Finance Manager

Experience - 4 yrs

Mandatory Requirement :

• Experience with end-to-end fund accounting, compliances, and operations of alternative investment funds.

About the client:

The company is an early-stage venture fund that invests in tech-driven startups, offering funding and active mentoring, with a vision to be the leading platform that nurtures and creates value for Indias brightest young startups.

Job Role and Responsibilities:

Manage end-to-end fund accounting, compliances, and operations of alternative investment funds;

Managing all banking operations of the fund;

Managing the demat and custody operations of the fund;

Working closely with internal stakeholders and external service providers (fund accountants, compliance team, trustees, bankers, custodians, tax, legal and regulatory advisors etc) on various operational aspects of the fund;

MIS preparation, monitoring, presentation, and discussions with relevant stakeholders This would include fee, sponsor, expense workings amongst others;

Monitoring vendor payables;

Assist in statutory audit and valuations of the fund;

Periodic reporting (tax and regulatory) to investors of the fund;

Wiring towards investment in portfolio companies and execution towards tax and regulatory implications arising upon investments;

Preparation and execution of distributions from the fund on account of divestments from portfolio companies;

Distribution waterfall and carry workings;

Tax and regulatory compliances, including but not limited to TDS, advance tax, portfolio exits, assessments etc.;

Ensuring adherence to PPM from an accounting, tax, reporting and regulatory perspective;

Supporting Investor Success team on any investor queries arising on accounting, tax and regulatory aspects;

Handling one-time projects during the life cycle of various funds;

Other areas related to the fund operations such as preparation of IRR and NAV workings, data on benchmarking reports required by SEBI, assessing impact of circulars / notifications from tax and regulatory authorities, etc.

Qualification and Experience:

Commerce graduate (not a Chartered Accountant) with 3-5 years experience in venture capital / private equity space (preferably for funds registered with SEBI as well as IFSCA) having worked on areas covered above.

Hands-on execution mindset is a critical requirement.

Ability to work with and train a team.

An obsessive eye for detail, proactive and process-oriented

Strong stakeholder management skills to be able to engage with internal stakeholders and external service providers and investors - possibly all on the same day!

A high level of comfort with deadlines and managing multiple projects simultaneously

A hustler - youll figure out the best way to get things done in an unstructured world.

Excellent communication skill

Independent oversight of operations

Strong growth mindset and long-term orientation

Working knowledge of Tally, Microsoft suite is necessary. Prior experience of implementing productivity tools is an additional plus.