Assistant Manager

Position: Consultant / Assistant Manager

Expectation: Minimum 1-5 years of working experience into financial reporting for global hedge funds and private

equities along with Strong accounting basics and Knowledge on IFRs/ Ind AS and US GAAP requirements.

We expect the resource to be capable of comprehending the reporting requirements well and prepare/review the

financial statements and handle audit support with minimal support and guidance.

Knowledge & Skills required:

 Strong analytical and communication skills.

 Good working knowledge on Alternative Investments Fund Industry

 Conceptual understanding of

 NAV and GAV Calculation,

 Income and expense allocations, PL allocations

 Calculating Capital Calls and Distributions.

 Calculating Quarterly Management and Incentive fees schedules along with High water Mark.

 Thorough understanding along with working knowledge of reporting requirements and preparation of each of the core

statements of funds along with SOI and notes to accounts.

 Understanding of various FSLIs in the financials and components to it

 Knowledge of applicable disclosure requirements for hedge funds and Private equities under IFRS and US GAAP.

 Conceptual clarity on Private equity investments and Derivatives like Forwards, Futures, Options Contracts, Swaps,

Swaption, etc.

Minimum relevant experience of 1-5 years into:

 Extensive experience in preparation and review of financial statements of Hedge Funds and Private equities -–

manually on excel without use of software.

 Experience in preparation of qualitative and quantitative notes for various disclosures in notes to accounts.

 Understanding of various FSLIs in the financials and components to it

 Experience in handling the preparation of SOI – understanding of the disclosure requirements and awareness of

practice nuances in its preparation.

 PL allocations and Investor allocations

 Calculation of various rolls (CMV, URGL, Investment) and experience in variance resolution.

 Understanding and experience on topsides – common topsides and amortization requirements.

 Financial Highlights.

 Basic understanding of Investment Valuation techniques.

 Working knowledge on accounting for Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc

 Monthly and quarterly management reporting and year end financial reporting including support on audit closure.

Fund Accounting – Hedge Funds & private Equity

Position: Consultant/AM

Expectation: Minimum 2 -5 years of working experience into Accounting for Hedge Funds/Private equities/Mutual

funds along with accounting and conceptual knowledge of various derivatives.

Knowledge & Skills required:

 Good conceptual knowledge on Hedge funds/Private Equities.

 Booking Journal Entries for various transactions daily.

 Calculating Capital Calls and Distribution Allocations and preparing Unfunded Commitment.

 Calculating Quarterly Management fees schedules.

 Calculating Carry, accruing for expenses, analyzing Capital Contributions required for investments.

 Strong knowledge in Hedge Funds including Waterfall, High Water Marks, Incentive Fees, etc.

 Conceptual clarity on Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc.

 Conceptual knowledge on Corporate actions, corresponding accounting treatment, cashflows and their impact on

Strike Price.

Minimum relevant experience of 2 years into:

 Fund Accounting activities including but not limited to bookkeeping, NAV computation, investor reporting,

Management fee calculations, incentive fee and performance fee calculation, Capital calls and Distribution notices,

processing payments.

 Working knowledge on accounting for Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc.

 Preparing investor notices for capital calls and distributions.

 Onboarding new Funds

 PL review and validation and proposing adjustment entries as needed.

 Computation of Management fee, Incentive fees and IRR for each period to know the performance of the fund.

 Allocate Income and expenses gain or losses for each fund and analyses if any discrepancies.

 Booking necessary activities like subscription, redemptions, transfer etc. and Calculating Daily, Weekly & Month end

NAV.

 Providing Exception reports to clients and higher management on daily, weekly, and monthly basis.

 Sending pricing statements and generating monthly net asset value (NAV) reports for clients, ensuring timely and

accurate information is provided.

 Daily position reconciliation and booking trade accordingly, daily cash reconciliation, research and investigation of all

identified discrepancies.

 Experience in market value reconciliation and derivative reconciliation.

 Prepare quarterly work papers including preparation of General Ledger, Income Statements, Balance Sheet,

Schedule of Investments, Receivable and Payable Schedule, NAV Calculations and Waterfall preparations.