Fund Accountant

Job Description Role Overview: As a senior accountant at BNP Paribas India Solutions, you will be responsible for handling all accounting operations within the fund accounting department. Your main objective will be to verify transactions, perform reconciliations for cash balances, and process and review net asset value (NAV) of the funds administered by BNP Paribas. Attention to detail and accuracy in maintaining account balances, financial statements, general ledger, and reports will be crucial in this role. Key Responsibilities: - Acquire complete understanding of NAV Calculation & its related functions involving various parties like Custody, Transfer Agency, Pricing, and Corporate Actions. - Become a Subject Matter Expert (SME) in NAV Calculation Processing & Review across all funds and instruments types. - Handle different types of financial instruments and understand their impact on NAV. - Validate and justify all reconciliation breaks in Transfer Agency, Cash, and Stock for each calculated NAV. - Ensure timely production of NAV calculations as per SLA, including accurate report generation, timely delivery of reports, and archiving. - Assist in preparing Key/Standard Operating Procedures for each process migrated to Chennai. - Evaluate and update documented procedures to ensure completeness and accuracy. - Address ad-hoc duties that may arise, particularly during month ends and year ends. - Identify staff training requirements and provide necessary training for team members to perform their tasks effectively. - Understand and follow ISAE3402 checks for 100% compliance in all NAV packs. - Document errors identified during the review stage promptly and take initiative in resolving repetitive errors or training gaps. - Act as a back-up in the absence of other team members and Supervisor. - Identify manual steps, process efficiencies, and developments, and provide ideas for improvements and automation. - Minimize unplanned leaves, especially during critical business days like month-end, rollover days, and fund migrations. - Maintain a quality standard of 100% while producing and reviewing NAVs to ensure no financial impact or loss to the organization. Qualifications Required: - Minimum of 2 years of NAV calculation and review experience in the past. - Bachelor's Degree or equivalent education level. - At least 3 years of experience in the field. Additional Details: BNP Paribas India Solutions, established in 2005, is a wholly owned subsidiary of BNP Paribas SA, the leading bank in the European Union with international reach. Operating from Bengaluru, Chennai, and Mumbai, the company provides services in Corporate and Institutional Banking, Investment Solutions, and Retail Banking. With over 10,000 employees, the organization drives innovation and growth to deliver best-in-class solutions to clients worldwide. Role Overview: As a senior accountant at BNP Paribas India Solutions, you will be responsible for handling all accounting operations within the fund accounting department. Your main objective will be to verify transactions, perform reconciliations for cash balances, and process and review net asset value (NAV) of the funds administered by BNP Paribas. Attention to detail and accuracy in maintaining account balances, financial statements, general ledger, and reports will be crucial in this role. Key Responsibilities: - Acquire complete understanding of NAV Calculation & its related functions involving various parties like Custody, Transfer Agency, Pricing, and Corporate Actions. - Become a Subject Matter Expert (SME) in NAV Calculation Processing & Review across all funds and instruments types. - Handle different types of financial instruments and understand their impact on NAV. - Validate and justify all reconciliation breaks in Transfer Agency, Cash, and Stock for each calculated NAV. - Ensure timely production of NAV calculations as per SLA, including accurate report generation, timely delivery of reports, and archiving. - Assist in preparing Key/Standard Operating Procedures for each process migrated to Chennai. - Evaluate and update documented procedures to ensure completeness and accuracy. - Address ad-hoc duties that may arise, particularly during month ends and year ends. - Identify staff training requirements and provide necessary training for team members to perform their tasks effectively. - Understand and follow ISAE3402 checks for 100% compliance in all NAV packs. - Document errors identified during the review stage promptly and take initiative in resolving repetitive errors or training gaps. - Act as a back-up in the absence of other team members and Supervisor. - Identify manual steps, process efficiencies, and developments, and provide ideas for improvements and automation. - Minimize unplanned leaves, especially during critical business days like month-end, rollover days, and fund migrations. - Maintain a quality standard of 100% while producing and reviewing NAVs to ensure no fin