226 Fund Accounting Manager jobs in India
Fund Accounting Manager- PQE
Bengaluru, Karnataka
Right Move
Posted 3 days ago
Job Viewed
Job Description
Greetings from Right Move !
Please see below the Job Description for the position “ Fund Accounting Manager- PQE”.
- Position : “Fund Accounting Manager- PQE”
- Location : Bangalore
- CTC : upto 75LPA
Primary responsibilities for this role include (but not limited to):
Fund Accounting and Investor Reporting:
- Lead and support the oversight and delivery of the monthly/quarterly financial, investor and regulatory reporting.
- Oversight and high-level knowledge over number of different strategies / assets classes.
- Support the annual financial statement review and management of the audit process including team’s delivery in line with KPIs.
- Interaction with the Fund Administrators to ensure accuracy and timeliness of financial and investor reporting and insights from wider team taken into consideration.
- Lead/Support designated Fund cash and liquidity management, including bridge facilities, treasury positions and counterparty exposure.
- Review of monthly bank reconciliations.
- Review of invoices in adherence with client’s firm wide and Fund specific policies.
- Support the end-to-end payment process of invoices including recharge costs to the Fund.
- Support in capital activities (capital calls and distributions) with shadow calculations and first review of related information (calculations, notices, ILPA templates) produced by Fund Administrators.
- Assist in monitoring the compliance of the Fund LPA and side letter agreements.
- Support the development of processes and controls in India COE.
- Support the formal documentation of technical matters and judgements about complex accounting matters, including broader fund matters which impact the Fund’s financial records.
- Support the review of performance fee calculations.
- Support in formulating responses in relation to investor queries (external) and internal Investor Relations Team.
- Support in review and understanding the detail behind the investment valuations and other valuation information for suitability for financial reporting.
- Support management of the complexity of the fund structures and governing documents such that the operations reflect the intended tax planning; and
- Back-up and cover will also need to be provided to other functional support areas within Operations or to other team members on an ad-hoc basis.
Group Reporting:
- Final Review /Shadowing of Management Fees and subsequent reporting to client’s Group Finance function.
- Lead the reporting of AUM/FUM information to client’s Group Finance function; and
- Lead workstream in relation to gathering other ad hoc data requests from PLC Group Finance.
Administrator Oversight, Systems and Process Management:
- Lead Fund Administrator assessments and feedback including monitoring administrator delivery against SLAs and KPIs.
- Lead workstream with client’s Operations teams to ensure that the deals are correctly recorded in client’s in-house systems and take responsibility for maintaining the integrity of data; and
- Take a lead in ensuring that adequate process documentation and control for your areas of responsibility.
Projects:
- Lead ad-hoc projects for continuous improvement to the Fund Accounting operating model and for the overall betterment of the function.
People management:
- Responsible for overseeing a team of up to 6 Fund Accountants to provide direction, guidance, and review.
- Responsible for the training and development of team; including timely performance and 1:1 reviews and training requirements.
COE Specific Responsibilities:
- Lead efficiency initiatives and act as the main point of contact for developing transformation ideas from India.
- Ensure all operational metrics, management reporting requirements and requests if any are completed on time for entire team along with owning documentation by ensuring timely update.
- Keep Fund Accounting Lead COE lead abreast of all material issues impacting client deliverables, SLAs and KPIs and ensure timely escalation for any issues / delays / challenges.
- Developing operational risk best practises and risk mitigation strategies for the overall betterment of fund accounting.
- Ensure all mandatory trainings, policy and procedures are followed by the team with no breaches; and
- Providing active support to Fund Accounting Lead COE, on any internal deliverables and ensuring it is always prioritized.
Key Requirements/ Qualifications
You will have demonstrable experience of:
- CA, ACCA, CPA, CMA, or master’s degree in finance / accounting / business with at least 10+ PQE in either Fund Administration, Private Equity & Venture Capital and/ or accounting experience gained in an Asset Manager or Fund Administrator.
- Proven experience in Private Equity /Alternative Asset Industry of 7+ years.
