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C04- Fund Accounting

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Citi

8d ago

  • Job
    Full-time
    Junior & Mid Level
  • Accounting & Tax
    Banking & Finance
  • Pune

AI generated summary

  • You should have 1-3 years in fund accounting, financial institutions experience, ACCA/ACA/CIMA pursuit, strong MS Office skills, and be able to work night shifts.
  • You will deliver timely valuations, investigate exceptions, review reconciliations, ensure accurate NAV reporting, assist client queries, and enhance team processes while managing compliance risks.

Requirements

  • 1-3 years of relevant experience
  • Experience with fund accounting
  • Experience within financial institutions preferred
  • Knowledge of financial market operations
  • Basic knowledge of organization and policies
  • Third level qualification studying for ACCA, ACA or CIMA at an advanced level preferred
  • Proficient computer skills with a focus on Microsoft Office applications
  • Consistently demonstrates clear and concise written and verbal communication
  • BCom or any graduate with MBA Fina
  • Working in night shift is mandatory.

Responsibilities

  • Complete activities relating to the accurate and timely delivery of valuations for defined clients
  • Assist in planning and organizing for the investigation and resolution of exceptions to expected results on valuations, and the delivery of unit prices/NAVs in accordance with established deadlines
  • Analyze cause and suggest enhancements for recurring exceptions through review of reconciliations and analysis of NAVs
  • Review stock and cash reconciliations to ensure that the exceptions noted have no NAV impact and items cleared are treated correctly
  • Ensure the corporate actions are correctly reflected on the NAV and that security prices applied to funds are correctly stated
  • Demonstrate initiative and lead ongoing development of team processes, procedures, and positive working environment
  • Assist in the prompt investigation and resolution of client queries, and ensure client Service Level Agreement (SLA) and deadlines are met
  • 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.

FAQs

What is the job title for this position?

The job title is Fund Accounting Specialist (C04).

What are the main responsibilities of the Fund Accounting Specialist?

The main responsibilities include assisting in fund valuation activities, calculating daily and periodic Net Asset Values (NAVs), reviewing stock and cash reconciliations, investigating exceptions to valuations, and ensuring client queries are resolved promptly.

What qualifications are required for this role?

The qualifications required include 1-3 years of relevant experience, experience with fund accounting, a BCom or MBA in Finance, and preferably pursuing ACCA, ACA, or CIMA at an advanced level.

Is prior experience in financial institutions preferred?

Yes, experience within financial institutions is preferred.

What is the required education for this position?

The required education includes a Bachelor of Commerce (BCom) or any graduate with an MBA in Finance.

Are there any specific computer skills required for this role?

Yes, proficiency in Microsoft Office applications is required.

Is there a mandatory shift requirement for this position?

Yes, working the night shift is mandatory.

What kind of work environment is expected in this role?

The role expects demonstration of initiative and the development of team processes, procedures, and a positive working environment.

How does Citi ensure equal opportunity in employment?

Citi is an equal opportunity and affirmative action employer, providing consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

What should applicants do if they require reasonable accommodation during the application process?

Applicants who need reasonable accommodation to use the search tools and/or apply for a career opportunity should review the "Accessibility at Citi" page for assistance.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

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