Website Arcesium
About the job:
Arcesium is seeking a Senior Manager for our Trade Accounting and Operations group based in Hyderabad.
The group handles post-trade activities for hedge funds, with one of their core daily objectives being ensuring post-trade activities happen in a timely manner and record an accurate view of positions, cash, and P&L in the books.
The group works closely with counterparties, fund administrators, and investment managers to achieve this.
Primary activities include daily street reconciliations, settlements, P/L reconciliations, admin reconciliations, fund accounting (GAV / NAV preparation), investor accounting (including fee calculations), and regulatory reporting.
The group deals with a variety of strategies and different kinds of financial instruments, spanning different geographies and time zones.
What You’ll Do:
– Accountability for work product of the team – daily trade, position, Swap MTMs, and cash reconciliations to the prime broker / custodians / administrators as well as all income / expense accruals.
– In addition, overseeing timely reconciliations and settlements of OTC products.
– Playing an active oversight role in day-to-day operations, escalation of aged breaks, business-as-usual troubleshooting, and setting direction and goals for individuals.
– Coordinating with investment managers, prime brokers, and administrators to resolve day-to-day exceptions, as well as developing more strategic initiatives.
– Liaising with other internal functions like pricing, middle office, and collateral management to resolve discrepancies and/or respond to internal queries.
– Assisting the team and playing a review role for the accounting close (monthly / bi-weekly); providing adequate support for outstanding breaks and preparation of the month-end binder.
– Working with the teams in New York and locally to define strategy and new projects, including prioritizations.
– Providing assistance to auditors and fund administrators during the audit and NAV finalization process.
– Working with technology teams as needed to support process improvements and automation initiatives.
What You’ll Need:
– MBA (Finance) / CFA / CA or any other equivalent qualification.
– 9 – 15 years of work experience in fund accounting.
– In-depth domain / finance knowledge; attention to detail; ability to work with minimal supervision; and experience managing high performers.
– Drive to enhance the efficiency of processes.
– Strong project management skills and effective managerial ability.
– Strong communication and collaboration skills.
– Proficiency in MS Excel
To apply for this job please visit www.iimjobs.com.
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