Assistant Manager - Investments Back Office

Axis Max Life Insurance Limited · Gurugram, India

Responsibilities:

Accounting of Investment Entries/Fund Accounting

· Manage Integration of SAP system and Sun system codes/ oracle

· Ensure that accurate accounting entries are correctly passed in oracle

NAV Computation in Excel and SAP

· Accounting of deals for the day in SAP system

· Verification of daily Interest Accruals and daily amortization

· Tracking of Corporate actions

· Updation of Mutual Fund, Equity, G-Sec, Bond prices in SAP system

· Calculation of Fund Management Charges and Payout of the same

· Trade Settlement – Equity and Debt

· Valuation of Bonds through Crisil Bond Valuer

· Calculation and declaration of accurate NAV post confirmation from concurrent auditors

· Calculation of Net Asset Value in Excel and checking the same with SAP

Controls and reconciliations

· Custodian and Holding reconciliation on a daily basis

· Ensure Clean Bank reconciliation statements

· STP reconciliation and approval

Managing Audits – Conducting Concurrent Auditors and Statutory Auditors by providing timely data and ensuring successful completion of the same. System Audits

Internal/Management/Statutory reporting – Providing reports to management as and when required

Minimum Requirements:

• CA / MBA Finance
• 3+ Years' Relevant Experience
• Experience of having worked in the Financial Sectors like Broking Firm, Mutual Fund Industry and managing an investment back office will be preferred