Greetings from CES!!

As discussed, we do have an opportunity for you as a Senior Associate/Lead- Private Credit Fund Accounting, Hyderabad

Shift Timings: 2 PM to 11 PM IST/3:00 PM to 12:00 AM IST
Location: Hyderabad

We are looking for a mid-level fund accounting professional to join our Private Credit Fund Accounting/Private Equity Fund Accounting team. This role will support end-to-end accounting for closed-ended private credit funds, collaborating with internal teams and client-side stakeholders such as Fund Administrators, Relationship Managers, and Operations teams in the U.S. The role offers an opportunity to work on complex fund structures and gain hands-on experience in Private Credit operations.
The ideal candidate will have 5 years of relevant experience in Private Credit Fund Accounting/Private Equity Fund Accounting within the financial services industry. A solid understanding of credit fund structures such as Master-Feeder, SPVs, and Blockers is essential.
Key Responsibilities:
Support day-to-day fund accounting operations for private credit funds.
Assist in managing P&L; allocations across complex fund structures (Master-Feeder, SPVs, Blockers).
Perform or support calculations related to waterfalls, capital calls, and distributions.
Ensure adherence to operational procedures, checklists, and client-specific SLAs.
Prepare NAV packages and assist in monthly/quarterly financial reporting.
Support cash reconciliation, expense processing, and loan activity tracking (Term Loans, Revolvers, Unitranche, CLOs, etc.).
Record journal entries for interest accruals, PIK, amortizations, prepayments,



and other loan lifecycle events.
Assist with audit support, compliance reporting, and investor reporting deliverables.
Work with fund accounting platforms such as Investran, Geneva, or Efront.
Collaborate with team members to enhance process efficiency and contribute to SOP documentation.
Participate in system/process improvement initiatives and ongoing project work.
Qualifications & Experience:
Bachelor’s degree in Accounting, Finance, Business, or Economics (or equivalent).
Overall 7+ years of fund accounting experience, with at least 5 years in Private Credit Funds/Private Equity Funds. (Must Have)
Experience with Credit Fund Structures (Master-Feeder, SPVs, Blockers) (Must Have)
Hands-on with Cash Reconciliation, Expense Reimbursement. (Must Have)
Has worked on Term Loans / Revolvers / Unitranche / Bridge Loans / DDTL / CLOs. (Must Have)

Exposure to Loan Accounting including JE's – Interest Accruals, PIK, Paydowns, Prepayments, Defaults, Amortization of OID, Premium, Discount. (Must Have)

Understanding of Loan Lifecycle / Letter of Credit / Covenant Tracking / Loan Settlements. (Must Have)
Knowledge of capital calls, distributions, management fees, and PCAP allocations.
Understanding of performance metrics: IRR (Gross/Net), waterfall calculations, hurdle rate, catch-up, and carry.
Hands-on experience with financial statements and trial balances.
Experience using Investran or similar fund accounting platforms preferred.
Strong attention to detail, ability to work with multi-entity and multi-currency structures.
Valuable communication and collaboration skills.

📌 Senior Fund Accountant (Hyderabad)
🏢 CES
📍 Hyderabad