Function: Fund Services
Job Type: Permanent
Location: Bangalore/Mumbai
Work Mode: Hybrid
Senior Fund Accountant- Private Equity
The Senior Fund Accountant will be responsible for end-to-end accounting, reporting, and investor servicing for Private Equity clients. The role involves reviewing NAV packs, managing capital activity, ensuring accuracy of financial statements, and acting as a key point of contact for internal teams, auditors, and clients. The ideal candidate will possess strong product knowledge, analytical skills, and prior experience in alternative investment fund accounting.
Key Responsibilities
Fund Accounting & NAV
- Prepare and review monthly/quarterly NAV calculations for Private Equity funds and SPVs
- Ensure accurate accounting of investments, including fair value measurement in accordance with valuation policies
Review general ledger, trial balances, and supporting schedules
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Capital Activity & Investor Reporting
- Process capital calls, distributions, and equalization calculations
- Prepare and review investor capital statements and notices
Maintain accurate LP records and investor allocations
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Financial Reporting
- Prepare quarterly and annual financial statements in accordance with US GAAP / IFRS
- Coordinate audit deliverables and support external auditors during fund audits
Review management fee and carried interest calculations
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Cashflow & Performance Reporting
- Prepare and review fund cashflow forecasts and liquidity schedules
- Support IRR, MOIC, and other performance metrics
Assist with Board, Investment Committee, and client reporting
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Controls, Compliance & Documentation
- Ensure compliance with fund legal documents (LPA, PPM, side letters)
- Maintain strong internal controls and adhere to SOX or equivalent control frameworks
Support regulatory and compliance reporting as required
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Stakeholder Management
- Act as a key point of contact for auditors, fund administrators, custodians, and internal teams
Respond to internal and external queries in a timely and professional manner
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Team Leadership & Process Improvement
- Review work of junior accountants and provide guidance and mentoring
- Identify and implement process improvements and automation opportunities
Support transitions of new funds and structures
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Qualifications & Experience
- CA / CPA / ACCA or equivalent professional qualification
- 5–8 years of experience in Private Equity or Alternative Investment fund accounting
- Strong understanding of PE fund structures, capital accounting, and valuation methodologies
- Hands-on experience with accounting systems (e.g., Investran, eFront, Yardi, Geneva, or similar)
Advanced Excel skills; experience with reporting and workflow tools preferred
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Key Skills & Competencies
- Strong analytical and problem-solving skills
- High attention to detail with ability to meet tight deadlines
- Excellent communication and stakeholder management skills
- Ability to work independently and manage multiple priorities
Team leadership and coaching mindset
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Preferred Attributes
- Experience supporting Board or investor-level reporting
- Exposure to multi-currency funds and complex investment structures
- Experience working in a global delivery or shared services model
