Asscoiate Consultant Fund Accounting

Job Description

#KGS

‒To work on Private Equity / Hedge Fund Operations such as Fund / Financial Accounting – Book-keeping, Journal Posting, Preparation of Financial Statements and financial reporting.

‒Handling areas such as ‘Management Fee’, ‘Carried Interest’ and other fund related expense for calculation & posting,

‒Capital Calls- Preparation of Capital Call memos,

‒Follow up with LPs for funding Distribution - Preparation of distribution waterfall calculation, LP Memo Preparation,

‒Reconciliation - Cash reconciliation, cash tracking, posting entries, cash reporting and tracking of Capital transactions.

‒Valuation - Valuation of Portfolio Investments

‒Financial Statements preparation of Private Equity / Hedge Fund Operations

‒Reasonable understanding of Private Equity / Hedge Funds processes such as Accounting, Investor Reporting, Capital Calls, Distribution, Financial Statements etc.

‒To strive to create a healthy and professional work environment in the team.

‒Display interpersonal skills in handling the day-to-day operations on the floor.

Responsibilities

‒To work on Private Equity / Hedge Fund Operations such as Fund / Financial Accounting – Book-keeping, Journal Posting, Preparation of Financial Statements and financial reporting.

‒Handling areas such as ‘Management Fee’, ‘Carried Interest’ and other fund related expense for calculation & posting,

‒Capital Calls- Preparation of Capital Call memos,

‒Follow up with LPs for funding Distribution - Preparation of distribution waterfall calculation, LP Memo Preparation,

‒Reconciliation - Cash reconciliation, cash tracking, posting entries, cash reporting and tracking of Capital transactions.

‒Valuation - Valuation of Portfolio Investments

‒Financial Statements preparation of Private Equity / Hedge Fund Operations

‒Reasonable understanding of Private Equity / Hedge Funds processes such as Accounting, Investor Reporting, Capital Calls, Distribution, Financial Statements etc.

‒To strive to create a healthy and professional work environment in the team.

‒Display interpersonal skills in handling the day-to-day operations on the floor.

Qualifications

• Qualifications: CA/MBA Finance
• Experience: 1+years of relevant experience in Private equity/ Hedge funds operations.
• Experience in the Private Equity / Hedge Fund accounting and Financial reporting and financial statement preparation.
• Experience in dealing in areas such as management fee, carried interest, partners contribution and distribution calculations.
• Financial Statements preparation of Private Equity / Hedge Fund Operations, must have knowledge of ASC 946, fair value accounting, Financial reporting and SEC reporting
• Product Experience: OTCs, derivatives, TBAs, equity, FI, swaps, loan product experience,
• Experience around NAV calculation, preparation of various reconciliations pertaining to areas such as repayment of LCs and cash and bank.
• Cash Tracking, cash reporting, posting accounting entries.
• Tracking of Capital transactions
• Knowledge of valuation of Portfolio Investments
• Experience of accounting applications such as Investran, InvestAI, Altryx, Workiva and other SAP tolls is preferred.