Private Equity / Debt - Fund Accounting Analyst

Financial Research Services

• Under our Financial Research vertical, we support reputable clients including private equity and debt investors/funds, investment banks, asset managers, hedge funds and family offices, among others
• Axience support to its clients include various activities in deal/transaction execution from creating pitch books, info memo and financial models as well as basic tasks such as news run, updating databases and creating newsletters for sell-side clients
• On the other hand, we support public and private market investors in fundamental research, due diligence and valuation/modelling
• We also selectively support our clients in fund accounting, finance and other private equity and CFO support functions
• Our business is a mix of ongoing dedicated analyst relationships and ad-hoc value-added projects. This mix allows our staff to have arguably better learning and growth opportunities than our peers

Position: Fund Accounting Analyst

We are currently hiring an experienced accounting professional to support one or more of our clients including private equity and debt fund

Required Background

• Exceptional theoretical and practical knowledge of accounting fundamentals and concepts
• Advanced accounting qualification such as CA (fully qualified or intermediate)
• Excellent performance in B.Com and/or M.Com
• One of the following backgrounds is mandatory

Corporate/SME

• Comprehensive experience in finance manager function of an SME or Corporate with a background in recording, book-keeping and documentation
• Proven experience in preparing monthly, quarterly and annual financial statements, dashboards and MIS reports

Fund Administration

• Experience in working with a captive or third-party offshoring team supporting in private equity fund accounting operations

Auditing

• Experience of working at a reputable audit or chartered accountancy firm

Private Equity/Debt Fund

• Experience in fund accounting functions of the Private Equity and Hybrid Funds that include recording journal entries and preparing monthly / quarterly / annual financial reports

Role Description

• Prepare various reports related to Net Assets Values, yields, distributions, and other fund accounting output
• Reconcile various accounts or reviewing reconciliations and research/correcting any variances
• Daily cash reconciliation with custodian records and various other client reporting
• Finalizing the month-end NAV of the client and providing investor-level allocation reports at month-end.
• Prepare fund financials and other periodic reports to management on Fund activities and other related issues

Opportunity

• Work directly with and learn from in-house accounting and finance function of multi-billion dollar private equity funds
• Develop knowledge of private debt market, loans, CLOs and other debt funds working from an accounting and finance perspective
• Develop exceptional skills in accounting

Desired Background and Skills

• Top tier education and academic performance with accounting experience B.Com / M.Com / CA (Intermediate) / CA Final
• At least 3 years of experience related to the reconciliation of assets/cash bank balances and review transactions for accuracy
• Ability to survive in fast pace environment sometimes working on slightly vague instructions from clients and senior management
• Excellent oral and written English communication skills and listening abilities
• Love for numbers and attention to detail

Contact

Candidates can also send their CV directly to [email removed] with the appropriate subject line, for faster response.

• Only Mumbai based candidates or those that are willing to relocate will be considered
• The role is based in Mumbai and is fully work from office