
- Ability to work under deadlines.
- Flexible working in US shift
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
Automationaccounting systemsFixed IncomeFXFund accountingCorporate actionsAsset ManagementAccrualsaccountantGLBankingCapital MarketsEquitiesDividendsBloombergBondsFinancial ServicesAccountingcompliancefinance
About Empower
Empower
Financial Services
2.2k+
employees
1891
135 years old
Greenwood Village, Colorado
US
₹10.1L PA avg
Avg at Empower
About
Operates in the financial services sector, assisting individuals and organizations in managing savings and investments for retirement.
Industries
Financial ServicesInsurance
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