Reconciliation Associate

clearwateranalytics; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Clearwater Analytics in Bengaluru, India, is seeking a detail-oriented professional to join our Fund Services team. The role focuses on middle and back-office operations, handling accounting and reconciliations for a global client base and coordinating with fund administrators and trading counterparties.

You will perform trade confirmations, daily reconciliations for positions, cash, and P&L, and support month-end NAV processes.

Qualifications

• Bachelor's degree in accounting, finance or related field.
• 1+ year of reconciliation, accounting or finance experience.
• Experience in hedge funds or fund administration preferred.

Responsibilities

• Perform Trade Affirms/Confirmations.
• Perform daily Middle office Trades, Position and Cash Reconciliations.
• Booking of corporate actions, Option Exercise/assignment.
• Daily Reconciliation of Position, P&L and Cash balances.
• Shadow Fund Accounting - Monthly Trial Balance reconciliation (NAV) against Fund Administrators.
• Proactive break resolution - 3rd party communication related to break resolution.

Skills

Fund accounting

Back-office experience

Reconciliation

Excel

Time management

APAC/EMEA shift work

Education

Bachelor's degree in accounting/finance

Tools

Microsoft Excel

Microsoft Word

Job description

Job Summary

In this role, you will be part of a talented and efficient Fund Services team that works on mission-critical projects within middle and back-office operations. You will manage various accounting and operational processes on behalf of our global client base while maintaining transparent communication with our clients and their fund administrators and trading counterparties.

Responsibilities

• Perform Trade Affirms/Confirmations
• Perform daily Middle office Trades, Position and Cash Reconciliations
• Booking of corporate actions, Option Exercise/assignment
• Daily reconciliation of Equity SWAPs, ISDA position recs,
• Month end booking of Stock borrow and Swap financing P&L at position level
• Daily Reconciliation of Position, P&L and Cash balances
• Set up and booking of non-Trading accruals and expenses
• Shadow Fund Accounting - Monthly Trial Balance reconciliation (NAV) against Fund Administrators
• Proactive break resolution - 3rd party communication related to break resolution

Required Skills

• Experience in Middle/Back-Office support role at Hedge Fund, Fund Administrator or Prime Broker
• Should have worked with various financial products such as Structured Products, MBS, CDS, IRS, TRS, Bank Loans, CFDs etc.
• Fund Accounting experience
• Proficient in the use of Microsoft Excel and Word
• Ability to handle and prioritize multiple tasks and work independently
• Willing to work in shifts including APAC and EMEA

Education and Experience

• Bachelor's degree in accounting, Finance, Business, Mathematics, Sciences, or another related field.
• 1+ years of directly applicable experience (reconciliation, accounting, or finance)