- Strong knowledge of private fund structures (Debt and/or equity) and reporting requirements.
- Advanced Excel skills; including financial modelling and PowerPoint.
- Ability to meet deadlines; solve problems with strong analytical skills with detail orientation.
- Proven experience of managing a team.
Desirable:
- Strong technical knowledge of IFRS, US GAAP and/or Lux GAAP.
- Understanding of financial instruments across the capital structure.
- Thorough understanding of carry structures and waterfalls desirable.
- Experience of complex private equity fund fee calculations and reporting matters.
Personal Attributes
Personal attributes that will make you successful in this role include but not limited to:
Essential:
- Highly driven and motivated.
- Formidable team player with the ability to lead - Collaboration with the local and global team.
- Contribute to a positive work environment.
- Excellent time management and organisational skills to meet tight deadlines and manage multiple tasks.
- Confident and strong communicator, with advanced interpersonal skills.
Desirable:
- Technical mindset with a positive, flexible and ‘can do’ attitude and ability to deliver under pressure.
- Commercial mindset when approaching tasks.
This advertiser has chosen not to accept applicants from your region.
0
Fund Accounting Senior Manager
Citigroup
Posted 2 days ago
Job Viewed
Job Description
The Fund Accounting Senior Manager is a senior management level position responsible for accomplishing results through the management of a team or department, driving a variety of fund valuation activities in coordination with the Operations - Transaction Services team. The overall objective of this role is to ensure the seamless delivery of activities associated with Net Asset Valuations (NAVs).
**Responsibilities:**
+ Manage a team of professionals to accomplish established goals and conduct personnel duties for team (e.g. performance evaluations, hiring and disciplinary actions)
+ Identify opportunities to implement process improvements and recommend system, service, and process enhancements including leading and evaluating system testing
+ Coordinate staff assignments to achieve optimal effectiveness through assessment of business requirements and staff skill sets and development needs
+ Build and maintain relationships with internal and external clients, and serve as point of escalation of complex customer issues
+ Perform discovery and due diligence with clients and visits regarding service quality measurement
+ Manage the Risk and Control agenda including audits, interfacing with internal and external auditors, and identifying process gaps
+ Work closely with senior management on identifying opportunities for cost saves, full-time equivalent (FTE) reduction, and optimization
+ Work closely with Sales and CEs on client management and service improvement initiatives
+ Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
**Qualifications:**
+ 6-10 years of relevant experience
+ Chartered Accountant/CFA/MBA
+ Experience in fund accounting
+ Experience in accounting within financial services, strategic management, resource/expense management, and managing client relationships
+ Experience in managing operational delivery
+ Extensive knowledge of funds services and process
+ Demonstrated leadership and management skills
+ Ability to work in a team-oriented environment
+ Consistently demonstrates clear and concise written and verbal communication
+ Demonstrated Subject Matter Expert (SME) knowledge in related area
**Education:**
+ Bachelor's degree/University degree or equivalent experience
+ Master's degree preferred
---
**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.
---
_Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law._
_If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review_ _Accessibility at Citi ( _._
_View Citi's_ _EEO Policy Statement ( _and the_ _Know Your Rights ( _poster._
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
**Responsibilities:**
+ Manage a team of professionals to accomplish established goals and conduct personnel duties for team (e.g. performance evaluations, hiring and disciplinary actions)
+ Identify opportunities to implement process improvements and recommend system, service, and process enhancements including leading and evaluating system testing
+ Coordinate staff assignments to achieve optimal effectiveness through assessment of business requirements and staff skill sets and development needs
+ Build and maintain relationships with internal and external clients, and serve as point of escalation of complex customer issues
+ Perform discovery and due diligence with clients and visits regarding service quality measurement
+ Manage the Risk and Control agenda including audits, interfacing with internal and external auditors, and identifying process gaps
+ Work closely with senior management on identifying opportunities for cost saves, full-time equivalent (FTE) reduction, and optimization
+ Work closely with Sales and CEs on client management and service improvement initiatives
+ Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
**Qualifications:**
+ 6-10 years of relevant experience
+ Chartered Accountant/CFA/MBA
+ Experience in fund accounting
+ Experience in accounting within financial services, strategic management, resource/expense management, and managing client relationships
