Manager/ Assistant Manager ( AIF operations)

Talent Corner Hr Services; Mumbai; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

Talent Corner Hr Services in Mumbai seeks an experienced AIF Operations professional to manage end-to-end fund accounting, NAV computation, investor transactions, and reconciliations for Alternative Investment Funds.

The role also covers financial reporting, SEBI compliance, FATCA/CRS, investor servicing, and coordination with external service providers. You will lead a team, implement controls, and ensure timely audits and regulatory filings.

Qualifications

• CA Inter / Semi‑Qualified CA with 8–10 years of relevant experience.
• Strong experience in AIF Operations, Fund Accounting, Financial Reporting, or Investment/Fund Management.
• Working knowledge of SEBI regulatory reporting, FATCA/CRS, and benchmark reporting.

Responsibilities

• Oversee end-to-end AIF operations including fund accounting, NAV computation, investor transactions, and reconciliations.
• Prepare and review annual financial statements and coordinate with statutory auditors.
• Ensure timely SEBI regulatory reporting, disclosures, and benchmarking submissions.
• Coordinate FATCA and CRS documentation and investor tax details.
• Oversee investor subscriptions, capital drawdowns, allotments, and redemptions, and statement preparation.
• Coordinate tax provisions and liaise with tax consultants and external service providers.
• Develop SOPs and internal controls; monitor calendars and improve processes.
• Supervise and mentor the operations team and ensure quality and deadlines.

Skills

AIF Operations

Fund Accounting

NAV Calculation

Investment Reconciliation

Financial Reporting

SEBI Compliance

FATCA/CRS

Investor Servicing

Fund Taxation

Audit Coordination

Capital Gains

Excel

MIS Reporting

Process Automation

Team Management

Education

CA Inter / Semi‑Qualified CA

Tools

MS Excel

Job description

We are looking for an experienced AIF Operations professional to manage and oversee the end-to-end operational, accounting, reporting, taxation, and regulatory requirements of Alternative Investment Funds (AIFs).

The role will also involve managing external service providers and reviewing the deliverables of the operations team.

Key Responsibilities

1. AIF Operations & Fund Accounting

• Manage end-to-end operations of AIFs, including fund accounting, NAV computation, investor transactions, and reconciliations.
• Review daily and periodic NAV calculations, valuation workings, income and expense allocations, and fund-level/class-level reconciliations.
• Ensure accurate accounting of investments, expenses, fees, income, and investor transactions.
• Monitor fund-level cash flows, bank reconciliations, and investment reconciliations.

2. Financial Reporting & Audit

• Prepare and review annual financial statements, including Balance Sheet, Statement of Profit & Loss, Cash Flow Statement, schedules, and supporting disclosures.
• Coordinate with statutory auditors for annual audits, financial statement finalisation, audit schedules, and closure of audit queries.
• Ensure timely completion of audit requirements and maintain appropriate supporting documentation.

3. Regulatory & Compliance Reporting

• Ensure timely preparation and submission of applicable SEBI regulatory reports, disclosures, and periodic filings.
• Maintain regulatory calendars and ensure compliance with applicable reporting deadlines.
• Prepare and submit periodic benchmark reporting to CRISIL, NSE, or other designated benchmarking agencies.
• Maintain accurate records and documentation for regulatory and compliance requirements.

4. FATCA / CRS & Investor Compliance

• Manage FATCA and CRS documentation, investor tax residency details, tax classifications, and applicable reporting requirements.
• Ensure investor records and documentation are complete, accurate, and up to date.
• Coordinate with relevant internal and external stakeholders for investor compliance requirements.

5. Investor Servicing & Transactions

• Oversee investor subscriptions, capital drawdowns, allotments, redemptions, unit transfers, and investor statement preparation.
• Review investor capital account statements and transaction records.
• Resolve investor-related operational queries in coordination with relevant teams.

6. Taxation & External Coordination

• Coordinate with tax consultants for:
  Tax provisions
  • Advance tax workings
  • Capital gains calculations
  • Income-tax returns
  • Other fund taxation matters
• Coordinate with custodians, fund accountants, RTAs, banks, brokers, auditors, tax consultants, and other service providers.
• Review deliverables received from external service providers and ensure timely resolution of discrepancies.

7. Process Management & Controls

• Develop and implement SOPs, internal controls, maker-checker procedures, and operational checklists.
• Monitor operational and regulatory deadlines through reporting calendars and trackers.
• Identify process gaps and implement improvements to enhance accuracy and efficiency.
• Explore opportunities to automate NAV preparation, reconciliations, fee calculations, and regulatory reporting.

8. Team Management

• Supervise and review team deliverables to ensure timely and accurate completion.
• Guide team members on AIF accounting, investor transactions, reconciliations, reporting, and operational processes.
• Resolve operational issues and coordinate with stakeholders for timely closure.
• Ensure strong adherence to internal controls and quality standards.

Required Qualifications & Experience

• CA Inter / Semi‑Qualified CA with 8‑10 years of relevant experience/ NON CA with relevant experience
• Strong experience in AIF Operations, Fund Accounting, Financial Reporting, or Investment/Fund Management.
• Strong understanding of:
  
  • AIF operations
  • Fund accounting
  • NAV computation
  • Investment reconciliation
  • Financial statement preparation
  • Audit coordination
  • Investor servicing
• Working knowledge of SEBI regulatory reporting, FATCA/CRS, and benchmark reporting.
• Experience in fund taxation, capital gains calculations, tax provisions, and coordination with tax consultants.
• Strong proficiency in MS Excel, financial analysis, reconciliations, and reporting.
• Experience in process improvement or automation will be an advantage.

Key Skills

AIF Operations | Fund Accounting | NAV Calculation | Investment Reconciliation | Financial Reporting | SEBI Compliance | FATCA | CRS | Investor Servicing | Fund Taxation | Audit Coordination | Capital Gains | Excel | MIS Reporting | Process Automation | Team Management

Preferred Candidate Profile

We are looking for a professional who is:

• Detail-oriented with a strong focus on accuracy and controls.
• Comfortable managing multiple operational and regulatory deadlines.
• Strong in analytical and problem-solving skills.
• Capable of independently handling AIF operational activities.
• Strong in stakeholder management and communication.
• Experienced in managing external service providers and auditors.
• Capable of supervising a team and reviewing their deliverables.