Accountant 2, Fund Accounting

Company Description ABOUT IQ-EQ We re a leading Investor Services group offering end-to-end services in administration accounting reporting regulatory and compliance needs of the investment sector worldwide We employ a global workforce of 5 800 people across 25 jurisdictions and have assets under administration AUA exceeding US 750 billion We work with 13 of the world s top 15 private equity firms Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts Above all what makes us different is our people Operating as trusted partners to our clients we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding We re driven by our Group purpose to power people and possibilities Job Summary To provide and ensure the timely and high-quality service and deliverables to leading private equity and funds clients under the guidance and direction from supervisors allocated to you on a regular basis Concentrates on delivering consistent results by focusing mainly on preparation of core processes low complex ad hoc work and minimal client requirements Performs self-review of core processes to demonstrate self-awareness in gaining productive insights into professional and personal strengths and areas of development Responsible in preparation and completion of NAV and Financials of the private equity funds that include recording journal entries preparing monthly quarterly annual financials processing payments preparing investor notices and various client reporting Responsible in preparation and completion of capital call and distribution workings along with notices and release to respective investors Assist with conversion of Private Equity Funds from other accounting applications to Investran Assist with onboarding new Private Equity Funds in the accounting platform Investran Paxus This entails assisting in all reporting requirements such as but not limited to financial statements working papers management accounts partner statements and ad-hoc client deliverables To assist in various accounting and administration processes and conduct all work in accordance with IQ-EQ India Global Client Delivery s policies and procedures Core Responsibilities Responsible for the preparation of Financial Statements with Disclosures NAV reporting and other ad-hoc service requests for funds and or corporate clients To ensure all deliverables are timely and accurate Acquiring knowledge of designated clients requirements and deliverables Ensure compliance by following procedures and checklists following SSAE and other similar statutory requirements Proactively seeks adequate training feedback and support in both technical and non-technical aspects of the role Guides new peers and or junior members of the team on the client specifics and other deliverables Technical Tasks Duties Cluster Client Delivery Acquires knowledge and understanding of the clients agreements Scope of Work SOW SLA s and other necessary information needed to prepare deliverables Ensures complete information data supporting documents etc are received for the preparation of the needed requirements To acknowledge or to escalate the completeness of the information data supporting documents etc to the Senior Accountant Delivers consistent and quality information within the agreed timeframes Prepare complete and ensure the quality of the assigned clients deliverables within the agreed timelines To be knowledgeable with the components of the reports generated by the appropriate platform s To be able to review outputs and all other deliverables prepared To address review comments Takes ownership prepares and replies to cluster Client Investor s queries within 24 hours Escalate any job-related issues and concerns to the appropriate authorities in a timely manner Provides support to the rest of the team and other teams as needed To act as an alternate for Senior Accountants or Assistant Managers based on business needs Responsible for consolidating queries requirements and comments from the client Researches and validates the team s interpretation of the requirements when needed to the technical team Workflow Management Ensures timesheets are completed daily and accurately filed for all hours worked Sets up monitors updates and closes all deliverables via the workflow planner Systems Understands and uses best practice on accounting platform s Understands and becomes knowledgeable on how to generate reports using reporting platform s Risks Ensures relevant procedures checklists and SSAE requirements are adhered to and completed to mitigate errors Reports any breaches complaints or errors to appropriate authorities in a timely manner Assists in the preparation of error reports identifies the areas of operational risk and participates in proposing appropriate remedial actions within 24 hours of identifying the error Other May undertake any additional tasks and or responsibilities as part of their professional development which may or may not be related to their specific function Escalates any other work-related issues and concerns to the appropriate authorities in a timely manner Key behaviours we expect to see In addition to demonstrating our Group Values Authentic Bold and Collaborative the role holder will be expected to demonstrate the following Action Oriented - Taking on new opportunities and tough challenges with a sense of urgency high energy and enthusiasm Being Resilient - Rebounding from setbacks and adversity when facing difficult situations Self-Development - Actively seeking new ways to grow and be challenged using both formal and informal development channels Communicates Effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences Customer Focus - Building strong customer relationships and delivering customer-centric solutions Demonstrates Self-Awareness - Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses Plans Aligns - Planning and prioritizing work to meet commitments aligned with organisational goals Manages Conflict - Handling conflict situations effectively with a minimum of noise Interpersonal Savvy - Relating openly and comfortably with diverse groups of people Organizational Savvy - Manoeuvring comfortably through complex policy process and people-related organisational dynamics Qualifications Qualifications and Experience Required for this Role Essential Education professional qualifications Graduate of accounting or any business-related course with 2 years relevant accounting experience Fundamental knowledge of IndAS IFRS and GAAPs of different jurisdictions US UK and Lux Preparation of Financial Statements using applicable laws and regulations Fluency in English and an additional foreign language Background experience Knowledgeable in the preparation of working paper files financial statements with disclosures and other financial information Operational experience in fund accounting services preferably in handling private equity Technical Intermediate Excel skills such as pivot tables lookup if and other similar functions Computer program knowledge Experience in e-mail word processing and video conferencing applications such as Microsoft Office Effective written and verbal intermediate communication skills Experience in using accounting software Investran Paxus software Desired Desire to complete Certified Public Accountant qualification if applicable Experience working in Financial Services or Shared Services office environment Experience working in a multinational office environment Open to travel and other secondment opportunities abroad University Degree in Accountancy and other accounting-related courses Additional Information OUR COMMITMENT TO YOU AND THE ENVIRONMENT As a forward-looking business sustainability is integral to our strategy and operations Our sustainability depends on us building and maintaining meaningful long-term relationships with all our stakeholders - including our employees clients and local communities - while also reducing our impact on our natural environment There is always more we can and should do to improve - whether in relation to our people our clients our planet or our governance Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape We re committed to fostering an inclusive equitable and diverse culture for our people led by our Diversity Equity and Inclusion steering committee Our learning and development programmes and systems including PowerU and MyCampus enable us to invest in growing our employees careers while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues We want to empower our 5 500 employees - from 94 nationalities speaking 41 languages across 25 countries - to each achieve their potential Through IQ-EQ Launchpad we support female managers launching their first fund in an environment where only 15 of all private equity and venture capital firms are gender balanced We re committed to growing long-term relationships with our clients and supporting them in achieving their objectives We understand that our clients sustainability and success leads to our sustainability and success We re emotionally invested in our clients right from the beginning