Senior Associate - Fund Accounting - Investment Management Firm

Senior Associate - Fund Accounting | Contract Role

We are hiring for a global investment management firm for a Senior Associate - Fund Accounting role.

Location: Sakinaka, Mumbai

Working Model: 5 days a week

Engagement: Contractual

Compensation:

• Aligned to current market benchmarks and last drawn CTC
• Competitive and commensurate with experienceMember of team focused on Fund Accounting, supporting Ares' Employee Co-Invest funds:
• Ensure process and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed.
• Work with and liaise with internal resources (primarily colleagues in the U.S.), external fund administrators, and external auditors to meet all monthly, quarterly and annual reporting deadlines.
• Perform monthly and quarterly close processes, including review work of external administrators, along with producing original workpapers and analyses.
• Review and/or reperform annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.
• Produce cash flow projections and analyze daily cash management, including activity on credit lines, expected settlement timing of purchases and sales, and timing of capital calls and capital distributions.
• Monitor compliance with the Fund's Limited Partnership Agreements and credit facilities, including the preparation or review of compliance reporting.
• Prepare and assist with ad-hoc limited partner reporting, analyst and front-office requests, working in conjunction with colleagues in Los Angeles and New York to ensure timely response to our investors
• Investran experience preferred
• Review and approval of expense activity

Role Snapshot:

• Fund accounting & US GAAP reporting
• Capital accounts, waterfall calculations
• Exposure to private equity structures
• Experience on GENEVA or similar fund accounting platforms
• Global stakeholder interaction

Ideal Profile:

• 5-9 years of experience in fund accounting / private equity
• Strong understanding of US GAAP and fund structures
• Comfortable working with global teams