Senior Fund Accountant

Job Title: Senior Associate/ Assistant Manager

Location: Bangalore

Work Mode: Hybrid

Shift: UK Shift

Senior Fund Accountant- Private Equity

The Senior Fund Accountant will be responsible for end-to-end accounting, reporting, and investor servicing for Private Equity clients. The role involves reviewing NAV packs, managing capital activity, ensuring accuracy of financial statements, and acting as a key point of contact for internal teams, auditors, and clients. The ideal candidate will possess strong product knowledge, analytical skills, and prior experience in alternative investment fund accounting.

Key Responsibilities

Fund Accounting & NAV

• Prepare and review monthly/quarterly NAV calculations for Private Equity funds and SPVs
• Ensure accurate accounting of investments, including fair value measurement in accordance with valuation policies
• Review general ledger, trial balances, and supporting schedules

Capital Activity & Investor Reporting

• Process capital calls, distributions, and equalization calculations
• Prepare and review investor capital statements and notices
• Maintain accurate LP records and investor allocations

Financial Reporting

• Prepare quarterly and annual financial statements in accordance with US GAAP / IFRS
• Coordinate audit deliverables and support external auditors during fund audits
• Review management fee and carried interest calculations

Cashflow & Performance Reporting

• Prepare and review fund cashflow forecasts and liquidity schedules
• Support IRR, MOIC, and other performance metrics
• Assist with Board, Investment Committee, and client reporting

Controls, Compliance & Documentation

• Ensure compliance with fund legal documents (LPA, PPM, side letters)
• Maintain strong internal controls and adhere to SOX or equivalent control frameworks
• Support regulatory and compliance reporting as required

Stakeholder Management

• Act as a key point of contact for auditors, fund administrators, custodians, and internal teams
• Respond to internal and external queries in a timely and professional manner

Team Leadership & Process Improvement

• Review work of junior accountants and provide guidance and mentoring
• Identify and implement process improvements and automation opportunities
• Support transitions of new funds and structures

Qualifications & Experience

• CA / CPA / ACCA or equivalent professional qualification
• 4-7 years of experience in Private Equity or Alternative Investment fund accounting
• Strong understanding of PE fund structures, capital accounting, and valuation methodologies
• Hands-on experience with accounting systems (e.g., Investran, eFront, Yardi, Geneva, or similar)
• Advanced Excel skills; experience with reporting and workflow tools preferred

Key Skills & Competencies

• Strong analytical and problem-solving skills
• High attention to detail with ability to meet tight deadlines
• Excellent communication and stakeholder management skills
• Ability to work independently and manage multiple priorities
• Team leadership and coaching mindset

Preferred Attributes

• Experience supporting Board or investor-level reporting
• Exposure to multi-currency funds and complex investment structures
• Experience working in a global delivery or shared services model