CA Fresher - Accounting

Motilal Oswal Financial Services (MOFSL); Mumbai City; On-site; INR 400,000 - 600,000; Full time

Job summary

Motilal Oswal Financial Services (MOFSL) is seeking a CA with 0–1 year of experience to join the finance team. You will review financial statements with variance analysis, analyze management fees yield, and coordinate with auditors to resolve queries.

The role focuses on automating accounts processes and enhancing data accuracy, with TER impacts and yield analyses guiding decisions. Responsibilities include updating risk controls, managing end-to-end accounting processes, and ensuring compliance

Qualifications

• CA with first attempt clearance.
• 0-1 year of experience in finance or accounting.
• Domain knowledge in finance and accounting.

Responsibilities

• Review financial statements with variance analysis and ratios.
• Analyse management fees yield impact and discuss with business operations team.
• Coordinate with statutory & internal auditors and resolve audit queries.
• Identify automation opportunities in Accounts to improve efficiency and reduce manual intervention.
• Update risk control matrix of key activities and ensure periodic testing.
• Oversee end-to-end accounting processes, fix data gaps and ensure accuracy of postings.
• Assess TER impact on management fees and split TER components for funds with significant AUM.
• Perform yield analysis at MF, PMS, AIF fund category level and discuss regulatory changes with management.

Skills

Finance & Accounting

Education

Chartered Accountant

Job description

Role & responsibilities

Review of financial statements with detailed variance analysis & ratios, revenue/ expense trends. Build strong understanding on each aspect of financials, check proper account mappings classification & disclosures.

Analyse Management fees yield impact more deeply by discussing with business operations team.

Co-ordinate with Statutory & internal auditors and resolution of audit queries and ensure no major observations which impact financial statements.

Identify areas of automation in Accounts vertical and ensure there is efficiency in operations, identify process gaps in operations and automate or improve processes whereby manual intervention is reduced and efficiency can be improved upon with accuracy.

Update Risk control matrix of key activities and ensure testing is performed periodically

Operations end-to end process with accounting, understanding gaps and fix by implementing better controls for data accuracy & postings. Sign off various SLA with them and accordingly monitor their data. Assess TER impact analysis on management fees with splitting TER components for funds with significant AUM.

Perform yield analysis to check on product yield at each MF, PMS, AIF fund category level o Monthly reading SEBI and other regulatory guidelines and to discuss with management for change if any impacting business, revenue, accounting and compliance

Preferred candidate profile

:

Chartered Accountant with 1st attempt

Experience: 0-1 year

Domain Knowledge: Finance & Accounting