Position Summary

Fund Accountant role is part of a team responsible for recording, reviewing, and reporting corporate and legal-entity activity that supports the broader fund platform, including debt, equity/capital activity, intercompany, holding company G&A;, and joint venture accounting.

Essential Duties

Manage day-to-day processing and approval workflow for invoices and fund/entity-related payables, including coding, supporting documentation, routing, and exception resolution.

Process, review, and reconcile capital activity (contributions, distributions, transfers, and reclasses) in the subledger; tie to bank activity and supporting documents, reconcile capital statements monthly, and investigate variances.

Execute monthly close activities for assigned funds/entities, including consolidations and eliminations performed within the system (property-level up to upper-level entities); validate entity roll-ups, mapping, and intercompany eliminations to ensure complete and accurate reporting.

Prepare and/or review monthly journal entries for debt activity across single-tranche and multi-tranche, fixed- and variable-rate debt, including interest rate swaps/hedge accounting where applicable; record interest accruals, amortization of deferred financing costs, and interest expense classification; reconcile debt schedules to supporting schedules and perform month-over-month variance analysis.

Perform fund-level G&A; and expense analytics (trend/variance, accrual reasonableness, and anomaly detection); summarize key drivers and follow up with business partners to resolve unusual items.

Maintain complete and well-organized fund workpapers and support schedules (balance sheet reconciliations, data completeness checks, rollforwards, and fluctuation analysis) that tie out to the GL/subledger and support internal controls and financial reporting requirements.

Support equity-method and non-controlling-interest accounting for joint ventures: the system calculates the equity pickup and performs shadow booking from JV partner trial balances; review JV financial packages, ownership allocations, and reconciliation of investment balances and related income/expense, and perform the related analysis.

Track and record equity transactions (contributions and distributions) properly within the system.

Complete monthly reconciliation and certification tasks in BlackLine, including preparation of account reconciliations,



self-certification of completed reconciliations for manager review and approval, clearing of reconciling items, and timely escalation of aging items.

Prepare, reconcile, and explain intercompany activity within a complex, multi-entity legal structure; ensure proper settlement and timely clearing, flagging intercompany activity for entities within the same tax structure as appropriate.

Partner with Transactions accounting to obtain information required to record acquisitions, dispositions, refinancings, and other one-time events; prepare supporting entries/schedules and ensure proper cut-off and documentation.

Support ongoing process improvement efforts: document procedures, identify control gaps, recommend standardization, and build/maintain templates that reduce manual work and rework.

Prepare audit-ready support for external auditors (PBC schedules, confirmations support, sampling requests) and internal stakeholders; ensure responses are accurate, well-referenced, and delivered on time.

Prepare and deliver GAAP-basis reporting support to BX/third-party administrators (close packages, trial balances, rollforwards, and tie-outs between reporting outputs and source systems) under tight month-end timelines; assist with inquiries and variance explanations as needed.

Operate effectively in a global delivery model: follow documented SOPs, provide clear status updates, maintain issue logs, and escalate breaks/risks promptly to onshore leads; ensure clean end-of-day handoffs and continuity across time zones.

Leverage technology to improve efficiency: build and enhance Excel models/templates, use Power Query or similar tools for repeatable data preparation, and safely pilot AI-enabled drafting/summarization for workpapers and communications while protecting confidential information and following company policy.

Execute and evidence key controls (including review sign-offs, reconciliation standards, and retention requirements); ensure work meets internal control expectations and is ready for management review.

Exercise independent judgment on routine determinations (e.g.,



accrual estimates, reclass characterization) as experience develops post-training, escalating complex or first-instance items for review.

Perform other duties and/or special projects as assigned.

Key Requirements

3+ years of relevant fund/real estate accounting experience (fund accounting, public accounting, corporate accounting, or financial reporting); prior fund accounting experience with audit exposure strongly preferred.

Bachelor's or master's degree in Accounting, Finance, or Commerce (B.Com/M.Com/MBA-Finance) required; CPA or equivalent (or progress toward) a plus.

Real estate industry experience preferred, including exposure to acquisitions/dispositions, joint ventures, and property-level to fund-level rollups.

Working knowledge of debt accounting across single- and multi-tranche, fixed- and variable-rate structures, including interest rate swaps/hedge accounting concepts.

Experience with fund accounting systems and close tools preferred (e.g., Yardi Investment Manager and/or other ERPs, subledgers, BlackLine or similar reconciliation platforms).

Advanced Excel skills (pivot tables, XLOOKUP/INDEX-MATCH, Power Pivot, complex formulas) and comfort working with large datasets.

Strong attention to detail and ownership mindset; consistently produces accurate work under close deadlines with minimal supervision.

Explicit written and verbal communication skills; able to summarize issues, document conclusions, and coordinate effectively with onshore/offshore stakeholders across time zones; comfortable responding quickly with a critical-thinking, self-starter mindset.

Demonstrated ability to follow and improve standard operating procedures (SOPs), maintain organized workpapers, and meet service-level expectations for turnaround time and quality, particularly during the intensified month-end close window.

Strong controls mindset: understands the importance of evidence, review, and audit trails; comfortable working in a controlled close environment with documented approvals.

Technology- and automation-oriented; willing to learn and responsibly use emerging AI tools to reduce manual effort (e.g., first drafts of reconciliations/memos, checklist creation, variance commentary) while adhering to confidentiality and security requirements.

Willing to take on new challenges and complex work as capability matures beyond initial training.

📌 Fund Accountant (Chennai)
🏢 RF Managed Services
📍 Chennai