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Vice President – Investment Accounting Services
full-timeMumbai

Summary

Location

Mumbai

Type

full-time

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About this role

We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003.

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. 

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G’s ambition to be the best loved and most successful savings and investments company in the world.

Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

Accountabilities/Responsibilities

Primary Responsibilities (including but not limited to):

Fund Accounting & Oversight

  • Lead the process in relation to NAV and fund accounting oversight (including costs and charges).
  • Establish and maintain robust governance frameworks, including KPIs, SLAs, and partner in regular service reviews.
  • Investigate and resolve complex accounting issues, escalations, and exceptions.  

Financial & Regulatory Reporting

  • Oversee preparation and review of fund financial statements in compliance with applicable accounting standards (e.g., IFRS, UK / Lux GAAP)  and regulatory reporting requirements.
  • Coordinate with auditors, custodians, and fund administrators to ensure smooth year-end reviews and regulatory audits

Operational Risk Management

  • Identify, assess, and mitigate operational risks within fund accounting processes.
  • Ensure adherence to internal controls, regulatory requirements, and industry best practices.

Stakeholder Management

  • Act as liaison between internal stakeholders (e.g., Portfolio Management, Compliance, Risk, Legal) and external service providers.  
  • Provide strategic insights and reporting to senior management and governance committees.  
  • Engage with the SMT, the Head of Investment Operations and the Investment Operations leadership team on area wide objectives

Leadership

  • Contribute to strategic planning and execution of initiatives aligned with the firm’s investment operations and growth objectives.
  • Represent the fund accounting function in cross-functional forums and regulatory engagements. 
  • Deliver periodic performance metrics, operational KPIs, and financial dashboards to senior management, highlighting process efficiency, control metrics, and exception trends
  • Partner with onshore teams to manage transition of work from global locations, ensuring process stability and knowledge transfer. 
  • Drive continuous improvement across teams through automation, digital adoption,  and workflow optimization. 
  • Lead and mentor a team of fund accounting  professionals, fostering a culture of accountability, innovation, and performance.
  • Provide inspiring leadership ensuring appropriate people development and people management framework is in place to enable staff to perform to the best of their abilities. 

Competence / Knowledge / Skills required

Education and experience Requirements:

  • Professional qualification: CA, CPA, MBA (Finance), or equivalent. 
  • 15+ years of experience (10+ years in leadership capacity) in asset management, including strategic planning and large-scale project delivery
  • Proven track record in managing global fund operations and transitioning work across onshore/offshore locations.
  • Strong knowledge of fund accounting, financial reporting, NAV processes, valuation controls, and investor operations. 
  • Expertise in UK/Lux GAAP, IFRS, CSSF and understand regulatory reporting . 
  • Proficiency in Excel (advanced) and exposure to AI-driven reporting tools (desirable).
  • Demonstrated ability to lead cross-functional teams and drive transformation initiatives.
  • Excellent communication, presentation, and stakeholder management skills in matrixed environments.
  • Strong analytical, financial, and change management capabilities.
  • Ability to mentor talent and build a leadership pipeline.
  • Willingness to travel globally as required

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

Other facts

Tech stack
Fund Accounting,NAV Oversight,Financial Reporting,Regulatory Reporting,Operational Risk Management,Stakeholder Management,Strategic Planning,Continuous Improvement,Team Leadership,IFRS,UK GAAP,Lux GAAP,Change Management,Automation,Digital Adoption,People Development

About M&G plc

Welcome to 10FA India Private Limited.
Formerly known as Prudential Global Services Private Limited.

We are M&G plc's capability centre based in Mumbai, initially started as a back-office operational support to the UK business unit.

However, over the recent years, we have significantly increased the breadth and depth of our capabilities and offerings to keep pace with the changing needs of the Group. These include Digital & Knowledge Services, Finance and Actuarial, Information Technology (IT), Customer Service, Risk and Audit.

Our core purpose is to be a strategic partner to M&G plc, enabling growth by delivering change and driving synergies through a highly capable and agile workforce.

With our diversified service offerings we provide our people with exciting opportunities to grow personally and professionally.

M&G plc is a leading savings and investments business serving around 5.5 million retail customers and more than 800 institutional clients.
It’s innovative asset management and customer solutions are supported by extensive investment capabilities, an international distribution network and two strong brands: Prudential and M&G Investments.

Team size: 501-1,000 employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 2002

What you'll do

  • The Vice President will lead the fund accounting and oversight process, including NAV calculations, establishing governance frameworks, and resolving complex accounting issues. Responsibilities also include overseeing financial and regulatory reporting compliance and managing operational risks within fund accounting processes.

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Frequently Asked Questions

What does a Vice President – Investment Accounting Services do at M&G plc?

As a Vice President – Investment Accounting Services at M&G plc, you will: the Vice President will lead the fund accounting and oversight process, including NAV calculations, establishing governance frameworks, and resolving complex accounting issues. Responsibilities also include overseeing financial and regulatory reporting compliance and managing operational risks within fund accounting processes..

Why join M&G plc as a Vice President – Investment Accounting Services?

M&G plc is a leading Financial Services company.

Is the Vice President – Investment Accounting Services position at M&G plc remote?

The Vice President – Investment Accounting Services position at M&G plc is based in Mumbai, India. Contact the company through Clera for specific work arrangement details.

How do I apply for the Vice President – Investment Accounting Services position at M&G plc?

You can apply for the Vice President – Investment Accounting Services position at M&G plc directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about M&G plc on their website.