Function : Fund Services 

Job Type : Permanent 

Location : Mumbai/Bangalore

Shift : EMEA / Americas 

 

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 

 

Profile Requirement: 

 

Preferred CA/CPA/CFA, Masters in Finance & Accounting.  5-12yrs experience in Financial Services / Capital Markets Industry with min 4+yrs work experience in Private Equity Accounting & 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 global shifts.  Excellent verbal and written communication in English & Strong problem-solving skills.