Manager - Fund Accounting

Indus Valley Partners; Dadri; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Indus Valley Partners is seeking a senior fund accounting lead to manage a team handling daily fund accounting and client operations. You will mentor staff, manage client relationships, and drive KPIs while ensuring high service quality.

The role includes coordinating SOC audit activities and supporting onboarding and hiring initiatives. You will prepare NAV, A/L, and P&L reporting, reconcile records with custodians, and ensure accurate capital activity processing.

Qualifications

• Experience leading a fund accounting team and client-facing activities.
• Proven ability to train new joiners and manage onboarding.
• Strong client relationship management and issue resolution.
• Familiarity with SOC audits and regulatory requirements.
• Proficient in monthly reporting packages (NAV, A/L, P&L).
• Advanced MS Excel skills for data analysis.

Responsibilities

• Lead, mentor, and manage a team of fund accountants and operations associates in executing daily fund accounting and operational activities for clients.
• Manage client relationships, address escalations, resolve operational issues, and provide effective solutions in a timely manner.
• Ensure achievement of defined KPIs and KRAs while maintaining high service quality standards.
• Train new joiners and oversee day-to-day activities of fund accounting associates through regular review, monitoring, and validation of work.
• Liaise with auditors during SOC audit engagements and support audit-related requirements.
• Support talent acquisition initiatives, including hiring, onboarding, and team management.
• Prepare monthly financial reporting packages for Private Credit Funds, including NAV calculations, Statements of Assets & Liabilities, and P&L.
• Develop hands-on expertise in resolving client and team queries related to fund accounting and operations.
• Manage daily reconciliations between the IVP Accounting tool and Custodian/Prime Broker records.
• Ensure accurate accrual of fund income and expenses, including management and performance fees.
• Process all capital activities accurately and within timelines (subscriptions, redemptions, transfers, roll-ups, capital commitments, capital calls).
• Manage daily cash flows related to trades and monitor fund liquidity and cash positions.
• Prepare investor and client reports, including audit confirmations and trade confirmations.
• Communicate fund-related transactions and collaborate with stakeholders to deliver accurate accounting packages.
• Assist with new client onboarding and implementation activities.
• Provide functional support for client configurations and data loading processes.
• Experience with Geneva/VPM will be an added advantage; prior exposure to Private Credit operations is preferred.

Skills

Leadership

Team management

Mentoring

Analytical thinking

Communication

Problem-solving

Fund accounting

Client relationship management

Tools

MS Excel

MS PowerPoint

MS Word

Geneva

VPM

Job description

• Lead, mentor, and manage a team of fund accountants and operations associates in executing daily fund accounting and operational activities for clients.
• Manage client relationships, address escalations, resolve operational issues and queries, and provide effective solutions in a timely manner.
• Ensure achievement of defined KPIs and KRAs while maintaining high service quality standards.
• Train new joiners and oversee the day-to-day activities of fund accounting associates through regular review, monitoring, and validation of work.
• Liaise with auditors during SOC audit engagements and support audit-related requirements.
• Support talent acquisition initiatives, including hiring, onboarding, and team management.

Core Activities

• Prepare monthly financial reporting packages for Private Credit Funds, including Net Asset Value (NAV) calculations, Statements of Assets & Liabilities, and Profit & Loss Statements.
• Develop hands-on expertise in resolving client and team queries related to fund accounting and operations.
• Manage daily reconciliations between the IVP Accounting tool and Custodian/Prime Broker records.
• Ensure accurate accrual of fund income and expenses, including management and performance fees, in compliance with applicable accounting standards.
• Process all capital activities accurately and within timelines, including subscriptions, redemptions, transfers, roll-ups, capital commitments, and capital calls.
• Manage daily cash flows related to trades and monitor overall fund liquidity and cash positions.
• Prepare investor and client reports, including audit confirmations, trade confirmations, and other reporting requirements.
• Communicate fund-related transactions effectively and collaborate closely with internal and external stakeholders to deliver accurate accounting packages.
• Assist with new client onboarding and implementation activities.
• Provide functional support for client configurations and data loading processes.
• Experience with Geneva/VPM will be an added advantage.
• Prior exposure to Private Credit operations will be preferred.
• Strong analytical and problem-solving skills with the ability to learn quickly.
• Excellent verbal and written communication skills.
• Ability to quickly understand concepts and grasp details with minimal supervision or information.
• Good understanding of the financial services domain, key market participants, and current market trends/scenarios.
• Strong knowledge of financial instruments and investment products.
• Comprehensive understanding of fund accounting processes, including trade booking, cash reporting, exception analysis, asset and cash reconciliations, and resolution of post-pricing issues.
• Advanced proficiency in MS Excel, MS PowerPoint, and MS Word.