Hedge Fund Accountant

NTT DATA, Inc.; Gurugram District; On-site; INR 350,000 - 520,000; Full time

Job summary

NTT DATA, Inc. is seeking a detail-oriented professional to perform daily reconciliation of accounts between Geneva and Custodian/Prime Broker, and to investigate discrepancies across cash, portfolio and capital reconciliations.

The role involves preparing monthly NAV reports, asset and liabilities statements, and P&L, ensuring accurate accruals for fees and fund income. Strong attention to accuracy and teamwork are essential.

Qualifications

• Attention to detail to ensure accuracy.
• Curiosity, critical thinking and attention to detail.
• Ability to work in a team environment.

Responsibilities

• Daily reconciliation of accounts between Geneva and Custodian/Prime Broker.
• Monthly investigation of reconciliation discrepancies and full cash, portfolio and capital reconciliations.
• Prepare monthly financial reporting package for Hedge Funds including Net Asset Value.
• Prepare the Statement of Asset and Liabilities and Profit and Loss Statement.
• Ensure fund income and expenses, including management and performance fees, are accrued per accounting standards.
• Process capital activities including subscriptions, redemptions, transfers, rollups, capital commitments and calls.
• Derive pricing for portfolio investments and update status reports.
• Cash management: daily cash flow of trades and monitoring fund cash-flows.
• Process incoming and outgoing cash movements related to capital activity.
• Creation and maintenance of investor information including payment models and contacts.
• Prepare investor and client reports including audit confirmations and trade confirmations.
• Communicate fund transactions with internal and external clients to provide accurate accounting packages.
• Correspond with external investment managers regarding day-to-day fund inquiries and reconciliations; client engagement and quality service.

Skills

Reconciliation

Job description

Role & responsibilities

• Perform daily reconciliation of accounts between Geneva and Custodian/Prime Broker.
• Monthly investigation on Reconciliation discrepancies and verify all the transactions (Independently complete cash, portfolio and capital reconciliations and investigate and resolve any discrepancy).
• Prepare monthly financial reporting package for Hedge Funds, including the determination of "Net Asset Value".
• Prepare the Statement of Asset and Liabilities and Profit and Loss Statement.
• Ensure Fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards (Calculation of Incentive Fee and Management Fee).
• Accurate and timely processing of all capital activities including subscriptions, redemptions, transfers, rollups, capital commitments and calls.
• Derive pricing for portfolio investments. Updating status reports.
• Cash Management-managing the daily cash flow of trades and monitoring fund cash-flows.
• Process incoming and outgoing cash movements related to capital activity.
• Creation and maintenance of investor information including payment models and contacts.
• Preparation of Investor and Client reports including Audit confirmations, Trade confirmations etc.
• Communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.
• Correspond with external investment managers regarding day-to-day fund inquiries including entering security trades, fee, payments, cash position breaks, and reconciliations. Client engagement and a dedication to quality service is a must for success.

Preferred candidate profile

A drive to broaden ones knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments.

• Attention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy.
• Positivity and collegial approach in assisting both colleagues and clients and the ability to work in team environment.
• Curiosity, critical thinking and attention to detail: Whether its to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business.