Fund Accounting Role - Real Estate Fund - CA

Title: Fund Accounting

Work Location: Mumbai

Job Description -

- Managing Operations of Real Estate Funds (AIF/VCF).

- Work closely with the Investor Relations team to respond to investor queries and to disseminate capital activity and other investor notices.

- Ensuring timely preparation of various statement for servicing investors

- Reviewing the work of fund accounting team & guiding them in preparation of books of accounts.

- SEBI/Other Compliances

- Reviewing books of investment Manager& assisting in the audit of the investment manager.

- Audit strategy - Audit planning and compliances with Audit requirement. Preparing the organization well in advance for Audit Requirements for Audit of Funds.

- Knowledge of Entire Fund lifecycle

- Solving investors queries on a timely basis

- Practically implemented distribution workings for Funds.

- Preparing & Projections of Investment Manager.

- Coordinating with developers for timely payment of dues and sending timely reminders to them.

- Giving NOC for various projects.

- Handling taxation of funds including return filing, payments, Assessments for Income Tax, TDS, GST.

- Coordinate the processing of payments and other transactions.

- Coordination with distributor for finalizing commercials & execution of the agreement.

- Completing the valuation of projects/investments on a timely basis.

- Handling compliance (15CA/CB) in respect of NRI investors while remitting money back.

- Reviewing fund documents like contribution agreement, PPM, Trust Deed, Investment Management Agreement & giving inputs on the same.

- Resolving queries of distributors for new funds & making them understand the key terms of the fund.

- Prepare/Review calculations of carried interest/performance/incentive fees.

- Prepare/Review calculations and investor allocations for capital calls, distributions, and equalizations.

- Prepare/Review partner capital account statements.

- Maintaining relationships with investors, investment advisors/managers, banks and auditors, and other fund participants.

- Assisting auditors and other fund participants and advisers.

- Preparing various MIS for management review.

EDUCATIONAL QUALIFICATION & EXPERIENCE

- Only for Chartered Accountants

- 2-4 years of relevant experience