APAC Fund Accounting

Keka Inc.; Bengaluru; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Keka Inc. is seeking a detailed investment accounting professional to manage day-to-day accounting for PE funds, SPVs, and investment entities in Bengaluru.

You will handle G/L, trial balance, and NAV reviews, ensuring accurate journal entries and close processes across multiple funds. Role requires 3–8 years in private equity or alternative investment fund accounting, with strong Excel skills and familiarity with PE structures, disclosures, and reporting.

Qualifications

• Bachelor's degree in Accounting, Finance, Commerce, or related discipline.
• 3–8 years of relevant Private Equity/Alternative Investment Fund Accounting experience.
• Strong understanding of PE fund structures, NAV accounting, and capital calls/distributions.
• Experience with IFRS, US GAAP, or Japan/China-specific accounting expectations.

Responsibilities

• Perform day-to-day accounting activities for PE funds, SPVs, and investment entities.
• Maintain and review General Ledger, Trial Balance, Income Statement, and Balance Sheet.
• Prepare and post journals, accruals, prepayments, reclasses, and adjustments.
• Perform month-end, quarter-end, and year-end close activities.
• Review entries and investigate unusual balances and variances.
• NAV preparation and review.
• Process and review capital calls, distributions, subscriptions, and investor transfers.
• Maintain investor capital accounts and commitment schedules.
• Calculate and review management fees, fund expenses, and investor allocations.
• Support waterfall calculations and distribution allocations.
• Reconcile investor-level activity with fund-level records.
• Support investor statements and capital reporting.
• Record and reconcile investment purchases, sales, valuations, and related transactions.
• Account for gains/losses and valuation entries.
• Investigate and reconcile investment and portfolio-level data.
• Coordinate with Japan/China client teams and respond to queries.
• Prepare client-specific reporting packs following client policies.

Skills

NAV accounting

Investor accounting

Financial reporting

Reconciliations

Excel

Power BI

IFRS/US GAAP

Education

Bachelor's degree in Accounting/Finance/Commerce

Tools

Investran

Geneva

Allvue

eFront

Yardi

Excel

Job description

• Perform day-to-day accounting activities for PE funds, SPVs, and investment entities.
• Maintain and review General Ledger, Trial Balance, Income Statement, and Balance Sheet.
• Prepare and post accounting journals, accruals, prepayments, reclasses, and adjustment entries.
• Perform month-end, quarter-end, and year-end close activities.
• Review accounting entries and investigate unusual balances and variances.
• Perform NAV preparation and review activities.

Capital Activity & Investor Accounting

• Process and review capital calls, distributions, subscriptions, and investor transfers.
• Maintain investor capital accounts and commitment schedules.
• Calculate and review management fees, fund expenses, and other investor-level allocations.
• Support waterfall calculations and distribution allocations.
• Reconcile investor-level activity with fund-level accounting records.
• Support investor statements and capital account reporting.

Investment Accounting

• Record and reconcile investment purchases, sales, valuations, and other investment-related transactions.
• Account for realized and unrealized gains/losses.
• Review investment valuation entries and supporting schedules.
• Perform investment-level and portfolio-level reconciliations.
• Support investment roll-forward and valuation reporting.
• Work with fund structures and reporting requirements applicable to Japanese and Chinese investors/funds.
• Coordinate with Japan/China-based client teams and respond to accounting and reporting queries.
• Review fund documentation and transaction information received in Japanese/Chinese or translated formats.
• Support preparation and review of client-specific reporting packs and schedules.
• Ensure deliverables follow client-specific accounting policies, templates, and reporting calendars.
• Ability to work in Japanese or Mandarin/Chinese is an advantage, particularly for client communication and document interpretation.

Reconciliations & Controls

• Perform cash, investment, investor, intercompany, and GL reconciliations.
• Investigate and resolve breaks within agreed timelines.
• Perform balance sheet substantiation and account analysis.
• Identify root causes of accounting discrepancies and implement corrective actions.
• Maintain appropriate supporting documentation and audit trails.
• Follow internal controls, SOPs, and client-specific procedures.

Financial Reporting & Audit Support

• Support preparation and review of quarterly and annual financial statements.
• Prepare financial statement schedules and supporting workpapers.
• Support audit requests and provide documentation to auditors.
• Assist with financial statement disclosures and supporting calculations.
• Perform analytical review of financial statements and NAV movements.

Systems / Technology

Experience with one or more of the following is preferred:

• Investran
• Geneva
• Allvue
• eFront
• Yardi
• Excel / Advanced Excel
• Power BI or other reporting tools

Required Qualifications

• Bachelor's degree in Accounting, Finance, Commerce, or related discipline.
• 3–8 years of relevant Private Equity / Alternative Investment Fund Accounting experience.
• Strong understanding of:
  • PE fund structures
  • NAV accounting
  • Capital calls and distributions
  • Management fees
  • Investment accounting
  • Investor accounting
  • Reconciliations
  • Financial reporting
  • Month/quarter/year-end close
• Strong Excel skills, including Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, and reconciliation techniques.
• Good written and verbal communication skills.
• Ability to independently manage deliverables and meet strict reporting deadlines.

Preferred Qualifications

• Experience supporting Japanese PE funds, Japanese asset managers, or Japan-based clients.
• Experience supporting Chinese PE funds, China-based asset managers, or China-based investors.
• Experience with IFRS, US GAAP, or Japan/China-specific accounting and reporting requirements.
• Experience working in an offshore/onshore fund administration or managed-services environment.
• CA / CPA / CMA / ACCA or equivalent qualification is an advantage.