Am/manager Of Fund Accounting Mumbai

• Am/manager Of Fund Accounting Mumbai
• Company: Leading
• Job Location: Mumbai, Maharashtra, India
• Employment Type: Full-time
• Experience Required: 5+ years
• Description
• Job Title : AM/Manager
• Function : Fund Services
• Job Type : Permanent
• Location : Mumbai
• Shift : UK Shift
• Position:

This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity & Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with specialized accounting services.

Responsibilities:

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 investors commitments and knowledge on accounting of initial/subsequent/late closings.

Processing capital activities i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules. Processing and understanding the role of Master-feeder capital transactions

• Responsible for 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
• Profile Requirement:
• Preferred Masters in Finance & Accounting or Chartered Accountant
• Experience in Financial Services / Capital Markets Industry with min 5+yrs work experience in Private Equity / Financial Reporting
• 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 setting
• Willing to work in rapid paced agile industry
• Positive attitude, team player, pro-active and ready to accept challenges
• Excellent verbal and written communication skills .