Fund Accounting -Real Estate Fund-Senior Manager- Bangalore/Hyderabad

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

Position: Senior Manager

Job Location- Bangalore/Hyderabad

Responsibilities:
• Manage a team of highly skilled individuals to deliver high quality, high integrity, high performing, innovative solutions. Build a mature practice.
• Candidate will be responsible for performing one or more of the following functions:
• Understand the intricacies of Funds and Fund-of-Fund investment operations and financial statement reporting preferably Private Equity funds into Fund of Funds, Private credits, Loans, Private equity or/and Real Estate funds,
• Preparation and review of Financial Statements, Audit and Management Memos including pre-cycle preparations and in-cycle production.
• Perform fund accounting functions and fund administration including NAV Packs, Proof packs, Custody Reconciliation, IBOR/ABOR, capital calls, valuations and reconciliations, transactions and expense accounting. Experience in Private Equity Funds is preferred.
• On Real Estate funds, perform Investment Accounting and core real estate fund accounting, which includes understanding and articulation of Property management reports.
• Other Middle and Back Office functions like
• Counterparty Management,
• Liquidity Compliance and Monitoring,
• Derivative Compliance,
• Performance and Valuation Oversight, GIPS,
• Reconciliations like Cash reports, pricing reconciliations
• Preparation of various client reports
• Budget Forecast, 15C board reports, Expense Allocation
• Create and maintain various reference data sets like security master. Corporate Actions, Data Projects and Initiatives
• Transfer Agent Oversight including monitoring and reporting
• Data Governance including ABOR/PAYBOR, 19A Reporting, NAV Oversight
• Intermediary Oversight including Vendor Payment Management
• Review of new Close Ended Fund monitoring and reporting requirements
• Define new procedures and controls to enhance the overall operational risk process.
• Drive high-quality work products within expected timeframes and budget.
• Identify, evaluate, and suggest new technology opportunities that is value-driven for platform enablement and act as key differentiators for any offerings in WAM/BCM space.
• Facilitate and encourage the necessary conversations between the Business and Technology to determine the what and the how of the product features.
• Work with Technology and business partners in identifying process improvement areas and bring in the culture of automation.
• Collaborate with business, architects to translate business requirements into scalable solution options and provide inputs to product roadmap/strategy.
• Organize, lead, and facilitate multiple teams on highly complex, cross-functional, data and analytics initiatives.
• Keep the team motivated and carry positive attitude, resolve any conflicts.
• Create roadmap, design, and implement solutions to migrate legacy systems to next gen solutions.
• Partner with product management and business leaders to drive agile delivery of both existing and new offerings.

Requirements:
• More than 15 years of experience in Asset management sector, Exposure to US based asset management will be an addon.
• Experience in financial statement reporting or regulatory reporting to various US based Regulators.
• Master’s degree in accounting or finance mandatory. MBA or CA is a must to have.
• A Strong understanding of financial industry with fund accounting, expense reporting, tax reporting, asset types and derivatives is mandatory.
• Functional knowledge: good knowledge and understanding of financial instruments and exposure to banking/WAM domains, Exposure to US based asset management will be an addon.
• People management experience with leading project teams and managing direct reports within an organization.
• General understanding of US GAAP and regulatory requirements is a plus.
• Experience on financial statements is a plus.
• Experience with software tools including document management systems, workflow systems, partnership accounting, investment accounting software like Yardi, Lemonedge is preferable.
• Crisp and effective executive communication skills, including significant experience presenting cross-functionally and across all levels.
• Understanding of the applications used in the FA or reporting process.
• Understanding BRD would be an added advantage.
• Should pay attention to detail, proficient in MS applications (Word, Excel, Power Point), excellent analytical skills and must display effective interaction capabilities with various stakeholders.

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.