Fund Accountant

About Vivriti Group Vivriti Group is a trailblazer in the mid-market lending space, offering customized debt solutions to mid-sized enterprises. The group operates through two core businesses: Vivriti Capital Limited : A systematically important Non-Banking Financial Company (NBFC ND-SI) regulated by the Reserve Bank of India (RBI). Vivriti Capital has disbursed over USD 3 billion to 300+ enterprise borrowers and holds a CRISIL rating of A+. Vivriti Asset Management : A fixed-income fund manager, managing multiple Alternative Investment Funds (AIFs). With over USD 550 million in commitments from 900+ institutional and private contributors, Vivriti AMC has invested more than USD 600 million across 90+ entities. Summary: We are seeking an experienced and detail-orientedFund Accounting Leadto manage the accounting and financial operations of our Alternative Investment Funds (AIFs), particularly focused ondebt-based strategies across Category II and Category III funds . The role requires deep knowledge of fund structures, investment life cycles, SEBI regulations, and hands-on expertise in fund operations, NAV calculation, investor reporting, and regulatory compliance.Key Responsibilities: 1. Fund Accounting & Reporting Maintain books of accounts for multiple AIF schemes (Cat II and Cat III) under IGAAP. Ensure accurate and timely calculation ofNet Asset Value (NAV)on a periodic basis (monthly/quarterly as per fund terms). Track and recordincome accrualsfrom structured debt instruments (NCDs, CPs, PTCs, securitized receipts, etc.). Post and reconcileinvestment transactions , including purchases, redemptions, amortization, mark-ups, and capital gains/losses. Monitorcoupon income , redemption premiums, purchase discounts, and variable cash flows for PTCs and securitized assets. 2. Investor-Level Accounting Maintain detailed investor books includingcapital contributions, units, class-wise allocations , andfee/waterfall tracking . Ensure time-weighted allocation of daily income and expenses to investors based on their class and contribution timing. Process investor calls, distributions, and generateCapital Account Statements . Handlefee calculations(management fees, performance fees, hurdle, catch-up, etc.) per PPM terms. Handle expense allocations and calculations as per PPM terms. 3. Compliance & Regulatory Filings Ensure timely and accurate filing of: SEBI monthly/quarterly reports (AIF templates) Form 64D & 64C under Income Tax Annual PPM compliance report, valuation reports, and statutory audit disclosures Other applicable compliances Liaise with compliance teams and custodians to ensure adherence toSEBI AIF RegulationsandFEMA guidelines , if applicable. 4. Audit, Taxation & Controls Coordinate with statutory auditors, internal auditors, and tax advisors for fund-level audits and filings. Ensure correct TDS computation and filing (Form 26Q, Form 15CA/CB where required). Reconcile books with custodian/bank statements and investment manager records regularly. Implement and maintain stronginternal controlsto ensure accuracy and compliance. 5. Systems, Process & Team Management Lead or support automation initiatives includingfund accounting software , Excel-based models, macros, and reconciliation tools. Manage or mentor junior accountants or outsourced service providers. Prepare dashboards and analytics for the Investment Manager / Fund Manager / Board.Key Skills & Requirements: M.Com/CMA / MBA Financewith 8+ years of experience in fund accounting, preferably in an AIF, PMS, or AMC. Sound understanding of: SEBI AIF Regulations (2012) Indian accounting standards (IGAAP) Debt instruments and cash flow-based valuation NAV computation and investor-level unit accounting Strong Excel and Zohobooks/ERP/specialized fund accounting tools knowledge. Experience inaudit, taxation, and regulatory reportingfor AIFs. Excellent analytical, communication, and team management skills.Preferred Experience: Prior exposure toCategory III AIFswithleverage, complex fee structures , orfrequent trading . Experience handlingmultiple funds across different investor classeswith varying fee and distribution structures.