Supervisor Fund Admin

HSBC Global Services Limited; Jakarta Pusat; On-site; IDR 300,000,000 - 450,000,000; Full time

Job summary

HSBC Global Services Limited in Jakarta is seeking a skilled Fund Operations professional to manage pension and mutual fund operations, ensuring accurate NAV calculations and timely financial settlements.

The role requires 3-5 years of accounting experience, familiarity with fund portfolios, and knowledge of regulatory requirements. You will interact with Global Market, Operations Payment, and Finance teams to deliver reliable client service.

Qualifications

• 3-5 years relevant experience with Accounting background.
• Understanding of Pension/Mutual/Discretionary fund valuation and accounting procedures.
• Knowledge in 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 executing fund manager/client instructions daily.
• Day-to-day accounting bookings and valuations to yield the NAV at day end.
• Compliance checking for the individual fund maintained.
• Prepare tax provision as requested by Fund Managers/clients.
• Provide high quality services to clients by maintaining relationships and responding to inquiries.

Skills

Accounting

Fund valuation

Regulatory knowledge

Financial instruments

Stakeholder communication

Education

Accounting degree

Finance background

Tools

Fund accounting software

NAV calculation tools

Job description

Some careers shine brighter than others

If you’re looking for a role that will help you stand out at HSBC, take a look at how you can fulfil your potential.

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 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.