BPO Trade Settlement Associate

NTT DATA, Inc.; Gurgaon; On-site; INR 600,000 - 1,200,000; Full time

Job summary

NTT DATA, Inc. in Gurgaon, India, is seeking a hedge fund accounting professional to support journal entries, bank reconciliations, and NAV calculations.

The role involves preparing monthly financial reporting, asset and liability statements, and P&L for hedge funds, ensuring accurate accruals for fund income and expenses, and handling capital activities. You will also derive pricing for portfolio investments, manage cash flow, and produce bespoke client reports while performing independent

Qualifications

• Experience in hedge fund accounting or fund administration.
• Ability to prepare financial reports and reconciliations.
• Strong attention to detail and accuracy.

Responsibilities

• Book journal entries based on bank statements and client data.
• Prepare bank reconciliations and maintain financial logs.
• Prepare monthly hedge fund financial reporting, including NAV calculation and statements of assets/liabilities and P&L.
• Ensure accrual of fund income and expenses including management and performance fees.
• Process capital activities: calls, distributions, transfers, rollups, and capital commitments.
• Derive pricing for portfolio investments and update status reports.
• Manage daily cash flow of trades and monitor fund cash flows; process cash movements related to capital activity.
• Prepare bespoke reports addressing client requests.
• Independently complete cash, portfolio and capital reconciliations and resolve discrepancies.

Skills

Journal entries

Bank reconciliation

Financial reporting

NAV calculation

Cash management

Reconciliations

Portfolio pricing

Reporting

Job description

Job Description:

Roles and Responsibilities

• Booking Journal Entries basis bank statements and client
• Preparation of Bank Reconciliation and maintaining the respective financial logs
• Prepare monthly financial reporting package for the Hedge Funds, including the determination of "Net Asset Value" and prepare the Statement of Asset and Liabilities and Profit and Loss Statement
• Ensuring fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards.
• Accurate and timely processing of all capital activities including calls and distributions , transfers, rollups, capital commitments and calls.
• Derive pricing for portfolio investments. Updating status reports.
• Cash Management-managing the daily cash flow of trades and monitoring fund cash-flows. Process incoming and outgoing cash movements related to capital activity
• Reporting-preparing bespoke reports to address client requests.
• Independently complete cash, portfolio and capital reconciliations and investigate and resolve any discrepancies

Creation and maintenance of investor information including payment models and contacts.