Job Summary:

We are seeking an experienced Fund Operations Manager with strong expertise in Alternative Investment Funds (AIFs), fund accounting, and fund operations to manage end-to-end operational processes for investment funds.

The ideal candidate should have deep knowledge of fund structures, financial reporting, compliance, investor servicing, and regulatory frameworks, particularly within Category I/II AIFs.

This role requires strong operational leadership, stakeholder coordination, and process optimization capabilities.

Key Responsibilities:

Fund Operations & Administration:

- Manage end-to-end fund operations including capital calls, drawdowns, distributions, redemptions, and investor onboarding/offboarding.

- Oversee daily operational workflows across fund lifecycle activities.

- Ensure smooth execution of subscription, allotment, transfers, and investor servicing processes.

- Maintain fund records, transaction logs, and operational documentation.

Fund Accounting & Financial Management:

- Oversee NAV calculation, fund accounting, and reconciliation activities.

- Review and validate fund books, general ledger entries, trial balances, and accounting records.

- Monitor and reconcile bank accounts, investment transactions, management fees, carried interest, and expenses.

- Supervise preparation of financial statements, fund reports, and accounting schedules.

- Review capital account statements and investor allocations.

Compliance & Regulatory Management:

- Ensure compliance with SEBI AIF Regulations, Companies Act, FEMA guidelines, taxation, and other applicable regulations.

- Manage regulatory filings, statutory reporting, and compliance submissions.

- Support implementation and monitoring of internal controls, governance frameworks, and compliance processes.

- Stay updated with changes in regulatory and compliance requirements affecting fund operations.

Stakeholder Management:

Coordinate with external stakeholders including:

- Custodians

- Trustees

- Fund administrators

- Auditors

- Legal advisors

- Tax consultants

- Banks and service providers

- Manage investor queries, reporting requirements, and operational escalations.

- Support senior management with operational insights and reporting.

Reporting & MIS:

- Review and prepare financial reports, investor reports, dashboards, and MIS.

- Track portfolio investments, cash flows, commitments, and deployment schedules.

- Prepare management reports for fund performance, expenses, and liquidity tracking.

- Support board, trustee, and investment committee reporting requirements.

Audit & Process Improvement:

- Manage internal audits, statutory audits, tax audits, and compliance audits.

- Coordinate audit documentation, schedules, and issue resolution.

- Identify operational inefficiencies and drive process automation and workflow improvements.

- Implement best practices in fund operations and controls.

Team Management:

- Lead and mentor fund operations team members.

- Allocate responsibilities, monitor deliverables, and ensure operational excellence.

- Build operational processes, SOPs, and training frameworks.

Required Skills & Qualifications:

- 8+ years of experience in fund operations, fund accounting, or investment operations.

- Strong understanding of AIF structures, fund lifecycle, and investment operations.

- Experience handling Category I/II AIFs preferred.

- Strong knowledge of SEBI regulations and compliance frameworks.

- Expertise in fund accounting, NAV calculation, reconciliations, and financial reporting.

- Experience in investor onboarding, KYC/AML processes, and capital activity management.

- Strong knowledge of financial statements, MIS reporting, and audit coordination.

- Proficiency in Excel, financial systems, and reporting tools.

- Strong stakeholder management and communication skills.

- High attention to detail, analytical thinking, and problem-solving ability