Key Responsibilities

Fund Accounting & NAV Oversight

• Plan, schedule, and manage daily workflows and client deliverables within the team.
• Review and reconcile fund NAVs for AIF Category II funds on a daily, monthly, and quarterly basis.
• Finalize month-end NAVs and prepare Investor Level Allocation Reports.
• Perform and review performance fee calculations, including series accounting and equalization methodologies.
• Review and oversee:
  • Daily journal entries
  • Management fee calculations
  • Investment valuations
  • Financial and investor reporting
  • Ad-hoc client reporting

Portfolio Valuation & Regulatory Compliance

• Review portfolio pricing in accordance with IFSCA and SEBI regulations.
• Analyze and resolve pricing exceptions and valuation discrepancies.
• Accrue and amortize non-security-related expenses, including:
  • Management fees
  • Financing costs
  • Other fund expenses
• Ensure compliance with all applicable IFSCA and SEBI guidelines for closed-ended funds.

Client Management

• Act as a key point of contact for clients.
• Communicate effectively regarding:
  • Daily estimates and NAV reporting
  • Fund performance reporting
  • Operational and accounting queries
  • Issue resolution and escalations

Capital Activity & Reporting

• Review and oversee all fund capital activities.
• Support the preparation and review of regulatory filings and reporting requirements.
• Assist in the preparation of audited financial statements and audit-related deliverables.

Process Excellence & Controls

• Design and implement operational controls to ensure high-quality service delivery.
• Ensure adherence to all service level agreements (SLAs) across daily, weekly, monthly, and quarterly deliverables.
• Develop and maintain process checklists to ensure accuracy, completeness, and timeliness.
• Review and update process documentation regularly.
• Support automation initiatives, work migrations, system conversions, and operational improvement projects.

Team Management

• Lead and manage the fund accounting team.
• Conduct performance reviews and appraisals.
• Drive employee development, mentoring, and succession planning.
• Foster a culture of continuous improvement and operational excellence.

Required Skills & Qualifications

Experience

• 8+ years of experience in Fund Accounting with strong exposure to:
  • Alternative Investment Funds (AIF Category II)
  • GIFT City Funds
  • Closed-ended fund structures

Technical Knowledge

• Strong understanding of valuation methodologies for:
  • Equities
  • Derivatives
  • Debt instruments
  • Bonds and debentures
  • Unlisted securities
• Thorough knowledge of SEBI and IFSCA valuation guidelines.
• Expertise in:
  • Performance fee calculations
  • Management fee calculations
  • Equalization methodologies
  • Waterfall calculations

Education

• CA / CFA / MBA (Finance) / M.Com or equivalent qualification.

Systems & Tools

• Proficiency in Advanced Microsoft Excel.
• Experience with fund accounting platforms such as:
  • EFront
  • Allvue
  • Paxus
• Experience with General Ledger Accounting systems.

Competencies

• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Excellent communication and stakeholder management skills.
• Ability to work effectively under tight deadlines.
• Willingness to work additional hours when required.