Fund Accounting Analyst2 - C10

Citi; Pune District; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Citi is seeking a Fund Accounting Analyst in Pune, India. The role involves calculating daily and periodic NAVs for funds and distributing unit prices, with activities spanning cash and position reconciliations, trade posting, and fund-level processing.

Ideal candidates have a Commerce/Business Administration background, 7–9 years of fund accounting experience, and strong MS Office skills. Night shifts apply; IT tools include MultiFonds, Invest One Enterprise, EMS, pControl and TLM.

Qualifications

• Bachelor’s degree in Commerce or Business Administration.
• 7-9 years of Fund Accounting experience.
• Strong knowledge of Microsoft Office products.

Responsibilities

• Perform and review cash and position reconciliation of funds.
• Process daily income/expense files at fund level.
• Validate exceptions in WEM, p-Control or EMS.
• Push and account trades based on feeds from trades team.
• Process high value transactions – capital and sweep bookings.
• Coordinate with custodians for pending breaks and status calls.
• Assist team leaders with client inquiries and issue resolution.
• Suggest process improvements and controls to reduce risk.

Skills

Excellent communication

Accounting knowledge

Trade lifecycle understanding

Capital markets knowledge

Time management

Detail oriented

Education

Bachelor’s degree in Commerce or Business Administration

Fund Accounting experience 7-9 years

MS Office proficiency

Tools

MultiFonds

Invest One Enterprise

EMS

pControl

TLM

Job description

The Fund Accounting Analyst is an intermediate level position responsible for participating in a variety of fund valuation activities in coordination with the Operations - Transaction Services team. The overall objective of this role is to assist in the calculation of daily and periodic Net Asset Valuations (NAVs) for funds and the distribution of associated unit prices.

Responsibilities:

• Performing & Review Cash & Position Reconciliation of Funds.
• Daily Income/Expense files processing based at fund level.
• Validate exceptions in workflow exception management (WEM) or p-Control or EMS
• Perform trade pushing/accounting based on the feeds received from trades team and ensure all trades are pushed and accounted.
• Processing of high value transactions in the system – Capital and Sweep Bookings.
• Coordinate with Custodians for pending breaks and participate in Custodian call to discuss status of aged breaks.
• Work with team leaders in resolution of client inquiries
• Provide process improvement suggestions or contribute towards controls to be implemented to have a risk free process.
• Become a trusted source for FA operations to rely upon.
• Flexible working hours as per business and organizational requirement.

Skills Required: -

• Excellent written, verbal communication and interpersonal skill
• Sound accounting knowledge and understanding of accounting practices
• Good knowledge of all security types, trade life cycle, corporate actions and its impact on portfolio.
• Exposure to MultiFonds, Invest One Enterprise, EMS, pControl, TLM application will be an added advantage..
• Good understanding of Capital Markets, Derivative Instruments, Custodians, Brokers.
• Work and time management should go hand in hand and needs to have eye for detail.

Education:

• Bachelor’s degree in Commerce or Business Administration is preferred.
• 7-9 years Fund Accounting experience
• Good knowledge of Microsoft office products

Working Hours:

• Candidate will be required to work in Night shift as per business requirement

Job Family Group:

Operations - Transaction Services

Job Family:

Fund Accounting

Time Type:

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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