Fund Accounting Specialist - C05 - GURUGRAM

Citigroup Inc.; Haryana; On-site; INR 360,000 - 540,000; Full time

Job summary

Citigroup Inc. is seeking an entry-level Fund Accounting Specialist to assist in the calculation of daily and periodic NAVs for funds and the distribution of unit prices.

The role supports the Operations - Transaction Services team to ensure accurate valuations for defined clients and timely responses to inquiries. The position requires 2-4 years of relevant experience in financial services, strong accounting fundamentals, and progressing ACCA/ACA/CIMA studies.

Qualifications

• 2-4 years of relevant experience.
• Experience within financial services.
• Knowledge of accounting.

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.

Skills

Financial services

NAV calculations

Reconciliations

Communication

Education

High School diploma 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

• 2-4 years of relevant experience
• Experience within financial services
• Knowledge of financial market operations, accounting, and basics of financial management
• Demonstrated knowledge of accounting
• Basic knowledge of organization and policies
• Studying for ACCA, ACA or CIMA at an advanced level
• Consistently demonstrates clear and concise written and verbal communication

Education

• High School diploma 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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