Manager, Financial Operations

Role overview

Manager, Financial Operations at Arcesium

Required qualifications

• <li>The ideal candidate must have an MBA (Finance) / CFA / CA or any another equivalent qualification</li>

Employment details

• Location: Hyderabad

About the employer

• <p>Arcesium is a global financial technology firm that solves complex data-driven challenges faced by some of the world’s most sophisticated financial institutions.
• We value intellectual curiosity, proactive ownership, and collaboration with colleagues, and we empower you to meaningfully contribute from day one and accelerate your professional development.</p></div><p>Arcesium is seeking a Manager for our Trade Accounting and Operations group based in Hyderabad.
• The group works closely with counterparties, fund administrators, and investment managers to achieve this.
• <p><strong>Recruiting Security<br></strong>Emails from genuine Arcesium recruiters who are employees of the company will always come from the @arcesium.com domain.
• <p><em>Arcesium is an equal opportunity employer.</em></p></div>

Additional role details

• <div class="content-intro"><p> </p>
• <div>
• <h2><strong>Company Overview</strong></h2>
• </div>
• We constantly innovate our platform and capabilities to meet tomorrow’s challenges, anticipate the risks our clients encounter, and design advanced solutions to help our clients achieve transformational business outcomes. </p>
• <p>Financial technology is a high-growth industry as change and innovation continue to disrupt the status-quo and prompt major transformation.
• Arcesium is at a particularly interesting time in our own growth as we look to leverage our successfully established market position and expand operations in pursuit of strategic new business opportunities.
• 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.
• 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.</p>
• <p>What you’ll do:</p>
• <ul>
• <li>Accountability for work product of the team - daily trade, position, Swap MTMs, and cash reconciliations to the prime <br>broker / custodians/administrators as well as all income / expense accruals.
• In addition, overseeing timely reconciliations <br>and settlements of OTC products.</li>
• <li>Playing an active oversight role in day-to-day operations, escalation of aged breaks, business-as-usual troubleshooting <br>and setting direction and goals for individuals.</li>
• <li>Coordinatingwith investment managers, prime brokers & administrators to resolve day-to-day exceptions, as well as <br>develop more strategic initiatives.</li>
• <li>Liaising with other internal functions like pricing, middle office and collateral management to resolve discrepancies <br>and/or respond to internal queries.</li>
• <li>Assisting the team and playing a review role for the accounting close (monthly / bi-weekly); providing adequate support <br>for outstanding breaks, and preparation of month-end binder.</li>
• <li>Working with the team in NY and locally to define strategy and newprojects, including prioritizations.</li>
• <li>Providing assistance to auditors and fund administrators during the audit and NAV finalization process.</li>
• <li>Working with technology teams as needed, by assisting in special projects, developing bespoke reports, developing <br>specifications, product implementation and UAT.</li>
• </ul>
• <p>What you’ll need:</p>
• <li>6-9 years of work experience in fund accounting</li>
• <li>In-depth domain / finance knowledge, attention to detail, the ability to work with minimal supervision and experience in managing high performers.</li>
• <li>Drive to enhance the efficiency of processes</li>
• <li>Strong project management skills and effective managerial ability</li>
• <li>strong communication and collaboration skills</li>
• <li>Proficiency in MS Excel.</li>
• <p>Our data privacy statement can be found <a href="https://cdn.builder.io/o/assets%2F8279000be2e444159cf06fa2a0d2c664%2F5f43b435391f4a1c9fd054fdf241c5c2?alt=media&token=fe7b6e1a-a083-44e7-9bdb-952cf8434f26&apiKey=8279000be2e444159cf06fa2a0d2c664" target="_blank">here</a>.</p><div class="content-conclusion"><p> </p>
• In some cases, you may also be contacted by independent search firms engaged to recruit on our behalf; emails from their employees should always come from their firm's applicable domain.
• We'll never ask for your banking information or any payment as part of the recruiting process.
• If something seems off or you're contacted by an unexpected third party, please reach out to us at <a href="mailto:careers@arcesium.com">careers@arcesium.com (US/UK),</a> <a href="mailto:careers-india@arcesium.com">careers-india@arcesium.com (India) </a>or <a href="mailto:careers-europe@arcesium.com">careers-europe@arcesium.com (Portugal/Sweden)</a>. </p>