Job Description

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support, and rewards that will take you further.

Job Purpose

The Fund Accounting team is primarily responsible to ensure that the NAV for all the Schemes is computed timely and accurately. This role will be responsible to coordinate with various internal stakeholders and the external Fund Accountant. Apart from this, this role will also be involved generating various MIS reports for management analysis. Handling of all Audits will also fall under this role. Ensuring that appropriate Mutual Fund regulations and controls are adhered to and best practice standards are maintained across all activities within the sphere of control, particularly in the protection of client monies. Taking ownership and motivating the team to perform to the core to get the best possible results.

Principle Accountabilities

The Operations personnel will be required for the following key activities

• Strong Accounting and Taxation knowledge
• Basic Domain Understanding of Financial Instruments & Markets and regulations impacting Financial Markets;
• Strong numerical skills and analytical abilities;
• High level of process orientation;
• Eye for Detail;
• Good Verbal & Written Communication Skills;

Activities

• NAV verification and coordination with Concurrent Auditor
• Total Expense ratio monitoring and expense change processing
• Vendor payments
• Spillover report and review
• Fund Accountant and Auditor co-ordination
• Review of Financial Statements
• Preparing Trust Accounts and getting Audited( Annually)
• Compliance with AMFI and SEBI Circulars
• Various Regulatory and Internal Reporting
• Valuation Policy & valuations & valuation Committee coordination
• Fund of Fund TER Monitoring
• Tax payments and Returns filing

Asset Class –  Equity, Equity Derivatives, Fixed income, Fixed Income Derivatives, ETF, Index Funds, Mutual Funds, Overseas Mutual Funds

Requirements

Qualification and Experience 

• Chartered Accountant / Graduate with good knowledge of accounting and a basic understanding of Capital Markets

Functional and Behavioral Skills

• Strong Accounting knowledge and basic understanding of Capital markets
• Good Analytical skills and expert knowledge of Excel
• Good Communication and Team management skills
• Good at Time Management

Relevant and total years of experience :

CA Fresher or Graduate with a minimum of 1-2 years of Work experience, primarily in Mutual Fund operations / Insurance/ Alternatives/Hedge Fund / Audit firm