Fund Accounting Manager

7 days ago

Bengaluru, India MNC Full time

Job Description

Role: Team Manager

Location: Bangalore

Shift Timings: 12pm – 9:30pm

JOB RESPONSIBILITIES

  • Responsible for overseeing the day-to-day accounting and financial reporting for private equity funds and ensuring compliance with GAAP and fund-specific accounting policies.
  • Review and approve work performed by junior team members, including financial statements, NAV calculations, capital activity notices and other financial reports.
  • Communicate with fund managers and other stakeholders to provide financial information and answer questions.
  • Assist in the preparation of investor reports and presentations, including performance analysis and attribution.
  • Participate in the preparation of resourcing budgets and forecasts for the funds.
  • Identify and implement process improvements to enhance the efficiency and accuracy of financial reporting.
  • Stay current on accounting and regulatory developments and ensure that accounting policies and procedures are updated accordingly.
  • Provide training and guidance to junior staff members on accounting and reporting matters.
  • Suggest and work on process transformation & improvements Ideas.

DOMAIN SKILLS

  • Minimum of 8 years of experience in fund accounting.
  • Strong knowledge of GAAP and private equity accounting practices.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Strong leadership and management skills, ability to manage and motivate team.
  • Ability to work independently, with minimal supervision.
  • Experience with accounting software and systems, such as Investran and Geneva

Essential Details:-

  • To work on Private Equity / Real Estate / Hedge Fund Operations such as Fund / Financial Accounting - Book Keeping, Journal Posting, Preparation of Financial Statements.
  • Management Fee Carried Interest and Expense Calculation & Posting.
  • Capital Calls - Preparation of Capital Call memos, LC Opening, Follow Up with LPs for funding Distribution - Preparation of Distribution working,
  • LP Memo Preparation.
  • Fund Transfer Wire preparation,
  • Repayment of LCs Reconciliation - Cash Reconciliation,
  • Cash Tracking, Posting Entries,
  • Cash reporting.
  • Tracking of Capital transactions.
  • Valuation - Valuation of Portfolio Investments.

Location

Bangalore

  • Equity Fund Manager

    3 weeks ago

    Bengaluru, Karnataka, India Taurus Mutual Fund Full time

    As a Fund Manager, you will be responsible for managing investment portfolios, analyzing market trends, and making informed investment decisions. Your role is crucial in driving the performance of the funds under your management, and you will play a key part in maintaining and enhancing client relationships. The ideal candidate has a strong analytical...

  • Fund Accounting Manager

    2 weeks ago

    Bengaluru, Karnataka, India Live Connections Full time

    Summary of our opportunityYou will be joining our Centre of Excellence (COE) for Fund Accounting in Pune and assist in the governance; control and management of financial reporting processes for a designated set of Funds/entities including Fund Administrative Oversight support. You will become an integral part of the Fund Accounting Team in London with daily...

  • Fund Accounting Manager

    4 weeks ago

    Bengaluru, Karnataka, India The HIRD Full time

    •To work on Private Equity / Real Estate / Hedge Fund Operations such as Fund / Financial Accounting - Book Keeping, Journal Posting, Preparation of Financial Statements. Management Fee Carried Interest and Expense Calculation & Posting. Capital Calls - Preparation of Capital Call memos, LC Opening, Follow Up with LPs for funding Distribution -...

  • Fund Accounting Manager

    5 days ago

    Bengaluru, India The HIRD Full time

    Role: Team Lead/Lead Analyst/Team Manger Fund Accounting Experience : 7yrs to 14 yrs CTC : 25 Lpa 35 Lpa Location: Bangalore Key Resposbilities : - The candidate will need to review the daily tasks of team members as outlined below: - Daily journal entries for their respective entities - Review the monthly/quarterly work papers - Review quarterly...

  • Manager - Fund Accounting

    2 weeks ago

    Bengaluru, Karnataka, India Linedata Full time

    As a Manager in Fund Accounting team, you will be responsible for delivery of accurate and timely NAVs and perform the various types of reconciliation between client's general ledger data and market data providers which include custody and prime brokers along with fund administrators.The role is a good blend of product knowledge and usage of technology.The...

  • Senior compliance manager

    1 week ago

    Bengaluru, India Capitalmind Mutual Fund Full time

    Job Title: Senior Compliance Manager Company: Capitalmind Asset Management Private Limited Location: Sector 1, HSR Layout, Bangalore (Work from Office) About Capitalmind:As Capitalmind Asset Management Private Limited, we manage the Capitalmind Mutual fund and have been seeded with capital from its parent and sponsor, Capitalmind Financial Services Private...

  • Fund Accounting Manager

    2 weeks ago

    Bengaluru, Karnataka, India The HIRD Full time

    •To work on Private Equity / Real Estate / Hedge Fund Operations such as Fund / Financial Accounting -Book Keeping, Journal Posting, Preparation of Financial Statements. Management Fee Carried Interest and Expense Calculation & Posting. Capital Calls - Preparation of Capital Call memos, LC Opening, Follow Up with LPs for funding Distribution - Preparation...

  • Fund Accounting Manager

    3 days ago

    Bengaluru, India The HIRD Full time

    Role: Team Lead/Lead Analyst/Team Manger Fund AccountingExperience : 7yrs to 14 yrsCTC : 25 Lpa 35 LpaLocation: BangaloreKey Resposbilities :The candidate will need to review the daily tasks of team members as outlined below:Daily journal entries for their respective entitiesReview the monthly/quarterly work papersReview quarterly Capital Account...

  • Fund Accounting Manager

    23 hours ago

    Bengaluru, India The HIRD Full time

    Role: Team Lead/Lead Analyst/Team Manger Fund AccountingExperience : 7yrs to 14 yrsCTC : 25 Lpa 35 LpaLocation: BangaloreKey Resposbilities :- The candidate will need to review the daily tasks of team members as outlined below:- Daily journal entries for their respective entities- Review the monthly/quarterly work papers- Review quarterly Capital Account...

  • Senior Compliance Manager

    1 week ago

    Bengaluru, India Capitalmind Mutual Fund Full time

    Job Title : Senior Compliance ManagerCompany : Capitalmind Asset Management Private LimitedLocation : Sector 1, HSR Layout, Bangalore (Work from Office)About Capitalmind:As Capitalmind Asset Management Private Limited, we manage the Capitalmind Mutual fund and have been seeded with capital from its parent and sponsor, Capitalmind Financial Services Private...