Manager - Fund Accounting

Managerial Activities

• Lead, mentor, and manage a team of fund accountants and operations associates in executing daily fund accounting and operational activities for clients.
• Manage client relationships, address escalations, resolve operational issues and queries, and provide effective solutions in a timely manner.
• Ensure achievement of defined KPIs and KRAs while maintaining high service quality standards.
• Train new joiners and oversee the day-to-day activities of fund accounting associates through regular review, monitoring, and validation of work.
• Liaise with auditors during SOC audit engagements and support audit-related requirements.
• Support talent acquisition initiatives, including hiring, onboarding, and team management.

Core Activities

• Prepare monthly financial reporting packages for Private Credit Funds, including Net Asset Value (NAV) calculations, Statements of Assets & Liabilities, and Profit & Loss Statements.
• Develop hands-on expertise in resolving client and team queries related to fund accounting and operations.
• Manage daily reconciliations between the IVP Accounting tool and Custodian/Prime Broker records.
• Ensure accurate accrual of fund income and expenses, including management and performance fees, in compliance with applicable accounting standards.
• Process all capital activities accurately and within timelines, including subscriptions, redemptions, transfers, roll-ups, capital commitments, and capital calls.
• Manage daily cash flows related to trades and monitor overall fund liquidity and cash positions.
• Prepare investor and client reports, including audit confirmations, trade confirmations, and other reporting requirements.
• Communicate fund-related transactions effectively and collaborate closely with internal and external stakeholders to deliver accurate accounting packages.
• Assist with new client onboarding and implementation activities.
• Provide functional support for client configurations and data loading processes.
• Experience with Geneva/VPM will be an added advantage.
• Prior exposure to Private Credit operations will be preferred.
• Strong analytical and problem-solving skills with the ability to learn quickly.
• Excellent verbal and written communication skills.
• Ability to quickly understand concepts and grasp details with minimal supervision or information.
• Good understanding of the financial services domain, key market participants, and current market trends/scenarios.
• Strong knowledge of financial instruments and investment products.
• Comprehensive understanding of fund accounting processes, including trade booking, cash reporting, exception analysis, asset and cash reconciliations, and resolution of post-pricing issues.
• Advanced proficiency in MS Excel, MS PowerPoint, and MS Word.