Head – AIF Fund Accounting – CA StepTrade Share Services

The Corporate Institute; India; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

The Corporate Institute in India invites an experienced Chartered Accountant to lead Finance, Accounting, Taxation and Regulatory Compliance for our AIF business. You will drive NAV calculations, fund operations, investor reporting, and internal controls, while ensuring SEBI compliance.

The role requires strong experience in AIF accounting, taxation, and regulator filings, with a track record of managing complex funds and coordinating with auditors and custodians.

Qualifications

• Qualified CA with at least 7 years in the AIF industry.
• Strong expertise in AIF accounting, fund operations and investor reporting.
• Experience with SEBI regulations and tax/compliance matters.

Responsibilities

• Lead AIF fund closing activities and NAV finalisation.
• Oversee investor redemptions, capital calls, and reconciliations.
• Perform NAV calculations including management and performance fees.
• Manage investor taxation topics, TDS and capital gains reporting.
• Coordinate with custodians, auditors, fund administrators and bankers.
• Ensure regulatory compliance for SEBI AIF Regulations and GST.

Skills

CA qualification

AIF accounting

Regulatory compliance

SEBI regulations

NAV calculations

Investor reporting

Education

Chartered Accountant (CA)

Job description

Job Description:

We are seeking a highly experienced and qualified Chartered Accountant (CA) to lead the Finance, Accounting, Taxation, and Regulatory Compliance functions of our Alternative Investment Fund (AIF) business. The ideal candidate should possess strong expertise in AIF accounting, fund operations, taxation, investor reporting, financial controls, and SEBI regulations, with a minimum of 7 years of relevant experience in the AIF industry.

Key Responsibilities:

• Lead AIF fund closing activities, including scheme closure, investor exits, final NAV computation, distribution accounting, and fund liquidation processes.
• Manage investor redemption, drawdown, capital call, distribution, and investor capital account reconciliation activities.
• Perform and review NAV calculations, including management fee, carried interest, performance fee, commission structure, expense allocation, accruals, and waterfall calculations.
• Handle investor taxation matters, including pass-through taxation, TDS computation, capital gains reporting, tax certificates, and resolution of investor tax-related queries.
• Ensure accurate accounting and reporting of investor transactions, redemptions, transfers, and distributions.
• Coordinate with custodians, trustees, fund administrators, auditors, and bankers for fund accounting and closure-related activities.
• Review portfolio valuation and ensure timely NAV finalization and investor reporting.
• Ensure compliance with SEBI AIF Regulations, Income Tax, GST, and other regulatory requirements.
• Manage direct and indirect taxation, including TDS, GST, tax assessments, and statutory filings.
• Support audits, regulatory reporting, and financial statement preparation for AIF schemes.