Fund Financial Reporting – Hedge and Private equities – IFRS, US GAAP & Lux Gaap
Position: Consultant / Assistant Manager
Expectation: Minimum 1-5 years of working experience into financial reporting for global hedge funds and private
equities along with Robust accounting basics and Knowledge on IFRs/ Ind AS and US GAAP requirements.
We expect the resource to be capable of comprehending the reporting requirements well and prepare/review the
financial statements and handle audit support with minimal support and guidance.
Knowledge & Skills required:
Strong analytical and communication skills.
Good working knowledge on Alternative Investments Fund Industry
Conceptual understanding of
NAV and GAV Calculation,
Income and expense allocations, PL allocations
Calculating Capital Calls and Distributions.
Calculating Quarterly Management and Incentive fees schedules along with High water Mark.
Thorough understanding along with working knowledge of reporting requirements and preparation of each of the core
statements of funds along with SOI and notes to accounts.
Understanding of various FSLIs in the financials and components to it
Knowledge of applicable disclosure requirements for hedge funds and Private equities under IFRS and US GAAP.
Conceptual clarity on Private equity investments and Derivatives like Forwards, Futures, Options Contracts, Swaps,
Swaption, etc.
Minimum relevant experience of 1-5 years into:
Extensive experience in preparation and review of financial statements of Hedge Funds and Private equities -–
manually on excel without use of software.
Experience in preparation of qualitative and quantitative notes for various disclosures in notes to accounts.
Understanding of various FSLIs in the financials and components to it
Experience in handling the preparation of SOI – understanding of the disclosure requirements and awareness of
practice nuances in its preparation.
PL allocations and Investor allocations
Calculation of various rolls (CMV, URGL, Investment) and experience in variance resolution.
Understanding and experience on topsides – common topsides and amortization requirements.
Financial Highlights.
Basic understanding of Investment Valuation techniques.
Working knowledge on accounting for Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc
Monthly and quarterly management reporting and year end financial reporting including support on audit closure.