Fund Accountant Jobs in Chennai Mutual Fund and AMC
⚡ Hiring Now🏫 Chennai Mutual Fund and AMC Employment Zones
Chennai's private mutual fund distributor offices and investment platforms serve retail and HNI investors from Guindy and Ambattur MIDC, employing Tamil-speaking mutual fund advisors, relationship managers, and operations executives.
Mutual Fund and AMC employment zones in Chennai include Guindy, Ambattur MIDC, Sholinganallur, Anna Nagar, Nungambakkam, T. Nagar, Adyar, Velachery, Taramani, and Perungudi.
📋 Job Description
Jobzi is sourcing qualified candidates for Fund Accountant positions in Chennai's private Mutual Fund and AMC sector. This is a full-time opportunity with a reputed Mutual Fund and Asset Management employer in Chennai offering competitive salary, structured growth, and a professional work environment. Tamil communication skills are preferred alongside English for professional and business interaction in Chennai.
📌 Key Responsibilities
- Compute daily NAV for assigned mutual fund schemes in compliance with SEBI valuation guidelines
- Prepare and review portfolio accounting entries including security purchases, sales, dividend accruals, and corporate actions
- Reconcile fund book balances with custodian records and R and T transaction data on a daily basis
- Maintain trial balance and scheme-level profit and loss accounts for all assigned funds
- Process income distribution entries and ensure accurate dividend payout calculations for IDCW scheme variants
- Coordinate with custodians, brokers, and R and T agents to resolve accounting discrepancies
- Support statutory audit, internal audit, and SEBI inspection by providing accurate fund accounting records and workpapers
🎓 Qualifications and Requirements
- Walk me through the daily NAV computation process for an equity mutual fund.
- What are the SEBI valuation norms for equity and debt securities in a mutual fund portfolio?
- How do you reconcile the fund book with custodian holdings?
- What accounting entries are passed for a dividend received from a portfolio company?
- Explain the difference between IDCW and growth options in terms of accounting treatment.
- What is the impact of a corporate action (bonus issue or stock split) on NAV computation?
- What fund accounting software have you used, and how do you ensure accuracy in daily NAV reporting?
- Good Tamil and English communication skills for team coordination and client interaction in Chennai.
✅ Required Skills
🏆 Certifications and Qualifications
NISM Series V-A (Mutual Fund Distributor) for distribution and sales roles; NISM Series XV (Research Analyst) for equity research roles; CFA (Chartered Financial Analyst) Level I/II for fund analyst and portfolio management roles; CFP (Certified Financial Planner) for wealth management roles; AMFI Registration Number (ARN) for sales and distribution roles; NISM Series X-A (Investment Adviser Level 1) for advisory roles; FRM (Financial Risk Manager) for risk management roles in AMCs; CA or CMA for compliance and fund accounting roles
Frequently Asked Questions
What kinds of mutual fund and AMC jobs are available in Chennai?
Chennai offers a wide range of mutual fund and AMC roles including investor services, KYC compliance, fund accounting, equity and fixed income research, risk analysis, sales and distribution, product management, and senior leadership positions such as fund manager and zonal sales manager. Private AMC branch offices, R and T operations centres, and mutual fund distribution firms across Nungambakkam, Anna Nagar, T. Nagar, and Velachery are active hiring hubs for these roles throughout the year.
Which certifications improve hiring chances for mutual fund jobs in Chennai?
NISM Series V-A (Mutual Fund Distributor) is the baseline requirement for most sales and distribution roles and is mandatory for AMFI Registration Number (ARN) holders. CFA Level I or II significantly strengthens research and fund management applications. CA or CMA qualifications are valued for compliance and fund accounting roles. NISM Series XV (Research Analyst) and FRM (Financial Risk Manager) are additional credentials that differentiate candidates applying for equity research and risk analyst positions in Chennai AMCs.
What is the career growth path in mutual fund and AMC companies in Chennai?
Entry-level candidates typically begin as investor services executives, operations executives, or KYC compliance executives before moving into mid-level roles such as relationship manager, fund accountant, or research analyst within two to four years. With strong performance and advanced qualifications like CFA or MBA Finance, professionals can progress to risk analyst, compliance officer, or product manager roles. Senior tracks lead to zonal sales manager, head of operations, or ultimately fund manager and CIO positions over a ten-to-twenty-year career span.
What does a Fund Accountant do in an AMC?
A Fund Accountant is responsible for computing daily NAV, maintaining portfolio accounting records, preparing trial balances, and reconciling fund books with custodian and R and T data. They process dividend accruals and corporate action entries, support statutory and internal audits, and ensure that all fund accounting is compliant with SEBI valuation norms. This role requires a strong foundation in accounting principles, familiarity with SEBI mutual fund regulations, and proficiency in fund accounting systems and MS Excel.
What qualifications are preferred for Fund Accountant roles in Chennai AMCs?
A B.Com degree with a strong accounting foundation is the minimum qualification for entry-level fund accountant roles. CA Inter qualification significantly improves hiring prospects and salary offers. Some AMCs also consider MBA Finance candidates with relevant internship experience. Knowledge of SEBI valuation norms, daily NAV computation, and portfolio reconciliation is expected. Candidates who have cleared CA Final or hold a full CA qualification can be considered for senior fund accountant or assistant fund manager positions.
What is the salary range for a Fund Accountant in Chennai mutual fund companies?
Fund Accountants in Chennai AMC offices typically earn between Rs.22,000 and Rs.35,000 per month at the entry level, with B.Com graduates starting at the lower end and CA Inter candidates earning more. With three to four years of fund accounting experience and proficiency in NAV computation and portfolio reconciliation, salaries range from Rs.38,000 to Rs.52,000 per month. CA-qualified fund accountants or those with CMA credentials command higher compensation and faster career progression.
What is the salary for Fund Accountant in Chennai Mutual Fund and AMC in
A Fund Accountant in Chennai earns between Rs.24,000 and Rs.54,000 per month in July 2026, depending on experience, skills, and employer.
What experience is required for Fund Accountant jobs in
0 - 4 Years of relevant experience is typically required for Fund Accountant positions in Chennai's private Mutual Fund and AMC sector.
வேலை விவரம் - தமிழில்
Chennai-ல் Fund Accountant வேலைவாய்ப்பு. மாத சம்பளம் ரூ.24,000 முதல் ரூ.54,000 வரை. 0 - 4 Years અனுபவம் தேவை. Mutual Fund and AMC-ல் Full Time பணி. ஆர்வமுள்ளவர்கள் Jobzi மூலம் விண்ணப்பிக்கலாம்.