global fund administrator
Assistant Vice President – Private equity fund accounting
Job Description
We are hiring for Assistant Vice President – Private equity fund accounting with a leading global fund admin in Mumbai.
Shift timing : 3 PM to 12 AM IST
Main Responsibilities
· Responsible for maintaining books and records and calculation of fund Net Asset Values;
· Coordinating and reviewing financial statements and associated reports, including performance metrics for monthly/quarterly reporting;
· Coordinate and review calculations of carried interest/performance/incentive fees;
· Coordinate and review calculations and investor allocations for capital calls, distributions and equalisations;
· Coordinate and review partner capital account statements;
· Coordinate processing of payments and other transactions;
· Supervise junior staff, reviewing and signing off on work performed;
· Acting as a primary day-to-day contact with clients and other fund participants;
· Work closely with the Investor Relations team to respond to investor queries and to disseminate capital activity and other investor notices;
· Maintaining relationships with investors, investment advisors/managers, banks and auditors and other fund participants;
· Assisting auditors and other fund participants and advisers;
· Participating in presentations to existing and prospective clients;
· Monitor compliance of various agreements with clients, including the Service Level Agreement;
· Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business;
· Any other functions required as part of the business of the Company, and reporting to the Vice President.
Education
· Bachelor’s degree in Accounting
· Professional accounting qualification – CA, CPA, ACCA or similar
Qualifications
· Minimum of 7 years’ experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
· Experienced in reviewing and preparing general ledger and financial statements.
· Established knowledge relation to consolidations under IFRS.
· Excellent communication skills and proficiency in English (both verbal and written).
· Motivated, bright and diligent individual who is driven to meet deadlines.
· A team player who is able to manage individual responsibilities.
· Sound judgment, problem solving and analytical skills.
· Proficient with Microsoft Applications (Excel, Word, Powerpoint etc).
· User experience with enterprise accounting system(s).
Desired Qualifications
· Working knowledge of Investran highly desirable (or other Private Equity system e.g. E-Front)
· Experience in Limited Partnership accounting
· Private equity/real estate fund administration experience
· Proficiency in Mandarin desirable (but not required)
If interested , please share your resume to megha@tdnewton.com