LeadAnalyst,Fund/ClientAccting

Job Description

The Team Leader (Core Fund Accounting) reports to the Lead Manager (Core Fund Accounting) and is responsible for managing a group of accounting professionals who will in turn perform the fund accounting function of calculating NAVs / NAV related processes for Hedge Funds, Mutual Fund, Separate Accounts, Commingled Trust and/or Limited Partnership entities. He/she manages through supervisory staffs that are collectively responsible for ensuring that different funds are processed on time and all the activities related to fund are performed. He/she is supposed to review all the processed funds and check those for accuracy. He/she has to ensure that the departmental policies, procedures and best practices are followed, while also ensuring client deliverables are met. He/she is required to maintain proper MIS for the Senior Management. He/she is also required to coordinate with the Business Partners to meet their expectations. He/she is expected to manage staff reporting to them & taking care of leaves, training, performance appraisal, continuous improvement, resource allocation & the resolution and escalation of any daily issues. He/She is also responsible for ensuring adequate staff coverage, reviewing daily/monthly operational/control reporting, addressing ad hoc requests from clients, handling accounting issues as they arise, actively interact with On Shore Client teams and utilities, identifying and escalating issues to management, providing guidance to staff and conducting performance management reviews. Manage a staff of 10+ responsible for the processing and support of complete, accurate, and timely valuation and financial statements for daily and monthly valued clients He/she must effectively work with all groups throughout Asset Servicing in order to provide joint solutions to complex client issues He/she will control/mitigate risk related to unique client requirements He/she will ensure that each customers accounting information is in adherence with all BNYMellon internal policies as well as Investment Company Act of 1940 and other U.S. applicable regulatory requirements He/she must effectively use his/her knowledge and understanding of our business in order to appropriately manage the risk inherent in Fund Accounting relationships and our overall business He/she will be fully responsible for the Fund Accounting process for her/his staff and will guide staff through change Produce NAV calculations for clients assigned to the team - Ensure NAVs are completed on time and accurately Ensure that the Pre-NAV activities such as cash postings, investment postings subscription and redemption postings, balancing of inter-company balances and other general ledger postings are done prior to month-end and be reconciled in preparation for the striking of the NAV Ensure that month-end NAV books are fully completed, reviewed and checklists are signed off so that the team passes all internal and external audit reviews, Review all fund structures to ensure that the appropriate structure is being applied and that fees are being calculated correctly Process outgoing cash wires - Ensure wire transfers are processed within the deadline set and that all payments are approved as required Assist with internal and external audit requests. Assist in the preparation of year-end audit review package Review and sign off on portfolios and statements Participate on departmental projects as needed - Involvement in planning, preparation, testing and implementation Manage KPIs by identifying issues effectively with strong accounting and financial securities knowledge. Take initiative to seek opportunities to enhance either the quality of client services or the productivity in the various areas of the NAV process. Ensure all queries from auditors or fund accounting staff are accurately and fully responded to with minimum delay. Ensure team leads maintain daily/monthly files in a manner suitable for future review by the fund and internal auditors. Take initiative to seek opportunities to enhance either the quality of client services or the productivity the NAV process. Manage the preparation of all the weekly/monthly reporting including the management information system (MIS), compliance, client and fund Manager monthly information and reporting. Qualifications8+ years of relevant exp in Fund Accounting with min 2 years as People managerBNY Mellon is an Equal Employment Opportunity Employer.Our ambition is to build the best global team one that is representative and inclusive of the diverse talent, clients and communities we work with and serve and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.Primary Location: India-Maharashtra-PuneJob: Asset ServicingInternal Jobcode: 70508Organization: Accounting Services-HR16344Requisition Number: 2104415,

Keyskills :
client servicesaccounting issuesexternal auditmanagement information systemgeneral ledgerasset servicinghedge fundsmutual fundsseparate accountswire transfersfund accounting