Middle Office Mumbai OnsiteAbout Us WHY Linedata Linedata is an award-winning software solutions company We believe finance matters to our society as much as energy to life and fueling financial transformation is vital for development and leadership We humanize technology We are passionate experts who provide investment management and credit communities with innovative user-friendly products which help their businesses grow in over 50 countries Our environment is international ego-free and relaxed We believe in building confidence through giving clear responsibilities to our team members and managing to given goals and targets We celebrate success and we enjoy each other s company We employ more than 1100 employees representing 40 nationalities spread throughout our offices in 14 countries We believe in mobility diversity teamwork Our mission is to continue to find new ways to create and build flexible mission-critical software and services and to stay on the cutting edge of the financial software space JOIN THE MOVEMENT We provide the investment management and credit communities with an innovative user-friendly suite of products that through detailed market and client insights help their business to grow in over 50 countries We are transforming the financial services community which is in constant evolution With our agility we make technology simple accessible for our users Let s work together to achieve the best solutions for our clients Chat with our insiders and learn more about your future role at Linedata Start the conversation here Commitment to Diversity We recognize celebrate and seek to increase diversity across our organization Diversity is an asset to organizations and is linked to better performance It is an integral part of how we do business and imperative to our success As an international Group we also believe that our people need to reflect our clients and local communities Linedata is an Equal Opportunity Employer We are committed to complying with all federal state and local laws providing equal employment opportunities and all other employment laws and regulations It is our intent to maintain a work environment that is free of harassment discrimination or retaliation based on an individual s race color religion religious creed national origin ancestry citizenship physical or mental disability medical condition genetic information marital status sex gender age sexual orientation veteran and or military status protected medical leaves domestic violence victim status political affiliation or any other status protected by federal state or local laws Background of role As a Team Lead in Fund Accounting for Private Credit you will manage a team responsible for loan-level accounting interest accruals portfolio activity and investor reporting for private credit and direct lending funds You will oversee accurate execution of loan servicing credit facility activity and fund financial reporting while mentoring junior staff and driving operational excellence Position Responsibilities The role will involve the following critical activities Supervise preparation and review of fund financial statements loan schedules NAVs and investor capital account summaries Review journal entries loan-level accruals amortization schedules and general ledger maintenance Ensure compliance with GAAP IFRS and Private Credit-specific accounting policies Oversee calculation of management fees performance fees carried interest and fund operating expenses Review monthly quarterly valuation of loans including interest PIK accruals OID amortization prepayment calculations and impairment assessments Oversee daily periodic loan servicing activities such as interest accruals cash movements repayments drawdowns and roll-forwards Review credit facility accounting revolvers term loans subscription lines and leverage facilities Monitor covenant compliance tracking and SOFR LIBOR updates for floating-rate loans Ensure accurate setup and maintenance of loan investment data pricing and valuation inputs Lead preparation and review of investor statements capital account allocations and performance reporting Oversee capital calls distributions equalizations and allocation of income fees and expenses Maintain and review investor capital accounts waterfall models and performance calculations Liaise with investor relations teams and respond to investor queries Manage guide and mentor a team of analysts and senior associates Delegate tasks effectively set priorities and track delivery against KPIs Conduct training and development sessions to enhance team capabilities Drive process automation standardization and efficiency improvements Ensure strong internal controls and issue remediation plans Coordinate with auditors fund administrators and internal control teams during audits Ensure all documentation checklists and reconciliations meet compliance requirements Identify and mitigate operational risks proactively Job Requirement Must Have Qualified Accountant or equivalent CA with 4 years experience in Fund Accounting OR MBA Finance with 6 years experience Strong understanding of fund accounting principles including NAV calculation income accruals loan valuation amortization OID Premium Discount and pricing Experience in Private Credit Direct Lending Loan Accounting Term Loans Mezzanine Senior Secured Loans Revolvers Ability to compute and review interest accruals PIK interest commitment fees prepayment penalties and amortization schedules Experience with accounting tools general ledger systems loan servicing platforms Robust interpersonal verbal and written communication skills Strong MS Office skills Ability to work under pressure and meet deadlines Advantageous SkillsExperience with WSO eFront Investran Geneva or similar systems Advanced Excel skills pivot tables formulas basic macros Strong analytical leadership and organizational abilities Experience managing multiple deliverables in a deadline-driven environment

📌 Team Lead - Fund Accounting - Private Credit (Maharashtra)
🏢 Linedata Services
📍 Maharashtra