Fund Accounting - Subject Matter Expert
Work Location : Gurgaon
This document outlines the responsibilities and requirements for a Senior Individual Contributor and Subject Matter Expert within the Fund Accounting team. This role plays a crucial part in ensuring the accuracy of fund valuation data for various downstream processes.
Responsibilities:
- Reconciliation Expertise:
- Possess deep understanding and expertise in cash, securities, and unit reconciliation processes.
- Independently investigate and resolve complex discrepancies, including unmatched cash and stock differences between internal records and custodian statements.
- Proactively identify and analyze reconciliation breaks, determining root causes and implementing effective solutions.
- Maintain up-to-date knowledge of corporate actions, SWIFT messages, custody statement formats, and their impact on reconciliation.
- Possess the ability to perform manual reconciliations when necessary, demonstrating a comprehensive understanding of the underlying principles.
- Data Analysis & Process Improvement:
- Leverage analytical skills to identify trends, patterns, and potential risks within reconciliation data.
- Develop and implement process improvements to enhance efficiency, accuracy, and control within the reconciliation function.
- Contribute to the design and testing of new technologies and system enhancements related to reconciliation processes.
- Proactively identify and mitigate operational risks, ensuring compliance with regulatory requirements and internal control standards.
- Stakeholder Management & Collaboration:
- Collaborate effectively with internal stakeholders, including Fund Accounting team members, Operations, Technology, and Compliance, to resolve issues and drive process improvements.
- Communicate clearly and concisely with external stakeholders, such as custodians and clients, to resolve reconciliation discrepancies and address inquiries.
- Provide guidance and mentorship to junior team members, sharing expertise and best practices in reconciliation.
- Subject Matter Expertise:
- Serve as a subject matter expert on reconciliation processes, providing guidance and support to the team and stakeholders.
- Stay abreast of industry best practices, regulatory changes, and emerging trends in reconciliation.
- Contribute to the development and delivery of training materials and knowledge-sharing sessions related to reconciliation.
Requirements:+ Experience:
- Minimum of 4+ years of hands-on experience in Fund Accounting Operations, with a strong focus on reconciliation processes.
- Proven track record of independently investigating and resolving complex reconciliation breaks.
- Experience working with various financial instruments, including equities, fixed income, and derivatives.
- Should have experience in Alladin experience
- Technical Skills:
- Advanced proficiency in Microsoft Excel, including data analysis and reconciliation tools.
- Familiarity with industry-standard reconciliation systems and applications.
- Strong understanding of accounting principles and their application to investment operations.
- Personal Attributes:
- Excellent analytical and problem-solving skills.
- Strong attention to detail and commitment to accuracy.
- Ability to work independently and as part of a team.
- Excellent communication and interpersonal skills.
- Desirable Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- Relevant industry certifications (e.g., CFA, CAIA).
- Work Location is Gurgaon & Willing to work on flexible shifts
This role presents an exciting opportunity for a highly motivated and experienced individual to make a significant impact within a dynamic and growing team.
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Job Family Group:
Operations - Transaction Services
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Job Family:
Fund Accounting
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Time Type:
Full time
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Most Relevant Skills
Please see the requirements listed above.
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Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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