Fund Administration & Oversight Lead Analyst

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!

What is the Private Funds Group responsible for? 

• Daily and monthly oversight of Net Asset value (NAV) and review of semi-annual and annual financial statements prepared by the provided by Third Party Administrators (TPAs).

• Engage with external auditors and internal stakeholders (including fund Boards, Committees, or other governance bodies) to ensure the fund’s financial reporting complies with local GAAP requirements and industry guidelines.

• Conduct monthly TPA oversight and annual TPA due diligence involving continuous feedback on their service level. Engage with wider FTS departments on process improvement and control initiatives and respond to queries of internal FT clients. 

• Work with internal stakeholders on preparation and review of quarterly and annual regulatory filings. 

• Participation in product launch activities related to any operational requirements and financial reporting.

What are the ongoing responsibilities of a Fund Administration and Oversight Lead Analyst?

• Analyzes and/or reviews monthly, quarterly, semi-annual, and annual financial statements/reports of private funds and other reporting documents provided to regulators, internal and external customers for accuracy and compliance with GAAP, Industry and/or client requirements. Analyzes and/or reviews complex supporting schedules and reconciliations required for completion of the funds various reporting requirements. This includes reviewing work completed by third party vendors. Assist in the planning and the co-ordination of all reporting to ensure that internal, regulatory and client deadlines are met. (Required) Researches and analyzes various accounting disclosure requirements for new accounting pronouncements and new product types and assist in the drafting of any resultant new disclosures or new accounting treatment. (Required) 

• Responsible for expense control for designated funds. This includes oversight of the payment processes, ensuring expense accruals are consistent with budget estimates, expense cap compliance, budgetary reporting is prepared for Manager/Director review and for onward reporting to clients. (Required) 

• Organize the routine elements of the year-end audit process and work with external auditors and third-party vendor to resolve issues with funds. As the primary contact, the Lead Fund Analyst coordinates with stake holders for preparation and timing of the Audit, responding to enquiries and bridging the communication gap between external auditors, third party vendors and internal groups during the audit process. Support the Manager on strategic or critical audit issues. (Required) 

• Projects and Change management: Proactively identify potential improvements in work processes and client service, working closely with Manager to implement these. Participates in departmental/divisional projects, taking a lead on less complex work or participating in a wider more complex initiative. These could include new product launches, regulatory initiatives, and inter-departmental projects. (Required) 

• Provides customer service to clients (e.g., fund managers, sales and marketing, performance and risk, internal, fund boards or other governance bodies) including answering ad hoc queries and working with managers on special assignments for clients (e.g., additional client reporting for their regulator or Board Papers). Act as a key point of contact with other FTS Business units to provide client service support. (Required)

What ideal qualifications, skills & experience would help someone to be successful? 

• CA/ACCA/CPA (Required) 

• Typically has 4-7 years related experience (Required) 

• Bachelor's Degree or equivalent experience (Required) 

• Knowledge of Microsoft products such as Outlook, Word, PowerPoint, Excel, Access, and MS Project.

• In-depth conceptual and practical knowledge in own discipline and basic knowledge of related disciplines. 

• Problem solving attitude.

• Ability to work independently with minimal guidance. 

• Acting as a resource for colleagues with less experience. 

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