BPO PE and Fund Accounting Analyst

NTT DATA North America; Gurugram District; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

NTT DATA Services is seeking a Private Equity Analyst for our Gurgaon team. You will perform journal entries, reconciliations, and monthly reporting for hedge funds, including NAV and P&L, while ensuring accruals align with accounting standards.

Responsibilities include cash management, capital activity processing, bespoke client reporting, and maintaining investor data. You will lead a small team and drive process improvements with senior management guidance.

Qualifications

• University degree in Finance/Accounting with relevant coursework.
• Experience in financial services or asset management is preferred.
• Proficient in MS Excel for financial modeling.

Responsibilities

• Record journal entries from bank statements and client data.
• Prepare bank reconciliations and maintain logs.
• Compile monthly financial reports for hedge funds, including NAV and P&L."
• Ensure fund income/expenses are accrued per accounting standards.
• Process capital activities: calls, distributions, transfers, rollups, commitments.
• Derive pricing for portfolio investments and update status reports.
• Manage daily cash flow of trades and fund cash movements.
• Prepare bespoke client reports.
• Complete reconciliations and investigate discrepancies.
• Maintain investor information incl. payment models and contacts.
• Lead a team of 8-10 people; conduct evaluations and staffing decisions.
• Identify process improvements and lead system testing.
• Coordinate staff assignments based on business needs.
• Build relationships with clients; act as escalation point for issues.
• Assist in due diligence and service quality measurements.
• Support risk and control program including audits.

Skills

Financial services exp

Detail oriented

Team leadership

Client communication

Excel proficient

Education

Bachelor's degree in Finance/Accounting

Tools

MS Excel

Job description

Private Equity – Analyst

The Company

NTT DATA Services is a top 10 global services company and part of the NTT Group, a Fortune 29 telecommunications and services company based in Japan. We operate with 60,000 professionals in 36 countries. Every day around the world we help clients explore new ways to respond to market dynamics with flexibility and speed, reduce costs with less risk, and increase productivity to enable growth. For more than 30 years, our Business Process Outsourcing (BPO) team has implemented the processes and technologies for our clients that bring about real transformation for customers of all sizes. Our end‑to‑end administrative services help streamline operations, improve productivity and strengthen cash flow to help our customers stay competitive and improve member satisfaction.

The Opportunity Our client is a leading global 6provider of asset and wealth management solutions. They provide investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra‑high net‑worth families create and manage wealth. This team is currently seeking “Private Equity Analyst” to join our team in Gurgaon.

Roles And Responsibilities

• Booking Journal Entries basis bank statements and client.
• Preparation of Bank Reconciliation and maintaining the respective financial logs.
• Prepare monthly financial reporting package for the Hedge Funds, including the determination of "Net Asset Value" and prepare the Statement of Asset and Liabilities and Profit and Loss Statement
• Ensuring fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards.
• Accurate and timely processing of all capital activities including calls and distributions, transfers, rollups, capital commitments and calls.
• Derive pricing for portfolio investments. Updating status reports.
• Cash Management-managing the daily cash flow of trades and monitoring fund cash-flows.
• Process incoming and outgoing cash movements related to capital activity.
• Reporting-preparing bespoke reports to address client requests.
• Independently complete cash, portfolio and capital reconciliations and investigate and resolve any discrepancies.
• Creation and maintenance of investor information including payment models and contacts Business and Management
• Manage a team of professionals to accomplish established goals and conduct personnel duties for team (e.g. performance evaluations, hiring and disciplinary actions)
• Identify opportunities to implement process improvements and recommend system, service, and process enhancements including leading and evaluating system testing
• Coordinate staff assignments to achieve optimal effectiveness through assessment of business requirements and staff skill sets and development needs
• Build and maintain relationships with internal and external clients, and serve as point of escalation of complex customer issues
• Perform discovery and due diligence with clients and visits regarding service quality measurement
• Manage the Risk and Control agenda including audits, interfacing with internal and external auditors, and identifying process gaps
• Work closely with senior management on identifying opportunities for cost saves, full-time equivalent ] (FTE) reduction, and optimization

Desired Qualities

• A drive to broaden one’s knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments.
• Attention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy.
• University degree or equivalent that required 3+ years of formal studies of Finance/Accounting principles.
• 4+ years of experience in the financial services industry that required a working knowledge of financial instruments (equities, fixed income, and derivatives), operation of capital markets, life cycle of trades, and reconciliation.
• 4+ year(s) of experience in a service-oriented role where you had to correspond in writing or over the phone with external customers.
• 3 + year(s) of experience using MS-Excel that required you to use Advanced Formulas, Tables & Formatting, Conditional Formatting, Advanced Charting, Pivot tables & Pivot Reporting.
• Ability to lead 8-10 people manage conflicts and has a team leading experience
• Ability to work regularly scheduled shifts from Monday-Friday (Shift starts after 5pm)