Fund Accountant

• Description
• Fund Accountant
• Location: Bangalore
• Department: Fund Services
• Vacancy Type: Permanent
• 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 Chartered Accountant (Freshers)
• •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