Fund Accounting Manager

PwC; Bengaluru; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

PwC in Bengaluru is seeking an experienced Team Manager to oversee fund accounting, investor reporting, and related finance operations. The role calls for directing fund administration teams across private equity, real estate or credit funds, ensuring accurate allocations, distributions, and compliance with governing documents.

You will lead complex calculations, coordinate capital calls, and partner with clients to deliver timely reporting.

Qualifications

• Postgraduate degree in Accounting.
• Chartered Accountant qualification.
• 8+ years in private equity, real estate, or credit fund administration.
• Deep knowledge of investment fund structures and reporting.
• Experience with Investran, LemonEdge, or Anaplan.
• Fluency in English with strong communication.
• Experience leading teams in an international environment.
• Proven ability to manage complex allocations and distributions.

Responsibilities

• Oversee fund level and deal level credit facility activity.
• Review and approve investment, follow-on, and distribution wire transfers.
• Oversee fund accounting records and general ledger activity.
• Review expense allocations and invoice processing across funds, entities and managers.
• Prepare and review quarterly and annual financial statements and disclosures.
• Prepare and review investor capital accounts and reporting packages.
• Review management fee calculations and oversee billing processes.
• Prepare carried interest and waterfall calculations per governing docs.
• Oversee investor economic allocations, including capital accounts and distributions.
• Coordinate, review, and approve capital calls and distributions.
• Serve as senior contact for investor inquiries related to fund accounting.
• Review quarterly close workpapers and firm reporting packages.
• Lead regulatory, compliance, and audit reporting activities.
• Lead technology implementation and process integration initiatives.
• Liaise with client and internal management to prioritize deliverables.
• Directly manage fund administration teams, allocation, staff development, and delivery oversight.
• Identify process inefficiencies and drive remediation plans.
• Lead or contribute to special projects and ad hoc initiatives.
• Manage and mentor junior staff.

Skills

Fund accounting

Team leadership

Ledger review

Investor reporting

Regulatory reporting

Process improvement

Education

Postgraduate degree in Accounting

Chartered Accountant

Tools

Investran

LemonEdge

Anaplan

Excel

Job description

Position - Team Manager

Experience - 8 to 20 years

Location - Bangalore

Role & responsibilities

• Oversee and review fund level and deal level credit facility activity
• Review and approve investment, follow on, and distribution wire transfers
• Oversee fund accounting records and key general ledger activity prepared by fund administrators
• Review expense allocations and invoice processing across funds, portfolio entities, and management companies
• Prepare and review quarterly and annual financial statements, including related financial disclosures
• Prepare and review investor capital account statements and investor reporting packages
• Review management fee calculations and oversee billing processes
• Prepare and review carried interest and waterfall calculations in accordance with fund governing documents
• Oversee and review investor economic allocations, including capital accounts and distribution mechanics
• Coordinate, review, and approve capital calls and investor distributions
• Serve as a senior point of contact for investor inquiries related to fund accounting and economics
• Review quarterly financial close workpapers and firm level reporting packages
• Lead regulatory, compliance, and audit related reporting activities
• Play an active leadership role in technology implementation and enhancement initiatives, including requirements definition, testing, and process integration
• Liaise with client and internal management to prioritize and manage fund administration deliverables
• Directly manage fund administration teams, including assignment allocation, staff development, performance management, and delivery oversight for assigned funds
• Identify process inefficiencies and lead the development of remediation plans and efficiency improvements
• Lead or contribute to special projects and ad hoc initiatives as required
• Managing and mentoring junior staff[GR1]

Qualifications

• Postgraduate degree in Accounting
• Chartered Accountant
• 8+ years of relevant experience, including at least 8 years in private equity, real estate, or credit fund administration
• Deep understanding of alternative investment fund structures, investor economics, and reporting requirements
• Advanced expertise in in private equity, real estate, or credit waterfall mechanics, including preferred returns and carried interest, with demonstrated experience reviewing, approving, and troubleshooting complex allocation and distribution calculations
• Proven experience overseeing thirdparty administrators and managing complex fund structures
• Fluency in English with excellent verbal and written communication skills
• Demonstrated ability to operate effectively in a fastpaced, international environment
• Strong interpersonal skills with a clientservice mindset, prioritizing accuracy, timeliness, and responsiveness
• Highly motivated selfstarter with strong ownership mentality and attention to detail
• Advanced analytical, problemsolving, and decisionmaking capabilities, with the ability to manage competing priorities
• Strong project management and team leadership experience
• Proven experience leading and developing highperforming teams
• Experience with fund accounting and reporting platforms such as Investran, LemonEdge, and/or Anaplan is a strong advantage
• Advanced proficiency in Microsoft Office, particularly Excel