Job Description for Fund Administration & Accounting – Senior Manager

We are looking to on-board a senior manager in a Fund Administration and Fund

Accounting role. The candidate is required for Fund Administration (Accounting and Investor Service)

operations for SEBI AIF Categories I, II, and III and for any other Private Equity funds that require

assistance in their fund administration and fund accounting verticals.

The candidate should be able to lead a team of professionals – Chartered Accountants and Company

Secretaries who would help AIFs and PE Funds in their respective compliance, legal and accounting

requirements.

Summary of Requirements

 Knowledge of investment operations encompassing transfer agency, settlements, cash

management and accounting including direct and indirect tax for AIF Private Equity Funds.

 Fund Accounting: set ups, NAV computation and client reporting like capital calls,

distribution working, ensuring, equalization premium and carry calculation adherence to laid

down internal and statutory guidelines and service standards agreed with the client.

 Knowledge of laws & regulations governing the Funds (AIF) industry.

 Proficiency in Scheme Fund Accounting (including NAV at set frequency) and maintaining

books of Accounts for a scheme, including passing all related accounting entries after

checking their correctness and impact on NAV.

 Inda's knowledge is an added advantage.

Primary Responsibilities

Perform all the back-office financial paperwork to support the investment teams of AIF and PE

Clients in seamless working of the assigned funds and ensure the efficient planning and execution of

the day-to-day functions. They must also set up funds correctly from a financial and legal perspective

to minimise risk and optimise governance and control. Candidate must have proficiency and broad

knowledge of KYC, FATCA.

Fund Administration Responsibilities include:

1. Coordinating all investment applications

2. Preparing and collating due-diligence information, including appropriate compliance

documentation, cash transfer processes and post-completion follow up.

3. Registering and settling all asset types and transferring assets to and from funds

4. Assisting with dealing related enquiries and providing information relating to funds,

portfolios, prices, dealing procedures, markets and currencies

5. Ensuring accurate investor records are maintained.

6. Coordinating company secretarial matters, including documentation for board and

shareholder meetings

7. Preparing and distributing shareholder statements and investment manager reports

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

9. 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 Ad hoc, 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, Inda's, 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

1. At least 5 + years of experience in the relevant field – AIF Fund Accounting experience is an

advantage

2. Prior work in any AIF or Fund administration companies

For more information connect will Hr. anshuacesglobal@gmail.com

Kindly visit the website: https://g.co/kgs/prznM83