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
Creating invoices within 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 three years of financial accounting experience preferably within multi-national organization, in similar department.
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.
Strong Proficiency in Microsoft Excel including spreadsheet upload, pivot tables and related functions
Skills and Abilities:
Proficiency in Excel, Word, PowerPoint & Outlook is mandatory.
Logical thinking and ability to understand and solve basic mathematical problems.
Ability to quickly pick up on internal systems.
Good Organizational skills excellent verbal and written communications skills.
Job Level - Individual Contributor
Work Shift Timing – 2:00 PM – 11:00 PM IST
Experience our welcoming culture and reach your professional and personal potential!
Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.
Hear more from our employees
By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.
Highlights of our benefits include:
Professional development growth opportunities through in-house classes and over 150 Web-based training courses
An educational assistance program to financially help employees seeking continuing education
Medical, Life and Personal Accident Insurance benefit for employees. Medical insurance also cover employee’s dependents (spouses, children and dependent parents)
Life insurance for protection of employees’ families
Personal accident insurance for protection of employees and their families
Personal loan assistance
Employee Stock Investment Plan (ESIP)
12 weeks Paternity leave
Onsite fitness center, recreation center, and cafeteria
Transport facility
Child day care facility for women employees
Cricket grounds and gymnasium
Library
Health Center with doctor availability
HDFC ATM on the campus
Learn more about the wide range of benefits we offer at Franklin Templeton
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.