Manager - AIF/PMS/IPO

Position – Manager - Fund Accounting for AIF/PMS/RIA/IPO
Required Skills: AIF/ PMS/ Mutual Fund/ Private Equity. Qualification: CA/MBAExperience: 4 to 5YrsSalary as per Industry standards Job Description:-Manage end to end Fund Accounting Operations for Alternative Investment Funds (AIF), Cat II & III. - SPOC for NAV Operations, Audit including Concurrent, Internal & Statutory. - Coordinate with Internal (Compliance, Fund Management, Settlements & Sales Team) & External Stakeholders (Fund Accountants, Bankers, Fund Custodians, Brokers, Counterparties etc.) - Ensuring adherence to and improvement of laid down Operations Policies, SLAs and Processes in the best interest of Business, Business Partners and all internal & external stakeholders.- Client Management , Operations Management and Business Development. Principle Responsibilities: - NAV Management - Ensure error free & timely NAV processing and release for all Schemes (Cat II & Iii). Includes, Daily, Fortnightly & Monthly NAVs. - Corporate actions Accounting i.e., Dividend, Bonus, Merger, Split etc. - Coordination with Fund Accountant, Brokers, CPs & Custodians for NAV accounting. - Capital Activity - Accounting of Subscriptions and Redemptions in compliance with PPM and applicable regulations. - Handling taxation matters such as TDS, GST payments including periodic return filing. Advance tax management including Provision & Payment at quarter end. - Daily Bank, Holding and Expense Reconciliation. Automation of all business and Operations processes including Reconciliation. - Computation/review of Redemption workings as per the methodology mentioned in the PPM, making necessary changes, if required, on account of any taxation laws. - Providing Inputs for Business MIS for AIF Business. - Calculation of fees including Setup fees, Management fees, Custody, Performance fees, Exit load, Brokerage, Margins, PCM charges, Distributor brokerage and other charges. - Monthly TDS and GST payment for all AIF schemes. - Effective compliance with applicable AIF regulations and associated requirements. - Preparation/Review of regulatory reports (Monthly and Quarterly for SEBI, RBI etc.). - Reviewing PPM for existing/new products & deliberate on operational nuances. - Preparing/reviewing various investor related communications such as Form 64-C, K-1 statements for NRI US investors, income/principle distribution pay-out letters, drawdown notices etc. - Computation of tax under Income Tax Act, 1961 as per the applicability and incorporating the same in NAV for CAT III AIFs, reviewing annual income tax return of AIFs.Key Competencies: Soft Skills Functional Competencies - Effective Team Member. - Multitasker. - Effective Oral and written communication. - Should be able to deliver under stiff deadlines. - Problem solving approach. - Client centric. - Ensure effective communication with internal & external stakeholders. - Should possess understanding of Asset Management (AIF) Operations, Fund Accounting and Wealth Management Operations.- Should have fair understanding of AIF Structure Operations. Prior experience of handling similar tasks will be an added advantage.- Should possess understanding of Fund Accounting, Audit, Tax & Business MIS. & PMS.