Fund Accountant

Job Description:

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.

Your Profile:

- Preferred CA/CPA/CFA/CMA, Masters in Finance & Accounting or Graduates.

- 6 - 10 yrs experience in Financial Services / Capital Markets Industry with min 4+ yrs work experience in Private Equity 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 skill.