und Administration & Mutual Fund Expense Management

Job Description

The Manager – Fund Administration and Mutual Fund Expense Management will be responsible for
overseeing the administration and accounting of mutual fund expenses. This role involves managing
fund expenses, ensuring compliance with regulatory requirements, and optimizing fund
administration processes. The candidate will work closely with internal teams and external service
providers to ensure accurate and timely accounting and reporting of mutual fund expenses.

 Fund Administration:
o Oversee the daily administration of mutual funds, including NAV calculations, unit reconciliations, and fund performance reporting.
o Ensure accurate and timely processing of fund transactions and maintenance of fund records.
 Expense Accounting:
o Manage the accounting and reporting of mutual fund expenses, including management fees, administrative expenses, and other fund-related costs.
o Ensure accurate allocation of expenses to respective funds and adherence to budgetary guidelines.
 Regulatory Compliance:
o Ensure compliance with SEBI regulations and other regulatory requirements related to mutual fund administration and expense accounting.
o Prepare and submit regulatory filings and reports in a timely manner.
 Financial Reporting:
o Prepare periodic financial statements and reports for mutual funds, including expense ratios and other key financial metrics.
o Collaborate with auditors to ensure accurate and compliant financial reporting.
 Process Improvement:
o Identify opportunities for process improvements in fund administration and expense accounting.
o Implement best practices to enhance operational efficiency and reduce errors.
 Stakeholder Management:
o Liaise with internal departments (e.g., Finance, Compliance, Operations) and external service providers (e.g., custodians, auditors) to ensure smooth fund operations.