Fund Administration Specialist

HSBC; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

HSBC Global Asset Management India Private Limited is seeking a skilled candidate to ensure end-to-end NAV calculation and reporting for multiple mutual fund schemes. You will oversee fund accounting, validate vendor payments, and coordinate audits to maintain regulatory compliance.

The role requires 5–10 years in fund accounting, strong Excel skills, and a solid understanding of SEBI regulations. You will maintain audit-ready records and produce monthly reports while strengthening controls and

Qualifications

• Bachelor's/Master in Finance/Accounting required; CA qualification preferred/required.
• 5–10 years’ experience in fund accounting, NAV calculation, and audit coordination.
• Strong Excel proficiency; knowledge of mutual fund regulations advantageous.

Responsibilities

• Ensure daily NAVs for multiple Mutual Fund schemes and disseminate to RTA within cut-offs.
• Manage scheme accounting activities and related controls.
• Process, validate and record invoices for scheme expenses on time.
• Provide extensive support for internal and statutory audits.
• Ensure compliance with tax regulations and related submissions.
• Perform alternate checks to strengthen controls and efficiency.
• Prepare monthly regulatory and internal reports with accuracy.
• Maintain up-to-date process notes and audit-ready records.
• Monitor concurrent auditors’ activities to ensure SLA adherence.
• Stay current on SEBI regulations and assess impact on operations.

Skills

NAV calculation

Fund accounting

Excel

Audit coordination

Analytical skills

Communication

Education

Bachelor's/Master's in Finance/Accounting

CA qualification preferred

Job description

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Business Descriptor

International Wealth and Premier Banking (IWPB) helps deliver on HSBC’s purpose of opening up a world of opportunity by providing our customers with borderless banking and world-class wealth management through best-in-class, mobile-first capabilities, and exceptional people. Our international network and breadth of expertise enable us to support individuals, families, business owners, investors, and entrepreneurs. International Wealth and Premier Banking provides a leading premium proposition through Premier Banking and, together with our Private Bank, are present across the world’s most important markets, booking centres, and corridors most valued by our clients. Our wealth offering is further enhanced through our best-in-class manufacturing capabilities in Asset Management and Insurance.

Job Introduction

The team member will play a pivotal role in ensuring end-to-end compliance for the daily calculation and dissemination of Net Asset Values (NAVs). The role covers oversight of NAV-related activities, conducting independent/alternate checks, processing and validating vendor payments, and producing clear, comprehensive reporting. The incumbent will co‑ordinate internal, statutory, and SEBI audits, and will take ownership of tax co‑ordination and related tax activities. In addition, the role requires maintaining accurate documentation, tracking concurrent auditors’ work, and ensuring all deliverables are completed accurately and within required timelines.

Principal Responsibilities

1. Ensure daily NAVs for multiple Mutual Fund (MF) schemes are accurately calculated by Fund Accounting (FA) and disseminated to the RTA within regulatory cut-offs.
2. Manage scheme financials, including scheme accounting activities and related controls.
3. Ensure invoices for scheme expenses are processed, validated, and recorded within agreed timelines.
4. Provide extensive co‑ordination and support for audits, including internal and statutory audits.
5. Ensure compliance with applicable tax regulations, including ongoing monitoring and required submissions/activities.
6. Perform alternate checks to strengthen the accuracy and reliability of processes; proactively identify opportunities to enhance controls and operational efficiency.
7. Prepare monthly regulatory and internal reports, ensuring accuracy, completeness, and timely submission.
8. Maintain up-to-date process notes, supporting documentation, and audit-ready records.
9. Monitor concurrent auditors’ activities to ensure SLA adherence and provide timely, accurate responses to audit queries.
10. Build and maintain strong knowledge of SEBI regulations and internal policies; stay current on regulatory changes and assess their operational impact.

Role Requirements / Education Qualifications / Certifications / Experience

1. Bachelor’s/Master’s degree in Finance, Accounting, or a related discipline; Chartered Accountant qualification preferred/required.
2. 5–10 years’ experience in fund accounting or a similar role, including NAV calculation, reporting requirements, preparation of annual financial statements, and audit co‑ordination.
3. Strong understanding of financial instruments and markets; excellent numerical and analytical skills; clear written and verbal communication; collaborative team player; strong Excel proficiency. Knowledge of Mutual Fund and accounting regulations is an added advantage.

Note

As an employee, you are required to perform your duties in a professional capacity exercising independent judgement, discretion and decision‑making authority in planning, organising, directing work, supervising and appraising the work of team members, as applicable; and taking accountability for delivery outcomes. You will represent the organization with relevant internal and external stakeholders. You will allocate and prioritize work, provide direction and feedback, manage team capacity and leave in line with policy as applicable.

• Pro-tip : Familiarity with AI-enabled tools is an advantage.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.

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Issued by HSBC Global Asset Management India Private Limited