Manager - Operations & Accounts

Position : Manager – Operations & Accounts

A. Overview of the Position

The Manager – Operations & Accounts

will oversee the end-to-end operational and accounting functions of

Sovereign Global Markets Pvt. Ltd. (SGMPL) . The role involves managing back-office operations for the

Fixed Income vertical , ensuring accurate trade settlements, financial reporting, and compliance adherence. The ideal candidate will bring hands-on experience in finance operations and accounting within the capital markets ecosystem, ensuring precision, timeliness, and collaboration across departments.

B. Qualifications

Mandatory :

CA (Inter) — candidates must have completed CA (Inter) and should not be pursuing CA further

Preferred :

Bachelor’s degree in Commerce and / or Diploma in Investment Management, Financial Markets, or related disciplines

C. Experience and Skills

Minimum

3 years

of relevant experience in

operations and / or accounts

within the

Fixed Income Broking

or

Capital Markets

industry

Strong understanding of financial products — Fixed Income, Equity, and Mutual Funds

Working knowledge of

compliance

requirements across financial market businesses

Familiarity with

trading platforms

and trade execution processes

Understanding of

commercial terms

of financial products

Proficient in

Tally ERP

and

MS Office

D. Working Relationship

Reports directly to the Managing Director

and works closely with the management and functional teams to support financial transactions, settlements, accounting, and compliance operations across all business units.

E. Key Responsibilities

1. Fixed Income Back-Office Operations

Provide complete operational support to the Fixed Income desk

Confirm and settle trades; coordinate with banks and clients

Record and report transactions on a daily, weekly, and monthly basis

Maintain real-time investment inventory and daily deal reports

Compute and maintain

XIRR

and

YTM

for fixed income instruments

Prepare and submit price quotes to clients

Maintain documentation for price bands, Demat / Remat processes

Manage client onboarding and empanelment, especially for

Northern India

region

Execute trades on platforms as per Delegation of Authority

Ensure timely and accurate trade reporting (SLR, Non-SLR, PF clients, etc.)

2. Finance and Accounts

Pass and verify accounting entries in Tally ERP

Prepare and reconcile detailed trading statements and

P&L

(unit-wise and consolidated)

Perform trade reconciliations for accurate reporting

Process payments (invoices, expenses, payroll, statutory dues)

Handle petty cash operations and bank fund transfers

Manage bank limits and maintain updated banking documentation

3. Compliance and Reporting

Ensure adherence to regulatory and internal compliance norms

Prepare audit schedules, respond to queries, and support external audits

Generate periodic management reports for all business units

Liaise with exchanges, depositories, and counterparties for operational matters

Salary Range :

₹5 – ₹8 LPA (based on experience and qualification)