hedge fund accountant

<div><p><b>Senior Associate, Funds
</b></p><p><b>Location: Mumbai
</b></p><p><b>Department: Fund Services
</b><br>
<b>Vacancy Type: Permanent
</b></p><p><b>Work Timings: UK Shift
</b></p><p><b>Work Mode: Hybrid
</b></p><p><b>The position:
</b></p><p>This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity &amp; Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with specialized accounting services<br>
</p><p><br>
<b>Roles &amp; Responsibilities:
</b></p><ul><li>You will be involved in trade life-cycle including trade booking, pricing and corporate actions
</li><li>Custodian/Prime broker reconciliation to identify and resolve any trade related discrepancies
</li><li>Liaising with prime brokers/ custodian/ funds middle office teams for trade confirmation, settlements, treasury management and reconciliations
</li><li>Responsible for accounting trading and non-trading transactions &amp; maintaining book of accounts
</li><li>Record and maintain investors&rsquo; commitment, capital calls, drawdowns, distributions and liquidation. Prepare call &amp; distribution notices, payment details and related schedules
</li><li>Process capital activities, i.e. subscription, redemption, transfers, switches
</li><li>Allocation of investors&rsquo; economic interest, computation of management fees, performance fees, high watermark, preferred return, carried interest and preparation of investor statement
</li><li>Preparation of financial statements along with periodic NAV calculation while maintaining working papers for the funds and investor economic allocations
</li>Regular connects with funds finance and operations team<br>
<li>
</li></ul><p></p><p><b>You&rsquo;re Profile:
</b></p><ul><li>Qualified Chartered Accountant
</li><li>Willing to work in fast paced dynamic industry
</li><li>Positive attitude, team player, pro-active and ready to accept challenges
</li><li>Excellent verbal and written communication skills</li></ul></div>

Fund Accountant

<p></p><div><p><b>Function: Fund Services
</b></p><p><b>Job Type: Permanent
</b></p><p><b>Location: Bangalore
</b></p><p><b>Shift: Night Shift
</b></p><p><b>Work Mode: Hybrid<br>
</b></p><p></p><p><b>Position:<br>
</b></p><p></p><p>This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity &amp; Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with specialized accounting services.<br>
</p><p></p><p><b>Responsibilities:
</b></p><ul><li><p>Knowledge of private equity/ debt fund structures designs &amp; hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure
</p></li><li><p>Knowledge on the role of Investors&rsquo; classes, GP class, carry class, Affiliated / Non-affiliated classes.
</p></li><li><p>Recording investors commitments and knowledge on accounting of initial/subsequent/late closings.
</p></li><li><p>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
</p></li><li><p>Responsible for booking trading and non-trading transactions and finalizing books of accounts.
</p></li><li><p>Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European &amp; American waterfall methods
</p></li><li><p>Computation of management fees in various periods, preferred returns and carried interest computations
</p></li><li><p>Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple
</p></li><li><p>Handling Investor reporting, Fund level reporting and ILPA reporting (optional)
</p></li><li><p>Interacting with clients on various accounting/operational issues
</p></li><li><p>Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments<br>
</p></li></ul><p></p><p><b>Profile Requirement:<br>
</b></p><p></p><ul><li><p>Preferred CA/CPA/CFA, Masters in Finance &amp; Accounting.
</p></li><li><p>3+yrs of experience in working across country lines and operating in a global, multinational organization, ideally in a matrix structure.
</p></li><li><p>Demonstrable accomplishments relating to organizational change activities in a fast-paced environment.
</p></li><li><p>Willing to work in global shifts.
</p></li><li><p>Excellent verbal and written communication in English &amp; Strong problem-solving skills.</p></li></ul></div><p></p>

