Fund Accountant

Location

Secunderabad | India

Job description

The Fund Accountant is responsible for overseeing the financial activities of investment funds, including accounting, reporting, and analysis. This includes maintaining accurate financial records, preparing financial statements, reconciling investment transactions, and ensuring compliance with relevant regulations and accounting standards. The Fund Accountant works closely with internal and external stakeholders, including investment managers, administrators, auditors, and investors, to ensure timely and accurate reporting of financial information.

Roles and Responsibilities:

• Maintain accurate and up-to-date financial records for investment funds, including recording investment transactions, calculating net asset values (NAVs), and reconciling cash and investment positions.
• Should have worked with Mutual Funds, Alternative Investment Funds (AIF), Hedge Funds/Private Equity Funds.
• Prepare and review financial statements, including balance sheets, income statements, and cash flow statements, in accordance with relevant accounting standards and regulatory requirements.
• Monitor and analyze fund performance, including investment returns, fees, and expenses, and provide timely and accurate reporting to internal and external stakeholders.
• Collaborate with investment managers and administrators to ensure accurate and timely valuation of investment assets, including fair value assessments and pricing of complex financial instruments.
• Reconcile investment transactions and cash balances with custodians and administrators, investigate and resolve discrepancies, and ensure accurate reporting of investment activity.
• Assist with the preparation of periodic reports for fund investors, including capital call notices, distribution notices, and investor statements, and respond to investor inquiries regarding fund performance and financial information.
• Ensure compliance with relevant regulations, accounting standards, and internal policies and procedures, and participate in audits conducted by external auditors or regulatory agencies.
• Provide support in the onboarding of new funds, including setting up accounting systems, implementing controls, and documenting procedures.

Qualifications:

• Bachelor's degree in accounting, finance, or related field. Professional certifications such as CA, CPA or CMA are preferred.
• Minimum of 1-4 years of experience in fund accounting or related financial accounting roles, preferably in the asset management or investment industry.
• Strong understanding of accounting principles, financial reporting standards, and regulatory requirements related to investment funds, such as Indian GAAP , IFRS, SEBI regulations.
• Proficiency in fund accounting systems and software, such as Advent Geneva, TLM, Multifonds , Investran, or similar platforms.
• Excellent analytical and problem-solving skills, with attention to detail and accuracy in financial reporting and analysis.
• Strong communication skills, both written and verbal, with the ability to effectively collaborate with internal and external stakeholders.
• Ability to work in a fast-paced environment, prioritize multiple tasks, and meet deadlines.
• Knowledge of investment instruments, including equities, fixed income, derivatives, and alternative investments, and their accounting treatment is a plus.
• Understanding of fund structures, such as Master Feeder, Multi-Managed Funds, Offshore Feeder Funds, and their operational processes is d esirable.
• Proficient in MS Excel and other Microsoft Office applications. Experience with data analysis tools and technologies is a plus.

About the Company

1.    New FinTech startup with a mandate to disrupt the Transfer Agency business handling Share Registry, Mutual Funds, Alternate investments and pension

2.    Reporting: To the Founder and CEO

3.    Location: Based at Hyderabad

4.    Compensation: The best in the industry

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Work benefits

1.    Vibrant work culture with flexible working hours

2.    Excellent opportunity to learn and grow

3.    Medical insurance: Comprehensive insurance coverage

Job tags

Salary