Supervisor Fund Admin

HSBC Holdings plc; Jakarta Pusat; On-site; IDR 200,880,000 - 357,120,000; Full time

Job summary

HSBC Corporate and Institutional Banking (CIB) Securities Services in Jakarta is seeking a Fund Operations professional. You will administer Pension, Mutual, and Discretionary fund operations, perform daily NAV calculations, and ensure timely accounting entries to support fund performance.

The role requires 3-5 years of accounting experience, understanding of fund portfolios, and knowledge of fixed income and equity settlement, with interactions across Global Markets, Operations, and Finance to

Qualifications

• 3-5 years relevant experience with Accounting background.
• Understanding of Pension/Mutual/Discretionary fund portfolio valuation and accounting procedures.
• 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.

Responsibilities

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

Skills

Accounting background

Fund accounting

NAV calculations

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:

• 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.