Intern

Position Overview

Job Title - Intern (CA Industrial Training)

Location- Mumbai, India

Role Description

Fund Accounting & Reporting is responsible for all aspects of day-to-day accounting for a group of assigned funds including, calculating/reporting the periodic NAV (Net Asset Value), and compiling standard weekly/monthly financial statements, and income and expense accruals and performing the required reconciliations.

Work includes:

• Ensuring compliance with financial transaction recording standards
• Controlling/reconciling accounts and records (balance sheet, P&L, bank accounts, etc.)
• Accounting reports/schedules for internal audiences (management reporting) and/or for external audiences (compliance reporting) including consolidation of financial statements, cash flow reporting, budget reporting, etc.)
• Liaising with internal and external service providers in respect to matters of fund administration (e.g. subscriptions, redemptions, distributions, payments, and fund expenses)
• Providing accounting specific support and analysis, and where appropriate tax advice
• May also include cost accounting/budgeting (allocation of direct/indirect costs, variance analysis, budget preparation, etc.)
  

Your Key Responsibilities

• Computation and reconciliation of NAV, checking income accruals, NAV movement, etc
• Reviewing Bank and Holding reconciliations and resolving breaks, if any
• Processing and verification of all trades for the day processed in the system
• Valuation / pricing of securities
• Coordination with client for trades.
• Coordinate with Registrars for Unit Capital files and checking and processing the same in the system
• Monitoring the email instructions for trades and other instructions including Custody instructions.
• Computation of Income equalisation and distributable surplus
• Computation and Dissemination NAV to the Press, Registrar, etc.
• Trial Balance Scrutiny
• Audit co-ordination and finalization of accounts
  

Your Skills And Experience

• Candidate must possess minimum Bachelor's Degree major in Accounting
• Basic knowledge of fund administration/ fund accounting
• Strong in accounting knowledge with high level of accuracy and have good knowledge in Capital Market.
• Good analytical, computer literacy, and be able/willing to work under pressure with minimum supervision
• Good English skill both verbal and written
  

How We'll Support You

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
  

About Us And Our Teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.