Industrial Trainee - Fund Accounting - GIFT City

DSP Investment Managers Pvt Ltd; Gandhinagar; On-site; INR 300,000 - 500,000; Full time

Job summary

A financial services firm in Gujarat, India is seeking freshers for a role focused on managing NAV activities and ensuring compliance with regulatory requirements. Responsibilities include preparing reports, supporting audits, and maintaining relationships with financial entities. The position requires attention to detail and a willingness to learn about the financial industry. Freshers are welcome to apply for this exciting opportunity.

Qualifications

• Responsible for accurate and timely execution of activities related to NAV.
• Preparation of regulatory and scheme-specific reporting.
• Knowledge of FPI & IFSCA regulations.

Responsibilities

• Execute NAV activities and reconciliations.
• Support audits for various funds.
• Maintain relationships with custodians and banks.

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