<p></p><div><p><b>Function: Fund Services
</b></p><p><b>Job Type: Permanent
</b></p><p><b>Location: Bangalore/Mumbai
</b></p><p><b>Shift: Night Shift/UK
</b></p><p><b>Work Mode: Hybrid
</b></p><p><b>Position:
</b></p><p>This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity &amp; Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with specialized accounting services.
</p><p><b>Responsibilities:
</b></p><ul><li><p>Knowledge of private equity/ debt fund structures designs &amp; hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure
</p></li><li><p>Knowledge on the role of Investors&rsquo; classes, GP class, carry class, Affiliated / Non-affiliated classes.
</p></li><li><p>Recording investors commitments and knowledge on accounting of initial/subsequent/late closings.
</p></li><li><p>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
</p></li><li><p>Responsible for booking trading and non-trading transactions and finalizing books of accounts.
</p></li><li><p>Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European &amp; American waterfall methods
</p></li><li><p>Computation of management fees in various periods, preferred returns and carried interest computations
</p></li><li><p>Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple
</p></li><li><p>Handling Investor reporting, Fund level reporting and ILPA reporting (optional)
</p></li><li><p>Interacting with clients on various accounting/operational issues
</p></li><li><p>Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments<br>
</p></li></ul><p></p><p><b>Profile Requirement:
</b></p><ul><li><p>Preferred CA/CPA/CFA, Masters in Finance &amp; Accounting.
</p></li><li><p>3+yrs of experience in working across country lines and operating in a global, multinational organization, ideally in a matrix structure.
</p></li><li><p>Demonstrable accomplishments relating to organizational change activities in a fast-paced environment.
</p></li><li><p>Willing to work in global shifts.
</p></li><li><p>Excellent verbal and written communication in English &amp; Strong problem-solving skills.</p></li></ul></div><p></p>

Senior Fund Accountant

State Street

<div><div>Responsibilities:</div><ul><li><div>
Undertake the following, with a goal of 100% accuracy, timeliness and completeness:</div></li><li><div>
Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned funds</div></li><li><div>
Assist and train others in your team with their NAV calculation and problem resolution</div></li><li><div>
Design and implement operational efficiencies</div></li><li><div>
Reconcile cash daily (no unresolved discrepancies)</div></li><li><div>
Reconcile portfolio positions daily (including equities, bonds, swaps, options, foreign exchange, futures and other evolving derivative instruments)</div></li><li><div>
Accrue income and expenses daily</div></li><li><div>
Analyze and validate traders' profit and loss statement daily</div></li><li><div>
Analyze and validate position market values daily</div></li><li><div>
Post accounting entries to the general ledger daily</div></li><li><div>
Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations</div></li><li><div>
Research and resolve differences between accounting and trade entry systems daily.</div></li></ul><div></div><div>
Experience Requirements:</div><ul><li><div>
Minimum of 2+ years of Fund Accounting experience</div></li><li><div>
Knowledge of securities language and legal requirements</div></li><li><div>
Good interpersonal and organizational skills.</div></li><li><div>
Some understanding of operational functions within Hedge / Mutual Fund Accounting.</div></li></ul><div></div><div>
Education Requirements:</div><div></div><ul><li><div>
Novice to Competent with a bachelor&rsquo;s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred.</div></li><li><div>
Proficient with Microsoft Office Products (Excel, Word)</div></li><li><div>
Comfortable working in Night shifts Information Classification: Confidential Information Classification: Limited Access</div></li><li><div>
Excellent communication, organization, interpersonal planning, and analytical skills</div></li></ul><div></div><div>
About State Street</div><div></div><div>
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we&rsquo;re making our mark on the financial services industry. For more than two centuries, we&rsquo;ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data &amp; analytics, investment research &amp; trading and investment management to institutional clients.</div><div>
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You&rsquo;ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.</div><div>
Inclusion, Diversity and Social Responsibility. We truly believe our employees&rsquo; diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.</div><div>
State Street is an equal opportunity and affirmative action employer.</div><div>
Discover more at StateStreet.com/careers</div><div></div><div>
About State Street</div><div></div><div>
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.</div><div></div><div>
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you&rsquo;ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.</div><div></div><div>
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.</div><div></div><div>
Discover more information on jobs at <div>StateStreet.com/careers</div></div><div></div><div>
Read our <div>CEO Statement</div></div></div>

