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).
