Analyst – Fund Accounting
Location
Chennai, India
Work type
Onsite
Employment
Full Time
Experience
0-2 years
Compensation
Compensation not disclosed
Posted
3h ago
Summary and responsibilities
Role overview
Summary
The Analyst – Fund Accounting is responsible for the daily operations related to Net Asset Value (NAV) delivery for mutual funds, including preparation of tasks, reconciliations, and ensuring timely and accurate NAV calculations as per SLA. This role involves becoming a Subject Matter Expert in NAV calculation processing, validating reconciliation breaks, and actively participating in process improvements and documentation.
Position Purpose: Fund Accounting operation / production
Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)
Direct Responsibilities
Analyst will be responsible for preparation of task involved in NAV delivery and reconciliations
Acquire complete understanding of NAV Calculation & its related functions with various parties involved. For example: Custody, TA, Pricing, Corporate Actions, etc.
Become a SME (Subject Matter Expert) of the process by acquiring complete knowledge of NAV Calculation Processing across all funds & instrument types.
Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs include accurate report generation, timely delivery of reports, document and evidence controls.
Adhere to Quality & Timeliness as per SLA. Ensure No Material or financial Impact.
Be proactive in resolving queries and escalate immediately to the supervisor on any issues/queries/escalations.
Participate in preparation / updation of Key/Standard Operating Procedures for each process and fund/ client specification
Carrying out other ad-hoc duties may arise from time to time, mainly at month ends & year ends.
Contributing Responsibilities
Monitor the respective group mailbox and respond quickly to the queries.
Ensure ISAE 3402 checks are understood and followed. 100% compliance is must for all NAV packs.
Act as a back-up in the absence of other team members. Manage the leaves appropriately.
Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend, rollover days and migration of new funds or BI events
Should come up with minimum one process improvement/automation initiative per year
To share the process/product knowledge with fellow team members.
Ensure Participation in CSR & Other engagement initiatives
Technical & Behavioral Competencies
Ability to communicate with others in a clear, articulate fashion.
Good written and oral communication skills.
Good listening and questioning ability.
Be able to express ideas effectively in individual and group situations
Ability to plan work ahead and to prioritize workload.
Ability to work in an organized manner.
Must have attention to detail.
Generate creative solutions to problems.
Always look for ways to improve services and processes.
Be able to adapt to markets and client’s evolution.
Be able to work in shifts as per business requirements
Knowledge of systems – Multifonds, Hi-Portfolio, Bloomberg etc. and basic Microsoft Office functions is an advantage
Exposure to implementation of artificial intelligence tools to support high productivity
The candidate should uphold high level of compliance on conduct topics
Specific Qualifications:
Accounting/Commerce
Skills Referential (Required knowledge, skills and abilities)
Technical Skills:
Ability to understand, explain and support change
Ability to develop and adapt a process
Ability to develop and leverage networks
Analytical Ability
Know how to fund Accounting and NAV cycle
Behavioral Skills:
Attention to detail / rigor
Ability to collaborate / Teamwork
Communication Skills- Oral & Written
Education Level: Bachelor Degree or equivalent
Experience Level: Beginner
Updated 3h ago
Candidate fit
Skills and qualifications
Additional skills
Experience
0-2 years
How this role is positioned
Role classification
Job domains
Industries
Employment
Full Time
Contract duration
Permanent
Hiring type
Direct
Global hiring
Location specific
Offer details
Compensation and benefits
Compensation
Compensation not disclosed
Location, schedule, and role shape
Work setup
Work conditions
Bandwidth profile
Context on the employer
Company snapshot
Company
BNP Paribas India Solutions
Team size
Growing team
Location
Chennai, India
BNP Paribas is the European Union’s leading bank and a key player in international banking, operating in 65 countries. It provides solutions spanning financing, investment, savings, and protection insurance across Commercial, Personal Banking & Services, Investment & Protection Services, and Corporate & Institutional Banking. BNP Paribas India Solutions, a wholly owned subsidiary established in 2005, serves as a 24x7 global delivery center from Bengaluru, Chennai, and Mumbai, supporting the Group's Corporate and Institutional Banking, Investment Solutions, and Retail Banking business lines.
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Analyst – Fund Accounting
Chennai, India • Full Time