Manager/Sr. Manager - Fund Accounting, 5 to 10 years in Bangalore

Job Description

• Provide Accounting solutions to Hedge Funds for independent valuation, investor transparency and regulatory compliance.
• Calculation of daily NAV.
• Review MSPA to custodian reconciliations. Identify and determine cause. Notify Account Manager of breaks. If break is due to an erroneous or missing transaction in MSPA then make necessary adjustments.
• Perform middle office functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking client s contributions & redemptions etc.
• Review general ledger exceptions. Identify cause and make necessary adjustments.
• Verify performance by reviewing large P&L swings and analyzing income/expense journals for validity.
• Adjust activity as necessary for performance (MSPM) processing and reporting.
• Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.
• Process non-automated transactions including OTC derivatives and their related cash movements.
• Perform daily and monthly securities pricing analysis.
• Validate and process corporate action data.
• Providing audit support and assistance to funds in the preparation on financial statements.
• Assistance with compliance functions.

• 5 to10 years of relevant exp
• A number of years prior work experience preferably in financial services. Knowledge of hedge fund processing is a strong advantage.
• Good administrative and organizational skills with a particular focus on accuracy and attention to detail.
• An ability to work under pressure and an ability to cope with increased workloads at month-end.
• An ability to work as part of a virtual team that is spread across different time zones and geographies.
• An ability to use key financial systems and other IT tools.