Fund Accounting Manager - Domestic Mutual Funds

Dept/Division: Capital Markets
Function: Fund Accounting
Average No. of direct Reportees: 3 to 4

Role Overview:
As Fund Accounting – Domestic Mutual Funds, you will own the design, operation and strengthening of fund-accounting processes for Domestic Mutual Funds. In the first 12–24 months, you will complete UAT and support the implementation of the Multi-fonds system, establish streamlined processes, and ensure accurate NAV computation, valuation and regulatory reporting. The role matters because it underpins reliable fund valuations, regulatory compliance and operational quality within Bank’s Capital Markets function.

Key Responsibilities:
- Lead UAT and support the implementation of the Multi-fonds system.
- Set up fund-accounting processes for Domestic Mutual Funds.
- Streamline fund-accounting workflows to improve accuracy and operational efficiency.
- Own NAV computation for Domestic Mutual Fund portfolios.
- Manage valuation processes and ensure the integrity of valuation outputs.
- Deliver regulatory reporting in line with Mutual Fund regulations.
- Lead and develop a team of 3 to 4 direct reportees.
- Apply strong knowledge of Mutual Fund regulations across daily operations and reporting.

Requirements

Required Skills & Qualifications:

• 7+ years of relevant Fund Accounting experience in the Domestic Mutual Fund industry.
  
• Hands-on knowledge of the Multi-fonds application.
  
• Strong understanding of Mutual Fund regulations.
  
• Commerce Graduate or Chartered Accountant (CA).
  

Education and Experience

• 7+ years of relevant Fund Accounting experience in the Domestic Mutual Fund industry.
  
• Hands-on knowledge of the Multi-fonds application.
  
• Strong understanding of Mutual Fund regulations.
  
• Commerce Graduate or Chartered Accountant (CA) qualification.
  
• Experience in NAV computation, valuation, and regulatory reporting.
  
• Experience from fund-accounting or custody-services environments at banks and financial institutions is relevant.
  

Technical Skills

• Fund Accounting Operations for Domestic Mutual Funds
  
• Multi-fonds application
  
• NAV computation
  
• Portfolio valuation
  
• Mutual Fund regulatory reporting
  
• UAT and system implementation support
  

Target Companies

• SBI - SG
  
• HSBC Mumbai Office
  
• StanC Mumbai Office
  
• Citibank Mumbai Office
  
• HDFC Bank
  
• Deutsche Bank Mumbai Office