Key Responsibilities: -Reading of Circulars of Regulators of SEBI and understanding the same and examination of guidelines on a regular basis to ensure authenticity, compliance with procedures and guidelines.
The expertise should be in mutual fund audit.
auditing annual financial statements, assisting with reports to shareholders, and conducting reviews of auditing and accounting internal controls.
calculate the net asset value (NAV) of mutual funds, or the price investors actually pay when buying a fund. [The NAV equals the closing market value of all securities within a portfolio plus all other assets such as cash, subtracting all liabilities (including fees and expenses), then dividing the result by the total number of shares outstanding.]
properly accrue interest on bonds or other fixed income securities in the mutual fund's portfolio
check closing prices of portfolio assets and make adjustments for dividends paid or income earned, as well as any fund purchases and redemptions by investors
work closely with the operations group to ensure that the investors capital and share of profits are correctly accounted.
monitor cash account balances on a daily and weekly basis
communicate with the trading desk, portfolio managers, and custodian banks (that safeguard the securities and other assets of mutual funds) to resolve accounting-related transaction and reporting issues
prepare and submit quarterly or annual tax filings, and handle other tax-related issues
work with the compliance department to respond to inquiries from the Securities & Exchange Commission and other regulators
work with auditors during the year-end audit process
provide advice to top managers regarding tax, financial risk, compliance, and other issues
assist in the creation and implementation of new procedures/controls to improve performance and increase departmental efficiency
provide monthly or quarterly accounting of investor contributions and withdrawals and computing profit and losses for the accounting period
prepare and review quarterly and annual financial statements in accordance with generally accepted accounting principles.
- Other Skills & Responsibilities: -
Communication Skills - possess good communication skills including report drafting
- Contribute to effective teamwork
Take ownership of the task / project
Drafting of Policies and SOPs
Job Types: Full-time, Permanent
Schedule: Monday to Friday
Supplemental Pay:
Experience:
- total work: 3 years (Preferred)
Work Location: In person
