WBCG:FIG - Fund Services - Fund Accounting
- Mumbai, Maharashtra
- Permanent
- Full-time
Fund Services is a niche segment focus on Domestic – PMS, AIF, MF, Insurance etc and offering Fund Accounting Services for Portfolio Managers (PMS), Alternative Investment Funds (AIFs) & MF/Insurance in India and Gujarat International Financial Tec-City (GIFT)About the Role
Fund Services [FS] – Fund AccountingThe role is to execute and manage fund accounting operations for Mutual funds and Insurance funds and warrants relevant operational and regulatory knowledge, experience and fund accounting background. The role involves ensuring daily execution of NAV of Mutual Fund/Insurance fund schemes, ensuring complete and accurate daily/weekly/monthly client reporting as per SLA plus regulatory reporting, ensuring timely execution of assigned task, various MIS reporting to management, Handling client’s for regular and adhoc requirements and operational concerns, handling client’s and other audit, active participation in system developments and digital adoptionKey Responsibilities1) To manage the day-to-day operations of a small-to medium-sized fund accounting client.
2) To manage the daily accounting and net asset value (NAV) production workflow to service multiple funds. To Handle daily activities which is inclusive and not exhaustive containing Capital accounting, trades processing, Income and Expenses accounting, corporate action benefits, Reconciliations, calculations of distributable surplus, Interest accruals and amortizations, equalization, capital gain loss, etc
3) Responsible for accurate calculation and Dissemination of NAV.
4) To ensure transaction processing and client deliverables as per agreed SLA, monitoring and ensuring implementation of all relevant regulatory changes
5) To liaise with all internal and external stakeholder including clients for all required data and support
6) To handle client’s audit and related requirements
7) To handle escalations if any and ensuring high customer satisfactions score
8) To conduct UAT and system testing for system enhancements or new requirementsQualifications CA / CFA /Inter CA/ MBA/Graduate with prior experience in a similar role for 4+ years
NISM certification in mutual fund module, Other Certifications in the relevant area would be an added advantageRole Proficiencies: Positive and collaborative attitude with excellent interpersonal and communication skills
Good knowledge of SEBI & RBI regulations & policies in the relevant areas
Solution oriented Team player
Proactive in learning & self-development
Preferred to have expertise in MSOffice, Wealth Spectrum and Multi Fond systemSkills:Refer to the Job DescriptionAbout Company:Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.The Overseas operations of the Bank are spread over eight international offices with branches at Singapore, Dubai (at DIFC) and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking and Liability Businesses