Head - Fund Administration - BFSI

Role & Responsibilities Investors / LPs :

- Get the contribution agreements signed and take care of the documentation on an ongoing basis

- Keep investors updated through regular communication as well as cater to any ad hoc requirements that come along

- Share deals as they are cleared by IC and request for commitments from the investors.

- Run the business rules of allotment and address situations of over and under commitment

- Preparation of workings and computations as and when the Fund returns proceeds as the fund exits from portfolio companies

Portfolio Management & Tracking :

- Coordinate with the lawyers and any other external parties for closing transaction deal closure documentation both at the time of investment and exit

- Ensure all documentation and processes are adhered to before funds are transferred to the portfolio company

- Work with the investment team and put in place an portfolio company reporting mechanism and regular updating

- Overall incharge of preparing the quarterly Fund reports to be sent to LPs

Financial Accounting:
 

- Coordinate with the Fund Administrator in ensuring robust Book-keeping, Financial Accounting, Audit, Tax Advisory, filings with statutory authorities.

- Calculate the carry fees on exits and coordinate with the Fund Administrator to ensure collection

Compliance

- Ensure all fund documentation with LPs is in place and all the Fund's activities are in compliance at all times

- Ensure that all documents with the investors or investee are kept safe and secure.

- Along with the investment team, ensure that the portfolio company adheres to all the various compliances

- Work with the Fund Administrator to ensure that all the other external service providers are in compliance and compliant with the regulatory norms

- Ensure all regulatory (SEBI / RBI and any other regulator) requirements including reporting are complied with.

Candidate Profile:

- Educational Qualification: CA or MBA Finance from the top 20 MBA colleges in india

- Experience: 4-5 years in Fund Administration & operational roles (preference will be given to candidates with experience in AIF fund administration)

- Personal qualities: We need people with high drive and self motivation. The person has to be very detail oriented and thorough. He/She also needs to be an effective communicator both verbal and written

- Location: Can be in Bangalore or Mumbai - preferably Bangalore

- Maintain Investor wise and Deal wise P/L statements

- Have a process of being able to regularly update the NAV of the fund and communicate

- Calculate the management fees and coordinate with the Fund Administrator to ensure regular collection