Fund Accounting Analyst2 - C10

Citi; New York (NY); Hybrid; USD 9,500 - 18,000; Full time

Job summary

The Fund Accounting Analyst role at Citi involves supporting daily and periodic NAV calculations for funds and processing related unit prices. You will participate in cash and position reconciliations, trade accounting, and exception management to ensure accurate fund valuations.

You will work with Operations - Transaction Services, interact with custodians, and contribute to process improvements while adhering to controls. Night shift may be required.

Qualifications

• Bachelor’s degree in Commerce or Business Administration.
• 7-9 years Fund Accounting experience.
• Good knowledge of Microsoft Office products.

Responsibilities

• Perform cash & position reconciliations for funds.
• Process daily income/expense files at fund level.
• Validate workflow exceptions and ensure accurate NAV calculations.
• Carry out trade posting and accounting from feeds from trades team.
• Process high-value transactions such as capital and sweep bookings.
• Coordinate with custodians on breaks and discuss status.

Skills

Excellent communication

Accounting knowledge

Capital Markets knowledge

Time management

Education

Bachelor's degree in Commerce or Business Administration

Tools

MultiFonds

Invest One Enterprise

EMS

pControl

TLM application

Microsoft Office

Job description

Fund Accounting Analyst2 - C10

Location(s):

Pune, Maharashtra, India

Job Type:

Hybrid

Discover your future at Citi

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Job Overview

The Fund Accounting Analyst is an intermediate level position responsible for participating in a variety of fund valuation activities in coordination with the Operations - Transaction Services team. The overall objective of this role is to assist in the calculation of daily and periodic Net Asset Valuations (NAVs) for funds and the distribution of associated unit prices.
Responsibilities:

• Performing & Review Cash & Position Reconciliation of Funds.
• Daily Income/Expense files processing based at fund level.
• Validate exceptions in workflow exception management (WEM) or p-Control or EMS
• Perform trade pushing/accounting based on the feeds received from trades team and ensure all trades are pushed and accounted.
• Processing of high value transactions in the system – Capital and Sweep Bookings.
• Coordinate with Custodians for pending breaks and participate in Custodian call to discuss status of aged breaks.
• Work with team leaders in resolution of client inquiries
• Provide process improvement suggestions or contribute towards controls to be implemented to have a risk free process.
• Become a trusted source for FA operations to rely upon.
• Flexible working hours as per business and organizational requirement.

Skills Required: -

• Excellent written, verbal communication and interpersonal skill
• Sound accounting knowledge and understanding of accounting practices
• Good knowledge of all security types, trade life cycle, corporate actions and its impact on portfolio.
• Exposure to MultiFonds, Invest One Enterprise, EMS, pControl, TLM application will be an added advantage..
• Good understanding of Capital Markets, Derivative Instruments, Custodians, Brokers.
• Work and time management should go hand in hand and needs to have eye for detail.

Education:

• Bachelor’s degree in Commerce or Business Administration is preferred.
• 7-9 years Fund Accounting experience
• Good knowledge of Microsoft office products

Working Hours:

• Candidate will be required to work in Night shift as per business requirement

Job Family Group:

Operations - Transaction Services

Job Family:

Fund Accounting

Time Type:

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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