Manager - Fund Operations

Key Responsibility:

The candidate will be responsible for the end-to-end fund operations of a Category III Open-Ended AIF, including but not limited to:

1. NAV Computation & Valuation:

- End-to-end calculation of NAV including investment valuation, expense accruals, and fee payments.

- Ensuring accuracy and timeliness of daily/periodic NAV reporting.

2. Reporting & MIS:

- Preparation of position holding reports, cash flow projections, investor MIS, and other operational dashboards.

- Designing and improving MIS processes for greater accuracy and efficiency.

3. Stakeholder Coordination:

- Liaising with custodians, bankers, and fund administrators for trade execution, clearing & settlement of transactions, margin movements, NAV verification, and query resolution.

- Managing fund movements and coordinating across multiple service providers.

4. Reconciliations:

- Performing trade and cash reconciliations on a daily/periodic basis.

- Monitoring breaks and ensuring timely resolution.

5. Investor Operations:

- Managing investor subscriptions, redemptions, and related reconciliations.

- Managing and executing distributor payments and investor redemptions.

6. Audit & Compliance Support:

- Liaising with auditors and tax consultants for preparation of year-end financials, tax computations, and regulatory submissions.

- Ensuring compliance with internal controls, SEBI AIF regulations, and other statutory requirements.

Required Skills:

- Strong expertise in Excel, financial modelling, and data analysis.

- In-depth understanding of capital markets settlement cycles, derivatives margin movements, custody, and clearing processes.

- Proven knowledge of NAV calculations, valuation methodologies, and expense accrual logic.

- Strong understanding and prior experience in MIS designing and reporting frameworks.

- Attention to detail, analytical mindset, and ability to handle high volumes of data with accuracy.

- Strong communication and stakeholder management skills

Educational Background:

- Bachelor's degree in finance, Accounting, Economics, or related field (mandatory).

- Master's degree (MBA/PGDM) in Finance or FRM/CFA/CA certification will be an advantage.

Work Experience:

- 4-6 years of relevant experience in fund operations, NAV accounting, or investment operations, preferably within an AIF, mutual fund, hedge fund, or fund administration setup.

- Prior exposure to Category III AIF operations or open-ended fund structures will be highly preferred.