Senior Fund Accountant

2 days ago

Mumbai, Maharashtra, India beBeeCreditFundAccountingLead Full time ₹ 1,80,00,000 - ₹ 2,16,00,000

Job Title: Private Credit Fund Accounting Lead

 

Job Description

The role of a senior-level accounting professional is to oversee all closed-ended fund accounting operations in a senior-level position.

This involves working closely with the client's 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.

Private Credit Funds experience is mandatory, along with a strong understanding of the 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

Education:

  • Bachelor's degree in Accounting, Finance, Business, or Economics (or international equivalent).

Experience:

  • 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

 

Benefits

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.

],

  • Senior Fund Accountant

    7 days ago

    Mumbai, Maharashtra, India beBeeFundAccounting Full time ₹ 1,80,00,000 - ₹ 2,50,00,000

    Job OverviewAs a senior associate in fund accounting, you will play a vital role in supporting Ares Employee Co-Invest funds.Key responsibilities include working with internal resources, external fund administrators, and external auditors to meet reporting deadlines. This involves performing monthly and quarterly close processes, reviewing external...

  • Senior Fund Accountant

    6 days ago

    Mumbai, Maharashtra, India beBeeFundAccounting Full time ₹ 15,00,000 - ₹ 20,00,000

    Job OpportunityWe are seeking a highly skilled Senior Associate to join our Fund Accounting team.This is an ideal opportunity for those who are passionate about fund accounting and eager to make a meaningful impact.Prepare daily cash reports by collecting data from administrators, banking providers, and internal forecasts using advanced data visualization...

  • Fund Accounting

    1 week ago

    Mumbai, Maharashtra, India JP Morgan Chase & Co. Full time

    Job DescriptionIntroductory Marketing Language:Join JP Morgan's Fund Accounting Team, where precision meets leadership in managing mutual fund valuations. Be part of a team responsible for regulatory compliance and client reporting, ensuring high-quality operations. Elevate your career by driving innovation and shaping the future of fund accounting.Job...

  • Senior Fund Accounting Specialist

    1 week ago

    Mumbai, Maharashtra, India beBeeFundAccounting Full time ₹ 25,00,000 - ₹ 30,00,000

    Job Title:Senior Associate, Fund Accounting">Job DescriptionThe 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...

  • Fund Accounting

    5 days ago

    Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 5,00,000 - ₹ 8,00,000 per year

    Fund Accounting &/or Reporting Senior, AVPJob ID: R0396714Full/Part-Time: Full-timeRegular/Temporary: RegularListed: Location: MumbaiPosition OverviewJob Title: Fund Accounting &/or Reporting Senior, AVPLocation: Mumbai, IndiaRole DescriptionOur Fund administration team is working with some of the top names in the fund industry. You'll be working in one of...

  • Fund Accounting

    1 day ago

    Mumbai, Maharashtra, India JPMorgan Chase Full time

    Job Category Fund Servicing Introductory Market language The JP Morgan Fund Accounting Team manages the production and review of the NAV and other activities that leads to the correct valuation of the mutual fund clients This Fund Accounting Team take direct responsibility for the production review and delivery of the activities related to Regulatory...

  • Senior Fund Accounting Specialist

    3 days ago

    Mumbai, Maharashtra, India beBeeFundAccountant Full time ₹ 20,00,000 - ₹ 25,00,000

    Key Job ResponsibilitiesAs a senior fund accounting professional, you will be responsible for supervising and reviewing NAV calculations, financial statements, fund valuations, and investor performance reports. This includes ensuring accuracy of general ledger accounts and reconciliation of investment positions and cash balances.You will also oversee 64C/TDS...

  • Senior Fund Accounting Professional

    2 weeks ago

    Mumbai, Maharashtra, India beBeeFundAccounting Full time ₹ 9,00,000 - ₹ 12,00,000

    Fund Accounting Team LeadThis is a senior-level position in our fund accounting team, responsible for overseeing the daily operations of fund accounting activities.Key Responsibilities:Leading the team in delivering accurate and timely Net Asset Values (NAVs), as well as performing various types of reconciliations between client general ledger data and...

  • Fund Accounting

    5 days ago

    Mumbai, Maharashtra, India JPMorganChase Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    JOB DESCRIPTIONIntroductory Market languageThe JP Morgan Fund Accounting Team manages the production and review of the NAV and other activities that leads to the correct valuation of the mutual fund clients. This Fund Accounting Team take direct responsibility for the production, review and delivery of the activities related to Regulatory requirements and...

  • Fund Fund Accountant

    7 days ago

    Mumbai, Maharashtra, India Citco Full time ₹ 5,00,000 - ₹ 10,00,000 per year

    About Citco Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients' needs. For more information about Citco, please visit About the Team & Business...