- Role: Fund Accounting Executive
- Location: Mumbai (All Areas)
- Company: Kotak Mahindra Bank
- Salary: ₹ 2.5-4 Lacs P.A
- Qualifications: Any Graduate
- Experience: 1-4 Years
- Employment Type: Full Time
About Kotak Mahindra Bank:
Kotak Mahindra Bank is certainly one of India’s main monetary services conglomerates. With a deep willpower for innovation, client-centric solutions, and operational excellence, we have been constantly on the primary edge of the banking and monetary quarter. We provide a big kind of economic services and products, catering to the numerous dreams of people and companies throughout the usUSAf the us. Our painting’s way of life is pushed by way of values of integrity, teamwork, and normal performance, presenting personnel with a colorful and inclusive environment to excel in their careers.
Job Description:
We are searching for a drastically expert and element-oriented Fund Accounting Executive to join our dynamic organization at Kotak Mahindra Bank. The fulfillment candidate may be responsible for managing and overseeing all elements of fund accounting, making sure accurate and well-timed economic reporting for our customers. This position requires deep facts of economic gadgets, accounting ideas, and regulatory necessities precise to the fund agency.
Fund Accounting Executive Responsibilities:
1. Fund Accounting and Reconciliation:
- Manage and oversee the day-to-day operations of fund accounting, making sure all transactions are because it has to be recorded and reconciled.
- Perform every day, monthly, and quarterly fund valuations, ensuring that all fund belongings and liabilities are as they should be priced and cited.
- Reconcile cash, securities, and different fund properties to ensure certain accuracy and completeness.
- Handle organization movements and ensure correct processing of dividends, hobbies, and top-notch earnings or expenses associated with the budget.
2. Financial Reporting:
- Prepare and examine financial statements, which consist of balance sheets, profits statements, and coins waft statements for the price variety below.
- Ensure that every financial reporting complies with Indian accounting necessities, regulatory requirements, and inner policies.
- Coordinate with auditors and make sure that annual audits are completed in a nicely timed and inexperienced way.
3. Compliance and Regulatory Reporting:
- Stay up to date on regulatory modifications and make sure that every one fund accounting sports activities are compliant with the extremely-current guidelines, in conjunction with SEBI recommendations.
- Prepare and post regulatory reviews in a properly timed and accurate manner.
- Work intently with the compliance group to ensure adherence to all relevant jail tips and rules.
4. Process Improvement and Automation:
- Identify possibilities to beautify fund accounting processes, together with automation of manual obligations.
- Implement satisfactory practices and full-size running techniques to decorate efficiency and accuracy.
- Collaborate with IT and other departments to extend and place into effect technology answers that beneficial resource fund accounting operations.
5. Client and Stakeholder Management:
- Serve because the primary factor of contact for fund accounting-associated queries from clients, custodians, and different stakeholders.
- Provide customers with well-timed and correct statistics regarding their fund’s average ordinary performance, costs, and wonderful applicable data.
- Build and hold robust relationships with internal and external stakeholders to make certain excessive levels of consumer pleasure.
6. Team Collaboration and Development:
- Work carefully with extraordinary departments, collectively with danger management, compliance, and operations, to ensure a continuing go with the go along with float of data and collaboration.
- Mentor and educate junior group people, presenting steerage and help to help them grow their capabilities and enhance their careers.
- Foster collaborative and inclusive artwork surroundings that encourage teamwork and understanding sharing.
Key Qualifications, Skills, Experience:
- Educational Background: A degree in finance, accounting, exchange, or an associated field is wanted. Professional certifications that encompass CA, CFA, or identical might be considerably super.
- Experience: A minimum of 3-5 years of experience in fund accounting, preferably inside a banking or financial offerings surroundings.
- Technical Skills: Strong expertise in accounting software and MS Excel is wanted. Experience with fund accounting systems which encompass Bloomberg, Reuters, or similar systems is favored.
- Knowledge: In-depth information on Indian accounting necessities, SEBI rules, and economic units is essential. A robust knowledge of mutual fee variety, portfolio manipulation, and NAV calculations is wanted.
- Analytical Skills: Excellent analytical and problem-fixing skills, with an eager interest in elements.
- Communication Skills: Strong verbal and written verbal exchange skills, with the capability to carry complex economic records in reality and effectively.
- Teamwork: A setup potential to work correctly in team-orientated surroundings, with robust interpersonal skills.
- Time Management: Ability to control a couple of obligations and closing dates correctly in brief-paced surroundings.
Why Join Us:
- Opportunity to work with taking into consideration one of each of India’s critical banks, providing publicity to a massive type of financial services and products.
- A collaborative and inclusive work manner of life that values professional growth and improvement.
- Competitive reimbursement package deal, which includes blessings together with health insurance, retirement plans, and basic overall performance-based definitely incentives.
- A hazard has a massive effect on the financial well-being of customers and contributes to the growth of the economic organization.
- If you are a pushed and skilled fund accounting expert in search of taking the following step in your career, we invite you to use this interesting opportunity at Kotak Mahindra Bank.
- Kotak Mahindra Bank is the same possible employer. We have a first-rate time variety and are devoted to growing an inclusive environment for all employees.
Other Jobs:
Mastercard Hiring Lead Product Manager-Technical Job
Assistant Manager Job at Bank of America
