Supervisor Fund Admin

HSBC; Jakarta Barat; On-site; IDR 250,000,000 - 400,000,000; Full time

Job summary

HSBC Corporate and Institutional Banking in Jakarta seeks an experienced fund accounting professional to administer Pension, Mutual and Discretionary Fund operations and to perform NAV calculations. You will ensure accurate accounting and regulatory compliance while delivering high-quality services to clients.

Join a team that collaborates across Global Market, Operations Payment, and Finance, ensuring timely reporting and adherence to OJK, KSEI, IDX, and tax requirements.

Qualifications

• 3-5 years relevant experience with Accounting background.
• Understanding of Pension/Mutual/Discretionary fund valuation and accounting.
• Knowledge in settlement of fixed income and equity securities.
• Familiar with OJK, KSEI, IDX, Tax office rules and market practices.
• Ability to work with Global Market, Operations Payment and Finance teams.

Responsibilities

• Administer Pension/Mutual/Discretionary Fund operations and execute fund manager/client instructions daily.
• Day-to-day accounting bookings and valuations yielding NAV at end of day.
• Perform compliance checks for individual funds.
• Prepare tax provisions as requested by Fund Managers/clients.
• Provide high-quality client service and respond to inquiries promptly.

Skills

Accounting background

Fund portfolio valuation

Settlement of fixed income and equity

Regulatory procedures knowledge

Inter-team collaboration

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:

• 3-5 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.