Fund Accountant Associate

RSM US LLP; Hyderabad; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading accounting firm in Hyderabad is seeking a highly motivated individual for a fund accounting role. The ideal candidate will have over 3 years of relevant experience, preferably in the private equity industry. Responsibilities include preparing financial statements, managing operating activities, and coordinating audits. Proficiency in Microsoft Office and fund accounting software is crucial. This position offers an opportunity to become an expert in the firm's fund administration technology platform and to help train junior staff.

Qualifications

• 3+ years of experience in fund accounting within private equity.
• Ability to interpret Limited Partnership Agreements.
• Strong work ethic and integrity.

Responsibilities

• Prepare quarterly and annual financial statements for clients.
• Facilitate cash management and operational activities.
• Coordinate with external auditors for year-end audits.

Skills

Financial analysis

Attention to detail

Communication skills

Analytical skills

Organizational skills

Education

CPA or CA preferred

Tools

Microsoft Office Suite

Fund accounting software (Investran, E-Front)

Allvue knowledge

Job description

RSM seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.

• 3+ years of Big 4 or national accounting firms fund accounting experience in the private equity industry
• Ability to interpret/applying the financial and operational terms of Limited Partnership Agreements for private equity funds
• CPA and/or CA preferred
• Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
• Allvue knowledge a large PLUS!
• Proficient knowledge of fund accounting software (Investran, E-Front, etc.)
• Strong analytical skills, detail oriented and highly organized
• Possesses a strong work ethic, personal and professional integrity, and a positive attitude
• Strong oral and written communication and influencing skills
• Ability to work in a dynamic, fast‑paced environment and handle multiple projects

Specific Responsibilities:

• Prepare quarterly and annual financial statements, financial statement footnotes, quarterly accounting workpaper packages and investor reporting packages
• Prepare/facilitate the day‑to‑day operating activities for private equity and real estate fund administration clients, including cash management, wire setup, management fees, carried interest/waterfall calculations, subsequent closes, credit facility maintenance, deal funding, and expense payments
• Become an expert user in the firm’s fund administration technology platform
• Assist with onboarding new clients, setting up the firm’s investors, investments, new reports, LP reporting portal, etc.
• Prepare / facilitate capital calls and distribution calculations and execute these processes in the technology platform
• Maintain and update investor data as needed
• Respond to adhoc inquiries from clients and limited partners
• Coordinate with the clients’ external auditors and tax providers to assist with the year end audits and tax return information that is needed
• Once established help to train other new/junior level staff members