Fund Accounting, Associate 2

<div><div>Responsibilities:</div><ul><li><div>
Undertake the following, with a goal of 100% accuracy, timeliness and completeness:</div></li><li><div>
Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned funds</div></li><li><div>
Assist and train others in your team with their NAV calculation and problem resolution</div></li><li><div>
Design and implement operational efficiencies</div></li><li><div>
Reconcile cash daily (no unresolved discrepancies)</div></li><li><div>
Reconcile portfolio positions daily (including equities, bonds, swaps, options, foreign exchange, futures and other evolving derivative instruments)</div></li><li><div>
Accrue income and expenses daily</div></li><li><div>
Analyze and validate traders' profit and loss statement daily</div></li><li><div>
Analyze and validate position market values daily</div></li><li><div>
Post accounting entries to the general ledger daily</div></li><li><div>
Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations</div></li><li><div>
Research and resolve differences between accounting and trade entry systems daily.</div></li></ul><div></div><div>
Experience Requirements:</div><ul><li><div>
Minimum of 2+ years of Fund Accounting experience</div></li><li><div>
Knowledge of securities language and legal requirements</div></li><li><div>
Good interpersonal and organizational skills.</div></li><li><div>
Some understanding of operational functions within Hedge / Mutual Fund Accounting.</div></li></ul><div></div><div>
Education Requirements:</div><ul><li><div>
Novice to Competent with a bachelor&rsquo;s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred.</div></li><li><div>
Proficient with Microsoft Office Products (Excel, Word)</div></li><li><div>
Comfortable working in Night shifts Information Classification: Confidential Information Classification: Limited Access</div></li><li><div>
Excellent communication, organization, interpersonal planning, and analytical skills</div></li></ul><div></div><div>
About State Street</div><div></div><div>
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we&rsquo;re making our mark on the financial services industry. For more than two centuries, we&rsquo;ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data &amp; analytics, investment research &amp; trading and investment management to institutional clients.</div><div>
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You&rsquo;ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.</div><div>
Inclusion, Diversity and Social Responsibility. We truly believe our employees&rsquo; diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.</div><div>
State Street is an equal opportunity and affirmative action employer.</div><div>
Discover more at StateStreet.com/careers</div><div></div><div>
About State Street</div><div></div><div>
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.</div><div></div><div>
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you&rsquo;ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.</div><div></div><div>
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.</div><div></div><div>
Discover more information on jobs at <div>StateStreet.com/careers</div></div><div></div><div>
Read our <div>CEO Statement</div></div></div>

Mancer Consulting Services

<div>
 <p>
  The Middle Office Operations team is responsible for ensuring accurate trade capture, reconciliation, and break management across Rates and Credit trading activities. This role requires strong product and trade lifecycle knowledge within a hedge fund or investment management environment. The position also includes leadership responsibility for a small team, ensuring operational excellence, robust controls, and timely delivery.
 </p>
 <p>
  <br/>
 </p>
 <p>
  Perform and oversee daily trade and position reconciliations for asset classes products.
 </p>
 <p>
  Identify, investigate, and resolve trade and cash breaks within defined timelines, escalating material issues as required.
 </p>
 <p>
  Ensure strict adherence to internal controls, operational procedures, and governance standards.
 </p>
 <p>
  Partner with global operations teams to ensure consistency in processes, reporting, and controls.
 </p>
 <p>
  Collaborate closely with the onshore team to execute the team roadmap, including long-term strategy, governance, and control enhancements
 </p>
 <p>
  Stakeholder Engagement
 </p>
 <ul>
  <li>
   Work closely with global Operations, Risk, and Technology teams to ensure data accuracy and timely reporting.
  </li>
  <li>
   Serve as the primary point of contact for Middle office operations in India.
  </li>
  <li>
   Provide clear communication to senior management on operational status, risks, issues, and improvement initiatives.
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Required Experience &amp; Skills
 </p>
 <p>
  Essential
 </p>
 <ul>
  <li>
   4&ndash;8 years of experience in middle office or operations roles within financial markets.
  </li>
  <li>
   Strong hands-on knowledge of asset classes products, including platforms such as Markitwire and/or Icelink/TradeServ.
  </li>
  <li>
   In-depth understanding of the trade lifecycle, reconciliations, and break management.
  </li>
  <li>
   Experience working within hedge fund operating models, including interaction with Prime Brokers and Clearing Brokers.
  </li>
  <li>
   Proven experience leading or supervising small teams.
  </li>
  <li>
   Strong control mindset with exceptional attention to detail.
  </li>
 </ul>
 <p>
  Desirable
 </p>
 <ul>
  <li>
   Experience with trade capture and reconciliation systems such as Gresham or Murex.
  </li>
  <li>
   Exposure to process automation, workflow tools, or data analytics.
  </li>
  <li>
   Advanced Excel skills.
  </li>
  <li>
   Prior experience within a hedge fund or asset management firm.
  </li>
 </ul>
 <p>
 </p>
</div>


