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Middle Office - Assistant Vice President

Overview

Role: Middle Office - Assistant Vice President

Location: Mumbai

• Maintaining the client\'s accounting systems for all trade, accrual and accounting related information. Reviewing the NAVs and performance reports from the systems for any exceptions
• Reviewing the daily and monthly reconciliations, accounting reports and performance reports prepared by the administrator and ensuring the breaks and exceptions are cleared on a timely basis
• Reviewing the breaks in daily trade, position and cash reconciliations. Identifying the cause of breaks and actioning the same through coordination with departments involved and changes in the system. Processing and reviewing cash balances in the system against custodian\'s statements
• Managing the trade-booking and investor transactions booking in the accounting system and resolving any discrepancies post liaising with the trading team
• Managing the pricing process for funds assigned and monitoring the quality of prices against prices received from administrators, fund managers and custodians
• Reviewing the monthly reports (asset reconciliations, month end packages/reports and performance reports) prepared by the administrator for any exceptions
• Validating the breaks and exceptions already supported by the administrator
• Performing/reviewing the reconciliations and reports specific to products like underlying hedge funds, equities, FX Forwards, swaps etc
• Managing a small team involved in above operations, providing training to new members
• Ensuring the process documents are up to date for new and existing processes
• Close coordination with teams at administrator and client with an aim to resolve exceptions/breaks around daily and monthly reports
• Ensuring reports of highest quality are signed off to the client on daily/weekly/monthly basis
• Closely tracking the emails across services
• Closely monitoring client delivery schedule and team\'s progress on daily, monthly and quarterly tasks
• Identifying areas of improvement and sharing the inputs internally

• MBA in Finance/CA or equivalent
• Knowledge on Accounting concepts, Trade cycle and Reconciliations
• Only those with full-time degrees in English medium and excellent communication skills in spoken and written English
• Candidates should have more than 8 years of experience in Reconciliations and Fund Accounting role for Hedge Funds, Mutual Funds or Funds of Funds
• Willing to work in shifts including Night Shifts
• Knowledge and experience of reconciliation and fund accounting processes
• Knowledge of funds of funds setup will be an advantage
• Excellent written and verbal communication skills. Experience of communicating with offshore clients and counterparts over emails and calls
• Experience in managing teams, troubleshooting team\'s queries and providing training
• Proficient in use of Excel
• Ability to work in tight deadlines with a focus on risk areas/high accuracy
• Experience of working on fund accounting systems
• Ability to handle and prioritize multiple tasks and work independently
• Process/client onboarding experience

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependents, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR) please visit our .

If you are looking to take that next step in your career and are ready to work for a high performing organisation, alongside talented people who take pride in delivering great results, please submit your application (with your CV, cover letter and salary\'s expectations) to our dedicated email address:

Published date: 30 Dec 2022
PID: 12776

Apex Group