Accounting & Reconciliation Analyst Job in Noida at Ameriprise Financial

Ameriprise Financial is hiring for the role of Accounting & Reconciliation Analyst!

Responsibilities of the Candidate:

• Perform daily investment accounting activities relating to the retails, life (sub-accounts), 529, FOF and collective trust funds and ensure the accurate calculation and reporting of NAVs, AUV's.
• Collaborate with the accounting counterparts based in India/ US and Custodians, Business Partners from other departments/ locations and effectively executing activities pertaining to Non-Proprietary Funds also.
• Be responsible for the accurate calculation and reporting of public and collective fund net asset values and life fund accumulation unit values. Provide coverage as needed.
• Perform the daily accounting and reconciliation of fund activity including shareholder activity, fund expenses, fund distributions, reconciling the NAV/AUV, reviewing security trades including derivatives, and reconciling cash transactions.
• Assist with analytical review and problem-solving for the fund. Verify the accuracy of trade input and impacts to fund. Analyze daily income accruals and interest/ dividend payments.
• Review fund distributions. Communicate with transfer agents, custodians’ other departments and auditors, as needed. Ensure all identified issues are thoroughly researched and escalated/communicated timely to all impacted parties.
• Support all Regulatory changes and other requisite changes. Zero regulatory and control issues having significant brand, financial or business implications.
• Contribute and attend huddles, team meetings, training, engagement activities and coaching sessions.

Responsibilities of the candidate:

• Required Qualifications
  • Master's degree or equivalent in Finance / Accounting qualification, MBA preferred
  • Strong system skills viz. MS Office and mainframe system.
  • Good Communication and interpersonal Skills and be an Effective Team Player.
  • Excellent Problem Solving and Analytical Skills.
  • Sound Written / Oral Communication Skills.
  • Positive, team-work attitude.
• Preferred Qualifications
  • Ability to work independently as well as collaborate with cross-functional teams.
  • Knowledge of / experience in investment accounting/fund accounting.
  • Knowledge of investment tools (Bloomberg), reconciliation tools (Frontier), and accounting systems (Invest One) will be an added advantage.