Assistant Manager

Birla Carbon; Thane; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Birla Carbon is looking for a professional in Thane for equity securities accounting and valuation. The role entails preparing accurate financial reports and coordinating with auditors for audits, ensuring compliance with financial reporting standards such as IFRS. The candidate should have experience with equity settlement and a background in finance. This position is crucial for maintaining the accuracy of NAVs, cash flow projections, and timely reporting to management.

Qualifications

• Experience with equity securities accounting and settlement.
• Knowledge of financial reporting standards such as IFRS.
• Ability to coordinate with multiple departments effectively.

Responsibilities

• Carry out accurate accounting, settlement, and valuation of equity securities.
• Prepare financial reports and MIS accurately within timelines.
• Coordinate with auditors for seamless completion of audits.

Skills

Equity Settlement

Accounting

Financial Reporting

Coordination with Auditors

Job description

At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.

Designation :

Location : India Maharashtra G-Corp Tech Park, Thane

Job Description

To carry out accurate accounting, settlement and valuation of equity securities across the portfolios. Preparation of MIS accurately and within timelines. Timely coordination with auditors, other departments such as Accounts & MIS, Taxation, Actuarial etc for seamless completion of audit and periodic accurate financial reporting.

Job Context

To carry out accurate accounting, settlement and valuation of equity securities across the portfolios. Preparation of MIS accurately and within timelines. Timely coordination with auditors, other departments such as Accounts & MIS, Taxation, Actuarial etc for seamless completion of audit and periodic accurate financial reporting.

Job Challenges

Multiple system interface understanding required to carry out day’s activity. Accuracy and promptness for Settlement, Accounting & valuation need to be ensured taking into account the system and asset complexities. Timely submissions of reports for substantiating data across various audits.

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

KRA1: Carry out timely and accurate Equity Settlement for accounting

1. Equity Settlement on STP including custody and broker confirmation
2. Co-ordination with Equity Brokers and Dealers and Custody for trade settlement
3. Calculation of Margin payable
4. Provision of equity related cash flows in the cash flow projections

KRA2: Support the Accounting and Valuation of Equity Portfolio across funds for NAV release

1. Creation of Equity and Broker Master
2. Timely and accurate accounting of Equity Trades
3. MTM valuation of Equity Portfolio across fund groups
4. Tracking and accounting of Corporate Action

KRA3: Undertake Daily checking of Debt Valuation and Accounting for ensuring accuracy of NAV’s released

1. Checking of Debt Valuation across all funds
2. Checking of Debt Accounting across all funds

KRA4: Preparation of MIS for Management review, financial reporting, and Audit Data

1. Preparation of Financial Reports as per IRDA, Schedule VI & IFRS
2. Preparation of daily, monthly, yearly MIS
3. Preparation of To-be-Revived Policies reconciliation
4. Adhoc investment MIS as and when required by IRDA, Actuary, Front-Office, Taxation, Planning and Management
5. Co-ordination with statutory, Internal & Concurrent auditors
6. Timely and accurate vendor payment

KRA5: Project support

1. Facilitating in testing and implementation