AVP - Fund Accounting Oversight - Public Assets

NACBA; Hinoba-an; On-site; PHP 2,321,000 - 3,647,000; Full time

Job summary

M&G is recruiting for an AVP - Fund Accounting Oversight - Public Assets in Mumbai. The role oversees NAV oversight, fund accounting, and financial reporting for the group’s asset portfolios.

You will collaborate with offshore teams and TPAs to ensure accuracy, governance, and risk management. We seek a senior professional with 10–15 years in financial services, strong governance mindset, and global regulatory know‑how.

Qualifications

• Strong technical expertise in fund accounting, NAV oversight, pricing, financial reporting, and costs & charges across jurisdictions (UK, Ireland, Luxembourg).
• Deep understanding of fund structures and products (ICVCs, Unit Trusts, SICAV, FCP, RAIF, ELTIF, LTAFs); experience with UCITS and money market funds.

Responsibilities

• Lead NAV oversight and fund financial reporting oversight for M&G's fund ranges.
• Collaborate with offshore partners, including India-based colleagues.
• Deliver BAU oversight across financial reporting, fund accounting and NAV oversight.
• Serve as SME for fund accounting oversight, including Fund, Financial Reporting and Costs & Charges.
• Oversee error and risk validation; analyse control failures; direct remediation and support investigations.
• Drive continuous improvement across processes, controls and oversight.
• Manage internal and external stakeholder queries.
• Build and maintain relationships with TPAs, auditors and internal partners.
• Shape and maintain the control governance framework.

Skills

Fund accounting oversight

NAV oversight

Financial reporting

Costs & charges

Regulatory knowledge

UCITS experience

Governance & controls

Stakeholder management

Analytical skills

Problem-solving

Education

Commerce/Accounting/Finance degree

CFA/CA/MBA Finance desirable

Job description

About M&G India

We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.

Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.

Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.

About M&G

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long‑term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

Job title: AVP - Fund Accounting Oversight - Public Assets

Team: Investment Accounting Services

Location: Mumbai

Shift: UK hours

Overall Job Purpose

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

This role leads the team responsible for NAV oversight and fund financial reporting oversight across M&G's fund ranges. The team plays a key role in delivering a centralised fund accounting function, ensuring the accuracy and integrity of outputs from third party administrators (TPAs). The role provides technical and accounting expertise, supports regulatory and structural change, and strengthens governance across the fund lifecycle. The role holder builds strong partnerships with TPAs and internal stakeholders to uphold M&G's risk and control framework for fund accounting, reporting, expense oversight and ongoing charges.

Key Responsibilities/Accountabilities:

• Lead the oversight team with accountability for NAV oversight and fund financial reporting oversight.
• Maintain close collaboration and integration with offshore partners, including India based colleagues.
• Deliver BAU oversight across technical areas within financial reporting, fund accounting and NAV oversight.
• Act as SME for fund accounting oversight, including Fund, Financial Reporting and Costs & Charges.
• Oversee error and risk validation, analyse control failures, direct remediation activity and support Risk and Compliance investigations.
• Drive continuous improvement across processes, controls and oversight.
• Manage internal and external stakeholder queries.
• Build and maintain relationships with TPAs, auditors and key internal partners.
• Shape and maintain the control governance framework.

Knowledge, Skills, Experience & Educational Qualification

Skills:

• Strong technical expertise in fund accounting, NAV oversight, pricing, financial reporting, and costs & charges, with knowledge of relevant accounting standards and regulations across jurisdictions (UK, Ireland, Luxembourg).
• Deep understanding of fund structures and products (e.g., ICVCs, Unit Trusts, SICAV, FCP, RAIF, ELTIF, LTAFs) and experience across UCITS and money market funds.
• Strong risk, controls, and governance mindset, with the ability to assess complex issues, challenge constructively, and make clear, well‑informed decisions.
• Proven ability to operate effectively within an oversight model, engaging auditors and internal stakeholders to review and challenge fund outputs.
• Excellent analytical and problem‑solving skills, with the ability to investigate issues, identify root causes, and drive resolution.
• Strong communication and stakeholder management skills, able to present complex topics clearly to both technical and non‑technical audiences.
• Ability to work with autonomy, accountability, and sound judgement, contributing to team delivery and broader business outcomes.
• Focus on continuous improvement and strengthening control frameworks, with the ability to identify key risks and improvement opportunities.

Experience:

• 10-15 years of experience in financial services. Min 10 years of experience in Fund accounting oversight or fund financial reporting oversight with at least 8 years in a supervisory or managerial role.

Educational Qualification:

• Graduate/Postgraduate in Commerce, Accounting, or Finance. Professional certifications (e.g., CFA, CA, MBA Finance) are a plus.
• Relevant IOC or Investment Management qualification / Certification would be desirable.

M&G Behaviours relevant to all roles:

Tell it like it is:

Respectfully speaking up to create better ways forward - both direct and empathetic

Own it now:

Putting your name on things with confidence to drive progress and results quickly

Move it Forward Together:

Forming cross‑functional teams to seize the right opportunities and solve real problems.

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.