Industrial Trainee - Fund Accounting - GIFT City

DSP Asset Managers Pvt. Ltd.; Gandhinagar; On-site; INR 350,000 - 700,000; Full time

Job summary

A financial asset management firm in Gujarat seeks freshers for a role focused on accurate and timely execution of NAV activities and reconciliations. Responsibilities include preparing regulatory reporting, supporting audits, and monitoring cash flow. The candidate will work closely with various teams, maintain relationships with banks, and ensure precise documentation of business processes. This entry-level position is ideal for candidates seeking to grow their careers in finance.

Qualifications

• Responsible for accurate execution of NAV and reconciliations.
• Preparation of regulatory reporting including IFSCA and FPI.
• Support audits for various funds and maintain relationships with banks.

Responsibilities

• Execute activities pertaining to NAV.
• Prepare regulatory reporting and support administrative tasks.
• Monitor cash flow and assist in onboarding brokers.
• Monitor FPI & IFSCA regulations and implement changes
• Shadow NAV and ancillary processes (TER, securities valuation)
• Reporting and settlement of trades
• Banking activities and cash flow monitoring
• Audit support for funds
• Onboard brokers or vendor counterparties with full documentation
• Maintain relationships with custodians, banks, and fund accountants
• Collaborate with Investment and Compliance teams on deliverables
• Document business processes and controls clearly
• Develop sound technical knowledge of NAV and related processes

Job description

Objectives of the Role:

• Responsible for accurate and timely execution of activities pertaining to NAV, and various reconciliations such as FA, Custody & Cash.
• Preparation and dissemination of regulatory and scheme-specific reporting (including IFSCA, SEZ & FPI).
• Supporting administrative tasks and periodic filings related to SEZ.
• Keeping abreast of FPI & IFSCA regulations and implementing any required changes.
• Supporting other business areas by executing shadow NAV and ancillary processes such as TER, valuation of securities, etc., as a parallel control to outsourced FA activity, in coordination with a senior team member.
• Reporting and settlement of trades.
• Carrying out various banking activities.
• Monitoring capital activity and reporting cash flow to the Portfolio Manager.
• Supporting audits for various funds.
• Onboarding brokers or vendor counterparties when required, including complete documentation.
• Maintaining relationships with custodians, banks, and fund accountants.
• Working closely with the Investment and Compliance teams on various deliverables.
• Ensuring clear and precise documentation of business processes and controls.
• Gaining sound technical knowledge of NAV and other related processes

Years of Experience:

• Freshers