Senior Associate, Funds
Location: Bangalore/Mumbai
Work Timings: UK Shift
Work Mode: Hybrid
Key Responsibilities
Fund Accounting & Financial Operations
Perform and/or review accounting activities for Luxembourg real estate fund structures (e.g. RAIF, SIF, SICAV/SICAF, SCSp).
Maintain accurate fund books and records in accordance with Lux GAAP and/or IFRS.
Calculate and review NAVs, capital accounts, management fees, performance fees, and other fund-level calculations.
Account for real estate-specific transactions including property acquisitions and disposals, rental income, development costs, and SPV-level activities.
Review Property Manager reporting packs, including rental income, operating expenses, accruals, and cash flow statements; investigate variances and ensure proper reflection in fund and SPV accounts.
Perform and/or review consolidation of SPVs and sub-funds at fund level, including elimination of intercompany balances and transactions.
Support preparation and review of consolidated financial information for internal reporting, investor reporting,



and statutory financial statements.
Investor Services & Capital Activity
Calculate and review performance fees / carried interest, including complex waterfall and hurdle rate calculations.
Prepare and process investor distributions, ensuring compliance with fund documentation.
Prepare PCAPs (Payment & Capital Account Statements) and investor notices.
Support capital calls, investor subscriptions, redemptions, and transfers.
Ensure accurate investor allocations and maintenance of investor registers.
Audit Assistance & Financial Close
Act as a key coordinator for the annual audit process, ensuring audits are completed accurately and within agreed timelines.
Prepare and review audit deliverables, including financial statements, supporting schedules, and audit evidence.
Liaise with external auditors, administrators, valuers, and internal stakeholders to resolve audit queries efficiently.
Monitor audit timelines, tr

📌 Fund Accountant (Bengaluru)
🏢 CSC
📍 Bengaluru