Fund Accounting | Direct position with CSC Global

Hi Dear,

Greetings..!!

We are hiring for a Manager of Fund Accounting role with CSC Global on the direct payroll.

PFB details

Exp 7-15 Yrs

Skill Strong experience in private equity fund accounting, NAV calculations, and financial statement preparation.

Notice Period 60 Days

Job location Bangalore

Shifts: UK Shift / US Shift

JD

Position:

This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity & Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with specialized accounting services.

Responsibilities:

Knowledge of private equity/ debt 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 (optional)

Interacting with clients on various accounting/operational issues

Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments

As People Manager:

Day to day supervision of direct reports in the team. Ensure that all operational and people management issues are dealt with in a timely manner.

Strong communication and interpersonal skill.

Ensure operational control, identify failures and provide solutions

Grooming team members.

Training on clients and processes and troubleshooting/problem solving and willing to work on multiple shifts.

Assisting team members to meet their objectives; provide them with constructive & timely feedback.

Playing an important role in the appraisal process of goal setting, mid-year and year end performance appraisal for the team

Timely escalation of issues to the senior management.

Identifying training needs for the team members (Functional as well as Soft Skills)

Ensuring that individual team members are aware of the policies, controls and procedures that apply to their role

Ensuring that the team has appropriate backup in place to manage leaves

Formulating the necessary controls in clients and processes to ensure efficient and error free client deliverables

Always Willing to learn new process and take additional task / responsibility across the team

Profile Requirement:

Preferred Masters in Finance & Accounting or Chartered Accountant

10-15 yrs experience in Financial Services / Capital Markets Industry with min 5+yrs work experience in Private Equity / Financial Reporting

Experience in working across country lines and operating in a global, multinational organization, ideally in a matrix structure

Demonstrable accomplishments relating to organizational change activities in a fast-paced environment

Willing to work in fast paced dynamic industry

Positive attitude, team player, pro-active and ready to accept challenges

Excellent verbal and written communication skills