Job Description:

Team Lead / Team Manager


Bachelors / Masters degree in Finance, Accounting, Management Professional degree such as CA,ICWA, CFA would be an added advantage


Business / Customer

Articulate/ communicate in a manner which is understood by clients / end-users Update clients regularly on various deliverables assigned (DailyMonthlyQuarterly & Adhoc s) and clarify their queries
Effectively communicate information on products/services or trouble shoot issues within the specified time frames as agreed
Strive to understand and resolve issues/queries at the first instant
Interact with clients to seek clarifications or information for the deliverables assigned

Product Control

Production and analysis of daily and monthly PnL timely and accurately
Accurately process/review manual adjustments
Analysis of Risk Sensitivity based PnL, compare with actual and estimated PnL Comment appropriately on variances
Identify and flag major operational issues to superiors
Analysis of daily Balance Sheet movement
Produce monthly balance sheet substantiation pack as per guidelines
Prepare PnL and Balance sheet commentary as per guidelines
Check and ensure feed completeness
Resolve upstream issues (like feeds, system downtime etc) in conjunction with IT shared services

Valuations Control

Run the reports from different RMS for the computation of variance
Run the initial reports for various reserves
Report on the accuracy of reserves and valuations
Review and risk assess Level 3 financial instruments
Calculate Valuation uncertainty calculations (eg Prudential Valuations and internationa financial reporting standards (IFRS13))
Run Controls reports and update the documentation
* Review the work done by production analyst
Preparing and presenting Group wide, quarter end senior management reports and presentations covering regulatory and financial disclosures

Finance & Accounting

Reconciliation of GL and SubLedgers
Validate Journal Entries performed by the team
Support intercompany payments
Manage monthend close activities such as accrual posting, bookclosing, manual adjustments etc
Constantly check debit balance and ensure stop payment for vendors
Review root cause and reduce aging of pending invoices
Responsible for month end close process within the Group closing process
Validate escalations and vendor master records
Validate the reason for parked / hold invoices for appropriate movement to next step
Process Payment run
Document all EUAs (End user applications) with respect to Technical and User manual


Production of the various reports like Month end balance sheet reporting, Month end P&L / other reporting, Month end closing and reporting in a timely manner with high degree of accuracy as agreed with the client
Responsible for month end close process within the Group closing process
Responsible for statutory financial statements after the financial year end
Document all EUAs (End user applications) with respect to Technical and User manual

Asset Management - Fund accounting

Preparing Monthly/Quarterly Reports, Financial Packages/ Binders, Net Asset Value (NAV), Performance Fee calculations, Management Fee calculations for Complex funds reporting in a timely manner with high degree of accuracy as agreed with the client
Reporting of Firm numbers on a periodic basis as per the prescribed format agreed with client on a timely basis
Review/ Accounting of daily Journal entries for cash/bank transactions in accordance with the relevant supporting docs in a timely manner with high degree of accuracy as agreed with the client
Review/Prepare/Account for Adhoc Fund accounting deliverables like Capital Call, Distributions

Asset Management - Fund Operations

Review of low & medium complexity operational deliverables like database validation, documentation, new investor onboarding, & updation / creation of investor data

Asset Management - Fund Reporting

Preparing quarterly work papers and binders for controller reviews
Quarterly reporting of partners capital accounts
Firm P&L / Balance sheet / Management Fee reporting to Financial Control
Assets Under Management (AUM) /Net new Assets (NNA)/ Net New Revenue (NNR) reporting
Regulatory & Risk Reporting (TIC, FIN 45 & FIN 46)
Ratings report from Bloomberg, S&P & Moody for issuers & assets across all portfolios
Performance deviation reports (Vs benchmarks using Sharpe, Std Deviation and Beta)
Restriction reports (Adherence against mandates / Investment Guidelines Monitoring)
Performance analysis & attribution across Asset Management products and funds


Advise / approve access request for Market Data products
Approve end user access request for software after validating the software license availability and manage software fulfilment and consultation
Liaise with vendor and get necessary Market data product access for complex vendor /services such as Bloomberg, Thomson Reuters etc
Accurately /timely update inventory in inventory management application
Allocate cost appropriately to various Business units and cost owners
Work with vendors to get Index request created
Support teams in development / troubleshooting for reports & maintenance
Play significant role in testing activities during version/ Tools upgrades
Manage software license key delivery and vendor portal management
Liaise with teams to understand & resolve issues

Project / Process

Meet process SLAs / metrics productivity and quality targets within the established timelines
Ensure 100 PERCENT process guidelines are followed and met as documented
Adhere to audit compliance of all relevant processes as laid out in process documentation
Troubleshoot process related queries and provide resolution to team members queries
Record data relating to production statistics, enduser related notes, etc as appropriate
Record the output in the system provided by Cognizant
Stay updated with the process knowledge / changes refer to knowledge updates/ repositories to effectively complete assigned task / activities
Adhere to security practices set by organization (both client and cognizant)
Highlight process related issues / concerns proactively with TL/TMs
Generate process improvement ideas for better productivity, accuracy & turnaround time

People/Team Management

Complete all mandatory training / certifications as per the requirement of the business (Both customer & cognizant)
Conduct refresher training / knowledge sharing sessions
Align individual goals with team objectives (work cohesively with the team)
Participate and contribute to organizational activities
Record own attendance and time sheet related data to ensure correct billing
Provide individual performance data for reporting purposes as and when requested by the Process and Team Lead
Mentor new associates joining the team through adequate training, counseling and regular feedback
Perform root cause analysis on the errors made by the team members
Collate team performance data for reporting purposes as and when requested by Process and Team Lead
Ensure quality monitoring and audits for process executives to identify areas of improvement for the team or individuals

Domain Skills

SNo Primary Skill Proficiency Level * Rqrd/Dsrd

1 Hedge Fund Accounting NA Required

2 Fund Accounting NA Required

* Proficiency Legends

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Software Services, Internet/Dot com/ISP
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 18th Mar 2020

Key Skills:

Company Profile:

Cognizant Technology Solutionsarfix

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