Role

Private Equity Fund Administration (PEFA) provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds.

Evaluates and reconciles complex funds including mutual, commingled, and collective for production of client month-end reports or for daily valuation. Verifies complex transactions, audits income reports within scheduled timeframes and resolves exceptions on a daily basis for fund accounts

Core competencies and skills required

- Understanding of day to day operational activities of fund of fund investments & private equity.
- Liaison effectively with team members, internal groups and external counterparties
- Demonstrate through examples /evidence analytical ability, problem solving, day-to-day task management and escalation of issues
- Positive Accounting and financial reporting knowledge is must
- Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment.
- Ability to handle multiple tasks under extremely time sensitive conditions.

Major duties and key responsibilities

- To have a thorough understanding of the theoretical and technical nature of fund accounting and administration especially on Private equity
- Performing quality assurance checks on information received internally from other supporting functions
- Carry out relatively complex,



extensive, high profile transactions surrounding all PE Fund activity e.g. capital calls, distributions, investment purchases, divestments, carried interest calculations etc
- Ensuring deliverables are adhered to as per agreed SLAs.
- Working closely with home locations to resolve queries
- To create, maintain and update procedures for allocated funds
- Ensuring to comply with all controls and procedures outlined in the procedures manual and general company policies
- Preparation and signing off on NAV files to reviewer
- Working closely with the Team Leader and Section Managers for on-boarding new transitions from home locations
- Ensuring scheduled work is completed by agreed deadlines and checklists are duly signed.
- To identify efficiencies and areas for improvement to reduce risk and become more efficient
- Ensuring that technology available is being fully utilized in the most efficient manner
- To ensure full and proper reporting to the manager of any operational issues
- Where delays are expected flag any service delivery issues as early as possible
- Lead/participate in implementing new technology and efficiency initiatives/projects as needed.

Education and Qualifications:

Fresher CMA, CPAs or relevant 2+ years of PE/FR experience with master Degree

📌 Private Equity Fund Accounting (Pune)
🏢 Northern Trust
📍 Pune