Job Description
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Fund Accountant-NAV
T
Thought Focus
Bengaluru, Karnataka
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21 hours agoFull–time
Sr Associate
Role- Full-Time (Permanent)
Experience: 3+Years
Location- Bangalore
JOB Description
Roles and Responsibilities:
Role and Responsibilities:
• Perform Fund accounting function of the Private equity Funds that include recording Journal Entries, preparing Quarterly Financials, processing payments, preparing investor notices and various client reporting.
• Obtaining monthly NAV statements for various Hedge funds and calculating unrealized gain/loss for Investment fund and same will get updated General Leger
• Performing pre-distribution analysis on the sale of an investment to arrive at proceeds to be distributed to investors
• Perform a Schedule of Investment reconciliation on a monthly basis to calculate unrealized gain/loss and the same will be updated in General Ledger for various funds
• Semi-Annual Combined Account Statement (CAS) showing the Partner's capital balances with deal-wise break out and reporting the same to Investors which includes calculation of equity commitment & Loan commitments of each investor
• Prepare Financial Statements like Trial Balance, Profit & Loss Statement, and Balance Sheet for yearend Audit Supports
• Preparation & presentation of Estimated and Final Tax Packs (Matching book income with taxable income as per K-1 schedule by passing adjustment entries and updating Tax-Pack entity wise
• Prepare Capital calls memos, distribution notices & wires of various private equity fund
• Updating and creating SOPs for different deliverables in the process for easy reference and also creating control checks for the accuracy of the deliverables
• Setting up and reviewing the wires to show the movement of cash.
• Recording day-to-day Journal entries based on the transactions identified from bank accounts of Private Equity funds on daily basis in the Investran Accounting (SunGard Investran) application supported with proper documentation
• Analyze payment against accruals like Management fees, audit fees, legal fees, etc., and record proper entries in Investran
• Record PCAP entries like Contribution & distribution as per the Capital call and distribution notices
• Short-term loan reconciliation on a monthly basis to know then loan balances due to firm
• Updating GP and Fund expenses, Investment purchase and sale entries in Investran
• Perform Leverage (Loan) reconciliation on a quarterly basis to reconcile O/S Leverages balances with Investran
Job Types: Full-time, Regular / Permanent, Fresher
Salary: Up to ₹100,000.00 per year
Benefits:
• Commuter assistance
• Health insurance
• Leave encashment
• Life insurance
• Provident Fund
Schedule:
• Monday to Friday
• Night shift
• US shift
• Weekend availability
Supplemental pay types:
• Overtime pay
• Shift allowance
• Yearly bonus
Ability to commute/relocate:
• Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)
Experience:
• total work: 3 years (Required)
Speak with the employer
++1 7+7542XXXXXX
Fund Accountant-NAV
T
Thought Focus
Bengaluru, Karnataka
Apply
21 hours agoFull–time
Sr Associate
Role- Full-Time (Permanent)
Experience: 3+Years
Location- Bangalore
JOB Description
Roles and Responsibilities:
Role and Responsibilities:
• Perform Fund accounting function of the Private equity Funds that include recording Journal Entries, preparing Quarterly Financials, processing payments, preparing investor notices and various client reporting.
• Obtaining monthly NAV statements for various Hedge funds and calculating unrealized gain/loss for Investment fund and same will get updated General Leger
• Performing pre-distribution analysis on the sale of an investment to arrive at proceeds to be distributed to investors
• Perform a Schedule of Investment reconciliation on a monthly basis to calculate unrealized gain/loss and the same will be updated in General Ledger for various funds
• Semi-Annual Combined Account Statement (CAS) showing the Partner's capital balances with deal-wise break out and reporting the same to Investors which includes calculation of equity commitment & Loan commitments of each investor
• Prepare Financial Statements like Trial Balance, Profit & Loss Statement, and Balance Sheet for yearend Audit Supports
• Preparation & presentation of Estimated and Final Tax Packs (Matching book income with taxable income as per K-1 schedule by passing adjustment entries and updating Tax-Pack entity wise
• Prepare Capital calls memos, distribution notices & wires of various private equity fund
• Updating and creating SOPs for different deliverables in the process for easy reference and also creating control checks for the accuracy of the deliverables
• Setting up and reviewing the wires to show the movement of cash.
• Recording day-to-day Journal entries based on the transactions identified from bank accounts of Private Equity funds on daily basis in the Investran Accounting (SunGard Investran) application supported with proper documentation
• Analyze payment against accruals like Management fees, audit fees, legal fees, etc., and record proper entries in Investran
• Record PCAP entries like Contribution & distribution as per the Capital call and distribution notices
• Short-term loan reconciliation on a monthly basis to know then loan balances due to firm
• Updating GP and Fund expenses, Investment purchase and sale entries in Investran
• Perform Leverage (Loan) reconciliation on a quarterly basis to reconcile O/S Leverages balances with Investran
Job Types: Full-time, Regular / Permanent, Fresher
Salary: Up to ₹100,000.00 per year
Benefits:
• Commuter assistance
• Health insurance
• Leave encashment
• Life insurance
• Provident Fund
Schedule:
• Monday to Friday
• Night shift
• US shift
• Weekend availability
Supplemental pay types:
• Overtime pay
• Shift allowance
• Yearly bonus
Ability to commute/relocate:
• Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)
Experience:
• total work: 3 years (Required)
Speak with the employer
++1 7+7542XXXXXX
💡 Quick Summary
Seeking a career-building opportunity? The Fund Accountant|NAV position is now open for candidates interested in the Accountant Jobs sector. This role in Bangaluru 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.
