Fund Accountant

Function: Fund Services

Job Type: Permanent

Location: Bangalore

Shift: Night Shift

Work Mode: Hybrid

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.

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
  

Profile Requirement:

• Preferred CA/CPA/CFA, Masters in Finance & Accounting.

• 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 global shifts.

• Excellent verbal and written communication in English & Strong problem-solving skills.