About this role
The role requires a detailed technical understanding of Private Equity funds, and the specific intricacies required in preparing financial statements, computing carry, private equity equalization and late closing interest. The role also requires detailed knowledge, through direct working experience, of waterfalls, IRR and other performance metrics (e.g. MoiC, DPI, TERs). The successful candidate will have extensive experience in preparing periodic and annual audited GAAP based financial statements specifically for Private Equity funds.
Responsibilities:
Prepare and review quarterly management accounts for client private equity funds.
Lead general client reporting requirements, understanding the structure of the existing reports and client service level standards and key performance indicators (KPIs).
Compute carry, equalization and late closing interest for funds administered. Prepare and review waterfall calculations.
Maintain and process accounting records through journals and other transactions to the general ledger and trial balance.




Manage and coordinate annual fund audits with external auditors and the client.
Review draft annual financial statements in accordance with IFRS, UK GAAP, US GAAP, Canadian GAAP and Lux GAAP depending on fund domicile.
Liaise with the tax team to ensure timely completion of tax engagements and appropriate charges and accruals are recorded in the financial statements.
Complete and review regulatory returns as and when required.
Develop a clear understanding of cash management function of the funds.
Work with and provide support to the treasury team as and when required including but not limited to review bank reconciliation, cash management reports, daily liquidity monitoring, invoice and payment releases
Involvement in vital team management and allocation planning
Training development and potential management of junior team members
Involvement in RFPs for current prospects and successful onboarding of new clients
Qualifi

📌 Associate - Fund Accounting (Bengaluru)
🏢 BlackRock
📍 Bengaluru