Overview
Provider leadership, governance and transition support to Fund accounting team in Mumbai. Help to set up maker and checker function of FA team in Mumbai. Own and manage deliverables of Fund accounting pack and other update along with HOD of Fund accounting in Sydney.
Key Accountabilities and main responsibilities
Strategic Focus
- Provide clear direction, goals and optimizing resource allocation for processes / projects
- Assist the team to identify and eliminate roadblocks by partnering with global teams and technology teams.
- Provides coaching and training to team members as appropriate and according to the specific needs of the individual and the group.
- Hold sessions with the team to communicate any changes, issues, procedures changes
- Create a team culture where staff are customer focused and understand customer needs
- Assist manager in achieving targets including headcount and all variable operating costs within agreed budget for team
Operational Management
- Review of transaction processing, asset set-up and maintenance - Will be equivalent to 80% of total time in a day.
- Achievement of service standards and client specific requirements regarding quality assurance, daily reporting and end of month reporting Will be equivalent to 20% of total time in a day.
- Ensure the team provide accurate and complete information, solve problems and complete transactions in a professional and timely manner to agreed standards
- Detailed review of distributable income calculations for managed investment funds and liaising with external tax parties.
- Review of general and special purpose accounts for retail and wholesale managed investment funds.
People Leadership
- Monitor and measure team and individual staff performance against agreed KPI s
- Provide regular feedback sessions (as specified in performance agreement) and performance improvement plans for team members who are not meeting agreed measures and standards
- Manage the performance of team members by coaching, providing regular feedback on performance, and completing performance management processes within agreed timeframes
- Manage team resources by ensuring availability and punctuality of team members
Governance Risk
- Prepare data for monthly reports for clients and internal stakeholders
- Regularly review work practices/procedures to identify opportunities to improve quality and/or productivity
- Manage escalations and seek to resolve them to the satisfaction of the customer and client
- Monitor the work of team members to ensure that the team is compliant with legal, regulatory, policy and business requirements
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.
Experience Personal Attributes
The successful candidate will have 10+ years previous experience within a fund accounting environment preferably with an administrator, custodian, or fund manager. Minimum 5 years experience in staff management including performance management, recruitment, induction, setting KPIs, assigning tasks.
- CA/CPA qualified would be added advantage.
- Working knowledge of Invest One application would be added advantage.
- Willingness to work in rotational shift starting at 4.30 am IST.
- All round grasp of accounting standards and taxation affecting the managed funds industry.
- Strong leadership skills and management skills
- Strong client services skills
- Strong project management skills
- Ability to work as a part of a team
- Problem solving, implementing practical solutions
- Ability to research and analyse legislative requirements and changes, update policy documents, checklists, templates, and procedures.
- Able to implement and complete project work both within teams and autonomously
- Able to co-ordinate conflicting deadlines
- Good communication skills both written and verbal
- Competent in Microsoft Office and ability to learn new software quickly
