: Senior Specialist / Lead – CCS Fund Accounting

Job Overview

We are seeking an experienced and highly analytical Fund Accounting Specialist to oversee and execute end-to-end investment fund accounting operations. The ideal candidate must possess deep expertise in

Net Asset Value (NAV) calculation , GL mapping and integration , complex reconciliations , fund conversions , and client onboarding

. You will be responsible for managing financial books, performing break investigations, handling FX spot/forward trade life cycles, and ensuring rigorous accounting standards across diverse investment fund structures.

Key Responsibilities

1. End-to-End Fund Accounting & NAV Calculation

- Perform accurate end-to-end accounting processing and compute precise Net Asset Value (NAV) calculations on a daily, weekly, or monthly basis.
- Maintain General Ledger (GL) and subledger accounting entries in strict compliance with GAAP/IFRS and accrual accounting principles.
- Manage balance sheet components, ensuring proper accounting for assets, liabilities, accruals, and partner/investor capital accounts.
- Execute accurate accrual accounting entries for interest, dividends, corporate actions, and fund expenses.

2. Reconciliations & Complex Recon

- Perform daily/periodic cash reconciliation and position reconciliation across prime brokers, custodians, and counterparties.
- Handle complex reconciliations involving multi-currency transactions, derivative instruments, and complex asset classes.
- Lead break investigation and troubleshooting to identify root causes of discrepancy, driving timely resolution of cash and position variances.

3. GL Mapping, Integration & Fund Conversion

- Lead GL mapping and GL integration initiatives when onboarding new accounting platforms, systems, or fund structures.
- Execute fund conversions , transitioning historic financial records, portfolio holdings, trial balances, and investor data from legacy systems or previous administrators smoothly.
- Participate actively in client onboarding – accounting ,



designing customized accounting operational setups, chart of accounts, and workflows for new clients.

4. Expense Management & Allocation

- Perform precise expense calculations and execute complex expense allocation methodologies across distinct fund series, share classes, or legal entities.
- Oversee expense budgeting , accrual tracking, vendor payment reconciliations, and cap/yield analysis for funds.

5. Trade Lifecycle & FX / Derivatives Accounting

- Monitor and process trades across the entire trade lifecycle , from execution through settlement to accounting post-trade operations.
- Account for foreign exchange transactions with a solid functional understanding of Spot & Forward contracts , including valuation, accounting for spot vs. forward rates, unrealized/realized FX gains/losses, and currency hedging instruments.

Mandatory Skills & Qualifications

- Core Accounting: Deep expertise in Fund Accounting / Investment Accounting , General Ledger (GL) & Subledger Accounting , and Accrual Accounting Concepts .
- Hands-on Experience Required:
- NAV Calculation and trial balance closure.
- Complex Reconciliations (Cash, Position, FX, and Multi-Currency Breaks).
- Fund Conversion and legacy data migration.
- End-to-End Accounting processes.
- Product & Domain Knowledge: Strong understanding of various Investment Funds and different Fund Types (Hedge Funds, Mutual Funds, Private Equity, Real Estate, ETFs, etc.).
- Financial Instruments: Functional grasp of the Trade Lifecycle , along with specialized knowledge of Spot & Forward contracts (Spot vs. Forward differentiation and valuation).
- Technical Integration: Proven experience in GL Mapping / GL Integration and setup of accounting systems.
- Client Onboarding: Hands-on experience in Client Onboarding – Accounting workflows and client migration.

Key Performance Competencies

- Solid analytical and problem-solving ability for break investigation / troubleshooting .
- High attention to detail in balance sheet reconciliation and expense budgeting/allocation.
- Excellent verbal and written communication skills to interact with custodians, prime brokers, auditors, and external fund managers.

📌 CCS Fund Accounting (Mumbai)
🏢 Akron Intel
📍 Mumbai