Fund Accountant

Description Fund Accountant Function: Fund Services Job Type: Permanent Location: Mumbai Work Mode: Hybrid Position: This position is for 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 master’s in finance & accounting or Chartered Accountant • Experience in Financial Services / Capital Markets Industry with min 4+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 • 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