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Senior Analyst

Chennai
Full-Time
Hybrid
Mid-Level: 4 to 6 years
Posted on Nov 21 2024

About the Job

Skills

"fund accounting"
NAV
Net Asset Value (NAV)
NAV Calculation
fund account
hedge funds

Senior Associate – Fund Accounting

Date: 1/03/2024

Location: Chennai

Reports to: Assistant Manager

Directorship / Registration: FUND ACCOUNTING

Level: MID Level

We are seeking an experienced, detail-oriented senior accountant to join our growing organization. In this position, you will handle all accounting operations within the fund accounting department, verify transactions, reconciliation for cash balance and process and review net asset value of the funds administration. You must have a keen attention to detail and maintain account balances, financial statements, general ledger, and all reports.

Job Title: Senior Associate

Department: IFSO

Business Line / Function: Fund Accounting

Number of Direct Reports: 0

Position Purpose

Responsibilities

Direct Responsibilities

  • Acquire complete understanding of Calculation & its related functions with various parties involved. For example: Custody, TA, Pricing, Corporate Actions, etc.
  • Become a SME (Subject Matter Expert) of the process by acquiring complete knowledge of Calculation Processing & Review across all funds & instruments types.
  • Should be able to handle different types of instruments and understand their impact on.
  • Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated.
  • Ensure calculations are produced in a timely manner as per SLA. Completeness of packs includes accurate report generation, timely delivery of reports, scanning & archiving.
  • Support in preparation of Key/Standard Operating Procedures for each process migrated to Chennai.
  • Consistently evaluate the documented procedures to ensure they are complete, accurate and up to date.
  • Carry out other ad-hoc duties may arise from time to time, mainly on month ends & year ends.
  • Ensure review of critical queries before sent. Where issues/errors arise ensure detailed analysis of issues and clear understanding is gained before responding to client, spoke or other parties.
  • Identifying the staff training requirement & ensure all the necessary training has been provided to the team members to perform the relevant tasks.


Contributing Responsibilities

  • Ensure ISAE3402 checks are understood and followed. 100% compliance is must for all packs.
  • Inform & document all errors identified during review stage within same day. Should take initiative in resolving any repetitive errors or training gaps.
  • Act as a back-up in the absence of other team members & Supervisor.
  • Identify the manual steps, process efficiencies & developments, by providing practical ideas on areas of improvements & work towards its automation.
  • Ensure to minimize the unplanned leaves, especially during business critical days, like month end, rollover days and migration of new funds.
  • Adhere to Quality of 100% while producing & reviewing NAVs.
  • Ensure there is NO Financial impact/loss to the organization.


Technical & Behavioral Competencies

  • Ability to communicate to others in a clear, articulate fashion.
  • Good written and oral communication skills.
  • Good listening and questioning ability.
  • Be able to express ideas effectively in individual and group situations.
  • Ability to plan work ahead and to prioritize workload.
  • Ability to work in an organized manner.
  • Must have an attention to detail.
  • Generate creative solutions to problems.
  • Always looks for ways to improve services and processes.
  • Be able to adapt to markets and clients evolution.


Specific Qualifications

NAV calculation and review experience minimum of 2 years in the past.


Skills Referential

Behavioural Skills:

  • Attention to detail / rigor
  • Ability to collaborate / Teamwork
  • Communication skills - oral & written
  • Client focused

Transversal Skills:

  • Ability to understand, explain and support change
  • Ability to develop and adapt a process
  • Ability to develop others & improve their skills
  • Ability to inspire others & generate people's commitment
  • Analytical Ability



About the company

Covenant is a premier Executive Search and Recruitment Firm with 350+ Full-Time Recruitment Specialists with a proven track record of strong delivery across the globe. We are specialists in the arena of Human Capital unmatched in all metrics Head Hunting, Turnaround Time, Unceasing Availability, Cost-Effectiveness, Steadfast Quality of Service - provided by a team of Principal Consultants and Ana ...Show More

Industry

Management Consulting

Company Size

201-500 Employees

Headquarter

Chennai, Tamilnadu

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