Job Title:  IFO-Infrastructure Others

Position Specifications:

Division                         :   Asset Management            

Function                       :   Product Control

Experience                    :   1-2 years

Education                     :   Accounting               

Shift Timings                 :   04.00pm to 1.00am

Role & Responsibilities of the team in brief:
 

The candidate will be aligned to NCRAM Product control team of the Asset Management Division. The team primarily supports US office in area of Product Control. Primary responsibilities related to this role are as follows:

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• Management Fee review
  • Review and verify the Management fee calculation completed by the Fee tool.
  • Collate supporting documents including NAV statements, Investment Management agreement, and manual calculation of fee before final review and sign off.
  • Prepare Quarterly Management fee Invoices and annual performance fee calculation.
  • Daily reasonableness check to validate the revenue/expense and suspense account.
  • Review of Profit/Loss, Balance sheet reports and accounts payable.

• Other activities
  • Daily/Monthly Accrual – Preparation and maintenance of monthly accrual revenue & expense and recording on the accounting system.
  • Prepaid expenses management – Preparation and maintenance of Prepaid expenses incurred during the month and proper accounting allocation.

• Accounting Domain
  • Basic accounting journal entries and ledger knowledge
  • Input all payments and receipts that are reflected on the bank statement to the accounting system.
  • Daily reconciliation between both books and ensure accounting book matches bank book.
• Affiliate Billing
  • Review and verify the Invoices received from various affiliate engaged with entity.
  • Authenticate the invoice amounts, periods, service used and get appropriate approvals.
  • Post Purchase ledger entries to the accounting systems to record receipt of the Invoice
• Trading P&L
  • Record Proprietary and hedging related trading activity.
• Audit
  • Liaise with various counterparties (internal/eternal) in facilitating audit requests.