Assistant Manager – Fund Accounting – Fund Accounting

Job Description

Assistant Manager – Fund Accounting | BNP Paribas

The Tone:
This is a full-time role at BNP Paribas India Solutions, located in Mumbai. BNP Paribas India Solutions operates as a 24×7 global delivery center, a wholly owned subsidiary of BNP Paribas SA, servicing Corporate and Institutional Banking, Investment Solutions, and Retail Banking. This role is crucial for ensuring accurate and timely reporting of Net Asset Value (NAV) to end clients by managing all fund accounting operations. The position involves verifying transactions, performing cash balance reconciliation, and reviewing the net asset value of funds administered by the bank.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person, Mumbai, Maharashtra, India

• Team: IFSO Department, Fund Accounting Function. Reports to Senior Associate.
• Mission: Ensure accurate and timely reporting of Net Asset Value (NAV) to end clients by managing all fund accounting operations.

What You’ll Actually Do
• Mastery: Acquire and maintain a complete understanding of NAV Calculation and its related functions, including Custody, Transfer Agency, Pricing, and Corporate Actions.
• Expertise: Become a Subject Matter Expert (SME) in NAV Calculation processing and review across all fund and instrument types.
• Reconciliation: Ensure all reconciliation breaks across Transfer Agency, Cash, and Stock are validated and justified for each calculated Net Asset Value (NAV).
• Reporting: Produce NAV calculations and complete NAV packs, including accurate report generation, timely delivery, scanning, and archiving, in adherence to service level agreements.
• Improvement: Identify manual steps and process inefficiencies, providing practical ideas for improvements and working towards automation.

The Must-Haves
• Background: Bachelor Degree or equivalent; an experienced, detail-oriented senior accountant focusing on fund accounting operations.
• Experience: Minimum of 3 years of experience in NAV calculation and review within a fund accounting context.
• Skills: Attention to detail and rigor; strong written and oral communication skills; ability to plan and prioritize workload effectively; analytical ability; client-focused approach.