Fund Accounting Specialist

Citi; Pune District; On-site; INR 350,000 - 600,000; Full time

Job summary

Citi in Pune is seeking an entry-level Fund Accounting Specialist to assist in calculating daily and periodic NAVs for funds and distributing unit prices. You will coordinate with the Operations - Transaction Services team to ensure accuracy and timeliness in valuations.

Responsibilities include reviewing reconciliations, reflecting corporate actions on NAV, analyzing data for client perspectives, and supporting process improvements.

Qualifications

• 1–2 years in financial services; fresh graduates may apply.
• Knowledge of financial market operations, accounting, and basics of financial management.
• Demonstrated knowledge of accounting.
• Basic knowledge of organization and policies.
• Clear and concise written and verbal communication.

Responsibilities

• Assist in daily NAV calculations and valuation delivery for defined clients.
• Review stock and cash reconciliations for NAV impact; ensure items clear correctly.
• Analyze reconciliations to identify and address recurring exceptions.
• Assist in reflecting corporate actions on NAV accurately.
• Assist in collecting and analyzing management information from operations and clients.
• Support development of team processes and a positive working environment.
• Assist in resolving client queries and meet SLA deadlines.
• Escalate and report control issues with transparency to safeguard Citi.

Skills

Financial operations

Accounting basics

Communication skills

Written and verbal communication

Education

Bachelor degree or equivalent

Job description

The Fund Accounting Specialist is an entry level position responsible for assisting 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:

• Complete activities relating to the accurate and timely delivery of valuations for defined clients
• Review stock and cash reconciliations to ensure the exceptions noted have no NAV impact and items cleared are treated
• Analyze cause and suggest enhancements for recurring exceptions through review of reconciliations and analysis of NAVs
• Assist in ensuring the corporate actions are correctly reflected on the NAV
• Assist in the collection and analysis of relevant management information from an operational and client perspective
• Aid in the ongoing development of team processes, procedures, and positive working environment
• Aid in the prompt investigation and resolution of client queries, and ensure client Service Level Agreement (SLA) and deadlines are met
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 1-2 years of relevant experience within financial services, but fresh graduates are welcome to apply
• Knowledge of financial market operations, accounting, and basics of financial management
• Demonstrated knowledge of accounting
• Basic knowledge of organization and policies
• Consistently demonstrates clear and concise written and verbal communication

Education:

• Bachelor degree or equivalent

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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