Highly Skilled Fund Accounting Leader

Job Summary: We are seeking a highly skilled Fund Accounting Manager to join our team. The successful candidate will be responsible for leading the fund accounting function, ensuring accurate and timely financial reporting, and providing oversight of various financial processes.

Key Responsibilities:

• Lead the fund accounting team in the preparation and review of financial reports, including monthly/quarterly statements and regulatory filings.
• Oversight of different strategies/assets classes and high-level knowledge of number of them.
• Support annual financial statement review and management of audit process, including team's delivery in line with KPIs.
• Interaction 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 of monthly bank reconciliations.
• Review of invoices in adherence with client's firm wide and fund specific policies.
• Support end-to-end payment process of invoices including recharge costs to the fund.
• Support capital activities (capital calls and distributions) with shadow calculations and first review of related information produced by fund administrators.
• Assist in monitoring compliance of the fund LPA and side letter agreements.
• Support development of processes and controls in India COE.
• Support formal documentation of technical matters and judgments about complex accounting matters.
• Support review of performance fee calculations.
• Support formulation of responses in relation to investor queries (external) and internal investor relations team.
• Support review and understanding of detail behind investment valuations and other valuation information for suitability for financial reporting.
• Support management of complexity of fund structures and governing documents such that operations reflect intended tax planning.
• Back-up and cover will also need to be provided to other functional support areas within operations or to other team members on ad-hoc basis.
• Final review/shadowing of management fees and subsequent reporting to client's Group Finance function.
• Lead workstream in relation to gathering other ad hoc data requests from PLC Group Finance.
• Lead fund administrator assessments and feedback including monitoring administrator delivery against SLAs and KPIs.
• Take lead in ensuring that adequate process documentation and control for your areas of responsibility.
• Lead ad-hoc projects for continuous improvement to the fund accounting operating model and for overall betterment of the function.
• Responsible for overseeing a team of up to 6 fund accountants to provide direction, guidance, and review.
• Responsible for training and development of team; including timely performance and 1:1 reviews and training requirements.
• 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 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 practices and risk mitigation strategies for overall betterment of fund accounting.
• Ensure all mandatory trainings, policy and procedures are followed by the team with no breaches;
• Providing active support to Fund Accounting Lead COE, on any internal deliverables and ensuring it is always prioritized.