Hedge Fund Accounting

MNC Group; Mumbai; On-site; INR 800,000 - 1,100,000; Full time

Job summary

MNC Group is seeking a capable Hedge Fund Accountant to join our Fund Administration team in Mumbai. You will administer hedge fund portfolios, prepare NAV calculations, financial statements, and related performance reports.

You will also value holdings and support the accounting team to meet deadlines. Ideal candidates have 3–4 years in hedge fund accounting, and are proficient with Microsoft Excel and Word.

Qualifications

• 3–4 years of hedge fund accounting experience.
• Proficient in Microsoft Word and Excel.

Responsibilities

• Perform hedge fund administration and related services under administration agreements.
• Prepare NAV calculations, financial statements and reports for complex clients.
• Value hedge fund portfolio holdings.
• Analyze fund performance and prepare P&L reports.
• Assist VP in supervising staff and review work in their account.
• Collaborate with Senior Fund Accountants to manage timelines and SLAs.
• Ensure timely delivery of daily/weekly/monthly deliverables.

Skills

Hedge fund accounting

Financial analysis

Education

Degree in Accounting/Finance

Tools

Microsoft Excel

Microsoft Word

Job description

Fund Administration is core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.

Responsibilities

Your Role:

• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge funds
• Preparation of Net Asset Value calculations, financial statements and associated reports for larger, complex clients, or as required, within deadlines
• Valuation of hedge fund portfolio holdings
• Analysis of fund performance and prepare performance/P and L related reports
• Assisting Assistant Vice President in supervising staff within an “Account”, reviewing work performed by staff in the Account
• Working closely with the (Senior)/Fund Accountants to manage timelines, workflows and deliverables within agreed SLA’s
• Assisting Assistant Vice President in meeting client expectations by monitoring timely delivery of daily, weekly and monthly deliverables
• Escalating all material issues effecting the NAV production process to the Assistant Vice President in a timely manner
• Monitoring progress of (Senior)/Fund Accountants to identify areas for additional training and development
• Training and Coaching staff
• Meeting expectations of clients and fund participants, adhering to deadlines
• Positioning one-self to be the first escalation point for internal queries
• Assisting Assistant Vice President to coordinate the Year End process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services etc.
• Assist the Assistant Vice President where required and become involved in special projects as needed (E.g., conversions etc.).

Qualifications

About You:

• Degree qualified in Accounting/Finance related fields
• Minimum of 3-4 years in Hedge Fund Accounting
• Advanced knowledge of Microsoft Applications (Word, Excel etc.).