Deputy Manager - Fund Accountant

Key Responsibilities:
Fund Accounting Operations:
- Perform and review daily, monthly, quarterly, and annual fund accounting activities for Private Equity funds.
- Ensure accurate calculation and validation of Net Asset Value (NAV) for assigned funds.
- Review fund financial statements, capital account statements, and investor reporting packages.
- Monitor and reconcile cash positions, investment transactions, and portfolio valuations.
- Manage fund expenses, accruals, allocations, and distributions in accordance with fund agreements.
Waterfall and Distribution Calculations:
- Execute and review complex waterfall calculations and carried interest allocations.
- Validate capital calls, distributions, management fees, and performance fee calculations.

- Ensure compliance with fund governing documents and investor agreements.
Reconciliations and Issue Resolution:
- Take complete ownership and accountability for identifying, investigating, and resolving cash breaks within established timelines.
- Perform reconciliations between fund records, custodians, administrators, and counterparties.
- Escalate and resolve operational and accounting discrepancies proactively.
Stakeholder Management:
- Coordinate with internal teams including Operations, Treasury, Investor Relations, Compliance, and Audit teams to ensure smooth execution of fund accounting activities.
- Act as a key point of contact for fund-related accounting queries and operational issues.
- Support external auditors and facilitate audit requirements during quarterly and annual audits.
Process Improvement & Controls:
- Ensure adherence to internal controls, accounting standards, and regulatory requirements.
- Identify opportunities for process improvements, automation, and operational efficiency.
- Assist in developing and implementing best practices across fund accounting processes.
Required Skills & Qualifications:
Educational Qualification:
- Bachelor's or Master's degree in Finance, Accounting, Commerce, or a related discipline.
- CA, CPA, CFA, ACCA, or equivalent professional qualification preferred.
Experience:
- 6-9 years of relevant experience in Private Equity Fund Accounting.
- Strong hands-on experience in NAV calculation and waterfall model calculations.
- Experience handling complex fund structures, capital activity, and investor allocations.
- Exposure to financial reporting, reconciliations, and fund audits