Associate Executive - Fund Accounting

Is a global investor services group with deep expertise in private markets. We support investment managers,

asset owners and global businesses with the administration, compliance, governance, data and reporting that

their structures depend on.

Across 25 jurisdictions, our 6,500+ professionals combine technical strength, connected technology and human

understanding - the IQ and the EQ -to free clients from operational complexity and give them the peace of mind

to focus on their core business activities.

Our IQ is our technical, regulatory and operational expertise, underpinned by data, technology and coordinated

global delivery. Our EQ is our human partnership: understanding the business behind the numbers, the culture

behind the structures and the individuals behind the screens.

With more than US$950 billion of assets under administration, our global client base includes 13 of the world's top

15 private equity firms* and 19 of the top 25 private debt firms **.

One relationship connects our clients to the right expertise as needs evolve, helping them move forward with

clarity and confidence, wherever they operate.

To find out more about IQ-EQ visit iqeq.com

This Role

Provides fund accounting support for Alternative Investment Funds (AIFs), Private Equity, and Venture Capital funds, ensuring accurate NAV reporting, financial statement preparation, investor reporting, and fund operations while maintaining regulatory compliance, operational excellence, and strong client relationships.

What You Will Do

• You'll maintain fund books and records for Category I, II, and III AIFs, prepare NAV calculations, investor capital account statements, journal entries, accruals, reconciliations, and financial statements in accordance with Ind AS, IFRS, US GAAP, and applicable regulatory requirements.
• You'll manage fund accounting activities including capital calls, investor subscriptions, transfers, redemptions, distributions, management fee calculations, carried interest, GP commitments, waterfall calculations, and portfolio accounting for private equity, venture capital, and alternative investment funds.
• You'll monitor and record investment transactions across various instruments, including equity, CCPS, CCDs, debentures, and structured products, while maintaining investment registers, portfolio tracking reports, fair valuation adjustments, and realised and unrealised gain calculations.
• You'll serve as the primary contact for assigned clients and investors, preparing investor reports, responding to queries and due diligence requests, and coordinating with fund managers, investment teams, auditors, trustees, custodians, and internal stakeholders to support reporting, audit, and regulatory requirements.
• You'll ensure high-quality service delivery by meeting reporting deadlines, resolving reconciliation and valuation exceptions, supporting process improvement and automation initiatives, maintaining strong internal controls, and adhering to risk management and quality assurance standards.

What we offer

• Competitive Total Rewards Package: Comprehensive annual compensation including basic salary, HRA, special allowance, provident fund, gratuity, internet allowance, and food allowance.
• Health & Insurance Coverage: Medical insurance, group term life insurance, and personal accident insurance.
• Allowances & Support: Transportation/transport allowance and shift allowance.
• Paid Time Off: Generous leave policy to support work–life balance.

About You

• You hold a degree in Accounting, Finance, Commerce, or a related discipline and/or possess a relevant professional qualification.
• You have a minimum of 2 years of operational experience in fund accounting, preferably supporting Private Equity, Venture Capital, Alternative Investment Funds (AIFs), or similar investment structures.
• You possess strong knowledge of Ind AS, IFRS, US GAAP, fund accounting principles, NAV preparation, financial statement reporting, fund structures, and applicable accounting regulations.
• You have experience managing complex accounting activities, including capital activity processing, portfolio accounting, fee calculations, reconciliations, investor reporting, and financial reporting deliverables.
• You are proficient in fund accounting platforms such as PAXUS, Microgen, or Investran and demonstrate strong analytical, client management, communication, organisational, and problem-solving skills, with exceptional attention to detail and the ability to deliver accurate results within strict deadlines.

As a forward-looking business, sustainability is integral to our strategy and operations. Our sustainability

depends on us building and maintaining meaningful, long-term relationships with all our stakeholders -

including our employees, clients, and local communities - while also reducing our impact on our natural

environment.

There is always more we can, and should do, to improve - whether in relation to our people, our clients, our

planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a

changing and challenging global landscape. We're committed to fostering an inclusive, equitable and diverse

culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to

invest in growing our employees' careers, while our hybrid working approach supports our employees in

achieving balance and flexibility while remaining connected to their colleagues. We want to empower our

5,500+ employees - from 94 nationalities, speaking 41 languages across 25 countries - to each achieve their

potential. Through IQ-EQ Launchpad we support female managers launching their first fund, in an

environment where only 15% of all private equity and venture capital firms are gender balanced.

We're committed to growing long-term relationships with our clients and supporting them in achieving their

objectives. We understand that our clients' sustainability and success leads to our sustainability and success.

We're emotionally invested in our clients right from the beginning.