Fund Accounting Manager- PQE

Greetings from Right Move Please see below the Job Description for the position “ Fund Accounting Manager- PQE”.- Position : “Fund Accounting Manager- PQE”- Location : Bangalore- CTC : upto 75LPAPrimary responsibilities for this role include (but not limited to):Fund Accounting and Investor Reporting:- Lead and support the oversight and delivery of the monthly/quarterly financial, investor and regulatory reporting.- Oversight and high-level knowledge over number of different strategies / assets classes.- Support the annual financial statement review and management of the audit process including team’s delivery in line with KPIs.- Interaction with the Fund Administrators to ensure accuracy and timeliness of financial and investor reporting and insights from wider team taken into consideration.- Lead/Support designated Fund cash and liquidity management, including bridge facilities, treasury positions and counterparty exposure.- Review of monthly bank reconciliations.- Review of invoices in adherence with client’s firm wide and Fund specific policies.- Support the end-to-end payment process of invoices including recharge costs to the Fund.- Support in capital activities (capital calls and distributions) with shadow calculations and first review of related information (calculations, notices, ILPA templates) produced by Fund Administrators.- Assist in monitoring the compliance of the Fund LPA and side letter agreements.- Support the development of processes and controls in India COE.- Support the formal documentation of technical matters and judgements about complex accounting matters, including broader fund matters which impact the Fund’s financial records.- Support the review of performance fee calculations.- Support in formulating responses in relation to investor queries (external) and internal Investor Relations Team.- Support in review and understanding the detail behind the investment valuations and other valuation information for suitability for financial reporting.- Support management of the complexity of the fund structures and governing documents such that the operations reflect the intended tax planning; and- Back-up and cover will also need to be provided to other functional support areas within Operations or to other team members on an ad-hoc basis.Group Reporting:- Final Review /Shadowing of Management Fees and subsequent reporting to client’s Group Finance function.- Lead the reporting of AUM/FUM information to client’s Group Finance function; and- Lead workstream in relation to gathering other ad hoc data requests from PLC Group Finance.Administrator Oversight, Systems and Process Management:- Lead Fund Administrator assessments and feedback including monitoring administrator delivery against SLAs and KPIs.- Lead workstream with client’s Operations teams to ensure that the deals are correctly recorded in client’s in-house systems and take responsibility for maintaining the integrity of data; and- Take a lead in ensuring that adequate process documentation and control for your areas of responsibility.Projects:- Lead ad-hoc projects for continuous improvement to the Fund Accounting operating model and for the overall betterment of the function.People management:- Responsible for overseeing a team of up to 6 Fund Accountants to provide direction, guidance, and review.- Responsible for the training and development of team; including timely performance and 1:1 reviews and training requirements.COE Specific Responsibilities:- Lead efficiency initiatives and act as the main point of contact for developing transformation ideas from India.- Ensure all operational metrics, management reporting requirements and requests if any are completed on time for entire team along with owning documentation by ensuring timely update.- Keep Fund Accounting Lead COE lead abreast of all material issues impacting client deliverables, SLAs and KPIs and ensure timely escalation for any issues / delays / challenges.- Developing operational risk best practises and risk mitigation strategies for the overall betterment of fund accounting.- Ensure all mandatory trainings, policy and procedures are followed by the team with no breaches; and- Providing active support to Fund Accounting Lead COE, on any internal deliverables and ensuring it is always prioritized.Key Requirements/ QualificationsYou will have demonstrable experience of:- CA, ACCA, CPA, CMA, or master’s degree in finance / accounting / business with at least 10+ PQE in either Fund Administration, Private Equity & Venture Capital and/ or accounting experience gained in an Asset Manager or Fund Administrator.- Proven experience in Private Equity /Alternative Asset Industry of 7+ years.- Strong knowledge of private fund structures (Debt and/or equity) and reporting requirements.- Advanced Excel skills; including financial modelling and PowerPoint.- Ability to meet deadlines; solve problems with strong analytical skills with detail orientation.- Proven experience of managing a team.Desirable:- Strong technical knowledge of IFRS, US GAAP and/or Lux GAAP.- Understanding of financial instruments across the capital structure.- Thorough understanding of carry structures and waterfalls desirable.- Experience of complex private equity fund fee calculations and reporting matters.Personal AttributesPersonal attributes that will make you successful in this role include but not limited to:Essential:- Highly driven and motivated.- Formidable team player with the ability to lead - Collaboration with the local and global team.- Contribute to a positive work environment.- Excellent time management and organisational skills to meet tight deadlines and manage multiple tasks.- Confident and strong communicator, with advanced interpersonal skills.Desirable:- Technical mindset with a positive, flexible and ‘can do’ attitude and ability to deliver under pressure.- Commercial mindset when approaching tasks.