Staff Fund Admin

HSBC; Pulau Untung Jawa; On-site; IDR 100,000,000 - 180,000,000; Full time

Job summary

HSBC Holdings plc in Jakarta seeks a fund operations professional to support Pension/Mutual/Discretionary fund operations, NAV calculations, and daily accounting tasks.

The role emphasizes compliance checks, tax provisions, client service, and collaboration with Global Market, Operations Payment, and Finance teams; 1–2 years accounting experience required; [e-mail].

Qualifications

• 1–2 years of relevant accounting experience.
• Understanding of Pension/Mutual/Discretionary fund accounting and NAV procedures.
• Knowledge of fixed income and equity settlement processes.
• Familiarity with local regulatory bodies and market practices.

Responsibilities

• Administer pension/mutual/discretionary fund operations and client instructions.
• Daily accounting bookings and NAV calculation and reconciliation.
• Compliance checks for funds and tax provisions as requested.
• Provide high-quality client service and respond to inquiries.

Skills

Accounting basics

Fund accounting

NAV calculations

Regulatory awareness

Client service

Education

Bachelor's degree in Accounting

Tools

Excel

Job description

Some careers shine brighter than others

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.

Principal Responsibilities:

• 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:

• 1-2 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 at HSBC

HSBC is committed to building a culture where all employees are valued, respected and every opinion counts. We take pride in providing a workplace that fosters professional development, flexible working, and opportunities to grow within an inclusive and diverse environment. We want everyone to achieve their potential with equality regardless of gender, ethnicity, disability, religion, age, or any other trait protected by applicable law. If you need any support or have any access requirements, we encourage you to inform us through email at [e-mail] at the time of your application, so that we can support you through your recruitment journey.