Job Title: Finance & Accounts Manager – HFT / Prop Trading
Location: Mumbai
Experience: 5+ years
Qualification: Qualified Chartered Accountant (CA)
About the Role
We are a High-Frequency Trading (HFT) / Proprietary Trading firm seeking a qualified CA with prior experience in algorithmic trading or capital markets. The role will handle end-to-end accounting, taxation, and financial operations specific to prop trading and capital market activities.
Key Responsibilities
Accounting & Financial Reporting
- Maintain books of accounts as per Indian Accounting Standards (Ind AS)
- Accounting for proprietary trading activities, including derivatives, equities, and other capital market instruments
- Preparation of monthly, quarterly, and annual financial statements
- Handle audit coordination (statutory, tax, internal)
Trade & P&L Reconciliation
- Daily trade reconciliation with brokers, exchanges, and clearing corporations
- Reconciliation of P&L, margins, brokerage, exchange charges, and statutory levies
- Monitoring capital adequacy, margin utilization, and fund movements
Taxation (Direct & Indirect)
- Handling Income Tax compliance, advance tax calculations, TDS, and assessments
- GST compliance including returns, reconciliations, and notices
- Tax treatment of trading income, mark-to-market (MTM), and derivative transactions
Regulatory & Compliance Support
- Support compliance related to capital markets and proprietary trading entities
- Liaison with auditors, tax consultants, and regulators when required
- Ensure adherence to internal controls and risk policies
Desired Candidate Profile
- Qualified Chartered Accountant (CA)
- 5+ years of relevant experience, preferably with:
- HFT firms
- Algorithmic trading firms
- Proprietary trading desks
- Capital market or broking firms
- Strong understanding of:
- Prop trading accounting
- Capital markets & derivatives
- Trade lifecycle and settlement processes
- Advanced Excel skills; exposure to trading systems/back-office systems is a plus
- High attention to detail and ability to work in a fast-paced trading environment
Preferred Experience (Good to Have)
- Experience working with algo trading or HFT environments
- Exposure to exchange reporting (NSE/BSE/clearing corporations)
- Understanding of automation in reconciliation and reporting