The Fund Accounting Analyst 1 is a senior level position responsible for accomplishing results by completing a variety of Financial Reporting activities seamlessly related to preparation and filing of financial statements/annual reports associated with Mutual Funds in line with US GAAP in Fund Administration domain.
Responsibilities
Preparation and Review of financial statements ensuring compliance with accounting standards, internal and external audit requests and point of contact for identified clients. Ensure the quality of the day-to-day service equals or betters the performance targets as defined in the service level agreements (SLA’s) in place for each Client. Liaise with Onshore to ensure that auditors, clients and other interested parties have all relevant information for completing audits. Monitor the production schedule to ensure that production is completed accurately and within the client deadline.
- Technical/Functional:
- Manages processes which includes preparation and technical review of annual and semi-annual financial statements including audit work papers incorporating fund calculations for complex funds/clients in accordance with US GAAP (preferable)/IFRS and regulatory requirements for mutual funds and perform the completeness and accuracy checks of disclosure in FS.
- Work on relationships with onshore client teams to make changes to financial reports and ensure they accurately depict fund performance.
- In depth understanding and knowledge in accounting principles & preparation of financial statements based on US GAAP (preferable)/IFRS.
- Ensures financial reports meet clients and any applicable regulatory standards.
- Assists with coordination of activities between multiple departments within the organization, including our global partners.
- Draft and update task lists for offshoring partners, ensures all supporting documentation is available to them and acts as primary contact to answer their questions and issues.
- Develop and manage action plans and implement all quality and production standards.
- Keeps him/herself constantly informed of regulatory and industry changes and other developments.
- Ensures effective use of reporting system and makes recommendations for system enhancements where required.
Professional:
- Strong verbal and written communication skills.
- Competent to have conversation with internal/ external parties on accounting concepts/ standards.
- Preparing supporting workings for quantitative and qualitative disclosures in FS.
- Excellent analytical and problem solving skills.
- Quest for learning.
- Handling pressure situations.
- Prioritization – Time Management skills.
- Timely escalations.
- Email and Telephone Etiquettes
- Takes complete ownership of the clients and funds assigned.
- Good interpersonal, organizational, innovative and exceptional level of attention to detail.
- Result oriented and effectively manages changes and ensure proper documentation.
- Acts as effective team player by being assertive in communication.
- Contributes actively in team activities, sharing experience and ideas.
Knowledge of applications:
- Proficiency in MS Office /Excel applications.
- Advanced knowledge and experience of Microsoft word is a must.
- Knowledge of financial reporting and fund accounting platforms like Unity, Investone is a definite plus.
Qualifications
- 3-4 years of relevant experience
- Experience within financial services
- Knowledge of financial market operations, accounting, and basics of financial management
- Demonstrated knowledge of accounting
- Basic knowledge of organization and policies
- Consistently demonstrates clear and concise written and verbal communication
Education
Bachelor’s degree/University degree or equivalent experience
- Master’s degree or CA, ICWA, ACCA preferred
Job Family Group
Operations - Transaction Services
Job Family
Fund Accounting
Time Type
Full time
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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