Job Description
The AVP/ Senior Manager will be responsible for maintaining the books and records for various private partnerships and accounts, as well as reporting to clients and the portfolio group. Responsibilities will include: Preparation and maintenance of the books and records of pooled private investment funds organized as limited partnerships and/or separate accounts; Preparation and/or review of complex management fee and waterfall calculations; Recording and reconciliation of cash, investments and other balance sheet accounts; Recording of purchase and sale transactions; Accounting for complex corporate actions; Estimating and posting of accruals; Preparation and/or review of allocations of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents; Determining and preparing distributions and drawdowns; Preparation monthly, quarterly, and annual financial reports; Analyzing and calculating performance metrics for partnerships/accounts as well as for each investment; Coordinating with funds’ independent auditors, custodians, prime brokers and fund administrators; Performing other tasks as required. Qualifications: Minimum 7 years relevant private equity fund accounting experience within investment management; Strong knowledge of reconciliation and account analysis; Excellent understanding of accounting and the ability to apply relevant investment company accounting rules; Solid analytical skills and ability to understand and resolve complex problems; and Proficiency in Microsoft Excel, Word and PowerPoint. Personal Attributes Self-motivated with strong attention to detail and excellent work ethic; Great organizational skills and is able to handle complicated work efficiently and effectively; Takes initiative to ask questions and detect problems; Superior written and verbal communication skills with the ability to work effectively both individually and as a team; and Ability to understand and resolve complex problems. Education: Bachelor’s degree in Accounting or Finance.
💡 Quick Summary
Seeking a career-building opportunity? The Fund Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.