Fund Structure Specialist

About Our Opportunity:

You will be part of our Centre of Excellence for Fund Accounting in Jaipur, supporting the governance, control and management of financial reporting processes for designated funds/entities. You will collaborate with the Fund Accounting Team in London, interacting daily with Operations teams including Strategy Accounting Leads and Fund Controllers.

This exciting role offers a unique chance to interact and coordinate with multiple stakeholders across various locations, both internal and external to our client, including Group Finance, tax, and legal functions, as well as Fund Administrators and Auditors.

Key responsibilities include:

• Fund Accounting and Investor Reporting: Lead and support the oversight and delivery of monthly/quarterly financial, investor and regulatory reporting
• Oversight and high-level knowledge of different strategies/assets classes
• Support the annual financial statement review and manage the audit process, ensuring team delivery aligns with KPIs
• Interact with Fund Administrators to ensure accuracy and timeliness of financial and investor reporting
• Lead/support designated fund cash and liquidity management, including bridge facilities, treasury positions and counterparty exposure
• Review monthly bank reconciliations
• Review invoices in adherence with firm-wide and fund-specific policies
• Support end-to-end payment processing of invoices, including recharge costs to the fund
• Support capital activities (capital calls and distributions) with shadow calculations and first review of related information
• Assist in monitoring compliance of the fund LPA and side letter agreements
• Support development of processes and controls in the India COE
• Support formal documentation of technical matters and judgments about complex accounting matters
• Support review of performance fee calculations
• Support formulating responses to investor queries (external) and internal Investor Relations Team
• Support review and understanding of investment valuations and other valuation information
• Manage complexity of fund structures and governing documents, ensuring operations reflect intended tax planning

Group Reporting:

• Final review/shadowing of management fees and subsequent reporting to client's Group Finance function
• Lead reporting of AUM/FUM information to client's Group Finance function
• Lead workstream for gathering ad-hoc data requests from PLC Group Finance

Administrator Oversight, Systems and Process Management:

• Lead Fund Administrator assessments and feedback, monitoring administrator delivery against SLAs and KPIs
• Lead workstream with client's Operations teams to ensure deals are correctly recorded in-house systems
• Take lead in ensuring adequate process documentation and control for areas of responsibility

Projects:

• Lead ad-hoc projects for continuous improvement to the Fund Accounting operating model

People management:

• Responsible for overseeing a team of up to 6 Fund Accountants, providing direction, guidance, and review
• Responsible for training and development of team, including timely performance and 1:1 reviews

COE Specific Responsibilities:

• Lead efficiency initiatives and act as main point of contact for developing transformation ideas from India
• Ensure all operational metrics, management reporting requirements, and requests are completed on time for entire team
• Keep Fund Accounting Lead COE lead abreast of material issues impacting client deliverables, SLAs and KPIs
• Develop operational risk best practices and risk mitigation strategies
• Ensure all mandatory trainings, policy and procedures are followed by the team with no breaches

Required Skills and Qualifications:

• Demonstrable experience of CA, ACCA, CPA, CMA, or master's degree in finance/accounting/business with at least 10+ PQE in Fund Administration, Private Equity & Venture Capital, 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 and detail orientation
• Proven experience of managing a team

Benefits:

• Highly driven and motivated individual with ability to lead - Collaboration with local and global team
• Formidable team player with ability to lead, 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