Assistant Manager - Hedge Fund Accounting

Job Title: Assistant Manager - Hedge Fund Accounting

Department: ISO

About Business line/Function: Hedge Fund Accounting

Position Purpose: Management of NAV delivery for Hedge fund/Fund of Funds accurately and in a timely manner

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

Direct Responsibilities

• Managing delivery of accurate and timely NAVs for hedge funds, Fund of Funds and Feeder funds – with extremely high volume or / and very high complexity (having equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:
• Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks
• Income reconciliation (dividends and interest)
• Manual Pricing and Pricing review
• P&L review and Tolerance checks
• Fees accrual, management and performance fee calculation and booking
• Capital bookings and reconciliation with Investor services system reports
• TB tie out and compiling NAV pack
• Work Allocation and tracking the deliverables
  
  

• Delivery on audit requests and resolution of all queries on a timely basis
• Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings
• Compliance with all internal organizational and business policies
  
  

• Hedge fund accountings experience a must – ability to understand and resolve breaks in a hedge fund operating environment (systems, asset classes, deliverable timelines, etc.).
• Operational understanding of asset classes like futures & options, equity swaps, CDS, etc. apart from equities and bonds.
• Experience on Advent Geneva system would be preferred – an added advantage
• Good Excel and MS office skills
• Good communication skills
• Requires to review complex hedge fund NAVs
• Participation in system development projects, process change projects, etc.
• Troubleshoot issues of junior members and mentor / coach / buddy them
  
  

• Ability to understand, explain and support change
• Ability to develop and adapt a process
• Ability to develop and leverage networks
• Analytical Ability
• Know how to fund Accounting and NAV cycle
  

• Attention to detail / rigor
• Ability to collaborate / Teamwork
• Communication Skills- Oral & Written