Senior Fund Accountant

Job Title: Assistant Manager/ Manager

Location- Bangalore

Shift- UK shift

Work Mode - Hybrid

Key Responsibilities

Fund Accounting & Financial Reporting

• Oversee period‑end and year‑end close processes for private equity funds, including:
• NAV calculations and investor capital account statements
• Waterfall calculations and carried interest allocations
• Management fee and expense accruals

Review and approve

Quarterly and annual financial statements

Investor reporting packages

Ensure accurate accounting for

• Capital calls and distributions
• Investment acquisitions, disposals, and valuations
• Co‑investments, SPVs, blockers, and holding structures

Investment & Transaction Oversight

Review transaction accounting for

Equity and debt instruments

Complex deal structures and multi‑currency investments

Coordinate with investment teams to

Validate transaction inputs and financial impacts

Support deal lifecycle events (closings, exits, restructurings

Act as primary point of contact for

• External auditors
• Tax advisors
• Regulatory bodies (where applicable)
• Manage annual audit cycles and review audit deliverables

Ensure compliance with

• Fund LPA and side letters
• Applicable accounting standards (US GAAP / IFRS / Lux GAAP, as applicable)
• Review tax‑related information affecting fund accounting (DTA/DTL awareness, not tax filing)
• Lead, mentor, and develop a team of fund accountants
• Allocate work, perform quality reviews, and ensure adherence to SLAs
• Support hiring, onboarding, and performance management
• Act as a trusted point of contact for clients, GPs, and internal stakeholders
• Drive process standardisation, automation, and efficiency initiatives
• Review and enhance internal controls and procedures
• Participate in system implementations or enhancements (e.g., Investran,Geneva)

Qualifications & Skillset

Having 7+ years of experience into Fund Accounting.

Strong knowledge of

• Private Equity fund accounting and NAV concepts
• Capital accounting and carried interest mechanics
• Proficiency in fund accounting systems and Excel
• Strong analytical, review, and problem‑solving skills
• Ability to manage multiple funds and deadlines
• Excellent communication and stakeholder‑management skills