Process Lead - Investment Accounting

Process Leader – Investment Accounting & Reporting

Job Title

Process Leader

Team / Domain

Investment Accounting & Reporting

Department

Ship IAR

Reporting To

Assistant Manager

RESPONSIBILITIES

Operational Responsibilities

• Train new team members on key process tasks
• Identify process efficiencies and participate in process improvement initiative
• Make updates and amendments to process documentation
• Participate in training sessions
• Perform transactional activities related to the function at the expected level of delivery in terms of turnaround time and quality while performing the following processes.
• Investment Accounting: Asset designation, initial designation of interfaced trades, Initial designation of manual trades, change of designation, de-recognition.
• Sub ledger preparation, Nautilus group consolidation, fund summary consolidation.
• Valuation and pricing : Accrual/ deferral of interest, valuation pricing
• Impairment processing and delivering data to general ledger
• Hedge Accounting & designation: Post designations, generate the postings, Post hedge accounting items, post in F1, Generate the postings, post hedge accounting designation
• Reporting: Maintain and communicate reporting policies, prepare and analyze reports, distribution of reports and acquiring sign offs & reports submission

Managerial Responsibilities

• None as the candidate has no direct report

Service Level Management

• Responsible for service delivery by team on agreed key performance metrics of turnaround time, quality, etc.

1. EDUCATION, EXPERIENCE, SKILLS & TECHNICAL COMPETENCIES

Education and Experience

• § CA Inter/ICWA inter /CFA level 2
• 3 years experience in investment accounting/reporting for insurance firm
• Exposure to finalization of balance sheet, understanding accounting cycle or Experience in trade entry & Asset servicing/ corporate actions/ OTC transactions/ cash and custody position reconciliation mandatory

AND

• Previous experience in an Insurance / Asset Management Shared Service environment
• Good with management information systems
• General understanding of Insurance Business with ability to articulate the different dimensions and indicators with reference to a reporting function would be an added advantage
• Open to working in European shifts
• Must possess valid passport

Key Skills and Competencies

• Ability to support transfer of technical knowledge to team
• Ability to identify and drive process improvements
• Good documentation skills
• Good logical, analytical and problem solving abilities
• Ability to handle process escalations, identify issues and risks and propose resolution
• Ability to multi-task and prioritize work
• Ability to work harmoniously as part of a team
• Ability to interact with internal(AXA) and external(custodians/bankers etc.) entities

Technical Competencies

• Prior experience of working on SAP
• Experience of working on tools such as Business Objects Web, SQL, Toad will be an added advantage
• Ability to perform tasks on multiple computer applications

Language Skills

• English - speaking, reading and writing
• Knowledge of other European languages will be an added advantage