+ Experience in managing operational delivery
+ Extensive knowledge of funds services and process
+ Demonstrated leadership and management skills
+ Ability to work in a team-oriented environment
+ Consistently demonstrates clear and concise written and verbal communication
+ Demonstrated Subject Matter Expert (SME) knowledge in related area
**Education:**
+ Bachelor's degree/University degree or equivalent experience
+ Master's degree preferred
---
**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.
---
_Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law._
_If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review_ _Accessibility at Citi ( _._
_View Citi's_ _EEO Policy Statement ( _and the_ _Know Your Rights ( _poster._
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
This advertiser has chosen not to accept applicants from your region.
1
Investment Accounting, Associate
Mumbai, Maharashtra
BlackRock
Posted 2 days ago
Job Viewed
Job Description
**About this role**
Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing an Associate to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion while supporting the freedom to grow authoritatively and as an individual.
We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to equip our employees and actively engage your involvement in our success. Our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.
Our Investment Accounting Group provides accounting and regulatory data services to insurance clients. Our accounting services include the reconciliation, tracking, accounting for assets, along with preparation and oversight of monthly packages and regulatory schedules.
**The Role:**
Responsible for handling all aspects of accounting and reporting services and meeting the needs and evolving priorities of our clients. You will focus on delivering BlackRock to clients by supporting the monthly accounting close, leading client/department initiatives, improving the process and controls using capabilities of other parts of the BlackRock organization as the need arises. You will have the opportunity for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across BlackRock. Our suite of services provided to our clients offers opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.
**Key responsibilities include:**
+ Developing a detailed knowledge of BlackRock's capabilities, products and services for insurance companies
+ Responding to daily inquiries from clients requesting of information
+ Completing all daily reviews of exception management tool for accounting
+ Responsible to deliver accurate investment reporting for clients through preparation, review and ensure distribution of various accounting packages and reporting schedules
+ Completing all quarterly/annual NAIC reconciliations and reporting in compliance with US Statutory guidelines
+ Providing complete and accurate review of data to clients' book of business
+ Analyzing accounting data and providing commentary regarding results, call out to senior team members when required
+ Assist in client or department projects and initiatives to improve the service offering
+ Use learning tools and trainings to deepen understanding of accounting policy and pronouncements to ensure reporting follows the standards
+ Learn and promote the use of technology to better serve our clients
**Experience Required:**
+ Understanding of investment accounting product mechanics including debt instruments, equities and derivatives
+ Minimum **7** years of confirmed experience in investments/markets with degree in relevant field
+ Ability to prioritize multiple request and time management
+ Inclined to learn new processes and adapt to changing environment
+ CA / CPA or similar qualification with a technical understanding of General Ledgers
+ Experience in analyzing upstream and downstream data for Investment Products
+ An understanding of SQL and working knowledge of databases is desirable
+ Experience in transformation of manual processes using digital tools like Microsoft Power BI, Alteryx, and RPA tools will be an added advantage.
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing an Associate to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion while supporting the freedom to grow authoritatively and as an individual.
We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to equip our employees and actively engage your involvement in our success. Our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.
Our Investment Accounting Group provides accounting and regulatory data services to insurance clients. Our accounting services include the reconciliation, tracking, accounting for assets, along with preparation and oversight of monthly packages and regulatory schedules.
**The Role:**
Responsible for handling all aspects of accounting and reporting services and meeting the needs and evolving priorities of our clients. You will focus on delivering BlackRock to clients by supporting the monthly accounting close, leading client/department initiatives, improving the process and controls using capabilities of other parts of the BlackRock organization as the need arises. You will have the opportunity for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across BlackRock. Our suite of services provided to our clients offers opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.
