Vice President
4 days ago
Location: Bangalore, India
Work Type: Full-time, on-site (5 days a week)
Reporting To: CFO & Finance Leadership (US) and Head of Stronghold India
Position Overview
We are seeking a seasoned and highly capable Vice President or Director of Accounting to lead accounting operations at our Global Capability Center (GCC) in Bangalore. This high-impact leadership role combines ownership of global financial processes with oversight of India's statutory requirements, executed in close coordination with internal teams and external partners.
This role plays a critical part in supporting Stronghold's global fund, management and service companies, and corporate accounting and reporting functions. The ideal candidate will bring strong technical knowledge, operational rigor, and practical experience operating within a GCC model for financial services, while building scalable, compliant, and efficient accounting processes and procedures.
This is a highly collaborative role, requiring regular engagement with the U.S.-based CFO and finance leadership, as well as the Head of Stronghold India, and requires working across global time zones and functional teams to support firm-wide financial goals.
Key Responsibilities
Global Fund & Corporate Accounting
- Lead accounting and financial reporting for Stronghold's investment funds, management and service companies, and global entities.
- Manage core finance functions including payroll, accounts payable/receivable, fixed assets, and general ledger activities.
- Ensure timely and accurate preparation financial statements, capital accounts, distribution schedules, and investor-level reporting packages.
- Manage fund-level capital activity within a General Partner / Limited Partner structure, including capital calls, distributions, investor reporting, and waterfall allocations.
- Maintain compliance with US Generally Accepted Accounting Principles ("US GAAP") and Indian Generally Accepted Accounting Principles ("IGAAP"), including monthly and quarterly reconciliations and oversight of internal controls.
- Develop and enforce global accounting policies and procedures to ensure consistency and accuracy across jurisdictions.
- Collaborate with internal teams and external vendors to drive annual tax planning and preparation, cash flow forecasting, and liquidity management.
- Establish and maintain a strong internal control environment to mitigate operational and financial risks.
- Support the CFO and finance leadership in delivering financial reporting, analytical insights, and forward-looking organizational planning.
- Partner with FP&A, tax, legal, and compliance teams to ensure end-to-end coordination of accounting workstreams.
- Identify and implement process improvements to enhance the efficiency and accuracy of accounting operations.
India GCC Oversight & Local Operations
- Lead India statutory and tax accounting functions in close coordination with local advisors and vendors, ensuring timely and accurate reporting.
- Oversee execution and documentation of transfer pricing policies between India and global entities.
- Ensure timely and accurate delivery of India-specific financial statements, payroll, goods and services tax ("GST"), tax deducted at source ("TDS"), and other regulatory filings.
- Manage local audits and regulatory compliance reviews, while coordinating with legal and tax advisors and engaging with government agencies.
- Collaborate with the Head of Stronghold India to align local finance operations with global objectives, deliverables and reporting timelines.
Leadership & Collaboration
- Manage and mentor the India-based accounting team, fostering a high-performance culture grounded in performance and accountability.
- Coordinate with global and local vendors, auditors, and service providers to execute end-to-end financial workflows.
- Champion consistent reporting standards, financial discipline, and professional development across the team.
- Build strong relationships across time zones and departments to support firm-wide initiatives.
Mandatory Qualifications
- Bachelor's degree from an accredited institution and at least one of the following, either an active Chartered Accountant ("CA") or Certified Public Accountant ("CPA") license, is required.
- 10 years of experience in accounting and finance roles, with significant leadership exposure. A mix of public and private experience is preferred.
- Prior experience in a Global Capability Center (GCC) or in a Big Four accounting firm supporting financial services or investment organizations.
- Prior experience in private equity, asset management, or hedge fund environments.
- Deep experience with IGAAP, US GAAP, fund-level accounting, and consolidation.
- Strong background in transfer pricing compliance and execution.
- Strong written and verbal communication skills, with a proven ability to collaborate effectively across time zones and functions.
- History of maintaining internal controls, managing reporting rigor, and scaling finance operations in dynamic environments.
- Must be based in Bangalore and able to work on-site 5 days/week.
- Willing to adjust work hours as needed to global operations, including routine engagement during US time zone hours.
- Willing to travel to the US 1–2 times annually.
Preferred Experience
- Familiarity with accounting and reporting platforms such as Sage Intacct, Total Return, Blackline, or similar cloud-based ERP systems.
- Experience managing investor reporting, capital account reconciliations, and fund-level audits in private equity or alternative asset structures.
- Exposure to inter-company eliminations, multi-entity structures, and regulatory coordination.
- Exposure to multi-entity consolidations, inter-company eliminations, and coordination with global regulatory frameworks.
- Familiarity with complex capital structures, waterfall allocations, carried interest calculations
- Exposure to finance process automation, system integrations, or deployment of workflow tools to improve reporting and controls.
- Experience supporting or leading new ERP system implementations or migrations.
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