Accountant 3, Fund Accounting

IQ-EQ; India; On-site; INR 500,000 - 800,000; Full time

Job summary

IQ-EQ in India is seeking an accountant to provide high-quality service and financial reporting for private equity clients. You will prepare NAV and financial statements, ensuring compliance with required standards.

The ideal candidate possesses a degree in accounting with at least 2 years of relevant experience, along with proficiency in accounting principles such as IndAS, IFRS, and GAAP. Strong Excel skills and effective communication abilities are essential.

Qualifications

• 2+ years relevant accounting experience.
• Knowledge of preparing financial statements with disclosures.
• Operational experience in fund accounting services.

Responsibilities

• Prepare and complete NAV and financials for private equity funds.
• Deliver timely, high-quality service to clients.
• Handle reporting requirements such as financial statements.

Skills

Accounting expertise

Fluency in English

Intermediate Excel skills

Knowledge of IndAS, IFRS, GAAP

Strong communication skills

Education

Graduate in accounting or business-related course

Tools

Investran

Paxus

Microsoft Office

Job description

Job Summary

• Provide and ensure timely, high‑quality service and deliverables to leading private equity and funds clients under supervisory guidance.
• Focus on core processes, low‑complexity ad‑hoc work and client requirements; perform self‑review to gain insights into strengths and development areas.
• Prepare and complete NAV and financials for private equity funds, including journal entries, monthly/quarterly/annual financials, payments, investor notices, and client reporting.
• Prepare capital call and distribution workings with notices and release to investors.
• Assist in converting private equity funds from other accounting applications to Investran.
• Assist in onboarding new private equity funds in Investran and Paxus.
• Handle all reporting requirements such as financial statements, working papers/management accounts, partner statements and ad‑hoc deliverables.
• Perform accounting and administration tasks in accordance with IQ‑EQ India Global Client Delivery policies and procedures.

Core Responsibilities

• Prepare financial statements with disclosures, NAV reporting and other ad‑hoc service requests for funds/corporate clients.
• Ensure all deliverables are timely and accurate.
• Acquire knowledge of designated clients’ requirements and deliverables.
• Maintain compliance by following SSAE and other statutory procedures.
• Pursue training, feedback and support in technical and non‑technical aspects.
• Guide new peers or juniors on client specifics and deliverables.

Tasks & Duties

Cluster Client Delivery

• Acquire knowledge of client agreements, SOW, SLA, etc. for deliverable preparation.
• Ensure complete information, data and supporting documents are received; acknowledge or escalate to Senior Accountant.
• Deliver quality information within agreed timeframes.
• Prepare, complete and ensure quality of clients’ deliverables on time.
• Understand report components generated by the appropriate platform(s).
• Review outputs and deliverables prepared.
• Address review comments.
• Take ownership, prepare and reply to cluster/client/investor queries within 24 hours.
• Escalate job‑related issues to appropriate authorities promptly.
• Support the team and other teams as needed.
• Act as an alternate for Senior Accountants or Assistant Managers when required.
• Consolidate client queries, requirements and comments; research and validate team interpretation of requirements to the technical team.

Workflow Management

• Ensure timesheets are completed daily and accurately filed.
• Setup, monitor, update and close all deliverables via the workflow planner.

Systems

• Use best practices on accounting platforms.
• Generate reports using reporting platforms.

Risks

• Adhere to procedures, checklists and SSAE requirements to mitigate errors.
• Report breaches, complaints or errors to appropriate authorities timely.
• Assist in error report preparation, identify operational risk areas and propose remedial actions within 24 hours.

Other

• Undertake additional tasks/ responsibilities as part of professional development.
• Escalate other work‑related issues to authorities promptly.

Key Behaviours We Expect to See

• Action Oriented – take new opportunities and tough challenges with urgency, high energy and enthusiasm.
• Being Resilient – rebound from setbacks and adversity when facing difficult situations.
• Self‑Development – actively seek new ways to grow using formal and informal development channels.
• Communicates Effectively – deliver multi‑mode communications that convey clear understanding for diverse audiences.
• Customer Focus – build strong relationships and deliver customer‑centric solutions.
• Demonstrates Self‑Awareness – use feedback and reflection to gain insight into strengths and weaknesses.
• Plans & Aligns – plan and prioritize work to meet commitment aligned with organisational goals.
• Manages Conflict – handle conflict situations effectively with minimal noise.
• Interpersonal Savvy – relate openly and comfortably with diverse groups.
• Organisational Savvy – manoeuvre comfortably through complex policy, process and people dynamics.

Essential

Education / Professional Qualifications

Graduate in accounting or any business‑related course with 2+ years relevant accounting experience.

Fundamental knowledge of IndAS, IFRS and GAAPs of different jurisdictions (US, UK, Lux). Prepare financial statements using applicable laws and regulations.

Fluency in English and an additional foreign language.

Background Experience

Knowledgeable in preparing working paper files, financial statements with disclosures and other financial information. Operational experience in fund accounting services, preferably in handling private equity.

Technical

Intermediate Excel skills such as pivot tables, lookup, IF and similar functions.

Computer / Program Knowledge

Experience in e‑mail, word processing and video conferencing applications such as Microsoft Office.

Effective written and verbal communication skills.

Experience in using accounting software (Investran/Paxus).