**Key responsibilities include:**
+ Developing a detailed knowledge of BlackRock's capabilities, products and services for insurance companies
+ Responding to daily inquiries from clients requesting of information
+ Completing all daily reviews of exception management tool for accounting
+ Responsible to deliver accurate investment reporting for clients through preparation, review and ensure distribution of various accounting packages and reporting schedules
+ Completing all quarterly/annual NAIC reconciliations and reporting in compliance with US Statutory guidelines
+ Providing complete and accurate review of data to clients' book of business
+ Analyzing accounting data and providing commentary regarding results, call out to senior team members when required
+ Assist in client or department projects and initiatives to improve the service offering
+ Use learning tools and trainings to deepen understanding of accounting policy and pronouncements to ensure reporting follows the standards
+ Learn and promote the use of technology to better serve our clients
**Experience Required:**
+ Understanding of investment accounting product mechanics including debt instruments, equities and derivatives
+ Minimum **7** years of confirmed experience in investments/markets with degree in relevant field
+ Ability to prioritize multiple request and time management
+ Inclined to learn new processes and adapt to changing environment
+ CA / CPA or similar qualification with a technical understanding of General Ledgers
+ Experience in analyzing upstream and downstream data for Investment Products
+ An understanding of SQL and working knowledge of databases is desirable
+ Experience in transformation of manual processes using digital tools like Microsoft Power BI, Alteryx, and RPA tools will be an added advantage.
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
This advertiser has chosen not to accept applicants from your region.
2
Investment Accounting Migrations Specialist, Associate
Mumbai, Maharashtra
BlackRock
Posted 2 days ago
Job Viewed
Job Description
**About this role**
Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing an Associate to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion. All the while supporting the freedom to grow authoritatively and as an individual.
We know you want to feel valued every single day and be recognized for contributions! At BlackRock, we strive to equip our employees and actively engage their involvement in our success. Our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.
Our Investment Accounting Group provides accounting and regulatory data services to insurance clients. Our accounting services include the reconciliation, accounting for assets, along with preparation and oversight of monthly reporting packages and regulatory schedules.
**The Role:**
Responsible for supporting our investment accounting platform migrations team, meeting the needs and evolving priorities of our clients. Focus on supporting our strategic initiative to deliver our new and proprietary accounting software to existing BlackRock clients. Specifically, the Associate will support asset onboarding, variance analysis, stabilization of the monthly close process, and the transition to the client's production support team. A key function will be improving processes controls, and user experience, often while collaborating with other areas of the BlackRock organization. This role supports many opportunities for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across BlackRock. Our suite of services provided to our clients offers opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.
**Key responsibilities include:**
+ Develop a detailed knowledge of BlackRock's capabilities, products and services supporting our clients. Keep abreast of and optimally communicate the implications of the evolving regulatory landscape and new accounting pronouncements to ensure compliance by our insurance company, across multiple bases of accounting i.e. IFRS, US Statutory, US GAAP, etc.
+ Implement and operate on newly developed BlackRock proprietary accounting software. Provide feedback and improvement ideas to enhance system functionality. Leverage your analytical abilities to identify and assess system challenges and inefficiencies utilizing a strong aptitude for the understanding of how accounting data is supported through the new platform. This includes an understanding of data flow from the underlying transaction through the journal entries/trial balance and ultimately, financial reporting.
+ Partner with other BlackRock teams, including product and engineering. Provide client-transition updates to internal groups highlighting any migration challenges. Support accounting on cross-functional projects and working groups in support of delivering key business and client objectives.
+ Contribute to the continual development of the investment reporting production and control processes to optimize efficiency, mitigate risk and incorporate business and product changes, ensuring procedures are maintained in line with all current practices.
**Experience Required:**
+ Minimum 5 years of proven experience in investments/markets with a focus on investment accounting
+ Comprehensive understanding of key accounting reports (Balance Sheet, Income Statement, and Trial Balance)
+ Proven track record of demonstrating analytical and problem-solving skills
+ Experience implementing accounting systems preferred
+ Knowledgeable in regulatory and accounting standards
+ Experience with the following financial instruments; securities, loans, derivatives, alternatives, and mortgages
+ Familiarity with product-specific financial reporting and disclosures
+ Continuous operational improvement and control enhancement mentality
+ Fluency (written and oral) in English required
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing an Associate to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion. All the while supporting the freedom to grow authoritatively and as an individual.
