Fund Administration Manager Private Equity/Asset Management (Pune)

BlackTurtle Diginovation; Pune District; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

BlackTurtle Diginovation in Pune is seeking an experienced Fund Accounting professional to manage books, NAV calculations and financial reporting for our funds. You will review carried interest and investor allocations, oversee staff, and act as the primary contact for clients and partners.

The role requires IFRS/USGAAP knowledge, strong communication skills in English, and a track record of delivering accurate financial statements within deadlines.

Qualifications

• Master degree in accounting/finance or equivalent required.
• 5–7 years of accounting experience in financial services (private equity, asset management or funds).
• Strong IFRS/USGAAP knowledge and GAAP consolidation experience.

Responsibilities

• Maintain books and records and calculate fund NAVs.
• Review financial statements and reports for monthly/quarterly cycles.
• Coordinate carrying interest, performance and incentive fee calculations.
• Oversee investor allocations, capital calls and distributions.
• Supervise junior staff and sign off on work.
• Serve as primary day-to-day contact with clients and fund participants.
• Collaborate with Investor Relations to respond to investor queries.
• Ensure IFRS/USGAAP compliance and SLAs with clients.

Skills

Fund accounting

IFRS/USGAAP

Financial reporting

English communication

Team leadership

Education

Master's degree in accounting/finance

CA/CPA/ACCA or equivalent

Tools

Investran

Excel

Enterprise accounting systems

Job description

Your Role:

• Responsible for maintaining books and records and calculation of fund Net Asset Values.
• Coordinating and reviewing financial statements and associated reports, including performance metrics for monthly/quarterly reporting.
• Coordinate and review calculations of carried interest/performance/incentive fees.
• Coordinate and review calculations and investor allocations for capital calls, distributions and
• Coordinate and review partner capital account
• Coordinate processing of payments and other transactions.
• Supervise junior staff, reviewing and signing off on work performed.
• Acting as a primary day-to-day contact with clients and other fund participants.
• Work closely with the Investor Relations team to respond to investor queries and to disseminate capital activity and other investor notices.
• Maintaining relationships with investors, investment advisors/managers, banks and auditors and other fund participants.
• Assisting auditors and other fund participants and advisers.
• Participating in presentations to existing and prospective clients.
• Monitor compliance of various agreements with clients, including the Service Level Agreement.
• Participating in projects that may be defined from time to time in connection with the continuing expansion and evolution of the business.
• Any other functions required as part of the business of the Company, and reporting to the Vice President.

Qualifications:

About You:

• Master Degree in Accounting, Finance, any other qualified accounting qualification (i.e. CA, CPA or ACCA or equivalent).
• Minimum of 5 - 7 years experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund
• Knowledge of IFRS and / or USGAAP.
• Experienced in reviewing and preparing general ledger and financial
• Established knowledge in relation to accounting and consolidations under IFRS.
• Excellent communication skills and proficiency in English (both verbal and written).
• Motivated, bright and diligent individual who is driven to meet deadlines.
• A team player who is able to manage individual responsibilities.
• Supervisory skills with experience in managing and/or leading staff for 3-4 years.
• Strong business acumen.
• Good client/ business relationship management.
• Sound judgment, problem solving and analytical skills.
• Proficient with Microsoft Applications (Excel, Word, PowerPoint etc.).
• User experience with enterprise accounting system(s).
• Working knowledge of Investran highly desirable.
• Experience in Limited Partnership accounting.
• Private equity/real estate fund experience. Exposure to complex fund structure, waterfall computation, preferred return.