Fund Accountant
Designation: Senior Associate 1/2
Department: Fund Services – Private Equity
Location: Bangalore / Mumbai
Shift Timings: 7:00 PM – 4:00 AM (EST Shift)/ Nightshift
Profile: Private Equity Fund Accountant (Maker Role)
Roles & Responsibilities
- Perform end-to-end fund accounting activities for assigned Private Equity fund, including preparation and calculation of Net Asset Value (NAV).
- Prepare management fee and carried interest calculations, investor allocations, and expense accruals
- Draft and process capital call notices, distribution calculations, and distribution notices
- Prepare quarterly financial statements and supporting schedules
- Assist in the preparation of regulatory and statutory reporting packs in line with applicable timelines
- Perform position and cash reconciliations, investigate reconciling items, and resolve discrepancies
- Maintain fund accounting records, investor data, and supporting documentations
- Coordinate with clients and internal stakeholders to respond to data requests and routine client queries.
- Adhere to service level agreements (SLAs), internal quality standards, and compliance requirements.
Skills & Qualifications
- Bachelor of Commerce / Master of Commerce / MBA/ CA / CPA
- 2–6 years of experience in Private Equity fund accounting or Hedge fund administration.
- Working knowledge of NAV preparation, capital calls, distributions, management fee, and carried interest calculations.
- Understanding of Private Equity fund structures and partnership accounting.
- Experience in financial statement preparation under IFRS and/or US GAAP.
- Exposure to regulatory and investor reporting requirements.
- Proficiency in MS Excel; experience with fund accounting systems (e.g., Investran, eFront, Geneva) preferred.
- Strong attention to detail, ability to meet deadlines, and good communication skills for client coordination.