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 strong accounting knowledge, analytical skills, and the ability to work in a dynamic workplace 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