Job Title: Fund Accountant/Senior Fund Accountant – Real Estate Fund Accounting

Location:
Hyderabad, India (Hybrid / Onsite)

About the Role
We are seeking detail-oriented and motivated Fund Accounting professionals to join our Real Estate Fund Accounting team. The role involves full-cycle fund accounting and reporting for Real Estate Private Equity funds, including both open-ended and closed-ended fund structures such as Master-Feeder, Co-investment, and Parallel vehicles. The ideal candidate will have robust accounting knowledge, analytical skills, and the ability to work in a dynamic environment managing multiple deliverables and deadlines.

Key Responsibilities
Core Accounting & Reconciliations
• Perform daily, monthly, or quarterly cash reconciliations between bank accounts, fund books, and investment records.
• Prepare and post journal entries for accruals, income, expenses, and capital activity.
• Ensure general ledger accuracy and support monthly/quarterly close processes. Fund Operations
• Process Capital Calls and Distributions, including allocation to Limited Partners and General Partners.
• Calculate and book Management Fees, Incentive Fees, and Expense Allocations based on fund agreements.
• Perform Partner Capital Allocations, ensuring accurate tracking of capital contributions, withdrawals, and earnings.
• Prepare and review NAV packages, investor reports, and financial statements.



Performance & Waterfall Calculations
• Calculate Fund Returns, IRR, and Performance Metrics at both fund and investor levels.
• Perform Waterfall and Carry calculations, including Catch-Up and Hurdle structures, ensuring compliance with partnership agreements. Investor & Audit Support
• Respond to Investor and Management requests in a timely and accurate manner.
• Provide support during external audits, regulatory reviews, and internal controls testing. Fund Structures Exposure:
• Open-ended and Closed-ended Funds
• Master-Feeder and Co-Investment Structures
• Real Estate Private Equity Funds with diversified portfolios Required Skills & Competencies:
• Strong understanding of Fund Accounting concepts and Private Equity/Real Estate fund structures.
• Hands-on experience with capital activity processing, waterfall models, and performance calculations.
• Proficiency in Excel, including advanced functions (knowledge of macros is a plus).
• Experience with accounting platforms such as Investran, MRI, or similar preferred.
• Excellent analytical, problem-solving, and communication skills.
• Strong attention to detail and ability to work independently under tight deadlines. Education &

Qualifications:
• Bachelor’s or master’s degree in commerce, Accounting, or Finance. Regards, Asheesh Pillay (phone hidden)

📌 Private Equity Fund Accounting (Hyderabad)
🏢 CES
📍 Hyderabad