Vice President- Private Equity Fund Accounting

Job Title – Vice President, Private Equity Fund Accounting

Location: Bangalore, Pune, (Hybrid- 4 days WFO, 1 day WFH) and for Gurgaon it is WFH

Shift : Night Shift

Reporting to: Head of Finance / Controller (or as applicable)

Team Managed: Assistant Vice President, Senior Fund Accountants, Fund Accountants

About the Role

We are seeking a strategic and transformational leader to head our Private Equity Fund Accounting function . This role is critical to ensuring financial integrity, operational excellence, and best-in-class investor servicing across a diverse portfolio of private equity funds, including buyout, growth, venture, co-invest, and secondaries strategies.

The Vice President will own the end-to-end fund accounting operating model , including financial reporting, capital activity operations, valuations, compliance, technology enablement, and people leadership. The role requires a seasoned professional with deep technical expertise, strong business acumen, and the ability to influence across senior stakeholders including Deal Teams, Investor Relations, Tax, Compliance, and external auditors.

This is a leadership position for a high-impact finance professional who thrives in complex, fast-paced, and evolving environments.

Key Responsibilities

1) Financial Reporting & Operations Leadership

• Lead monthly and quarterly fund close processes across multiple funds and vehicles.

• Deliver accurate and timely financial statements under US GAAP and IFRS .

• Oversee capital calls, distributions, equalizations, and side-letter economics.

• Ensure robust valuation processes under ASC 820 / IFRS 13 and oversee waterfall calculations including carried interest, preferred return, and catch-ups.

• Partner with Tax and Compliance teams to support AIFMD, Form PF, FATCA/CRS, and other regulatory filings .

• Establish and maintain global accounting policies, SOPs, and governance frameworks.

• Drive continuous improvement initiatives using Lean/Six Sigma principles to reduce cycle time and manual interventions.

2) Investor & Stakeholder Engagement

• Serve as the senior escalation point for LP queries and complex reporting matters.

• Build trusted relationships with internal and external stakeholders including auditors, administrators, and deal teams.

• Lead onboarding of new funds, investors, and transitions between administrators.

• Prepare executive-level dashboards, variance analyses, and board-ready materials.

• Ensure SLAs are met for reporting, capital activities, and investor communications.

3) Technology, Data & Controls

• Own and optimize the fund accounting technology roadmap, including GL, waterfall, and BI tools.

• Drive automation across capital calls, distributions, and carried interest calculations.

• Establish strong data governance frameworks with standardized data architecture.

• Implement SOX-style controls, segregation of duties, and audit trails.

• Build scalable operating models capable of supporting multi-currency and complex fund structures.

4) People Leadership & Culture

• Lead, mentor, and develop a high-performing global team.

• Build succession plans and structured career development pathways.

• Optimize workforce planning across onshore and offshore teams.

• Promote a culture of accountability, continuous learning, and psychological safety.

• Support professional certifications (CPA/ACA/CFA) and technical upskilling.

Key Performance Indicators (KPIs)

• On-time delivery of financial statements and investor reports

• Reduction in close cycle time and manual touchpoints

• Strong audit outcomes with minimal adjustments

• High stakeholder satisfaction (LPs, Deal Teams, IR, Auditors)

• Team engagement and low attrition

• Successful fund launches and system transformations

Qualifications & Experience

• Education: Bachelor’s/Master’s in Accounting or Finance; CPA/ACA preferred

• Experience: Minimum 14+ years in Private Equity or Alternative Investments

• Proven experience managing multi-fund portfolios and complex structures

• Strong knowledge of US GAAP/IFRS, ASC 946, ASC 820, waterfalls, carried interest, equalizations, and side letters

• Hands-on experience with platforms such as Investran, Allvue, eFront, Yardi, Workiva, Power BI/Tableau, Alteryx/RPA

• Demonstrated ability to lead global teams and drive transformation initiatives

Core Competencies

• Operational Excellence – Process design, controls, automation, and continuous improvement

• Strategic Thinking – Aligning finance operations with firm-wide objectives

• Executive Communication – Ability to engage senior leadership and LPs

• Risk Management – Strong judgment in complex accounting scenarios

• Leadership & Influence – Ability to lead cross-functional teams and initiatives