Fund Accounting Lead

Job Description:

About the Role

We are looking for an experienced Private Equity Operations Manager to lead a team responsible for fund accounting, financial reporting, and client servicing. The role involves overseeing the day-to-day operations of private equity funds, ensuring accurate and timely deliverables, maintaining strong review controls, and managing client relationships.

Key Responsibilities

• Oversee accounting, transaction recording, reconciliations, and reporting for private equity funds.

• Prepare and review monthly, quarterly, and annual financial statements, trial balances, and supporting schedules.

• Review general ledger feeds and resolve discrepancies in daily, monthly, and quarterly reconciliations.

• Calculate and review management fees, capital calls, distributions, NAV, IRR, and waterfall calculations.

• Manage investor capital accounts, partner capital statements, and related disclosures.

• Lead new client onboarding, fund setup, and transitions, including integration with eFront.

• Review contribution agreements and investor application forms to maintain accurate investor records.

• Coordinate with clients, auditors, and internal teams to ensure timely resolution of queries and delivery of reports.

• Prepare client MIS and oversee investor and distributor communications.

• Ensure timely filing of TDS returns, SEBI reports, and trustee compliance reports, as applicable.

• Establish and maintain robust review procedures and operational controls.

• Provide technical accounting guidance and support clients on fund accounting matters.

• Lead, mentor, and manage a team of 10–15 members, ensuring quality, productivity, and adherence to deadlines.

Required Skills & Qualifications

• CA, MBA (Finance), B.Com, or M.Com.

• 8–15 years of experience in public accounting, fund administration, or private equity fund accounting.

• Strong knowledge of private equity fund accounting and financial reporting.

• Hands-on experience with capital calls, distributions, management fee calculations, and waterfall calculations.

• Experience preparing and reviewing financial statements, reconciliations, and investor capital statements.

• Familiarity with eFront is preferred.

• Advanced MS Excel skills.

• Strong client relationship management, communication, and team leadership skills.

• Ability to manage multiple deliverables and meet tight deadlines.