Fund Accountant

CSC

Fund Accountant coordinating fund setup and allocations for private equity accounting in Mumbai. Requires expertise in fund structures, accounting transactions, and client interaction.

Posted 4/13/2026full-timeMumbai • 🇮🇳 IndiaMid-LevelSeniorWebsite

About the role

Key responsibilities & impact

Fund Accounting team is responsible to Coordinate in Fund setup i.e. N Tier or GWI including setup of Classes, Special allocation groups, multiple legal entities, defining all the linkages and hierarchies across multiple Masters and Feeders, defining Catch-up and Carry terms and classes.
Performing system fund allocations in GWI month on month and verifying the correctness of all attributes.
Knowledge of private equity/debt fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure.
Knowledge on the role of Investors’ classes, GP class, carry class, Affiliated / Non-affiliated classes.
Recording investor’s commitments and knowledge on accounting of initial/subsequent/late closings.
Processing capital activities, subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules.
Booking trading and non-trading transactions and finalizing books of accounts.
Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European & American waterfall methods.
Computation of management fees in various periods, preferred returns and carried interest computations.
Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple.
Handling Investor reporting, Fund level reporting and ILPA reporting (optional).
Interacting with clients on various accounting/operational issues.
Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments.

Requirements

What you’ll need

Preferred Bachelors/Master’s in Commerce, Finance & Accounting disciplines.
Experience in working across country lines and operating in a global, multinational organization, ideally in a matrix structure.
Demonstrable accomplishments relating to organizational change activities in a fast-paced environment.
Willing to work in global shifts.
Excellent verbal and written communication in English & Strong problem-solving skills.

Benefits

Comp & perks

Annual success-sharing bonuses or commission plans based on individual performance.
A range of support to colleagues with disabilities.
Competitive and comprehensive benefits package that includes annual leave, tuition reimbursement, referral bonuses, and more.
Hybrid or remote work schedules in alignment with local regulations.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

fund accountingprivate equity fund structuresdebt fund structurescapital activities processingNAV preparationmanagement fee computationinternal rate of returntime weighted returninvestment multipleILPA reporting

Soft Skills

communicationproblem-solvingorganizational changeclient interactionadaptability

Certifications

Bachelor's in CommerceMaster's in FinanceMaster's in Accounting