We know you want to feel valued every single day and be recognized for contributions! At BlackRock, we strive to equip our employees and actively engage their involvement in our success. Our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.
Our Investment Accounting Group provides accounting and regulatory data services to insurance clients. Our accounting services include the reconciliation, accounting for assets, along with preparation and oversight of monthly reporting packages and regulatory schedules.
**The Role:**
Responsible for supporting our investment accounting platform migrations team, meeting the needs and evolving priorities of our clients. Focus on supporting our strategic initiative to deliver our new and proprietary accounting software to existing BlackRock clients. Specifically, the Associate will support asset onboarding, variance analysis, stabilization of the monthly close process, and the transition to the client's production support team. A key function will be improving processes controls, and user experience, often while collaborating with other areas of the BlackRock organization. This role supports many opportunities for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across BlackRock. Our suite of services provided to our clients offers opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.
**Key responsibilities include:**
+ Develop a detailed knowledge of BlackRock's capabilities, products and services supporting our clients. Keep abreast of and optimally communicate the implications of the evolving regulatory landscape and new accounting pronouncements to ensure compliance by our insurance company, across multiple bases of accounting i.e. IFRS, US Statutory, US GAAP, etc.
+ Implement and operate on newly developed BlackRock proprietary accounting software. Provide feedback and improvement ideas to enhance system functionality. Leverage your analytical abilities to identify and assess system challenges and inefficiencies utilizing a strong aptitude for the understanding of how accounting data is supported through the new platform. This includes an understanding of data flow from the underlying transaction through the journal entries/trial balance and ultimately, financial reporting.
+ Partner with other BlackRock teams, including product and engineering. Provide client-transition updates to internal groups highlighting any migration challenges. Support accounting on cross-functional projects and working groups in support of delivering key business and client objectives.
+ Contribute to the continual development of the investment reporting production and control processes to optimize efficiency, mitigate risk and incorporate business and product changes, ensuring procedures are maintained in line with all current practices.
**Experience Required:**
+ Minimum 5 years of proven experience in investments/markets with a focus on investment accounting
+ Comprehensive understanding of key accounting reports (Balance Sheet, Income Statement, and Trial Balance)
+ Proven track record of demonstrating analytical and problem-solving skills
+ Experience implementing accounting systems preferred
+ Knowledgeable in regulatory and accounting standards
+ Experience with the following financial instruments; securities, loans, derivatives, alternatives, and mortgages
+ Familiarity with product-specific financial reporting and disclosures
+ Continuous operational improvement and control enhancement mentality
+ Fluency (written and oral) in English required
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
This advertiser has chosen not to accept applicants from your region.
3
Investment Accounting, Tech & ops, Associate
Mumbai, Maharashtra
BlackRock
Posted 2 days ago
Job Viewed
Job Description
**About this role**
Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing an Associate to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion while supporting the freedom to grow authoritatively and as an individual.
We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to equip our employees and actively engage your involvement in our success. Our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.
Our Investment Accounting Group provides accounting and regulatory data services to insurance clients. Our accounting services include the reconciliation, tracking, accounting for assets, along with preparation and oversight of monthly packages and regulatory schedules.
**The Role:**
Responsible for handling all aspects of accounting and reporting services and meeting the needs and evolving priorities of our clients. You will focus on delivering BlackRock to clients by supporting the monthly accounting close, leading client/department initiatives, improving the process and controls using capabilities of other parts of the BlackRock organization as the need arises. You will have the opportunity for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across BlackRock. Our suite of services provided to our clients offers opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.
