Fund Accounting - Allvue

ThoughtFocus; Bengaluru; On-site; INR 800,000 - 1,600,000; Full time

Job summary

ThoughtFocus in Bengaluru is seeking an experienced fund accounting professional to manage day-to-day activities for private equity and other investment funds, with heavy use of Allvue for processing and reporting.

You will maintain fund books, perform reconciliations, assist NAV calculations, and support monthly/ quarterly closes while coordinating with auditors and investors.

Qualifications

• 3–8 years of experience in fund accounting or investment operations.
• Hands-on experience with Allvue is preferred.
• Strong understanding of fund accounting concepts and investment structures.
• Experience with private equity, private credit, real estate, hedge funds, or other alternatives.
• Good knowledge of NAV calculation, capital activity, investment accounting, and reconciliations.
• Strong understanding of general ledger accounting and financial statements.
• Experience with month-end/quarter-end close activities.
• Strong analytical and problem-solving skills.

Responsibilities

• Perform day-to-day fund accounting activities for private equity, private credit, real estate, or other funds.
• Work with the Allvue Fund Accounting platform for transaction processing, accounting, reporting, and fund operations.
• Maintain fund books and records and ensure accurate accounting entries.
• Perform cash, investment, capital, and balance sheet reconciliations.
• Support NAV calculation and review processes.
• Process and review capital calls, distributions, contributions, transfers, and other fund transactions.
• Record and reconcile investment activity, including purchases, sales, income, expenses, and valuations.
• Support quarterly and monthly close processes and preparation of fund financial statements.
• Assist with investor allocations, management fees, carried interest, and other fund-level calculations.
• Investigate and resolve accounting breaks, discrepancies, and reconciliation issues.
• Prepare and review financial and operational reports generated through Allvue.
• Coordinate with internal teams, auditors, tax teams, administrators, and clients as required.
• Ensure adherence to accounting policies, controls, and procedures.
• Identify opportunities to improve fund accounting processes and automation within Allvue.

Skills

Fund accounting

NAV calculation

Excel

Stakeholder management

Month-end close

Financial statements

Data analysis

Tools

Allvue

Job description

• Perform day-to-day fund accounting activities for private equity, private credit, real estate, or other alternative investment funds.
• Work extensively with the Allvue Fund Accounting platform for transaction processing, accounting, reporting, and fund operations.
• Maintain fund books and records and ensure accurate accounting entries.
• Perform cash, investment, capital, and balance sheet reconciliations.
• Support periodic NAV calculation and review processes.
• Process and review capital calls, distributions, contributions, transfers, and other fund transactions.
• Record and reconcile investment activity, including purchases, sales, income, expenses, and valuations.
• Support quarterly/monthly close processes and preparation of fund financial statements.
• Assist with investor allocations, management fees, carried interest, and other fund-level calculations.
• Investigate and resolve accounting breaks, discrepancies, and reconciliation issues.
• Prepare and review financial and operational reports generated through Allvue.
• Coordinate with internal teams, auditors, tax teams, administrators, and clients as required.
• Ensure adherence to accounting policies, controls, and operational procedures.
• Identify opportunities to improve fund accounting processes and automation within Allvue.

Required Skills & Qualifications

• 3–8 years of experience in fund accounting, investment accounting, or alternative investment operations.
• Hands-on experience with Allvue is strongly preferred.
• Strong understanding of fund accounting concepts and investment structures.
• Experience with private equity, private credit, real estate, hedge funds, or other alternative investments.
• Good knowledge of NAV calculation, capital activity, investment accounting, and reconciliations.
• Strong understanding of general ledger accounting and financial statements.
• Experience with month-end/quarter-end close activities.
• Strong analytical and problem-solving skills.
• Good working knowledge of MS Excel, including formulas, pivot tables, and data analysis.
• Strong attention to detail and ability to work with large volumes of financial data.
• Good communication and stakeholder-management skills.
• Ability to work independently while collaborating effectively with global teams.