Senior Manager - Fund Administration & Accounting

Fund Administration Responsibilities include:

- Coordinating all investment applications

- Preparing and collating due-diligence information, including appropriate compliance documentation, cash transfer processes and post-completion follow up.

- Registering and settling all asset types and transferring assets to and from funds

- Assisting with dealing related enquiries and providing information relating to funds, portfolios, prices, dealing procedures, markets and currencies

- Ensuring accurate investor records are maintained.

- Coordinating company secretarial matters, including documentation for board and shareholder meetings

- Preparing and distributing shareholder statements and investment manager reports

- Circulating interim and end-of-year financial reports to shareholders

- Ensuring regulatory and statutory filings are made in a timely manner, ensuring compliance with anti-money laundering procedures, viz., PMLA and FEMA.

Fund Accounting Responsibilities include:

- Handling financial reporting requirements for a portfolio of AIF structures, ensuring the efficient delivery of high-quality financial reports

- Book-keeping of the allocated portfolio of entities, primarily Funds and SPVs

- Computation and reconciliation of NAV, checking income accruals, NAV movement, etc.

- Reviewing Bank and Holding reconciliations and resolving breaks, if any

- Timely and accurate processing/reconciling of all fund transactions, cash bookings, and accruals

- Processing and verification of all trades for the day processed in the system.

- Preparation of investor capital account statements

- Computation of Income equalisation and distributable surplus

- Trial Balance Scrutiny

- Ensuring the integrity and accuracy of fund records

- Audit co-ordination and finalization of accounts.

- MIS & SEBI reporting on Adhoc, Bi-Monthly, Quarterly, Monthly/Half yearly & annual report for AIF and Private Equity Funds

- Coordinating with external auditors or audit for Half Yearly and Annual accounts

Candidate Strength and Capabilities:

- This role requires a wide variety of strengths and capabilities, viz.,

- High levels of numeracy, accuracy and attention to detail.

- Knowledge of Alternate Investment Funds and its regulatory framework,

- Knowledge of Fund Accounting components including the Securities industry, dividends, principal and interest, and corporate actions, and Fund Accounting, IndAS, GAAP accounting, and Account Reconciliation

- Prior fund accounting experience and proficiency in the activities of registrar/transfer agent.

- Understanding of various valuation tools and methodology.

Experience:

- At least 5 + years of experience in the relevant field - AIF Fund Accounting experience is an advantage

- Prior work in any AIF or Fund administration companies