FreeHire

CSC

Fund Accountant

Show

Function: Fund Services

Job Type: Permanent

Location: Mumbai

Shift: UK Shift

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 Masters in Finance & Accounting or Chartered Accountant

  • 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

  • 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