Associate/Senior Associate - Fund Accounting/Fund Reporting - BFS

Private Equity, fund accounting, fund reporting,

Role / Title - Associate / Senior Associate

Department - Private Equity

Reporting To - Manager / AVP

Location - Bangalore / Chennai

Education Background Any Graduate / Post Graduate

Experience Range 3 - 12 Years

ROLES & RESPONSIBILITIES:

- Investran Application experience will be added advantage

- Knowledge of private equity fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure

- Knowledge on the role of Investors' classes, GP class, carry class, Affiliated / Non-affiliated classes

- Recording investors commitments and knowledge on accounting of initial/subsequent/late closings

- Processing capital activities i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules. Processing and understanding the role of Master-feeder capital transactions

- Responsible for booking trading and non-trading transactions and finalizing books of accounts

- Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European & American waterfall methods

- Computation of management fees in various periods, preferred returns and carried interest computations

- Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple

- Handling Investor reporting, Fund level reporting and ILPA reporting

- Interacting with clients on various accounting/operational issues

- Bachelor's or Master's degree, CA or similar

- 3 - 12 years experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration

- Experienced in reviewing and preparing general ledger and financial statements

- Established knowledge in relation to accounting and consolidations under IFRS

- Excellent communication skills and proficiency in English (both verbal and written)

- A team player who is able to manage individual responsibilities

- Sound judgment, problem solving and analytical skills

Location - Bangalore & Chennai