Job Title: Associate – Compliance & Accounts

Location: Mumbai (in office, Marine Lines)

Experience: 3+ years (AIF/ PE/ VC fund operations or fund accounting is preferred)

Qualification: CA (or Inter-CA)/ CS / MBA

About Promaft Partners ( https://www.promaft.com/ )

PROMAFT Partners is a venture capital firm dedicated to empowering entrepreneurs, employing technology, to scale disruptive innovations across diverse industries in India.

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Role Overview

We are looking for an Associate – Compliance & Accounts to join our team full-time, on-site. You will assist the fund ops team with the fund’s compliance, regulatory reporting, investor onboarding, and operational workflows, working closely with trustees, auditors, custodians, and portfolio companies.

Key Responsibilities

Regulatory & Secretarial

- End-to-end SEBI compliance (periodic & event-based) for Category II AIF
- Manage RBI/ FEMA filings (Invi , FLA etc.)
- Oversee fundlevel & Investment Manager level tax compliance (GST, TDS, Income Tax, ROC/MCA)
- Act as primary liaison with Trustee – prepare CTR, quarterly certificates & declarations
- Monitor regulatory updates and maintain an internal compliance calendar

Investor Onboarding & Governance

- Own KYC/ AML compliance (PMLA guidelines, KRA/ CKYC uploads, periodic remediations)
- Support LP communications – SOA, drawdown notices, distribution receipts, tax certificates (Form 64B/64C)

Fund Operations & Depository





- Coordinate with CDSL/ NSDL, RTAs – ISIN issuance, tripartite agreements, dematerialisation
- Track portfolio companies to ensure timely demat of equity/ convertible holdings
- Manage custodian, bank workflows – review NAV, capital calls, distributions, threeway reconciliations
- Manage fund flows, capital calls, manage trackers, manage master sheet of investors, drawdowns, onboarding etc
- Manage fund accounting in tally

Audit, Valuation & Reporting

- Manage statutory, PPM audits and other assurance assignments
- Preparation of financial statements
- Liaise with SEBIregistered valuers for periodic portfolio valuation;
- submit data to benchmarking agencies
- Maintain an institutionalgrade digital data room (compliance records, financials, constituent documents)

Qualifications & Skills

- Must have: CA/ Inter-CA or CS or MBA with 2-3 years of core experience (AIF compliance, PE/ VC fund operations, or dedicated fund accounting experience is referred)
- Excellent analytical, organisational, and communication skills
- Attention to detail and ability to interpret regulatory & financial data

Compensation & Benefits

- Salary commensurate with market standards
- Opportunity to work in a fastgrowing VC firm with direct exposure to fund governance and investor relations

Application:

If this role matches your profile, please write to us at [email protected]

📌 Associate - Compliance & Finance (Mumbai)
🏢 PROMAFT Partners
📍 Mumbai