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Finance Manager - Mutal Fund - AMC - Trustee

Keywords / Skills : Mutual Fund, Finance Manager, Trustee

5 - 10 years years
Posted: 2017-11-15

Industry
Banking/ Financial Services
Function
Finance & Accounts
Role
Accounts Head / GM - Accounts
Finance Manager
Chartered Accountant (CPA)
Accounts Manager
Education
CA, MBA
Posted On
15th Nov 2017
Job Ref code
MP
Job Description
Finance - Asset Management Company / Trustee Company 

 Responsible for monthly close and accounting operations for the Companies

 Ensure the timely and accurate preparation of financial statements based on local accounting requirements

 Annual / Half yearly / Quarterly / Monthly Financial Statements reporting and preparation of financial statements

 Periodic reporting of financial statements to group

 Periodical review of general ledger, reconciliation, Invoicing and Billing, Accounts Receivable and cash reconciliation

 Establish strong financial controls for Accounts Payable function

 Working knowledge of Accounting Standards, IND-AS and IFRS

 Discuss audit plan with External auditors well in advance so Audit conducted with in the agreed time lines

 Oversee the resolution of internal and external audit findings and ensure no repeat or significant audit point

 Support the conduct of statutory audits, Internal Audits, Tax Audit and quarterly / annual audits by ensuring maintenance of all records and documentation as per audit requirements

 Strong knowledge of Accounting System and ability to work with new changes , implementation of new things like IND- AS, GST with the Technology team

 Knowledge of FEMA rules and regulations for Foreign payments 

Taxation - Asset Management Company / Trustee Company 
 Sound knowledge of all taxes – Income Tax, Companies Act, GST, PF, PT etc.,

 Ensure timely payment of all statutory dues viz., TDS, GST, PF, PT etc

 Ensure timely filing of direct and indirect tax returns viz., ETDS, GST, Income Tax etc

 Close tax audits as per Income Tax Act

 Transfer Pricing Audits as per Income Tax Act

 Prepare and attend regular tax authority summons, hearings and assessments for Income Tax, GST etc., 

Internal Control Assessments - Asset Management Company / Trustee Company

 Reviewing of internal controls related to various finance operations, identifying improvements and develop strong process/system

 Ensure compliance to all standard operating procedures (SOPs) and standard accounting practices as defined by the Group in all financial transactions are being followed

IDF – Mutual Fund 

 Strong Knowledge of SEBI Mutual Fund Regulations

 Valuation of Debt Securities

 Knowledge of Settlement Cycle in case of Debt securities – knowledge of CBLO Settlement, primary market settlement, secondary market settlement for CP’s, CD’s through FIMMDA platform

 NAV calculation

 To monitor cash flows of fund and ensure maximize utilization is achieved

 Updating IDF fund status on periodical basis, providing adequate information to Investment team

 Ensure timely submission of applicable compliance report of IDF (laid by SEBI, AMFI, and Internal etc)

 To assist Investment team in analysis of Financial statement of Investee Company, conceptual clarity on consolidation, valuation based on CRISIL matrix and other if any

 To develop an interaction with Investors by providing response to any matter being asked by them with regards to schemes of IDF

 Supervise and oversight of external fund accountant, registrar & transfer agent and custodian

 Ensure the timely and accurate preparation of financial statements of the Mutual Fund based on local accounting requirements

 Ensure the timely and accurate preparation of Half Yearly financial statements of the Mutual Fund to be sent to investors

 Support the conduct of statutory audits, Internal Audits, Tax Audit and quarterly / annual audits by ensuring maintenance of all records and documentation as per audit requirements

 Preparation and submission of various tax compliances – TDS, GST, FACTA Compliance, Annual Information Returns to Income Tax Department and GST department

 Preparation and submission of various reports to CBLO, FIMMDA,CBRICKS as applicable

 Assist and coordinate in bi annual IT systems audits as required by SEBI

 Support the conduct of SEBI audits when applicable

 To involve in implementation of AIF funds, preparing of business plan, appointing various external agencies (Fund Accountant, Custodian, R&TA), assisting CFO for execution of distribution arrangement with International distributors

Effective Communication

 Supervise and educate line staff and outsourced accounting staff, as well as staff of business units on applicable policies and procedures to ensure compliance to statutory, tax and corporate requirements. Initiate and propose procedural changes to improve quality of reporting output and efficiency in work processes

 To develop an interaction with Investors by providing response to any matter being asked by them with regards to schemes of IDF

 To work effectively and efficiently with all sub section of company, Administration, Human Resource, and co-operate for any task which is required.


About Company

Personnel Selexions is India's Premier Executive Search & Selection Firm and a part of the 'Lobo Group, which includes Personnel Search Services (India), Lobo Staffing Solutions Pvt. Ltd. & Lobo Management Services (Middle East).

As a Group we operate across India (Mumbai, Delhi, Bangalore, Chennai, Kolkata and Hyderabad) and the Middle East (Dubai).

Our client has the Distinction of being the first Infrastructure Debt Fund in the country to successfully raise funds from investors. It is a joint venture between leading financial institutions of the country.
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