Fund Accounting & Reporting, AS

Additional Job Description Job Title: Fund Accounting & Reporting Corporate Title: Associate Location: Bangalore, India Role Description We are building a high-performing team in India to support the Illiquid Products Finance & Operations function. The team will play a key role in the end-to-end financial control, accounting oversight, and regulatory reporting of alternative investment funds across multiple asset classes including Real Estate, Private Equity, Private Debt, Infrastructure and other private market strategies domiciled in Europe and other jurisdictions. The role offers an excellent opportunity to work closely with Fund Managers, Portfolio Managers & Fund Administrators & to build holistic expertise working hand in hand with global teams & third-party administrators while gaining in-depth exposures to European fund structures, industry benchmarks (INREV, ILPA, IPEV, AIFMD) & the best-in-class operational practice. The role also provides deep exposure to private equity fund structures, portfolio company investments, co-investment vehicles and carried interest arrangements. The role is responsible for overseeing the accounting, financial, and regulatory reporting of Private Equity Funds and involves active review of fund financials produced by external fund administrator, ensuring accuracy of NAVs, management and performance fee calculations, investor allocations, valuation and regulatory submissions, The incumbent will play a key role in strengthening financial control, governance and reporting framework while driving improvements across the fund reporting function. What we’ll offer you As part of our flexible scheme, here are just some of the benefits that you’ll enjoy, Best in class leave policy. Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term Life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities Oversee the financial reporting and accounting processes of alternative funds managed through external fund administrator, ensuring compliance and internal policies, fund documentation and local regulations. Review and challenge NAV calculations, management and performance fee workings, valuation adjustments, investor allocation and expense accruals. Liaise with external fund administrators, custodian & depositories to ensure service quality and compliance with SLAs. Analyse financial statements & reports to ensure accuracy & completeness in accordance with the applicable GAAPs (IFRS/Lux GAAP/US GAAP) & industry best practices (INREV, ILPA, IPEV) Understand Fund agreement to determine impact on reporting. Ensure fund performance and investor relevant metrics are correctly calculated and timely reported. Support the delivery of the periodic board packs. Oversight of key regulatory and management reporting deliverables – including AUM, AIFMD, Annex IV, and SAQ- ensuring robust governance, data integrity, and compliance with internal polices and external regulatory standards. Support the annual external audit process. Ensure all applicable investor deliverables are produced, reviewed, and delivered to investors in line with Fund rules & relevant investors agreements. Ensure reporting to the Depository is provided according to the depository agreement and AIFMD. Addressing internal and external stakeholder queries promptly and efficiently. Designing /enhancing processes and supporting/furthering technology initiatives related to above responsibilities Your skills and experience Strong Fund Accounting Expertise: Deep understanding of private equity business & fund structures including capital commitment structures, drawdowns, waterfalls, carried interest, co-investment structures and distribution