Senior NAV Oversight Officer – M/W

Mission: The Senior NAV Oversight Officer is responsible for overseeing fund accounting and reporting activities for German investment funds serviced by SGSS under a dedicated Service Level Agreement. The role covers fund unit processing, fund distributions, tax-related activities, annual financial reporting, regulatory reporting (ECB and AWV) and oversight of offshore fund accounting operations to ensure timely and accurate delivery for UCITS and German Special Funds. The position acts as the primary subject matter expert for German fund accounting and reporting activities and serves as the main point of contact for clients, auditors and regulatory authorities. Fluency in German and English is required. Strong knowledge and proffiency in SimCorp Dimension (SCD) tool.

Tasks and responsibilities:

Daily / monthly fund unit activities (subscriptions & redemptions)

• Calculation and booking of subscriptions and redemptions for special funds; instruction to the custodians.

• Fund distribution processing in compliance with the regulations in force

• Responsible for processing and booking of complex fund distributions process

• Considers fund events and their impact on taxation (distribution, merger, tax reopening etc.).

• Produces the analysis of tax calculations (in cooperation with tax service provider)

Production of Annual Accounts (annual legal fund reporting) in compliance with the regulations in force

• Processing of fund events (fund launch, mergers, transfers, liquidations)

• Considers fund events and their impact on annual accounts

Production of ECB & AWV Reporting

• Create monthly ECB & AWV Reporting and provide reporting to authorities (Deutsche Bundesbank)

• Validate correction requests by the authorities and provide corrected reporting if needed

• Review and challenge accounting outputs produced by the offshore fund accounting team

• Perform oversight controls and ensure compliance with internal procedures and client requirements

• Escalate material NAV, accounting or reporting issues where appropriate

• Ensure SLA and KPI targets are met

Key responsibilities

• Communication with clients and other stakeholders to provide timely response to queries and prompt resolution of issues - assists and responds to customers on specific requests

• Coordination of annual audits and periodic reviews with fund auditors

• Contribute to continuous improvement of operational processes

• Periodic review and update of the procedures / creation of new SOPs where needed

• Responsible for coordination with third parties: regulators (BaFin, Bundesbank), certifiers and auditors (PwC & KPMG), data and service providers (WM Daten, ImageFactory, Bundesanzeiger, Fact GmbH, PwC)

• Strong knowledge of operational and regulatory requirements for German investment funds

• Distribution calculation and communication to the relevant authorities

• Contribute to client-related projects and the implementation of new reporting / services to the BAU environment. Manage ad-hoc requests and contribute to special projects, when needed

• Communication with clients and other stakeholders to provide timely response to queries and prompt resolution of issues

• Coordination of annual audits and periodic reviews with fund auditors where needed.