Assistant Vice President - Fund Accounting (15-18 yrs)

Primary Responsibilities:

The responsibilities of the role include, but are not limited to:

Fund Accounting:

- Lead and supervise a team of fund accountants, providing training, guidance, and performance feedback.

- Ensure accurate and timely preparation of NAV calculations and financial statements for assigned funds.

- Monitor compliance with regulatory and contractual requirements, including fund prospectuses and SLA agreements.

- Serve as a point of escalation for complex queries and issues within the team.

- Collaborate with the onshore counterpart to manage transitions and ensure seamless offshoring processes

- Drive process improvement initiatives to enhance operational efficiency

- Produce periodic reports on team performance metrics and client deliverables.

- Oversight and high-level knowledge over several different strategies.

- Assist in the annual financial statement production across designated Funds and support in managing the audit process and team's delivery in line with KPI's

- Interaction with the Fund Administrators to ensure financial reporting is accurate and timely and reflects all relevant insight from the wider team.

- Build strong working relationships with Fund governance and control team, strategy leads, operations and Group finance team

- Support where needed in the capital activities (capital calls and distributions) with shadow calculations and first review of related information (calculations, notices, ILPA templates) produced by Fund Administrators

- Back-up and cover will also need to be provided to other functional support areas within Operations or to other team members on an ad-hoc basis in any strategy

- Monitoring India team KPI's and monthly metrics /MI and take ownership in driving governance between Wipro and the customer on a regular basis

- Drive the creation, review, and maintenance of SOPs for all key tasks in India team across strategies

- Assist with Fund Administrator assessments and feedback including monitoring administrator delivery against SLAs and KPIs.

- Lead the quarterly billing process for the fund accounting team members in COE as per the billing policy and provide resolution and timely escalations when needed

- Keeping up to date with technical updates on accounting standards (primarily IFRS, US GAAP and Lux GAAP) and regulatory changes.

Projects:

- There will also be an opportunity to assist in projects involving new in-house systems and procedures.

Key Requirements/ Qualifications:

Essential:

- CA/MBA or other equivalent qualification with at least 15 years of PQE

- Extensive experience in either Fund Administration, Private Equity & Venture Capital, hedge funds and/ or accounting experience gained in an Asset Manager, Fund Administrator.

- Very strong team leader who is happy to work in a collegiate and consultative manner.

- Strong knowledge of private or hedge fund structures and reporting issues.

- Conscientious with excellent attention to detail.

- Advanced Excel skills, including financial modelling, and strong PowerPoint.

- Prior experience of managing a high performing team comprising of CA/CFA/MBA

Desirable:

- Good understanding of carry structures and waterfalls.

- Technical knowledge of IFRS, US GAAP and Lux GAAP.

- Understanding of financial instruments across the capital structure.

- Experience of complex private equity fund performance measurement and reporting matters.