Senior Fund Accountant

Job Title: Assistant Manager/ Manager
Location- Bangalore

Shift- UK shift

Work Mode - Hybrid

Key Responsibilities

Fund Accounting & Financial Reporting

• Oversee period‑end and year‑end close processes for private equity funds, including:
  • NAV calculations and investor capital account statements
  • Waterfall calculations and carried interest allocations
  • Management fee and expense accruals
• Review and approve:
  • Quarterly and annual financial statements
  • Investor reporting packages
• Ensure accurate accounting for:
  • Capital calls and distributions
  • Investment acquisitions, disposals, and valuations
  • Co‑investments, SPVs, blockers, and holding structures
• Investment & Transaction Oversight
  • Review transaction accounting for:
    • Equity and debt instruments
    • Complex deal structures and multi‑currency investments
  • Coordinate with investment teams to:
    • Validate transaction inputs and financial impacts
    • Support deal lifecycle events (closings, exits, restructurings
  • Act as primary point of contact for:
    • External auditors
    • Tax advisors
    • Regulatory bodies (where applicable)
  • Manage annual audit cycles and review audit deliverables
  • Ensure compliance with:
    • Fund LPA and side letters
    • Applicable accounting standards (US GAAP / IFRS / Lux GAAP, as applicable)
  • Review tax‑related information affecting fund accounting (DTA/DTL awareness, not tax filing)
  • Lead, mentor, and develop a team of fund accountants
  • Allocate work, perform quality reviews, and ensure adherence to SLAs
  • Support hiring, onboarding, and performance management
  • Act as a trusted point of contact for clients, GPs, and internal stakeholders
  • Drive process standardisation, automation, and efficiency initiatives
  • Review and enhance internal controls and procedures
  • Participate in system implementations or enhancements (e.g., Investran,Geneva)

Qualifications & Skillset:

• Having 7+ years of experience into Fund Accounting.
• Strong knowledge of:
  • Private Equity fund accounting and NAV concepts
    • Capital accounting and carried interest mechanics
• Proficiency in fund accounting systems and Excel
• Strong analytical, review, and problem‑solving skills
• Ability to manage multiple funds and deadlines
• Excellent communication and stakeholder‑management skills