CSC

Fund Accountant

CSC

full-time

Posted on:

Location Type: Hybrid

Location: Mumbai • India

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About the role

  • 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

  • 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
  • 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.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

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