Fund Accounting - Assistant Vice President 2

Job Description - AVP - Fund Accounting

The main function of the role is : Account for the day-to-day management of a functional / oversight team(s) and manage daily service delivery and production activities performed by staff. Work in conjunction with individuals on the team as well as other Shared Service teams / COE's, outsource locations, Client Operations and other business units to ensure seamless processing according to the fund's policies, to ensure NAV / yield accuracy and that all SLAs are met. As well as, Work collaboratively with teams and management across the organization on various projects, oversight, committees, KPIs, etc.

Role specifics : -

• Act as the primary contact and key escalation point for operational issues, as well as provide technical expertise to resolve daily problems.
• Manage and escalate issues related to BU Shared Services and COE's.
• Manage departments overtime budget effectively, indirectly responsible for other department budget matters.
• Ensure appropriate records of daily and monthly activities are kept. Assist with compliance / fiduciary reviews, controls, and audits as needed.
• Establish and maintain files, including highly confidential and sensitive information, which pertains to clients and division / corporate operations, as well as short / long-term strategies, budgets, etc.
• Assess impacts of regulatory changes. Identify and implement consistent operational best practices.
• Organize Shared Service internal meetings and compiles related documentation, assisting with the coordination and development of the agenda and may attend meetings to record notes and action items.
• Coordinate the implementation of new funds, systems and processes as well as assists with client conversions and other client projects.
• Train, develop and motivate new staff, as well as complete performance appraisals. Provide staffing recommendations by interviewing new personnel and making effective hiring decisions.
• Serve on committees and help define and implement new company initiatives. Provide coaching and development opportunities to staff, participate in individual on-going training and development.
• Has accountability and responsibility for completing and delivering PPRs on time. Make effective recommendations to hire, discipline, control work and terminate employment.
• Make effective recommendations for promotions, salary increases and bonuses. During the course of normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report.

Skills / Competency parameter differentiators :

Mandatory Skill Sets :

skills

identified issues.

Futures, Spots and Forwards, Bank Debts and Credit Default Swaps (CDS)

Yields, Distributions, NAV calculations etc.

analysis and reconciliation

Additional Skill Sets :

Education & Preferred Qualifications :

part of which must have been in a management or supervisory capacity.

(Overall experience of 12+ years)

Accounting. Ability to provide technical expertise to resolve daily

problems.

software applications.

Skills Required

Reconciliation, Corporate Actions, Decision Making, Personnel Management, distributions, Fund Accounting