Fund Accounting - AIF (CAT II)

Hiring for: A company which provides a comprehensive range of securities services (custody, fund administration, trustee services etc.) to domestic and international institutional investors.

Role: Fund Accounting - AIF (CAT II)

Positions: 5

Experience: 5 to 15 years

Location(s): Mumbai

Type: On-site / Permanent

Salary: Up to INR 25 LPA

Key Responsibilities:

• Fund Accounting & Financials
• Preparation of Balance Sheet, Profit & Loss statements, in compliance with accounting standards.
• Conduct ledger scrutiny and reconciliations to ensure accuracy.
• Handle audit processes, liaising with statutory auditors and fund administrators.
• Perform month-end closing activities including reconciliations and reporting.
• NAV & Investor Operations
• Perform Net Asset Value (NAV) calculations on a periodic basis.
• Manage investor drawdowns and capital calls,SOA, Distribution Statments
• Execute waterfall distribution mechanisms for profit allocation.
• Calculate and track management fees, performance fees, catch-up, and carry structures.
• Prepare investor reports and ensure transparent communication.
• Compliance & Benchmarking
• Ensure adherence to SEBI AIF regulations and periodic filings.
• Support NSE benchmarking processes for fund performance.
• Monitor compliance with investment restrictions and governance standards.
• Taxation & Structuring
• Perform taxation calculations for fund and investors.
• Assist in preparation of tax returns, TDS, and GST compliance.
• Provide inputs on structuring investments for tax efficiency.
• Investment & Asset Class Knowledge
• Understanding of wealth spectrum software and reporting tools preferred
• Build knowledge of asset classes (equity, debt, real estate, alternatives).
• Exposure to the operational functioning of private equity (PE) funds, VC.
• Client Coordination
• Coordinate with clients for reporting, queries, and compliance requirements.
• Self-Starter, Team Leader

Qualifications

• MBA (Finance) , Chartered Accountant (CA) preferred;
• 5-8 years of experience in fund accounting, audit, taxation, or investment operations (AIF/PE/VC exposure preferred).
• Strong knowledge of accounting standards, taxation, SEBI compliance, and fund operations.
• Proficiency in Wealth Spectrum software, MS Excel, financial modeling, and reporting tools.