Assistant Vice President/Chief Manager - Private Equity Fund Accountant

We are seeking a skilled and detail-oriented Private Equity Fund Accountant with experience in Indian Category II Alternative Investment Funds (AIFs) to join our team. The ideal candidate will have a reasonable understanding of International Financial Reporting

Standards (IFRS) and regulations, particularly as they pertain to private equity funds. As a Fund Accountant, you will be responsible for managing the financial accounting and reporting functions for our Category II AIF, ensuring accuracy, compliance, and transparency in financial operations. Knowledge of advent Geneva accounting software are added advantage.

Roles s Responsibilities:

- NAV Calculation: Calculate Net Asset Value (NAV) for the fund on a periodic basis, ensuring accuracy and adherence to valuation methodologies outlined in the fund's offering documents, Investor Allocation.

- Calculation of waterfall, drawdown, capital call, distribution, preparing unit holding statement, tracking commitment, funded, unfunded and equalization in accordance with the Fund documentation.

- Analysis of daily/monthly PNL C NAV.

- Daily cash and position reconciliation between fund and broker/custodian.

- Managing daily operations of entire fund accounting activities for specific clients and ensuring stringent adherence to regulatory requirements.

- Managing Investment operation activities comprising portfolio valuation, multi-currency portfolio accounting, income and expense accrual, dividend distribution etc.

- Preparation of Financial Statements as per USGAAP /IFRS.

- Independently handling the year end Audit and finalization of Annual Financials.

- To prepare monthly valuations, reconciliations of fund draw downs and distributions, accruals, expenses etc.

- To input double entry bookkeeping to the accounting system.

- To perform cash reconciliation and management for the Funds.

- To prepare Fund investor capital statements as required.

- To prepare Fund and investor IRR calculation as required.

Required Skills

Nav Calculations

Nav Preparation

Nav Processing