Fund Accountant

Associate/Senior Associate, Private Equity

Location: Bangalore

Department: Fund Services

Vacancy Type: Permanent

Work Timings: APAC

Work Mode: Hybrid

The position:

This position is for a member of the fund services team catering to 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

3-8yrs 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

Having Investran experience is a valuable advantage.

Demonstrable accomplishments relating to organizational change activities in a fast-paced environment

Having Investran experience is a valuable advantage.

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