Head - Fund Accounting (PMS & AIF)

Intellectual Capital HR Consulting Pvt. Ltd.; Lucknow; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. seeks a Head of Fund Accounting to lead the PMS and AIF fund accounting function in Lucknow. The role reports to the CFO and heads a team at Manager and Analyst levels.

You will oversee NAV computations, accounting standards compliance, and audit cycles, while building a strong control framework and driving system enhancements for efficiency.

Qualifications

• Qualified CA with Big4 exposure mandatory.
• Experience in AIF/PMS environments preferred.
• Strong understanding of SEBI requirements and accounting standards.

Responsibilities

• Oversee end-to-end fund accounting for PMS and AIF schemes across Category I, II and III structures.
• Review and sign off NAV computations, unit capital, expense accruals, income recognition and distributions.
• Ensure scheme financial statements meet applicable accounting standards and SEBI reporting requirements.
• Design and enforce a robust financial control framework including maker-checker, reconciliations and review discipline.
• Lead statutory and internal audit cycles, liaise with auditors, custodians, fund accountants and tax advisors.
• Oversee selection, implementation and optimization of fund accounting systems and automation of NAV packs and reporting.
• Build, supervise, train and review the fund accounting team.

Skills

Fund accounting

NAV computation

Financial controls

Team leadership

Audit coordination

Education

Chartered Accountant (CA)

Job description

An alternatives (AIF and PMS) investment management business is hiring a Head of Fund Accounting, reporting to the Chief Financial Officer and leading a team at Manager and Analyst level.

Key responsibilities:

• End-to-end fund accounting for PMS and AIF schemes across Category I, II and III structures
• Review and sign off NAV computation, unit capital, expense accruals, income recognition and distributions
• Review and finalise scheme financial statements against applicable accounting standards and SEBI reporting requirements
• Design and enforce the financial control framework - maker-checker, reconciliations and review discipline
• Own the statutory and internal audit cycle for all schemes; liaise with statutory auditors, custodians, fund accountants, registrars, trustees and tax advisors
• Lead selection, implementation and optimisation of fund accounting systems; automate NAV packs, reconciliations and reporting
• Build, supervise, train and review the fund accounting team.

Please note: investor onboarding, KYC and client servicing sit with a separate Fund Operations team. This seat partners with that function but does not own it.

Three mandatory gates: Chartered Accountant (non-CA candidates will not be considered), Big 4 experience (articleship and/or post-qualification), and AIF environment experience. Chartered Accountant - mandatory. Additional CFA or MBA (Finance) is an advantage, not a substitute. Big 4 experience mandatory.