Manager - Fund Administration

Role & responsibilities

• Candidate is required in Fund Administration (Accounting and Investor Service) operations for SEBI AIF Category I, II and III.
• Knowledge of investment operations encompassing fund accounting, transfer agency, AIF reporting and compliance requirements including direct and indirect tax
• Fund Accounting: set ups, NAV computation and client reporting like capital calls, distribution working, ensuring, equalisation premium and carry calculation adherence to laid down internal and statutory guidelines and service standards agreed with the clients
• Fund Administration: broad knowledge of KYC , FATCA , AML, review of application form
• Knowledge of SEBI/IFSC laws & regulations governing the Funds AIF industry.
• Handling the financial reporting requirement for a portfolio of alternative investment fund structures, ensuring the efficient delivery of high quality financial reports
• Scheme Fund Accounting (including NAV at set frequency) and maintaining books of Accounts for a scheme, including passing all related accounting entries after checking their correctness and impact on NAV. IndAs, IFRS knowledge is added advantage
• MIS & SEBI reporting on Adhoc, Bi Monthly, Quarterly, Monthly/Half yearly & annual report
• Coordinating with external auditors (Big 4) for audit for Half Yearly and Annual accounts
• Main point of contact on a day-to-day basis for operational matters and critical issues that need to be addressed before work get disseminated to the other team members.
• Reviewing financial statements, management accounts and accounting packages
• Reading/understanding Fund documents like Subscription documents, partnership agreements, and shareholder agreements for existing/new fund and explaining the key terms to team members. • Reviewing capital call and distribution notices
• Preparing/Reviewing waterfall distributions, carried interest calculations and equalization workings
• Reviewing investor requests and any ad hoc requests from client.

Preferred candidate profile

• Strong team-player with experience with working in a dynamic organisation
• Leading a team of 10 to 20 people doing Fund Accounting and Investor Reporting.
• Strong communication and influencing skills; collaborative and a team player
• Hands on exposure on any fund accounting software (Investran, Wealth Spectrum, KAPITAL, Paxus, etc)
• Excellent presentation and communication skills, both in written and oral English.
• Highly organized, attention to detail, excellent follow through skills and ability to work independently.
• Analytical approach and effective oral and written communication skills
• Effective client-handling skills.
• Strong prioritizing ability and organizational skills
• Analytical, meticulous, and systematic in approach to work • Experience in Client Management