Lead Senior Credit Fund Accountant

3 days ago

Chennai, Tamil Nadu, India beBeeAccounting Full time ₹ 1,80,00,000 - ₹ 2,40,00,000
Senior Private Credit Funds Accounting Manager

We are seeking a seasoned professional to lead our team in the management of closed-ended fund accounting operations. This position will oversee all aspects of fund administration, working closely with clients' Fund Administrators, Relationship Managers, and Operations Heads within the U.S.

The ideal candidate will have extensive experience in Private Credit Funds, specifically within the financial services sector. They must have a strong understanding of Credit Fund Structures (Master-Feeder, SPVs, Blockers)

Key Responsibilities:

  • Oversee fund administrators and team members, ensuring accurate and efficient delivery of fund accounting services.
  • Manage a variety of funds, including Private Equity Credit Funds.
  • Handle complex P&L allocations across multiple entities within fund structures (Master-Feeder, SPVs, Blockers).
  • Assist teams in performing waterfall calculations and ensure their accuracy.
  • Ensure compliance with mandated operational procedures and checklists.
  • Provide leadership, coaching, and professional development to team members.
  • Oversee task allocation and delegation to ensure optimal team efficiency.
  • Foster a culture of continuous improvement within fund accounting operations.
  • Manage team capacity to support new business growth.
  • Act as a primary escalation point for client inquiries and issue resolution.
  • Maintain effective communication with internal stakeholders and external counterparts.
  • Participate in new business pitches and assist in resource planning for service delivery.
  • Contribute to projects and product development initiatives within fund accounting.

Required Skills and Qualifications:

  • Bachelor's degree in Accounting, Finance, Business, or Economics (or international equivalent).
  • 10+ years of experience in fund accounting, with at least 6+ years in Private Credit Funds Accounting.
  • Experience specifically in Private Credit Funds
  • Experience with Credit Fund Structures (Master-Feeder, SPVs, Blockers)
  • Hands-on with Cash Reconciliation, Expense Reimbursement
  • Has worked on Term Loans / Revolvers / Unitranche / Bridge Loans / DDTL / CLOs
  • Exposure to Loan Accounting including JE's – Interest Accruals, PIK, Paydowns, Prepayments, Defaults, Amortization of OID, Premium, Discount
  • Understanding of Loan Lifecycle / Letter of Credit / Covenant Tracking / Loan Settlements
  • Knowledge of Capital Calls, Distributions and Mfee
  • Knowledge of NAV computation for Credit Funds
  • Exposure to Performance Reporting, IRR (Gross & Net)
  • Hands-on with Partners Capital allocations, Partner Transfers, PCAP
  • Worked on Financial Reporting (Balance Sheet, Income Statement, Cash Flow Statement, TB)
  • Exposure to Waterfall Calculations, Hurdle Rate, Catch-up and Carry
  • Familiar with Compliance Reporting, Investor related reportings
  • Worked with Investran or similar fund accounting systems (Geneva, Efront etc.,)
  • Ability to prepare SOPs / identify Process Improvement opportunities
  • Exposure to Audit support and client deliverables
  • Worked on multi-entity / multi-currency structures

Why Choose Us?

This role offers the opportunity to lead a high-performing team within a dynamic and evolving financial services environment. You will play a critical role in managing fund accounting operations, driving process efficiencies, and supporting business growth in Private Equity.

],

  • Gain Credit

    3 days ago

    Chennai, Tamil Nadu, India GAIN Credit Full time

    Founded in 2003, GAIN Credit is a tech-forward, inclusive, and responsible business using world-class innovative technology and data science to provide endless gaining opportunities for customers, employees, and merchants alike. At GAIN Credit, our mission is to empower lives, which is about providing solutions that meet the credit needs of society in an...

  • Senior Credit Professional

    4 days ago

    Chennai, Tamil Nadu, India beBeeCredit Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    About this role:As a skilled credit control professional, you will be responsible for leading and managing the credit control function of our organization.Credit ManagementYou will develop and implement credit control policies, procedures, and credit limits. You will evaluate new and existing customer creditworthiness through financial analysis, credit...

  • Credit Assessment Lead

    1 week ago

    Chennai, Tamil Nadu, India Shell Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Business unit:FinanceExperience Level:Experienced ProfessionalsJob Description: This position is responsible for the credit risk analysis and management of a portfolio of accounts, working with customers and the business to optimize risk and return.Directly manage a portfolio of complex customer credit relationships that present high risk high value at risk...

  • Lead Fund Accountant

    5 days ago

    Chennai, Tamil Nadu, India beBeeFundAccounting Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    Fund Accounting LeaderAbout the Role:We are seeking a seasoned professional to spearhead our fund accounting operations, manage key relationships, and deliver high-quality financial reporting and administration services.Key Responsibilities:Distribute accurate and timely fund accounting services including Financial Statements, NAVs (Monthly/Quarterly),...

  • Credit Manager

    2 weeks ago

    Chennai, Tamil Nadu, India Tata Mutual Fund Full time

    Job DescriptionJob Description103291. Review and assess a broad range of complex loan applications within defined guidelines and accordingly take decision or recommend for approval to higher authorities.2. Under write proposals as per the laid down policies & procedure to honor the agreed SLAs and manage city/area business volumes.3. Conduct personal...

  • Urgent Credit Manager

    2 weeks ago

    Chennai, Tamil Nadu, India Tata Mutual Fund Full time

    Job DescriptionJob Description10341Key Objective of the Job: To underwrite and manage the portfolio in assigned branch/locationEducational Qualification: Post Graduate/ Graduate in any disciplineMajor Deliverables:1. Review and assess a broad range of complex loan applications within defined guidelines and accordingly take decision or recommend for approval...

  • Fund Accounting Specialist

    1 week ago

    Chennai, Tamil Nadu, India beBeeAccountant Full time ₹ 15,00,000 - ₹ 21,00,000

    As a senior fund accounting professional, this role entails responsibility for end-to-end fund accounting activities with a focus on Private Equity and Alternative Investments. The ideal candidate will possess strong knowledge of Geneva software and manual calculations.Daily and monthly NAV/GAV calculation, PnL and NAV computations, processing and valuation...

  • Senior Fund/Client Accounting Professional

    1 week ago

    Chennai, Tamil Nadu, India beBeeAccounting Full time ₹ 16,86,000 - ₹ 25,14,000

    Job Title: Senior Associate, Fund/client AccountingJob Description:We are seeking a highly skilled and experienced professional to join our team as a Senior Associate in Fund/Client Accounting. As a key member of our team, you will be responsible for providing high-quality accounting services to our clients.Required Skills and Qualifications:• Bachelor’s...

  • Lead Corporate Credit Analyst

    15 hours ago

    Chennai, Tamil Nadu, India beBeeCredit Full time ₹ 25,00,000 - ₹ 35,00,000

    Senior Credit UnderwriterAbout the Role:We are seeking an experienced Senior Credit Underwriter to join our team, responsible for underwriting mid to large corporate loans cases and presenting them to senior level.Credit Decisioning and Risk Assessment are key responsibilities.The successful candidate will prepare, finalize review of credit memos as part of...

  • Credit Manager

    6 days ago

    Chennai, Tamil Nadu, India Huntsmen and Barons Full time ₹ 10,00,000 - ₹ 17,00,000 per year

    Key Responsibilities:Credit Appraisal: Conduct thorough credit appraisals and due diligence for high-value LAP loan applications, including financial analysis, property valuation verification, and client risk profiling.Risk Assessment: Analyze credit risks associated with large-ticket LAP proposals, including assessment of repayment capacity, collateral...