Description

Manager of Fund Accounting
Location: Mumbai
Department: Fund Services
Vacancy Type: Permanent
Work Mode: Hybrid
Work Shift: UK Shift

Position:
This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity & Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with specialized accounting services.
Responsibilities:
- Knowledge of private equity/ debt fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure
- Knowledge on the role of Investors’ classes, GP class, carry class, Affiliated / Non-affiliated classes.
- Recording investors commitments and knowledge on accounting of initial/subsequent/late closings.
- Processing capital activities i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules.



Processing and understanding the role of Master-feeder capital transactions
- Responsible for booking trading and non-trading transactions and finalizing books of accounts.
- Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European & American waterfall methods
- Computation of management fees in various periods, preferred returns and carried interest computations
- Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple
- Handling Investor reporting, Fund level reporting and ILPA reporting (optional)
- Interacting with clients on various accounting/operational issues
- Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments

As People Manager:
- Day to day supervision of direct reports in the team. Ensure that all operational and people management issues are dealt with in a timely manner.
- Robust communication and interpersonal skill.
- Ensur

📌 Manager of Fund Accounting (Mumbai)
🏢 CSC
📍 Mumbai