Senior Fund Accountant
HybridChennai, Tamil Nadu, India
EXPIREDChennai, Tamil Nadu, IndiaHybridFull TimeSenior LevelTax SoftwareLarge
Full TimeSenior LevelLargeTax Software
Job Summary
Manage complex fund structures for Global Hedge Fund, Private Equity, and Debt Fund clients by recording investor commitments, processing capital activities, and booking trading and non-trading transactions. Prepare monthly and quarterly NAV workbooks, compute management fees and carried interest, and handle client interactions regarding operational issues. Work US shift hours (6pm–3am) in a hybrid role within a matrix organization. Requires 5-10 years of experience in Financial Services with 4+ years in Private Equity.
Required Qualifications
- Preferred Masters in Finance & Accounting or Chartered Accountant
- 5-10yrs experience in Financial Services / Capital Markets Industry with min 4+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
Desired Qualifications
- 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
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