Fund Accountant

Associate/Senior Associate/Assistant Manager \- Private Equity

Location: Mumbai/Bangalore/Chennai

Work Timings: US shift (6pm \- 3am)

Work Mode: Hybrid

• *The position:**

This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity \& Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with specialized accounting services

• *Roles \& Responsibilities:**

• Knowledge of private equity/ debt fund structures designs \& hierarchies, Special purpose vehicles, standalone funds, master\-feeder funds and the role of each entity in the fund structure
• Knowledge on the role of Investors’ classes, GP class, carry class, Affiliated / Non\-affiliated classes.
• Recording investors commitments and knowledge on accounting of initial/subsequent/late closings.
• Processing capital activities i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules. Processing and understanding the role of Master\-feeder capital transactions
• Responsible for booking trading and non\-trading transactions and finalizing books of accounts.
• Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European \& American waterfall methods
• Computation of management fees in various periods, preferred returns and carried interest computations
• Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple
• Handling Investor reporting, Fund level reporting and ILPA reporting (optional)
• Interacting with clients on various accounting/operational issues

Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments

• *You’re Profile:**

• Preferred Masters in Finance \& Accounting or Chartered Accountant
• 2\-10 yrs experience in Financial Services / Capital Markets Industry with min 2\+yrs work experience in Private Equity / Financial Reporting
• Experience in working across country lines and operating in a global, multinational organization, ideally in a matrix structure
• Demonstrable accomplishments relating to organizational change activities in a fast\-paced environment
• Willing to work in fast paced dynamic industry
• Positive attitude, team player, pro\-active and ready to accept challenges
• Excellent verbal and written communication skills