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23/01 Vani
Recruiter at Contactx

Views:3267 Applications:84 Rec. Actions:Recruiter Actions:16

Hedge Funds Role - Consulting Firm - CA (2-5 yrs)

Bangalore Job Code: 657114

We are currently retained by leading consulting firm to recruit for Hedge Funds for 1-3 Years exp Post Qualification with leading consulting firm.

Roles and Responsibilities

1. Preparation and review of financial statements will typically include:

a. Statement of assets and liabilities

b. Statement of operations

c. Statement of changes in net assets

d. Statement of cash flows (if applicable)

e. Financial highlights

f. Portfolio of investments or Schedule of Investments

g. Notes to financial statements

2. Preparation and review of the financial statements is done based on the back up data such as trial balance, valuation reports, holding reports etc. made available to us by the client / in-house teams.

3. In addition to the preparation and review of financial statements it also involves preparation of various footnotes attached to the POI and/or related disclosures in the financial statements.

4. The financial statements are prepared in conformity with the applicable requirements of US GAAP or IFRS as the case may be, including any requirements as per SEC regulations in case of SEC registered funds.

5. In addition to the above there are also client specific disclosures to be made in the notes to the financial statements.

6. After relevant reviews by the Officers involved with the client the draft financials are shared with the client and the comments received if any are resolved. We also work towards resolving and addressing audit review comments as the final step of the process.

7. Hedge funds specific issues:

a. Understanding of complex master-feeder fund structures.

b. Categorization of investments based on industry, country or geographic region and applying percentage tests on the same.

c. Non-income producing securities & securities pledged as collateral should be identified as such.

d. Understanding on long and short positions in the same security (boxed positions) which should be disclosed on a gross basis in the schedule of investments.

e. Disclosures in relation to derivative instruments in its statement of financial position as either assets or liabilities.

f. The initial and subsequent measurement of financial instruments and other items that should be at fair value.

g. Calculation of net asset value per share which should be disclosed for each class of shares.

h. Calculation of net investment income

i. Calculation of investment advisory or management fees

j. Calculation of realized and unrealized gain/loss on investments and foreign currency

k. Compute the expense and net investment income ratios using the expenses presented in the fund's statement of operations and/or other ratios such as IRR, Portfolio turnover ratio

Qualifications and Skills

- Qualified CA (from a Big 4 would be an advantage)

- 1- 3 years or more experience in working in Hedge fund or in a similar environment

Experience and Background

- Knowledge of hedge fund industry is a must

- In depth knowledge of external audit

- Understanding of GAAP, IFRS and banking or fund management sector will be an added advantage

- Proficiency in MS Office (Excel, Word and PowerPoint)

- Proficiency/Working knowledge of Adobe Professional would be an added advantage

Send your updated resume and following details:

Current ctc -

Expected ctc -

Notice period

Reason for change -

Preferred Location -

Highest qualification

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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