**Key responsibilities include:**
+ Developing a detailed knowledge of BlackRock's capabilities, products and services for insurance companies
+ Responding to daily inquiries from clients requesting of information
+ Completing all daily reviews of exception management tool for accounting
+ Responsible to deliver accurate investment reporting for clients through preparation, review and ensure distribution of various accounting packages and reporting schedules
+ Completing all quarterly/annual NAIC reconciliations and reporting in compliance with US Statutory guidelines
+ Providing complete and accurate review of data to clients' book of business
+ Analyzing accounting data and providing commentary regarding results, call out to senior team members when required
+ Assist in client or department projects and initiatives to improve the service offering
+ Use learning tools and trainings to deepen understanding of accounting policy and pronouncements to ensure reporting follows the standards
+ Learn and promote the use of technology to better serve our clients
**Experience Required:**
+ Understanding of investment accounting product mechanics including debt instruments, equities and derivatives
+ Minimum **7** years of confirmed experience in investments/markets with degree in relevant field
+ Ability to prioritize multiple request and time management
+ Inclined to learn new processes and adapt to changing environment
+ CA / CPA or similar qualification with a technical understanding of General Ledgers
+ Experience in analyzing upstream and downstream data for Investment Products
+ An understanding of SQL and working knowledge of databases is desirable
+ Experience in transformation of manual processes using digital tools like Microsoft Power BI, Alteryx, and RPA tools will be an added advantage.
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing an Associate to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion while supporting the freedom to grow authoritatively and as an individual.
We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to equip our employees and actively engage your involvement in our success. Our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.
Our Investment Accounting Group provides accounting and regulatory data services to insurance clients. Our accounting services include the reconciliation, tracking, accounting for assets, along with preparation and oversight of monthly packages and regulatory schedules.
**The Role:**
Responsible for handling all aspects of accounting and reporting services and meeting the needs and evolving priorities of our clients. You will focus on delivering BlackRock to clients by supporting the monthly accounting close, leading client/department initiatives, improving the process and controls using capabilities of other parts of the BlackRock organization as the need arises. You will have the opportunity for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across BlackRock. Our suite of services provided to our clients offers opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.
**Key responsibilities include:**
+ Developing a detailed knowledge of BlackRock's capabilities, products and services for insurance companies
+ Responding to daily inquiries from clients requesting of information
+ Completing all daily reviews of exception management tool for accounting
+ Responsible to deliver accurate investment reporting for clients through preparation, review and ensure distribution of various accounting packages and reporting schedules
+ Completing all quarterly/annual NAIC reconciliations and reporting in compliance with US Statutory guidelines
+ Providing complete and accurate review of data to clients' book of business
+ Analyzing accounting data and providing commentary regarding results, call out to senior team members when required
+ Assist in client or department projects and initiatives to improve the service offering
+ Use learning tools and trainings to deepen understanding of accounting policy and pronouncements to ensure reporting follows the standards
+ Learn and promote the use of technology to better serve our clients
**Experience Required:**
+ Understanding of investment accounting product mechanics including debt instruments, equities and derivatives
+ Minimum **7** years of confirmed experience in investments/markets with degree in relevant field
+ Ability to prioritize multiple request and time management
+ Inclined to learn new processes and adapt to changing environment
+ CA / CPA or similar qualification with a technical understanding of General Ledgers
+ Experience in analyzing upstream and downstream data for Investment Products
+ An understanding of SQL and working knowledge of databases is desirable
+ Experience in transformation of manual processes using digital tools like Microsoft Power BI, Alteryx, and RPA tools will be an added advantage.
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
This advertiser has chosen not to accept applicants from your region.
4
Manager Fund Accounting (MNC Securities Services)
Riverforest Connections Private Limited
Posted 615 days ago
Job Viewed
Job Description
Responsibilities
Direct Responsibilities
- Managing delivery of accurate and timely NAVs for hedge funds, Fund of Funds and Feeder funds – with extremely high volume or / and very high complexity (having equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:
- Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks
- Income reconciliation (dividends and interest)
- Manual Pricing and Pricing review
- P&L review and Tolerance checks
- Fees accrual, management and performance fee calculation and booking
- Capital bookings and reconciliation with Investor services system reports
- TB tie out and compiling NAV pack
- Managing the team and proper reporting to the Senior Management.
- Liaising with Spoke locations for Migrations, Deliverables etc.
- Participation in system development projects, process change projects, etc.
- Preparation of Management Packs.
