Manager - Fund Accounting

Job Title: Manager Fund Accounting

Department: Fund Accounting

Reporting To: COO

Job Purpose

The Manager Fund Accounting is responsible for overseeing day-to-day fund accounting operations, ensuring accurate and timely NAV computation, financial reporting, and regulatory compliance. The role involves managing a team of fund accountants, coordinating with internal stakeholders and external service providers, and contributing towards operational excellence and organizational goals.

Key Responsibilities

1. Fund Accounting Oversight

- Oversee preparation and review of NAV, fund valuations, financial statements, performance reports, and investor reporting for multiple funds.

- Ensure accuracy of general ledger accounts, including reconciliation of investment positions and cash balances.

- Monitor accounting and reporting processes to ensure compliance with applicable accounting standards and regulatory requirements.

2. NAV & Financial Reporting

- Prepare and review NAV calculations, including management fee and performance fee computations.

- Conduct fund performance analysis and share reports with investors and internal stakeholders.

- Ensure timely and accurate reporting in line with agreed timelines and service standards.

3. Regulatory & Compliance

- Ensure all fund accounting activities adhere to regulatory requirements and internal control frameworks.

- Prepare and review regulatory filings, tax reports, and other compliance-related documentation.

- Liaise with auditors and compliance teams during audits and regulatory reviews.

4. Process Improvement & Controls

- Identify opportunities for process improvements and implement best practices to enhance efficiency and accuracy.

- Develop, update, and maintain accounting policies and procedures to ensure consistency and operational robustness.

5. Stakeholder Management & Coordination

- Collaborate with portfolio managers, compliance teams, external fund administrators, RTAs, and auditors to ensure accurate and timely reporting.

- Communicate complex accounting concepts and financial information clearly to stakeholders across levels.

6. Project Management

- Lead or participate in special projects including system upgrades, process enhancements, and integration initiatives related to fund accounting.

7. Problem Resolution

- Investigate and resolve accounting discrepancies, errors, and operational issues in a timely manner.

- Provide analytical support for resolving complex fund accounting queries and exceptions.

Qualifications

- Education: CA / MBA / Masters degree in Accounting, Finance, or a related field.

- Relevant professional certification preferred.

- Experience: 5 to 7 years of experience in fund accounting or related financial management roles.