Fund Administrator

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If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Fund Administrator - FTC role

FTC role for 1 year

In this role, you will:

• Engage in preparation and validation of accurate NAV and Financial statements to ensure highest quality of service to business area and stakeholders thereby maintaining green KPI across clients/process.
• Ensure that all operational functions within the scope of NAV production and Statutory Reporting are performed as per laid down standard operating procedures and PLAs. The same is detailed below in the next three points.
• Complete all activities for NAV calculation or Validation such as pricing, resolution of breaks, posting accounting entries etc. accurately in the accounting system.
• In terms of the Statutory Reporting scope of work, individual is required to involve in Pre-Preparation Activities (including Master Setups, if applicable). This includes Roll Forwards, Tallying the last audited accounts with the last worked upon accounts and identifying and reconciling the differences by application of accounting concepts and ability to relate disclosures with the Accounting Standards.
• Preparing Financial Statements in accordance with local legal requirements and relevant accounting standards for the respective country, i.e. IFRS or US GAAP or Local GAAPs as applicable and within strict timelines. This would include Preparation of Balance Sheet, Income statement, cash flow (if required), relevant working papers, notes to accounts, Schedule of Investments etc. based on the reports extracted from the various accounting platforms, previous years signed accounts, prospectus, board minutes etc.

To be successful you will:

• Bachelor’s degree in Commerce or qualifications relevant to accounting/finance industry.
• Strong Accounting Concepts with clear understanding of financial statements.
• Sound knowledge of various types of financial instruments, Funds Administration and accounting services and understanding of valuation cycle and corporate actions.
• Basic understanding of NAV Calculation.
• 1-2 years of relevant/accounting work experience.
• Working experience on Geneva, ICON, Multifonds, IMS, etc is desired.

You’ll achieve more at HSBC

www.hsbc.com/careers

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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