[Urgent] 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 75LPA Primary 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/ Qualifications You 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 Attributes Personal 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.