Fund Accounting Associate

Location: Mumbai, Maharashtra, India

Category: Finance

Salary: 500,000 - 600,000 INR / yearly

Full-time

Join our team at HDFC Bank as a Fund Accounting Associate to handle fund accounting operations and ensure accurate financial reporting.

NAV Calculation: Assist in the daily/periodic computation of Net Asset Value (NAV) for various funds.
Reconciliations: Perform cash, position, and trade reconciliations with custodians, fund managers, and internal records.
Financial Reporting: Prepare and review financial statements, investor reports, and fund performance summaries.
Regulatory Compliance: Ensure adherence to accounting standards, SEBI regulations, and other applicable laws.
Excel & Accounting Tools: Utilize Excel and fund accounting software for data analysis, reporting, and automation of processes.
Audit & Controls: Coordinate with auditors for fund audits and maintain proper documentation for compliance.
Process Improvement: Identify inefficiencies in fund accounting procedures and suggest automation or process enhancements.

Bachelor’s or Master’s degree in Accounting, Finance, or related fields.
Candidates pursuing professional qualifications such as CA, CPA, or CFA are encouraged to apply
Prior experience in fund accounting or financial services preferred.
Strong understanding of NAV calculations, reconciliations, and investment accounting principles.
Advanced Excel skills (VLOOKUP, Pivot Tables, Macros preferred).
Attention to detail and ability to meet strict reporting deadlines.
Good communication skills to coordinate with internal and external stakeholders.