Team Leader of Fund Accounting

Job Title: Team Leader of Fund Accounting

Function: Fund Services 

Job Type : Permanent 

Location : Mumbai

Shift        : APAC Shift 

Work Mode: Hybrid 

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. 

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 8+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 
• 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