Fund Accounting

Reports To: Associate Director

Department: Corporate Investment Bank

Location: Gurgaon

Job Summary:

We are looking for a seasoned and detail-oriented Senior Manager - Fund Accounting to lead end-to-end fund accounting operations for private equity clients, including NAV delivery, financial reporting, and fund lifecycle management in compliance with GAAP/IFRS.

The role involves driving client engagement, managing multi-layered teams, and ensuring high-quality delivery through strong governance, stakeholder management, and SLA adherence.

Key Responsibilities:

- Lead end-to-end fund accounting for PE clients, including NAV, capital accounts, capital calls/distributions, and waterfall calculations

- Oversee financial reporting (quarterly/annual), ensuring compliance with GAAP/IFRS and high accuracy of financial statements

- Manage fund lifecycle operations - investment accounting, expense allocation, management fees, and carried interest calculations

- Act as primary client interface, driving governance cadence, SLA adherence, and stakeholder communication

- Interact with multiple internal and external stakeholders, effectively interpreting third-party requests and delivering tailored solutions aligned to partner needs

- Lead and mentor multi-layered teams, ensuring quality control, efficiency, and capability development

- Drive process optimization, automation, and standardization across fund accounting workflows

- Leverage relevant tools and platforms (e.g., Investran, eFront, Geneva, Excel-based reporting models) to enhance reporting accuracy and operational efficiency

- Ensure a robust control environment exists both at the fund service providers and internally to ensure risk of error is mitigated

- Oversee external and internal administration and accounting for certain mandates, including investment valuation, data management, and asset and cash reconciliations

- Contribute to periodic regulatory compliance (SEC, AIFMD, AUM, VAT) for products under the individuals purview

- Recalculate management fees and carried interest in accordance with fund legal documents and report associated revenue to corporate controllers team

- Responsible for engaging with audit team around complex accounting topics and successful planning, coordination and completion of audited financials each year

- Communicate performance results to investors and resolve investors questions.

Required Qualifications:

- Min 9 years of relevant experience in Fund Accounting

- Concept on Alternatives Platform

- Experience in working on accounting platforms like Geneva, Investran, eFront Preparation/review of NAV Packs and Financial Statements Open End vs Closed End funds

- Fund Structure - Master/Feeder, stand alone, SPVs, Blockers

- Investor allocation concepts

- Management Fees, Performance fees - definitions and calculation methodologies

About Evalueserve:

Evalueserve is a global leader in managed services that empower smarter decision-making and streamline critical workflows for more than 30% of the Fortune 500 companies across 45 countries. With over 4,500 professionals worldwide, our solutions are grounded in deep domain expertise and enhanced by cutting-edge AI and automation to boost productivity and scale client impact.

We foster a merit-based and innovation-driven culture that encourages creativity, continuous learning, and professional growth. Our hybrid working model provides international exposure and flexibility.