Fund Accountant

Some careers shine brighter than others.

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 Accountant.

In this role, you will: 

• The traditional A&V team has daily, monthly and weekly NAV valuations with stringent timelines. The team is responsible for performing capital activity bookings, accruals, amortization, yields leading to final generation and validation of NAV through diagnostic checks, FMR and post NAV activities.
• The team also performs other Monthly & Reporting activities which includes Fee Reviews. XD Distribution, Trustee Packs and Queries, Regulatory & Client Reporting. The A&V team is responsible functionally across multiple jurisdictions (where applicable) serviced out of MSS Kol.
• Individual joining is expected to prepare accurate NAV packs of Traditional fund portfolios and related activities on timely basis with expected quality.
• Will be responsible to ensure quality pack deliverables for several portfolios of Traditional funds. Promote relentless focus on service quality across Traditional Fund portfolios
• Implement key changes in the process and deliver continuous process improvement. Capture accurate and right data ( ICATs,daily tracker, etc ) for purpose of MIS
• The individual will have to complete all the activities of the assigned funds within the set time limit and ensure that the accurate pack is delivered to the stakeholders within the PLA. 
• The individual needs to be flexible to work shifts and respond to additional business need if required.Be flexible to adopt in different working environment with counter parts across the globe.
• The role will interface with all other relevant MSS Departments and with HSBC global offices as appropriate.

To be successful, you will:

• Bachelor’s degree in accounting or other qualifications relevant to the accounting/finance industry.
• 0-2 years of relevant/accounting work experience.
• Good knowledge of Capital Markets and Financial instruments, accounting principles and fundamentals of accounting.
• Earlier experience in custody / brokerage / funds services / depository industry.

• Basic knowledge of end-to-end product and process, multiple market and regulations. Proficiency in Excel essential, Life cycle of NAV process.

• Basic understanding of the E2E Fund Accounting Model. Knowledge of Derivatives Instruments. Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and reconciliations.
• Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).  Graduate/CA/ ICWA/ CS / PGDBM/MBA in Finance or CFA (D).
• Will be expected to maintain HSBC internal control standards, including the timely implementation of  internal and external audit points, together with any issues raised by external regulators.

You’ll achieve more when you join 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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