0.0 - 2.0 years

0 - 2 Lacs

Chennai, Tamil Nadu, India

On-site

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Fund Accounting Specialist We're looking for an ambitious and proactive individual to join our Fund Accounting department. In this role, you'll be a vital part of a professional team dedicated to maintaining the accounting books of Mutual Funds, with a primary focus on daily NAV calculation and support functions. Role & Responsibilities Acquire a complete understanding of NAV Calculation and its related functions, including interactions with various parties such as Custody, Transfer Agency (TA), Pricing, and Corporate Actions. Become a Subject Matter Expert (SME) of the process by gaining comprehensive knowledge of NAV Calculation Processing & Review across all fund and instrument types. Ensure all reconciliation breaks in TA, Cash, and Stock are thoroughly validated and justified for each calculated NAV. Produce NAV calculations in a timely manner, adhering strictly to Service Level Agreements (SLA). This includes accurate report generation, timely delivery of reports, and efficient scanning and archiving of NAV packs. Maintain a Quality SLA of 98% and above when processing NAVs. Be proactive in resolving queries and immediately escalate any issues, queries, or escalations to your supervisor. Participate in the preparation of Key/Standard Operating Procedures (KOP/SOPs) for each process migrated. Consistently evaluate documented procedures to ensure they are complete, accurate, and up to date. Carry out other ad-hoc duties that may arise from time to time, particularly during month-ends and year-ends. Monitor the respective group mailbox and respond quickly to queries. Adhere to timeliness and quality standards as stated in SLAs. Ensure there is NO financial impact or loss to the organization. Understand and strictly follow ISAE 3402 checks, ensuring 100% compliance for all NAV packs. Act as a backup in the absence of other team members to ensure seamless operations. Minimize unplanned leaves, especially during business-critical days such as month-end, rollover days, and new fund migrations. Initiate at least one process improvement or automation initiative per quarter. Share process and product knowledge with fellow team members to foster collective growth.

Posted 4 days ago

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