Accountant

At Franklin Templeton, we’re driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients’ achievements.

Come join us in delivering better outcomes for our clients around the world!

• The individual is responsible for maintaining the fee calculation process within the accounting system for the assigned functional area. This includes maintaining existing fee calculations, interpreting, understanding, creating, and posting new fee calculations, as well as reversing, closing down fees and processing customer fee refunds where applicable. In addition, the individual must have the knowledge to manually calculate fees based on client agreements. The individual will participate in the onboarding of new accounts with other key departments, designed to ensure the smooth setting up of new accounts.  Other responsibilities may include preparation of fee reports as well as assisting in fee review and control processes. As a member of the fee group, the successful candidate will also have opportunities to participate in assignments and special projects within the group as required.

• Adherence to daily/weekly/monthly/quarterly SLAs

• Opening & closing fee terms in the Trust Accounting System

• Manually calculating initial & final fees

• Maintaining fee terms within Excel/Fee Systems

• Manual calculation of fees outside of Trust Accounting System

• Produce, review, and analyze various fee related reports and dashboards.

• Creating invoices within the Billing system

• Support Administrators/Investment Officers on fee inquiries

• Monitoring daily bank statements and applying payments

• Processing customer fee refunds

• Fund Reimbursement Payment application

• Liaising with front office and other departments

• Tracking, monitoring, and responding to emails in a timely manner

New Account Set Up & Implementation:

• Representing the department on project teams established for implementing new accounts

• Understanding the purpose and nature of the new account, and the responsibilities of each party

• Reviewing and commenting on Investment Management Agreements and other governing documentation

• Documenting and maintaining permanent file information for the department

• Agreeing on and documenting procedure for fee calculation and billings with client

• Track and apply fee rate adjustments to existing accounts.

Other Responsibilities:

• Assist in creation of aged receivables, fee reports and fee review/controls processes

• Assist in various projects as needed.

• Timely and effective communication with the other team members and managers, including status update for the assigned work

• Consolidating supporting document for audit

• Create and upload manual journal entries where necessary

• Support month end process

• Perform monthly/quarterly analysis on fee variance 

• Support in payment dispute resolution

• This position requires a bachelor’s/Master’s degree in accounting or business with coursework in intermediate and advanced accounting

• At least 2 years of financial accounting/reporting experience preferably within multi-national organization, in similar department.

• Financial Services experience

• MS Access skills (creating and maintaining databases, tables, and queries)

• SQL skills

• MS Power BI skills

• A self-driven individual

• Attention to details.

• Strong analytical and problem-solving skills.

• Strong written / verbal communication skills.

• Strong interpersonal skills to establish and maintain on-going working relationships with various individuals both within and outside FT Finance.

• Ability to organize and prioritize workflow and to coordinate performance of certain tasks with other teams with supervision.

• Ability to maintain updated knowledge of procedures, products, and activities assigned.

• Experience with automated financial systems including a general ledger.

Job Level - Individual Contributor

Work Shift Timing - 2:00 PM - 11:00 PM IST