Maintaing Family Office like upkeep of books and records of a. Mutual Funds b. SIP c. Investments d. Shares.Responsibilities: Investment Bookkeeping & Record Keeping: Maintain accurate and up-to-date books and records for all investment activities across various family entities (individuals, trusts, HUFs, etc.). Specifically manage the accounting for: Mutual Funds: Record purchases, redemptions, dividends, capital gains, re-investments, and NAV (Net Asset Value) tracking. Systematic Investment Plans (SIPs): Track regular investments, unit allocations, and monitor performance. Direct Investments: Record transactions for private equity, real estate, and other alternative investments, including capital calls, distributions, and valuations. Shares (Equities): Account for equity purchases, sales, dividends, bonus shares, stock splits, and corporate actions. Ensure all investment transactions are accurately recorded in the accounting system (e.g., Tally, QuickBooks, or specialized investment accounting software). Reconcile investment statements from brokers, custodians, and fund houses with internal records on a regular basis (daily, weekly, or monthly as required). Investigate and resolve any discrepancies in a timely manner. Financial Reporting & Analysis: Assist in the preparation of periodic financial statements (e.g., Balance Sheet, Income Statement, Cash Flow Statement) for individual entities and consolidated reports for the Family Office. Generate custom reports on investment performance, portfolio allocation, and capital gains/losses. Provide financial analysis and insights related to investment activities to support decision-making. Compliance & Audit Support: Ensure compliance with all relevant accounting standards, regulations, and tax laws pertaining to individual and family investments in India (e.g., IT Act, SEBI regulations). Prepare data and documentation for annual audits and assist external auditors with investment-related queries. Coordinate with tax advisors for accurate tax computations related to capital gains, dividends, etc. Cash Management & Reconciliation: Monitor and reconcile bank accounts linked to investment activities. Track and reconcile cash movements related to investment transactions (e.g., investment payouts, dividend receipts). Documentation & System Management: Maintain comprehensive and organized documentation of all investment transactions, statements, contracts, and supporting documents. Continuously update and improve accounting processes and procedures related to investment record-keeping. Utilize and potentially optimize specialized investment accounting software or modules within a general accounting system. Should have knowledge on Investment Location-Camac Street
