Team Lead / Team Manager

Qualification:Bachelors / Master’s degree in Finance, Accounting, Management Professional degree such as CA,ICWA, CFA would be an added advantage

Responsibility:
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 EUA’s (End user applications) with respect to Technical and User manual.

Reporting: 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 EUA’s (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.

Techno-function: 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% 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.


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