Nariman Point |   1500000 - 2500000 P.A.

3+ years

Job Description:   

Ideal candidate is somebody with good Pedigree, communication, presentation skills and relevant experience from Banks, Audit firms, Consulting Firms, Mutual Funds

Roles and Responsibilities
• Fund Accounting
• Taxation for the Alternate Investment Funds
• Looking into strategic matters for the Alternate Investment Funds
• Monthly NAV Calculation (Final and Estimate NAV)
• Calculation and recording of non-Trading accruals, bank transactions and trading accruals of hedge funds.
• Doing Master-Feeder Allocations on monthly basis whilst ensuring proper and accurate calculation of MTD, QTD and YTD rate of return on investments Investor-wise.
• Review of dividend summary and Sundry Interest reconciliation of hedge funds.
• Collating Reports, Financials and supporting documents/reports for hedge funds.
• Timely identification and escalation of issues that could impact NAV calculations.
• Booking and monitoring of capital activity
• Calculation and booking of fees accruals, management fees, performance/incentive fees & administration fees.• Ensuring meeting compliance with all internal organizational and business policies.
• Troubleshoot issues of other team members.
• Resolving client queries.
• Preparation and review of Standard Operating Procedure documents.
• Providing accounting solutions to Hedge Funds for independent valuation and accurate Books of Accounts.
• Performing reconciliations of the client’s Books with that of various custody reports and taking appropriate actions in case of emergence of any discrepancies.
• Scrutinizing large P/L swings and price fluctuations to substantiate the change in NAV on dayto- day basis.

Experience, Skills, and Personal Qualities
• 2 to 3 years Post CA Qualification experience in Asset Management, preferably AIF / PMS.
• A person who has spent some time in NAV calculations or verifying NAV as prepared by a fund accountant.
• Audit and tax experience would be an added advantage.

Qualification: Any Graduate + Qualified CA

Keyskills:   NAV Calculation, Fund Accounting, Taxation, non-Trading accruals, trading accruals of hedge funds

Please note - due to the number of applications we receive, we will only be able to respond to successful candidates.