Senior Fund Accounting Specialist

Senior Associate, Fund Accounting

The role of the Senior Associate, Fund Accounting is to ensure the completeness of financial records of AIF funds. This includes accounting, banking reconciliations, expense payments and other related tasks.

In this role, you will be responsible for managing daily operations of AIF Funds according to the Fund Documents and coordinating with the fund administrator. You will also provide support in managing the financial accounts of the funds through liaison with internal resources to meet the applicable monthly, quarterly and annual reporting requirements.

Furthermore, you will assist in statutory and other regulatory audit processes, including inspection from regulatory bodies, and ensure seamless closure within the timelines. Additionally, you will ensure investor reporting within the timeframe agreed in the documents and regulations, including MIS management for financial performance.

You will also be responsible for ensuring timeliness of various tax filings as required for the AIF, including tax payments, tax returns, tax assessment and any other activities as required under the applicable regulations. Compliance management of the AIF from a regulatory standpoint, including all regulatory filings as may be required per the regulations and LP agreements, is another key responsibility.

Another important duty is calculating, reviewing and managing investor distributions as per Fund documents. Stakeholder management on a timely basis, including auditors, trustees, bankers, custodians, fund accounting professionals, tax advisors, legal Advisors and other stakeholders, is also essential in this role.

As a Senior Associate, Fund Accounting, you will work closely with the Fund accounting team to partner with the investment team to validate the funds valuation and the asset management team to produce reports to Limited Partners (LPs). Monitor compliance with the funds' LP agreements, assist in group reporting material preparation and submission, prepare and assist with ad-hoc internal analysis requests and LPs reporting, keeping abreast with the changing regulations and analyzing its impact on existing operations are all critical aspects of this role.

Assisting Compliance and legal teams in Fund documentation, including policies and processes for AIF, maintaining internal trackers and checklists to ensure all areas of AIF are effectively monitored, and ensuring processes and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed are key responsibilities.

Finally, actively working on continuous improvement to build out the India Finance and Accounting function is an ongoing task that requires your attention and expertise.

Required Skills and Qualifications:

• Chartered Accountant or CPA license or Big-4 public accounting experience preferred
• Prior experience knowledge of AIF, SEBI regulations, IFSCA is preferred
• Highly organized and the ability to work in a fast-paced high growth environment
• Strong command of English language both verbal and written
• Strong interpersonal skills for stakeholder management
• Ability to analyze and summarize complex information both verbally and in writing
• Strong problem-solving and analytical skills attention to detail ability to multi-task and manage various deadlines
• Knowledge of financial markets and instruments preferred
• Requires day-to-day use of MS Office applications with advanced skills in Excel preferred

Benefits:

This role offers a unique opportunity to work in a fast-paced environment and contribute to the growth and development of the company's finance and accounting function. As a Senior Associate, Fund Accounting, you will have the opportunity to work with a dynamic team and develop your skills and expertise in fund accounting, financial analysis, and stakeholder management.

Others:

Additional benefits include the opportunity to work on challenging projects, collaborate with experienced professionals, and contribute to the company's mission and goals. If you are a highly motivated and organized individual with excellent communication and analytical skills, we encourage you to apply for this exciting opportunity.