Asst.Manager / Dy. Manager & Sr. Manager-Fund Accounting

Job Description

PPFAS Asset Management (PPFAS AMC) has been promoted by Parag Parikh Financial Advisory Services Ltd. (PPFAS Ltd.), a boutique investment advisory firm incorporated in 1992. For More Information visit our website: https://amc.ppfas.com/about-us/ We are looking for a highly motivated and seasoned Fund Accounting Managers in our Team. The candidate will be working and need to have expertise in end-to-end NAV, Corporate Action, Portfolio Valuation, Journal Book of Accounts, Scheme Financials, Financial Reporting etc. Overall responsibility of computation and declaration of end-to-end Net Asset Value and Fund accounting of mutual fund schemes on daily basis. Responsible for daily NAV, Daily reporting, Monthly reporting, Bi-Monthly reporting, quarterly reporting, half yearly reporting, and yearly reporting for the regulators. Documenting and maintaining the MIS and Statutory reports. Prepare and perform controls on monthly general ledgers. Securities master creation and maintenance in MFund Plus application. Review and resolve differences on periodical (daily, monthly, quarterly, etc.) data reconciliations. Handling Back Office Operations and Processes relating to domestic and overseas trade settlement. Preparation and review of monthly, quarterly and annual financial statements. Settling the Equity, Debt, GSEC & Repo trades in MFund/Quantis through STP, FIMMDA Reporting & NDS systems and informing the same to custody. Calculate management fees and Other Expenses as per SEBI slab, and UPR calculation. Liaise with auditors, custodian, PCM and internal contacts on a day-to-day basis. Prepare and/or review financial statements, notes disclosures, and supporting schedules. Preparation of notes to accounts, analysis of related party discloser, analysis of report for broker turnover, discloser of TER (Total expense ratio) of the scheme. Training and supporting the team/new joiners to smoothly overcome their learning curve. TDS, STT, management fees, billing fees, GST calculation on monthly basis. Preparation of fact sheets which involves comparing absolute returns to benchmark returns, thus providing an insight to the fund manager on the performance of the scheme. Preparation of 25(11), AMC activity report, Trial Balance scrutiny, Bank and Demat reconciliation. Working on Automating of back-office operation and streamlining daily NAV Process and Automating Monthly reports delivered to regulators. Qualification & Experience : CA mandatory for Senior role / B. Com / PG. 5 to 10 years of work experience in Mutual Fund – Fund Accounting of Equity, Debt, Liquid, Arbitrage, Overseas, ETF, Index Funds. Advanced MS Excel knowledge, VBA Macros. Ability to work under pressure and manage tight internal and client deadlines. Strong communication skills, including written, listening and presentation abilities. Client relationship management skills. We need a person having 5 years plus experience in Fund Accounting of Schemes of Mutual Funds. Key Functional Skills : Command on the regulations on MF activities impacting operations (FA and RTA) Well versed with Fund Accounting and preparation of financial statement of MF Schemes MIS (Excel, Word, Power Point) Job Location : Mumbai CTC Bracket : As per Industry standards Interested? Please click here to fill out the form.