Job Description

We are looking for a Team Lead - Fund Accounting Operations to oversee and manage the daily operations of fund accounting processes. The ideal candidate will have a strong background NAV calculations across the financial services industry

• The Team Lead - Fund Accounting Operations will oversee fund accounting operations of mutual fund business. This role will manage compliance of publication of NAVs of mutual fund schemes and will ensure compliance of mutual fund regulations applicable for the financial statements of the schemes.
• ensure all key business numbers going in public for marketing or collaterals are reviewed and submission after quality checks and are error free.
• Supervise computation of NAV calculation of all schemes and to ensure the same complied with SEBI guidelines, internal valuation policy
• Monitor submission of NAV of schemes with the regulatory bodies and the same is shared with relevant stakeholder for onward publication
• Ensure compliance of tax provisions applicable to the mutual fund schemes such as GST, TDS, Income tax, STT etc. Ensure accurate and timely payment of statutory payments and submissions of returns as per applicable laws.
• Ensure scheme books are prepared and maintained as per the applicable accounting standards and periodical review of trial balanced is performed to ensure compliance of SEBI guidelines of scheme financials. To oversee periodical audits such as internal audit, statutory audit and SEBI inspection and ensure that the audits are performed within the defined timelines without any material observations.
• Ensure adherence to Fund accounting processes documented as per the Standard Operating Procedures (SOP) and ensure periodical testing and review of the processes.
• Responsible for delivery of accurate and timely submission of various MIS to external service providers and internal teams.
• Review of periodical SLAs with Fund accountant and suggest improvements as and when needed
• Proactively assisting in timely resolution of any delays or technical glitches in mutual fund operations that impacts calculation and publication of NAVs within the defined timelines
• Ensure submission of various qualitative and quantitative inputs related to due diligence of MF business for asset management mandates or otherwise

Opportunity to work with a leading AMCOpportunity to work directly with the CFO in a high impact role
A successful Team Lead - Fund Accounting Operations should have:

• A professional degree such as Chartered Accountant (CA), Cost and Works Accountants (CWA) or Cost Management Accounting (CMA) is preferred.
• Minimum 3-5 years of experience in mutual fund industry and finance or audit roles in AMC Industry, with at least 2-3 years in managerial position.
• Proven experience in overseeing NAV computation and compliance with financial regulations.

The company is a well-established and reputed organisation in the financial services industry. It is recognised for its expertise Asset Management.

• Competitive salary
• Opportunity to work with a reputed organisation in the financial services industry.
• Supportive work environment with opportunities for professional growth.

If you meet the requirements and are excited about this opportunity in Mumbai, we encourage you to apply and take the next step in your career as a Team Lead - Fund Accounting Operations.

Skills Required