Team Leader of Fund Accounting

Team Leader of Fund Accounting 

Location: Mumbai/Bangalore/Chennai 
Shift: UK Shift 
Work Mode: Hybrid 

The position: 

This position is for a member of the client facing fund services team catering to Global Hedge Fund, Private Equity & Debt Fund clients. The fund services team deals with complex fund structures along with multiple asset classes across jurisdictions with specialized accounting services 

 
Roles & Responsibilities: 

• Knowledge of private equity/ debt fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure 
• Knowledge on the role of Investors’ classes, GP class, carry class, Affiliated / Non-affiliated classes. 
• Recording investors commitments and knowledge on accounting of initial/subsequent/late closings. 
• Processing capital activities i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules. Processing and understanding the role of Master-feeder capital transactions 
• Responsible for booking trading and non-trading transactions and finalizing books of accounts. 
• Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European & American waterfall methods 
• Computation of management fees in various periods, preferred returns and carried interest computations 
• Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple 
• Handling Investor reporting, Fund level reporting and ILPA reporting (optional) 
• Interacting with clients on various accounting/operational issues 
• Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments 

As People Manager:  

• Supervise day-to-day activities of the team and address operational and people-related matters in a timely manner. 
• Mentor, coach, and develop team members through regular feedback and performance management. 
• Identify training needs, conduct process/client training, and support skill development. 
• Ensure effective work allocation, operational controls, and timely escalation of critical issues. 
• Drive team performance through goal setting, appraisals, and continuous improvement initiatives. 
• Foster strong communication, collaboration, and adherence to organizational policies and procedures. 
• Support troubleshooting, problem-solving, and team readiness to work across global shifts. 

You’re Profile: 

• Preferred CA/CPA/CFA/CMA, Master’s in finance & Accounting or Graduates 
• 8-12yrs experience in Financial Services / Capital Markets Industry with min 4+yrs work experience in Private Equity Accounting 
• Experience in working across country lines and operating in a global, multinational organization, ideally in a matrix structure 
• Demonstrable accomplishments relating to organizational change activities in a fast-paced environment. 
• Willing to work in global shifts 
• Excellent verbal and written communication in English & strong problem-solving skill