Officer Fund Admin

HSBC; Indonesia; On-site; IDR 279,000,000 - 502,200,000; Full time

Job summary

HSBC seeks a Senior Fund Accountant to join the Securities Services team within Corporate and Institutional Banking in Indonesia. You will administer pension, mutual and discretionary fund operations and perform daily NAV calculations and valuations to support client reporting.

The role requires understanding of fund accounting procedures, fixed income and equity settlement, and compliance with local regulations.

Qualifications

• 6 years experience in accounting or fund accounting roles.
• Understanding of Pension/Mutual/Discretionary fund valuation and procedures.
• Knowledge of settlement processes for fixed income and equity securities.
• Familiarity with local regulatory bodies and market practices.

Responsibilities

• Administer Pension/Mutual/Discretionary Fund operations and execute client instructions daily.
• Record day-to-day accounting bookings and NAV calculations for end-of-day valuations.
• Conduct compliance checks for individual funds and maintain accurate records.

Skills

Fund accounting

NAV calculations

Compliance knowledge

Fixed income settlement

Equity settlement

Regulatory understanding

Client relationship

Education

Accounting degree

Job description

HSBC Corporate and Institutional Banking (CIB) is a markets-led, financing-focused business that provides investment and financial solutions. Within CIB, Securities Services provides robust and reliable solutions that help clients mitigate risk and enhance their business performance. Working with institutional investors, banks, insurance companies, governments, and multinational corporations, this team covers fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.

• Administer Pension/Mutual/Discretionary Fund operations include execution of fund manager/client instructions on daily basis,
• Day to day accounting booking and valuations which yield the NAV at the end of the day,
• Compliance checking for the individual fund maintained,
• Prepare tax provision as requested by Fund Managers/client,
• Provide high quality services to clients by maintaining good relationship and responding to enquiries from the clients.

To be successful in this role, you should meet the following requirements:

• 6 years relevant experience with Accounting background
• An understanding of Pension/Mutual/Discretionary fund portfolio valuation and accounting procedure and method
• Knowledge in the settlement of fixed income and equity securities instruments
• Understand the OJK, KSEI, IDX, Tax office, and Market procedures, practices, and regulations
• Understand the role and interaction with Global Market, Operations Payment, and Finance team.

you'll achieve more when you join HSBC

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.