Fund Accounting & Administration-Associate 2

Recruiter
State Street.
Location
Hyderabad, India
Salary
Not disclosed
Posted
23 Sep 2021
Closes
28 Sep 2021
Ref
R-674058
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

RESPONSIBILITIES:

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
  • 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
  • Take up the 1st level reviews of the work performed by the associates and snr associates in the team.
  • Act as an SME for the clients assigned to you
  • Interact with onshore counterparts and clients/3rd parties to manage the expectations successfully
  • 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

PERSONAL DEVELOPMENT:

  • Ongoing education of leading hedge fund industry developments (review of written materials, discussions with customers and peers)
  • Train new staff on existing procedures and controls and encourage all team members (subordinates, peers and superiors) to innovate

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

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