Fund Accounting - Assistant Manager

Fund Accounting at PE funds

Mandatory Experience

Fund accounting at PE funds : [PA1]  

• Strong experience in preparation of fund financial statements under Indian GAAP, IFRS/Ind AS or US GAAP

• Strong experience in delivery of month end PnL & NAV in an accurate and timely manner.

• Strong experience in preparation of NAV Pack & Investor Allocation.

• Relevant experience in Fund accounting using Investran/ Lemonedge tool

• Experience in booking of daily journal entries, management fee calculation, accrued expenses reimbursement calculations, valuation of investments, financial and investor report preparation, and ad hoc reporting.

• Strong experience in performing process capital calls and distributions and waterfall distributions.

• Ensure that proper accounting policies, procedures, and internal controls are maintained to safeguard the assets of the company and to ensure that all financial transactions are recorded in accordance with GAAP standard (Indian GAAP, IFRS or US GAAP)

• Perform middle office functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking client's contributions & redemptions etc.
• Review general ledger exceptions. Identify cause and make necessary adjustments.
• Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.
• Perform daily and monthly securities pricing analysis.
• Review and test the control process on a regular basis to deliver the quality service to clients.
• Create checklist for the process to ensure completeness, accuracy, and timeliness.
• Interact with client service teams to ensure timely and accurate communication of relevant financial information to clients. Coordinate internal audits and follow up with responsible parties.
• Experience in working on Investran and/or Lemonedge.

      Education –CA

Relevant Years of Experience – 2 to 4 Years or CA Fresher with articleship experience in Fund Financial Reporting.

      Hiring Location – Mumbai Only.