Role Overview
As the Assistant Manager - Finance & Accounts, you will oversee day-to-day financial operations, ensure strict compliance with financial regulations governing capital markets, and drive accurate financial reporting. This role requires a strong blend of core accounting expertise and deep familiarity with capital market operations, client fund segregation rules, and regulatory reporting.
Key Responsibilities
1. Core Accounting & Financial Reporting
- Supervise the maintenance of books of accounts, ensuring accurate and timely recording of all financial transactions.
- Prepare monthly, quarterly, and annual financial statements in compliance with relevant accounting standards (e.g., IFRS / Ind AS / US GAAP).
- Manage accounts payable, accounts receivable, expense processing, and bank reconciliations.
- Oversee fixed asset management, depreciation schedules, and payroll-related financial accounting.
2. Capital Market Operations & Fund Management
- Monitor daily clearing, settlement operations, and margin requirements with exchanges and clearing corporations.
- Ensure strict compliance with Client Fund Segregation regulations (keeping client monies strictly separate from proprietary funds).
- Manage daily liquidity, cash flows, and banking relationships to support high-volume trading operations.
- Oversee the accounting of proprietary trading books, brokerage income, distributions, and referral fees.
3. Regulatory Compliance & Taxation
- Prepare and submit periodic financial reports, net worth certificates, and compliance returns to market regulators (e.g., SEC, FCA, SEBI) and stock exchanges.
- Handle statutory tax compliances, including Corporate Tax, GST/VAT processing, and Withholding Taxes (TDS).
- Ensure adherence to Anti-Money Laundering (AML) financial tracking guidelines and corporate governance norms.
4. Audit & Internal Controls
- Coordinate seamlessly with Statutory Auditors, Internal Auditors, and Concurrent/Regulatory Auditors to facilitate smooth audits.
- Design, implement, and maintain robust internal financial controls (IFC) to mitigate operational risks in a fast-paced trading environment.
Required Qualifications & Experience
- Education: Chartered Accountant (CA), CPA, ACCA, or an MBA in Finance from a reputed institution.
- Experience: 6+ years of post-qualification experience, with at least 3+ years in a Capital Market ecosystem (e.g., Stock Broking, Wealth Management, AMC, NBFC, or Investment Banking).
