Senior Associate, Funds

Location: Bangalore

Department: Fund Services
Vacancy Type: Permanent

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-fundsat fund level, including elimination of intercompany balances and transactions.




- Support preparation and review of consolidated financial informationfor 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

📌 Fund Accountant (Bengaluru)
🏢 CSC (Corporation Service
📍 Bengaluru