Fund Accounting Specialist

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 multiple 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 external partners 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, templates) produced by external partners.
• 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.

Required Skills and 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:

• 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.

Key Requirements

As a highly skilled professional, you will bring a unique combination of technical expertise, leadership abilities, and personal qualities to this role.

The ideal candidate will possess:

• Expertise in financial accounting and reporting.
• Proven leadership skills with experience in managing teams.
• Strong communication and interpersonal skills.
• Ability to work in a fast-paced environment and meet tight deadlines.
• Strategic thinking and problem-solving skills.

Benefits

This is a fantastic opportunity to join a dynamic team and contribute to the growth and success of our organisation.

As a valued member of our team, you can expect:

• A competitive salary and benefits package.
• Opportunities for career advancement and professional development.
• A supportive and collaborative work environment.
• Recognition and reward for outstanding performance.

Why Join Us?

We are committed to fostering a culture of innovation, collaboration, and excellence.

Our team is passionate about delivering exceptional results and making a meaningful impact.

By joining us, you will become part of a dynamic and diverse community that values creativity, entrepreneurship, and social responsibility.

Join Our Team

We are seeking a talented and motivated individual to join our team as a Fund Accounting Manager.

If you are a driven and results-oriented professional with a passion for finance and accounting, we encourage you to apply for this exciting opportunity.