Assistant Manager/Manager - Assurance - FAAS -Fund Accounting- Ggn/ Blr/ Hyd/ Chennai

EY; Gurugram District; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

EY is seeking Assistant Manager/Manager - Assurance - FAAS -Fund Accounting for Ggn/ Blr/ Hyd/ Chennai. You will join a global team supporting private markets fund accounting and financial reporting.

The role requires strong experience in IFRS/Ind AS or US GAAP, fund accounting platforms, and a collaborative approach to serve clients across industries. EY offers a structured development path and inclusive culture.

Qualifications

• Qualified CA or CPA with relevant certification.
• 3+ years of relevant experience in fund accounting.
• Experience with IFRS/Ind AS or US GAAP.

Responsibilities

• Prepare and review fund financial statements under IFRS/Ind AS or US GAAP.
• Deliver monthly P&L and NAV accurately and on time.
• Prepare NAV Pack, Board packs and Investor Allocations.
• Work with Yardi, Investran and LemonEdge platforms.
• Maintain accounting policies and internal controls per GAAP.

Skills

Fund accounting

IFRS/Ind AS/US GAAP

NAV reporting

P&L analysis

SQL

Python

Alteryx

Confluence

JIRA

Data migration

Education

Chartered Accountant

CPA

Tools

Yardi

Investran

LemonEdge

Job description

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity

Assistant Manager/Manager - Assurance - FAAS -Fund Accounting- Ggn/ Blr/ Hyd/ Chennai

National

National comprises of sector agnostic teams working across industries for a well rounded experience.

ASU - FAAS - Financial&AccountingAdv

Assurance’s purpose is to inspire confidence and trust to enable a complex world to work. We do so by protecting and serving the public interest, promoting transparency, supporting investor confidence and economic growth and nurturing talent to provide future business leaders . We help clients by :

• Ensuring their accounts comply with the requisite audit standards
• Providing a robust and clear perspective to audit committees and
• Providing critical information for stakeholders.

Our Service Offerings include External Audit, Financial Accounting Advisory Services (FAAS) , IFRS & US GAAP conversion , IPO and other public offering, Corporate Treasury - IFRS 9 accounting & implementation support etc.

Your Key Responsibilities

Technical Excellence

• Strong experience in preparation and review of fund financial statements under IFRS/Ind AS or US GAAP for Private Market (Private credit, Private equity, Real estate fund, Public funds, Wealth management) under WAM Industry.
• Strong experience in delivery of month end PnL & NAV in an accurate and timely manner.
• Strong experience in preparation of NAV Pack, Board packs & Investor Allocation.
• Relevant experience in Fund accounting using Yardi, Investran, LemonEdge platforms.
• Strong practical experience in using SQL, Python codes, Alteryx, Anaplan, Confluence and JIRA.
• Strong functional domain experience in the private markets space by helping in data migration, transformation as a techno-functional fund accounting BA.
• Strong core capabilities, including requirements gathering, gap analysis, process mapping, leading business testing, and strong documentation skills gained within an Agile delivery environment.
• Experience in booking of daily journal entries, management fee calculation, accrued expenses reimbursement calculations, valuation of investments, financial and investor report preparation, and ad hoc reporting.
• Strong knowledge of Real estate accounting principles and practices as per IFRS and US GAAP.
• Finalizes and consolidates books of accounts for subsidiaries / SPV's/Prop Cos with Holding Company.
• Scrutiny of ledgers, analyses of accounts of subsidiaries / SPV's/Prop Cos periodically.
• Strong experience in processing capital calls, distributions and waterfall distributions.
• Ability to work in a virtual global team, manage cross-border relationships.
• Ensure that proper accounting policies, procedures, and internal controls are maintained to safeguard the assets of the company and to ensure that all financial transactions are recorded in accordance with GAAP standard (IFRS or US GAAP).
• Perform middle office functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking client's contributions & redemptions etc.
• Review general ledger exceptions. Identify cause and make necessary adjustments.
• Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.
• Perform daily and monthly securities pricing analysis.
• Review and test the control process on a regular basis to deliver the quality service to clients.
• Create checklist for the process to ensure completeness, accuracy, and timeliness.
• Interact with client service teams (e.g. Fund administrator, valuation, etc.) to ensure timely and accurate communication of relevant financial information to clients.

Skills And Attributes

To qualify for the role you must have

Qualification

• chartered accountant
• CPA

Experience

• 3+ years of relevant experience

What We Look For

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.

What We Offer

Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities.

EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people—enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.