Contributing Responsibilities
- Delivery on audit requests and resolution of all queries on a timely basis
- Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings
- Compliance with all internal organizational and business policies
This advertiser has chosen not to accept applicants from your region.
5
Financial Accounting
Goregaon, Maharashtra
Kotak Life
Posted 6 days ago
Job Viewed
Job Description
Hello,
Greeting from Kotak Life Insurance!
Location - Groregaon (E)
Job Role - Financial Accounting
Contact Person - Sangita Mandal )
Interested candidate can mail there resume at "
Key Responsibilities:
- Work with cross functional teams to prepare the Ind AS transition roadmap
- Define scope, milestones, deliverables and timelines for the implementation
- Track progress and coordinate with external consultants, auditors and IRDAI where necessary
- Identify and document required accounting policy, system changes, position papers and technical memos and data requirements
- Prepare and review Ind AS compliant financial statements and disclosures
- Support parallel run and dry run of Ind AS reporting
- Work on first time adoption adjustments including reconciliations of equity and profit & loss
- Coordinate with IT to modify core insurance systems, finance ERP and reporting tools for Ind AS compliant data capture and reporting
- Coordinate with IT to implement new calculation and reporting systems for Ind AS 117, I09 and 116
- Conduct UAT for new systems and changes made in existing system
- Develop and implement new controls and processes to ensure ongoing compliance
- Conduct workshops and training for finance, actuarial and business teams
- Ensure governance and approval for all Ind AS related changes
Qualification & Experience:
- Chartered Accountant (CA) or equivalent
- 4 years + experience in financial reporting or audit in insurance sector
- Prior experience in IND AS or IFRS reporting is added advantage
- Exposure to life insurance business processes is added advantage
This advertiser has chosen not to accept applicants from your region.
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6
Financial Accounting
Chennai, Tamil Nadu
Treeline Business Solutions Pvt. Ltd.
Posted 31 days ago
Job Viewed
Job Description
Company Overview
Treeline Business Solutions Pvt. Ltd. is a boutique provider of customized services in Business Process Outsourcing, Knowledge Process Outsourcing, Recruitment Process Outsourcing, IT Outsourcing, and Consulting Practices. Based in India and Saudi Arabia, Treeline serves a diverse client base across India, the US, GCC, and Africa. Known for high-quality work, quick turnaround, and strict confidentiality, Treeline is committed to delivering sustainable value to clients while growing as a trusted service provider in the KPO/BPO industry.
Job Overview
This is a full-time Financial Accounting position based in Chennai and Tiruchirappalli, aimed at candidates with 0 to 1 year of experience. As a fresher-level role, the position will offer fundamental training and exposure to essential financial accounting software and processes. The successful candidate will assist in financial reporting, accounts payable, accounts receivable, and other financial analysis tasks.
Qualifications and Skills
- Proficiency in handling accounts payable and receivable while ensuring accuracy in financial transactions.
- Basic understanding of reconciliation processes to ensure financial integrity and accuracy in reporting.
- Familiarity with financial reporting standards and the ability to assist in generating financial statements.
- Competency in managing general ledger tasks, contributing to the accuracy of financial records.
- Ability to perform financial analysis to support the decision-making processes within the organization.
- Excellent attention to detail and analytical skills for identifying discrepancies in financial data.
- Good communication skills to liaise with different departments and clients effectively.
- Willingness to learn and adapt to new software and methodologies in financial accounting.
Roles and Responsibilities
- Assist in the preparation and analysis of financial statements in compliance with company policies.
- Handle accounts payable and receivable functions, ensuring timely processing and payment.
- Support in reconciling discrepancies between financial accounts and ledgers.
- Contribute to financial analysis and reporting, offering insights for business strategies.
- Maintain accurate records and documentation for financial transactions and audits.
- Assist in continuous improvement efforts to enhance financial processes and systems.
- Collaborate with cross-functional teams to ensure seamless financial operations.
- Participate in training initiatives to enhance skills in financial analysis and reporting.
This advertiser has chosen not to accept applicants from your region.
7