What’sin it for you? The role is an exciting mix of compliance and advisory work. Wealso believe in providing the freedom to explore with a culture that never says“NO” to learning. Apart from holding the current FPI role, you are alsoprovided a platform to delve into newer avenues. Skillsetswe would like to see you exhibit, Rolespecific skillsets:
Theincumbent will be responsible for:
Accounting under Tally/ Miles/ or other software forFPI, Hedge Funds, AIF, funds etc.
Responsible for preparing remittance certificates asper provisions of the Income tax Act in a time bound manner (understanding taxationof capital gains and interest income of FPIs).
Review admin to custodianreconciliations. Identify and determine cause. Notify client for any breaks. Ifbreak is due to an erroneous or missing transaction in system, then makenecessary adjustments.
Perform middle office functionsincluding P&L analysis, daily cash projections, calculations of FXtransfers required for funding, checking client’s contributions &redemptions etc.
Review general ledger exceptions.Identify cause and make necessary adjustments.
Verify performance by reviewinglarge P&L swings and analyzing income/expense journals for validity
Adjust activity as necessary forperformance processing and reporting.
Responsible for accruing daily ormonthly non-security related accruals including management fees and financingaccruals.
Process non-automated transactionsincluding OTC derivatives and their related cash movements.
Perform daily and monthlysecurities pricing analysis.
Validate and process corporateaction data and liaising with corporate action team.
Providing audit support andassistance to funds in the preparation on financial statements.
Assistance with compliancefunctions.
Preparepool level income for funds.
Mappingof fund income & expenses with financial statements.
Distributeincome within fund investors
Co-ordinatewith client / third parties to resolve breaks.
Calculate commission income for managing funds
Check income recognition in books for commissionincome.
Co-ordinate with fund managers for data integrationrequired for funds AUM.
MIS preparation.
Coordination with the client, if required.
Administration matters including documentation,maintaining of log for billing, etc.
To betailor-fit for the above skillsets, you need to have,
An organized person with focus on punctuality,accuracy and passion for excellence
Experience of working into back office support forany financial services domain
Willing to take responsibility
Basic tax knowledge
Willing to learn
Easy grasping power
Oral and Written communication should be good
Good Excel knowledge
Finally, our people are our most valuable asset; ifyou agree with us on this, we would love to meet you!
