Fund Accountant

Function: Fund Services

Job Type: Permanent

Location: Mumbai

Work Mode: Hybrid

Position:

This position is for 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

Profile Requirement:
Preferred master’s in finance & accounting or Chartered Accountant
Experience in Financial Services / Capital Markets Industry with min 4+yrs
work experience in Private Equity / Financial Reporting
Experience in working across country lin

📌 Fund Accountant Mumbai (India)
🏢 CSC
📍 India