Associate

Morgan Stanley

<div><p>Fund Accounting, Associate, Fund Services
</p><p></p><p>We&rsquo;re seeking someone to join our team as a Associate - w ill work very closely with Account Managers of Morgan Stanley Fund Services in ensuring proper NAV calculation of their hedge fund clients. They will also act on various requests made by the clients to update their portfolios on Morgan Stanley Portfolio Accounting (MSPA).
</p><p></p><p>Established in 2004, Morgan Stanley Fund Services (MSFS) is a global business within the Institutional Equities Division (IED) that provides fund administration services for over $700billion in assets across 350+ hedge funds, private equity and large family offices clients. Our best-in-class offering includes accounting and investors services, portfolio analytics, middle-office functions, regulatory and financial reporting, and tax services. Delivering these services to our clients and their investors is a diverse team of 1,400 highly skilled employees across the globe based in New York, London, Glasgow, Dublin, Mumbai, Bengaluru, and Hong Kong. Joining MSFS, you will discover a dynamic environment where every day offers new opportunities for personal growth and innovation. Here at MSFS your career isn&rsquo;t just a job, it&rsquo;s an incredible journey fueled by collaboration, challenge, and the chance to make a meaningful impact to our business, our clients, their investors and the wider Morgan Stanley franchise.
</p><p></p><p>The MSFS Accounting group offers a dynamic, client-focused environment providing comprehensive portfolio accounting services&mdash;including daily reconciliations, NAV calculations, and daily/weekly return estimates. We bring together sophisticated systems supporting diverse fund structures and incentive arrangements with a highly specialized team with expertise in hedge funds, private equity, audit, and prime brokers. Collaboration, precision, and innovation define the department, ensuring accuracy and timeliness for clients while fostering professional growth across all levels of our diverse global team. MSFS Accounting provides a fast-paced, intellectually stimulating environment ideal for ambitious individuals looking to engage with complex financial products &amp; data, cutting-edge processes, and high-performing colleagues. Join us to be part of a team where expertise and excellence drive success for our clients and your career.
</p><p></p><p>Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
</p><p></p><p>What you&rsquo;ll do in the role:
</p><p></p><p>Provide Accounting solutions to Hedge Funds for independent valuation, investor transparency and regulatory compliance.
</p><p>&middot; Calculation of daily NAV.
</p><p>&middot; Review MSPA to custodian reconciliations. Identify and determine cause. Notify Account Manager of breaks. If break is due to an erroneous or missing transaction in MSPA then make necessary adjustments.
</p><p>&middot; Perform middle office functions including P&amp;L analysis, daily cash projections, calculations of FX transfers required for funding, checking client&rsquo;s contributions &amp; redemptions etc.
</p><p>&middot; Review general ledger exceptions. Identify cause and make necessary adjustments.
</p><p>&middot; Verify performance by reviewing large P&amp;L swings and analyzing income/expense journals for validity.
</p><p>&middot; Adjust activity as necessary for performance (MSPM) processing and reporting.
</p><p>&middot; Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.
</p><p>&middot; Process non-automated transactions including OTC derivatives and their related cash movements.
</p><p>&middot; Perform daily and monthly securities pricing analysis.
</p><p>&middot; Validate and process corporate action data.
</p><p>&middot; Providing audit support and assistance to funds in the preparation on financial statements.
</p><p>&middot; Assistance with compliance functions.
</p><p></p><p>What you'll bring to the role:
</p><ul><li><p>At least 1+ years prior work experience &ndash; preferably in financial services.
</p></li><li><p>Knowledge of hedge fund processing is a strong advantage.
</p></li><li><p>Good administrative and organisational skills with a particular focus on accuracy and attention to detail.
</p></li><li><p>An ability to work under pressure and an ability to cope with increased workloads at month-end.
</p></li><li><p>An ability to work as part of a virtual team that is spread across different time zones and geographies.
</p></li><li><p>An ability to use key financial systems and other IT tools.
</p></li></ul><p></p><p><b>WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
</b></p><p></p><p>At Morgan Stanley, we raise, manage and allocate capital for our clients &ndash; helping them reach their goals. We do it in a way that&rsquo;s differentiated &ndash; and we&rsquo;ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren&rsquo;t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you&rsquo;ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There&rsquo;s also ample opportunity to move about the business for those who show passion and grit in their work.
</p><p></p><p>To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
</p><p></p><p>Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.</p></div><p></p>

Fund Accounting - Associate - Fund Services

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