Accountant 1, Fund Accounting

Job Summary

• To provide and ensure the timely and high-quality service and deliverables to leading private equity and funds clients under the guidance and direction from supervisors, allocated to you on a regular basis.
• Concentrates on delivering consistent results by focusing mainly on preparation of core processes, low complex ad hoc work and minimal client requirements. Performs self-review of core processes to demonstrate self-awareness in gaining productive insights into professional and personal strengths and areas of development.
• Support with the review and sign off NAV and Financials of the private equity funds that include recording journal entries, preparing monthly/quarterly/annual financials, processing payments, preparing investor notices and various client reporting.
• Support with the review of capital call and distribution workings along with notices and release to respective investors.
• Assist with conversion of Private Equity Funds from other accounting applications to Investran.
• Assist with onboarding new Private Equity Funds in the accounting platform (Investran, Paxus).
• This entails assisting in all reporting requirements, such as but not limited to financial statements, working papers/ management accounts, partner statements and ad-hoc client deliverables.
• To assist in various accounting and administration processes and conduct all work in accordance with IQ-EQ India Global Client Delivery's policies and procedures.

Core Responsibilities

• Responsible for the preparation of Financial Statements with Disclosures, NAV reporting and other ad-hoc service requests for funds clients.
• To ensure all deliverables are timely and accurate
• Acquiring knowledge of designated clients' requirements and deliverables.
• Ensure compliance by following procedures and checklists following SSAE and other similar statutory requirements
• Proactively seeks adequate training, feedback and support in both technical and non-technical aspects of the role

Tasks & Duties

Cluster Client Delivery

• Acquires knowledge and understanding of the clients' agreements, Scope of Work (SOW), SLA's and other necessary information needed to prepare deliverables.
• Ensures complete information, data, supporting documents, etc. are received for the preparation of the needed requirements. To acknowledge or to escalate the completeness of the information, data, supporting documents, etc. to the Senior Accountant.
• Delivers consistent and quality information within the agreed timeframes.
• Prepare, complete, and ensure the quality of the assigned clients' deliverables within the agreed timelines.
• To be knowledgeable with the components of the reports generated by the appropriate platform/s.
• To be able to review outputs and all other deliverables prepared.
• To address review comments.
• Takes ownership, prepares and replies to cluster/Client/Investor's queries within 24 hours.
• Escalates any job-related issues and concerns to the appropriate authorities in a timely manner.
• Provides support to the rest of the team and other teams, as needed.

Workflow Management

• Ensures timesheets are completed daily and accurately filed for all hours worked knowledge and understanding of the clients' agreements,
• Sets up, monitors, updates and closes all deliverables via the workflow planner

Systems

• Understands and uses best practice on accounting platform/s.
• Understands and becomes knowledgeable on how to generate reports using reporting platform/s.

Risks

• Ensures relevant procedures, checklists and SSAE requirements are adhered to and completed to mitigate errors.
• Reports any breaches, complaints or errors to appropriate authorities in a timely manner.
• Assists in the preparation of error reports, identifies the areas of operational risk and participates in proposing appropriate remedial actions within 24 hours of identifying the error.

Other

• May undertake any additional tasks and/or responsibilities as part of their professional development which may or may not be related to their specific function.
• Escalates any other work-related issues and concerns to the appropriate authorities in a timely manner.

Key Behaviours we expect to see

In addition to demonstrating our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following:

• Demonstrates Self-Awareness - Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
• Action Oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm
• Being Resilient - Rebounding from setbacks and adversity when facing difficult situations
• Communicates Effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences
• Customer Focus - Building strong customer relationships and delivering customer-centric solutions
• Self-Development - Actively seeking new ways to grow and be challenged using both formal and informal development channels
• Plans & Aligns - Planning and prioritizing work to meet commitments aligned with organisational goals
• Manages Conflict - Handling conflict situations effectively, with a minimum of noise
• Interpersonal Savvy - Relating openly and comfortably with diverse groups of people
• Organizational Savvy - Manoeuvring comfortably through complex policy, process and people-related organisational dynamics