Associate 1 - Fund Accounting & Administration

State Street.
Bangalore, India
Not disclosed
25 Sep 2020
01 Oct 2020
Contract type
Full time
Experience level
Qualified accountant

Undertake the following, with a goal of 100% accuracy, timeliness and completeness:

  • Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned funds
  • Understand and learn NAV calculation and problem resolution procedure
  • Reconcile cash daily (no unresolved discrepancies)
  • Reconcile portfolio positions daily (including equities, bonds, swaps, options, foreign exchange, futures and other evolving derivative instruments)
  • Accrue income and expenses daily
  • Analyze and validate traders' profit and loss statement daily
  • Analyze and validate position market values daily
  • Post accounting entries to the general ledger daily
  • Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations
  • Research and resolve differences between accounting and trade entry systems daily
  • Assist with month-end close process
  • Assist with enquiries related to the annual audit
  • Assist with periodic financial reporting for Hedge /MutualFunds (i.e. Statement of Assets and Liabilities and Statement of Profit and Loss)
  • Assist with preparing other ad hoc financial reports as required
  • Review and understand the fund's offering memorandum and verify that the offering memorandum agrees to fund set up and ensure that ongoing operations adhere to offering memorandum details

For further information, and to apply, please visit our website via the “Apply” button below.

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