Senior Manager - Financial Operations and Fund Accounting

Senior Manager, Financial Operations

Arcesium is seeking a Senior Manager for our Trade Accounting and Operations group based in Hyderabad. The group handles post-trade activities for hedge funds, with one of their core daily objectives being ensuring post-trade activities happen in a timely manner and record an accurate view of positions, cash, and P&L in the books. The group works closely with counterparties, fund administrators, and investment managers to achieve this. Primary activities include daily street reconciliations, settlements, P/L reconciliations, admin reconciliations, fund accounting (GAV / NAV preparation), investor accounting (including fee calculations), and regulatory reporting. The group deals with a variety of strategies and different kinds of financial instruments, spanning different geographies and time zones.

What you’ll do:

• Accountability for work product of the team — daily trade, position, Swap MTMs, and cash reconciliations to the prime broker / custodians / administrators as well as all income / expense accruals. In addition, overseeing timely reconciliations and settlements of OTC products.
• Playing an active oversight role in day-to-day operations, escalation of aged breaks, business-as-usual troubleshooting, and setting direction and goals for individuals.
• Coordinating with investment managers, prime brokers, and administrators to resolve day-to-day exceptions, as well as developing more strategic initiatives.
• Liaising with other internal functions like pricing, middle office, and collateral management to resolve discrepancies and/or respond to internal queries.
• Assisting the team and playing a review role for the accounting close (monthly / bi-weekly); providing adequate support for outstanding breaks and preparation of the month-end binder.
• Working with the teams in New York and locally to define strategy and new projects, including prioritizations.
• Providing assistance to auditors and fund administrators during the audit and NAV finalization process.
• Working with technology teams as needed to support process improvements and automation initiatives.

What you’ll need:

• MBA (Finance) / CFA / CA or any other equivalent qualification.
• 9–12 years of work experience in fund accounting.
• In-depth domain / finance knowledge; attention to detail; ability to work with minimal supervision; and experience managing high performers.
• Drive to enhance the efficiency of processes.
• Strong project management skills and effective managerial ability.
• Strong communication and collaboration skills.
• Proficiency in MS Excel.

Arcesium and its affiliates do not discriminate in employment matters on the basis of race, color, religion, gender, gender identity, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, or any other category protected by law. Note that for us, this is more than just a legal boilerplate. We are genuinely committed to these principles, which form an important part of our corporate culture, and are eager to hear from extraordinarily well qualified individuals having a wide range of backgrounds and personal characteristics.

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Experience Level

Senior Level