Team Leader of Fund Accounting - eFront

• Job Description: eFront & Fund Accounting Specialist
• Role: eFront / Fund Accounting Specialist
• Experience: 7–10 years preferred
• Function: Fund Accounting / Investment Operations / Technology & Implementation
• Location: Bangalore
• Work Mode: Hybrid
• Employment Type: Full-time

Role Overview

We are looking for an experienced professional with strong hands-on knowledge of eFront and a solid understanding of Fund Accounting, particularly within Private Equity, Private Debt, Real Estate, or other Alternative Investment funds.

Key Responsibilities

• Work extensively on eFront for fund accounting, investment operations, and reporting processes.
• Understand and support the complete fund accounting lifecycle, including:
• Capital calls and distributions
• Investor commitments
• Contributions and withdrawals
• Management fees and fund expenses
• Investment purchases and disposals
• Income and expense processing
• NAV calculation and validation
• General ledger and trial balance
• Investor allocations
• Carried interest and waterfall calculations
• Fund and investor reporting
• Configure and support fund structures, investors, investments, transactions, accounting rules, and reporting within eFront.
• Analyze business requirements and translate them into appropriate system or operational solutions.
• Perform functional analysis, configuration, testing, and validation of eFront changes.
• Investigate production issues and perform root-cause analysis, particularly where accounting results need reconciliation with underlying transactions.
• Support eFront implementations, upgrades, data migrations, integrations, and enhancements.
• Prepare functional specifications, test scenarios, test cases, and reconciliation documentation.
• Support SIT/UAT and coordinate issue resolution with Technology and business teams.
• Work with upstream/downstream applications and interfaces involving accounting, cash, investment, investor, and reporting data.
• Identify opportunities for automation and process improvement.

Required Skills & Experience

• 7 to 10 + years of overall experience, with meaningful hands-on experience in eFront.
• Strong understanding of fund accounting concepts and processes.
• Experience working with Private Equity, Private Debt, Real Estate, Infrastructure, Fund of Funds, or alternative investment funds.

Good understanding of

• NAV and fund valuation
• Double-entry accounting
• General ledger
• Investor accounting
• Capital activity
• Fees and expenses
• Income allocation
• Carried interest / waterfalls
• Financial and investor reporting
• Ability to understand a transaction from both business and accounting perspectives.
• Experience with eFront configuration, production support, implementation, enhancement, or migration projects.
• Strong analytical and reconciliation skills.
• Experience preparing requirements, functional specifications, and test cases.
• Good communication skills with the ability to work directly with Fund Accounting and Operations stakeholders.

Preferred / Good-to-Have Skills

• Experience with eFront Invest / eFront Insight or related eFront modules.
• Experience working on large-scale eFront implementation or transformation programs.
• Experience with accounting and reporting integrations.
• Understanding of IFRS / US GAAP applicable to investment funds.
• Exposure to other alternative-investment platforms or accounting systems is advantageous.