M&G India | AVP – Fund Accounting Oversight – Public Assets

Key responsibilities/ accountabilities

• The team plays a key role in delivering a centralised fund accounting function, ensuring the accuracy and integrity of outputs from third party administrators (TPAs).
• The role provides technical and accounting expertise, supports regulatory and structural change, and strengthens governance across the fund lifecycle.
• The role holder builds strong partnerships with TPAs and internal stakeholders to uphold M&G’s risk and control framework for fund accounting, reporting, expense oversight and ongoing charges.
• Lead the oversight team with accountability for NAV oversight and fund financial reporting oversight.
• Maintain close collaboration and integration with offshore partners, including India based colleagues.
• Deliver BAU oversight across technical areas within financial reporting, fund accounting and NAV oversight.
• Act as SME for fund accounting oversight, including Fund, Financial Reporting and Costs & Charges.
• Oversee error and risk validation, analyse control failures, direct remediation activity and support Risk and Compliance investigations.
• Drive continuous improvement across processes, controls and oversight.
• Manage internal and external stakeholder queries.
• Build and maintain relationships with TPAs, auditors and key internal partners.

Requirements

• Strong technical expertise in fund accounting, NAV oversight, pricing, financial reporting, and costs & charges, with knowledge of relevant accounting standards and regulations across jurisdictions (UK, Ireland, Luxembourg).
• Deep understanding of fund structures and products (e.g., ICVCs, Unit Trusts, SICAV, FCP, RAIF, ELTIF, LTAFs) and experience across UCITS and money market funds.
• Strong risk, controls, and governance mindset, with the ability to assess complex issues, challenge constructively, and make clear, well-informed decisions.
• Proven ability to operate effectively within an oversight model, engaging auditors and internal stakeholders to review and challenge fund outputs.
• Excellent analytical and problem-solving skills, with the ability to investigate issues, identify root causes, and drive resolution.
• Strong communication and stakeholder management skills, able to present complex topics clearly to both technical and non-technical audiences.
• Ability to work with autonomy, accountability, and sound judgement, contributing to team delivery and broader business outcomes.
• Focus on continuous improvement and strengthening control frameworks, with the ability to identify key risks and improvement opportunities.
• Min 10 years of experience in Fund accounting oversight or fund financial reporting oversight with at least 8 years in a supervisory or managerial role.
• Graduate/Postgraduate in Commerce, Accounting, or Finance. Professional certifications (e.g., CFA, CA, MBA Finance) are a plus.

M&G plc

M&G traces its origins to 1931, when it launched one of the first unit trusts in the United Kingdom. It became a separate listed company in October 2019, when Prudential plc completed the demerger of M&G plc and its shares were admitted to the main market of the London Stock Exchange. The group is based in the UK and manages savings and investments for retail and institutional clients. In India it operates through M&G Global Services Private Limited, set up in 2003, with offices in Powai in Mumbai and Viman Nagar in Pune. The India unit works with colleagues worldwide on business transformation, digital capability and operations. M&G plc itself does not offer financial services in India.

Finance hiring is mainly in Mumbai, with one treasury-systems role in Pune. Postings cover fund accounting oversight for private and public assets, balance sheet accounting, bond reporting, finance consolidation, treasury support on Kyriba, investment compliance, leveraged finance research and private markets research. Seniority runs from manager to vice president and head of function. The consolidation roles ask for a qualified CA with investment-industry experience (six years for one role and fourteen for the senior one), while others prefer CFA, CA, MBA Finance or FRM.

• Industry: Savings and investments: asset management, life and pensions, and wealth, with a focus on public and private markets
• Headquarters: London, United Kingdom (listed on the London Stock Exchange)
• In India: M&G Global Services Private Limited, established in 2003, with offices in Mumbai (Powai) and Pune (Viman Nagar) serving as the group's innovation and digital hub