Senior Associate - Fund Accounting - Investment Management Firm

Senior Associate - Fund Accounting | Contract Role

We are hiring for a global investment management firm for a Senior Associate - Fund Accounting role.

Location: Sakinaka, Mumbai

Working Model: 5 days a week

Engagement: Contractual

Compensation:

- Aligned to current market benchmarks and last drawn CTC

- Competitive and commensurate with experience

Member of team focused on Fund Accounting, supporting Ares' Employee Co-Invest funds:

- Ensure process and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed.

- Work with and liaise with internal resources (primarily colleagues in the U.S.), external fund administrators, and external auditors to meet all monthly, quarterly and annual reporting deadlines.

- Perform monthly and quarterly close processes, including review work of external administrators, along with producing original workpapers and analyses.

- Review and/or reperform annual GAAP financial statements and footnote disclosures for multiple funds as well as capital account summaries for limited partners.

- Produce cash flow projections and analyze daily cash management, including activity on credit lines, expected settlement timing of purchases and sales, and timing of capital calls and capital distributions.

- Monitor compliance with the Fund's Limited Partnership Agreements and credit facilities, including the preparation or review of compliance reporting.

- Prepare and assist with ad-hoc limited partner reporting, analyst and front-office requests, working in conjunction with colleagues in Los Angeles and New York to ensure timely response to our investors

- Investran experience preferred

- Review and approval of expense activity

Role Snapshot:

- Fund accounting & US GAAP reporting

- Capital accounts, waterfall calculations

- Exposure to private equity structures

- Experience on GENEVA or similar fund accounting platforms

- Global stakeholder interaction

Ideal Profile:

- 5-9 years of experience in fund accounting / private equity

- Strong understanding of US GAAP and fund structures

- Comfortable working with global teams