Manager of Fund Accounting

Assistant Vice President, Private Equity
Location: Mumbai/Bangalore
Vacancy Type: Permanent
Work Timings: EMEA/Americas
Work Mode: Hybrid

The position:
The main objective of the individual is to work closely with the Loan Operations group to support and deliver. The role requires strong Excel, communication skills. The successful candidate will be expected to work on various complex tools and coordinate with our global
counterparts/Banks/Brokers to record activities and ensure accuracy

Roles & 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 [1] 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