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Assistant Fund Accountant (1-2 yrs) |
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Written by MBA Jobs
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Tuesday, 09 March 2010 |
We are Delhi based Placement Consultancy empaneled with a large number
of leading companies. One of our client who is a leading private equity company is looking for someone for the role of Assistant Fund Accountant. Please find below the details for the said role
JOB DESCRIPTION
Job Title Assistant Fund Accountant – 1 position
Department Funds Administration
Reports To Fund Accountant / Senior Fund Accountant
Location Delhi
Elgiblty CA '08 and '09 batch / MBA (Finance) '08 and '09 batch
Background & Main Purpose of Role
Company Profile:
It is a leading private equity investor in emerging markets and has been investing
exclusively in these markets for nearly 60 years. They have US$3.5 billion of funds under management and over 100 investment professionals in 14 offices throughout Africa, China, Latin America, South and South East Asia. In the last ten years we have invested over US$2.9 billion in over 150 investee companies.
It is distinguished by its long history of investing in emerging markets, its global network of offices and relationships, its commitment to responsible investment and its reputation as a market leader associated with a number of groundbreaking transactions.
SSC
In 2006, It has set up a Shared Service Centre (SSC) in Delhi to service the business’ global administrative support requirements, one of the key functions based in the SSC is Funds Administration.
Funds Administration
Fund administration is a complex but crucial area, requiring strong accounting and numerical skills but also a broader ability to forecast ahead, think laterally, and provide the fund manager with the information needed to run the fund. The Funds Administration teams are responsible for recording all transactions across Actis Funds, cash management, Investor Reporting and the production of management/statutor y Accounts for each investor.
Key Success Factors
Guidance will be given initially but the expectation is that the candidate will be a self-starter who will want to pick up the ball and run with it as soon as s/he is able. If you bring the motivation and the technical competence, we will give you the space to flourish.
The successful candidate will need to be a fast learner and will be the sort of person with the initiative and drive to build a role and add value. People who lack energy and drive and the ambition to improve themselves and be excellent should not apply. Also, clock-watchers please do not apply. When the work demands it, you will be the type of person who will want to work every hour that it takes to produce excellence. We expect that successful candidate to be the type of person who will be restless unless continually improving what we do. Initiative will be applauded and rewarded if it moves our business forward. He should :
· Have a reputation for accuracy, technical capability and innovation
· Be able to deliver a reliable and consistent service level to customers
· Thorough team player
Skills and Competencies required:
· Excellent telephone manner and communication skills – as a business we are spread across multiple geographies and cultures. If you cannot interact and persuade and cajole by phone, do not apply.
· Excellent accounting acuity – do not apply if numbers are not an intuitive part of your DNA
· Able to manage a variety of personalities i.e. should be confident and assertive
· A track record of converting business objectives into practical service solutions
· Experience and Knowledge
Essentials
· A qualified accountant and/or recognised equivalent financial qualification
· Fluent written and spoken English
· Good audit background or thorough training in a reputed corporate
· Good knowledge of MS office, specially excel
Desired
· Knowledge of (PE) Fund Administration will be an advantage
· International experience especially in emerging markets
· Experience of multi jurisdictional accounting
Key Responsibilities (this list is not exhaustive)
The incumbent will be expected to:
· Assist in production of flawless quarterly reports for our investors
· Preparation of drawdown and remittance notices for our investors
· Build strong relationship with the investment team and be able to cater to special project work – ad hoc analyses of the portfolio / preparation of presentations to aid in decision-making as required
· Coordination with SPV administrators
· Assist in ensuring that the processing of Portfolio transactions is delivered to strict SLA standards e.g. disbursements, receipts and equalisation calculations
· Working with others, ensure that internal (portfolio) management information requirements are clearly articulated and delivered to Fund Managers on a regular basis
· Assist in the preparation of annual Partnership Accounts for the various LP’s being managed
· Assist Finance team in the computation of Management Company fees for budgeting and billing
· Support the maintenance of the investment performance track record
· Assist in effective payments of fund expenses and accounting for transactions
In case, you feel interested for the job then revert back with your updated profile at
smartrecruitindia@gmail.com
or call Madhur at 9899278789
or Kirti at 9899248636
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