Fund Accounting Manager

Nuvama Asset Services; Mumbai; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Nuvama Asset Services is seeking a Fund Accounting Operations professional in Mumbai to manage end-to-end accounting for investment funds, including NAV computation, reconciliation, and reporting. The role requires deep knowledge of fund structures (AIF, PMS), financial instruments, and operational workflows.

You will ensure timely valuation, accurate pricing, and adherence to regulatory guidelines while coordinating with custodians and fund administrators.

Qualifications

• Candidate should have hands-on NAV calculation and fund valuation experience.
• Experience with IFRS/IND-AS reporting and regulatory filings is required.
• Ability to coordinate with custodians, brokers, and fund administrators.

Responsibilities

• Prepare and review NAV of funds on daily/weekly/monthly cadence.
• Post accruals and expenses per investment terms.
• Perform cash, position, and transaction reconciliation with stakeholders.
• Prepare investor reports, financial statements, and regulatory filings.
• Support audits and ensure compliance with SEBI/RBI rules.
• Collaborate with IT/Tech to automate processes and enhance systems.

Skills

NAV calculation

Reconciliation

Regulatory compliance

IFRS/IND-AS

Trade settlement

Automation

Stakeholder coordination

Education

Bachelor's degree in Finance or Accounting

Tools

Fund accounting software

Excel

Job description

The Fund Accounting Operations professional will be responsible for managing the end-to-end accounting process of investment funds including NAV computation, reconciliation, reporting, and ensuring compliance with regulatory and internal controls. The role demands a deep understanding of fund structures (AIF, PMS), financial instruments, and operational workflows.

Key Responsibilities:

NAV Calculation & Validation:

• Prepare and review daily/weekly/monthly Net Asset Value (NAV) of funds.
• Ensure accurate pricing of portfolio securities and timely fund valuation.
• Post accruals and expenses based on investment terms.
• Perform cash, position, and transaction reconciliation with custodians, prime brokers, fund administrators, and internal records.
• Investigate and resolve breaks in a timely manner.

Investor Reporting:

• Prepare periodic investor reports, capital account statements, financial statements (IFRS/IND-AS), and regulatory filings.
• Coordinate with Investor Relations for reporting and queries.

Trade Settlement & Operations:

• Ensure timely and accurate settlement of trades (Equity, Debt, Derivatives, etc.).
• Coordinate with front office, custodians, and counterparties for trade-related activities.

Audit & Compliance:

• Support statutory and internal audits by providing all fund-related documentation.
• Ensure adherence to SEBI, RBI, and other regulatory guidelines.

System & Process Management:

• Work with IT/Tech teams to automate manual processes.
• Maintain and enhance fund accounting and reporting systems.

Visit the Nuvama Website for your reference - https://www.nuvama.com/