Manager

Accountability

Supporting Actions

• Carry out timely and accurate Equity Settlement for accounting
• Equity Settlement on STP including custody and broker confirmation
• Co-ordination with Equity Brokers and Dealers and Custody for trade settlement
• Calculation of Margin payable
• Provision of equity related cash flows in the cash flow projections
• Support the Accounting and Valuation of Equity Portfolio across funds for NAV release
• Creation of Equity and Broker Master
• Timely and accurate accounting of Equity Trades
• MTM valuation of Equity Portfolio across fund groups
• Tracking and accounting of Corporate Action
• Undertake Daily checking of Debt Valuation and Accounting for ensuring accuracy of NAV’s released
• Checking of Debt Valuation across all funds
• Checking of Debt Accounting across all funds
• Preparation of MIS for Management review, financial reporting and Audit Data
• Preparation of Financial Reports as per IRDA, Schedule VI & IFRS.
• Preparation of daily, monthly, yearly MIS
• Preparation of To-be-Revived Policies reconciliation
• Adhoc investment MIS as and when required by IRDA, Actuary, Front-Office, Taxation, Planning and Management.
• Co-ordination with statutory, Internal & Concurrent auditors
• Timely and accurate vendor payment

Project support

• Facilitating in testing and implementation.
• Ensure timely & accurate submission of cash flow for optimum utilisation of funds.
• Validate correct accounting and reporting of unit capital on daily basis in cash flow in coordination with client service team.
• Monitor timely coordination with custodian & banker for trade settlements, margin payouts, and corporate receipts on daily basis.
• Monitor timely coordination with accounts for transfers of funds towards creation/redemption of units, expense, policy loan, payments and capital contribution.
• Ensure daily reconciliation and timely provision of audit data
• Monitor daily bank & holding reconciliations
• Monitor daily unit capital & units reconciliation & reconcile breaks in coordination with client services & business analyst’s team.
• Ensure reconciliation of policy loan & prepayment account & reconcile the breaks with accounts team.
• Monitor margining & collateral requirement for SLR trades
• Monitor timely and accurate submission of MIS and audit related requirements.
• Ensure timely support as back-up for Investment Accounting & NAV computation activities
• To provide appropriate back-up support for Investment accounting and NAV declaration.
• To update self on the various regulatory changes and its impact on the complete function and the organization
• Monitor Banking Operations to support collections & payment across channels
• Monitor seamless Banking/CMS support PAN India for collections & payments
• Monitor prompt query resolution regarding CMS arrangements in coordination with the branches and Banks
• Monitor banks SLA’s and coordinate for seamless support across multiple bank channels
• Ensure timely set-up of CMS arrangements for new branch locations.
• Manage operational relationship with Banks for banking arrangements across multiple channels
• Support new banking initiatives to support collections, payments & MIS related dynamism

Monitor Treasury Operations

• Monitor timely transfers of daily funding requests for payouts across verticals
• Monitor collections across 10+ collection accounts and ensures timely transfers for investments & maintains appropriate bank balances.
• Coordinate & support reconciliation, investment & payments team for banking related escalations
• Coordinate with banks for Fixed Deposit placements.
• Monitor timely & accurate accounting of transfer & interest entries in Financial accounting system.
• Monitor timely audit support and submissions with regards to balance & FDR confirmation across banks.

To ensure process enhancements & project related support

• Continuously drive towards automation of the daily processes with appropriate checks & control
• To ensure timely support on all UMR related projects

Team Management

• Set team KRA’s & monitor performance
• Guide the team members in performing their tasks
• Facilitate training and development programmes for enrichment of skills & knowledge for the team