Manager - Fund ops, Finance and IR

Cedar Hill Capital; Mumbai; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Cedar Hill Capital is seeking a sharp, detail-oriented Fund Operations Manager to anchor the operational backbone of our CAT II AIF. The role spans fund operations, finance, regulatory compliance, and investor relations in a lean, high-accountability environment.

The ideal candidate has prior experience in an AIF, NBFC, or investment management firm and is proficient in SEBI AIF Regulations, PMLA/KYC, and fund accounting.

Qualifications

• CA/MBA/ CFA with 4–7 years in an AIF/NBFC/PE-VC fund or Big 4 advisory.
• Strong working knowledge of SEBI AIF Regulations, PMLA/KYC, and fund accounting principles.
• Experience handling SEBI filings, investor reporting, and coordination with fund administrators and custodians.

Responsibilities

• Own end-to-end fund administration including capital calls, drawdowns, distributions, and NAV computation.
• Maintain and reconcile investment register, portfolio valuation workings, and fund-level waterfall calculations.
• Coordinate with registrar, custodian, fund administrator, legal counsel, and auditors to ensure smooth operational closure of all fund activities.
• Track portfolio company reporting timelines and prepare quarterly portfolio updates and investor materials.

Skills

Fund operations

Regulatory compliance

Investor relations

Financial reporting

Education

CA

MBA (Finance)

CFA

Tools

Excel

Fund administration software

Accounting tools

Job description

Cedar Hill Capital is the region’s leading early-stage FinTech venture capital fund, primarily focused on enterprise technology investments in the Financial Services space. The INR ~200 Cr fund is on track to achieve Final Close shortly, and has already completed a few initial investments.

The fund is built on the legacy Cedar Consulting (www.cedar-consulting.com) and IBS Intelligence (www.ibsintelligence.com) platform, which comprises over 60 years of research and consulting experience for Banks and Technology players globally.

The fund GP, Sahil Anand, in his prior role, co-created the region’s only FinTech Lab, which has demonstrated a strong track-record of accelerating 65+ FinTechs across the region (www.cedaribsifintechlab.com).

The fund is independently structured, follows a classic LP-GP model, and is backed by leading institutional and family office investors across the region

Responsibilities

We are looking for a sharp, detail-oriented manager to anchor the operational backbone of our CAT II AIF. This is a broad, high-ownership role that sits at the intersection of fund operations, finance, regulatory compliance, and investor relations. The ideal candidate has prior experience in an AIF, NBFC, or investment management firm and is comfortable working in a lean, high-accountability environment.

1. Fund Operations

• Own end-to-end fund administration including capital calls, drawdowns, distributions, and NAV computation in coordination with the fund administrator and custodian.
• Maintain and reconcile the investment register, portfolio valuation workings, and fund-level waterfall calculations on a periodic basis.
• Manage documentation and execution workflows for new investments, follow-ons, and exits, including term sheets, subscription agreements, and board resolutions.
• Coordinate with registrar, custodian, fund administrator, legal counsel, and auditors to ensure smooth operational closure of all fund activities.
• Track portfolio company reporting timelines and consolidate data for internal investment committee reviews and quarterly portfolio updates.

2. Finance & Accounts

• Oversee fund-level accounting including maintenance of books, preparation of management accounts, and coordination with auditors for statutory and tax audits.
• Manage fee calculations including management fees, carried interest, and hurdle computations in line with the PPM and LPA provisions.
• Track fund expenses, vendor payments, and ensure timely filing of GST returns, TDS, and other applicable direct and indirect tax obligations.
• Prepare financial statements for the fund entity and any associated SPVs, ensuring compliance with applicable accounting standards (Ind AS / IGAAP as applicable).
• Support the preparation of annual budgets, cash flow forecasts, and expense reports for management and trustee review.

3. Compliance

• Ensure ongoing compliance with SEBI AIF Regulations 2012 and circulars, including periodic filings, disclosures, and reporting obligations to the regulator.
• Maintain and update the fund’s compliance calendar; coordinate with legal counsel on amendments to fund documents and regulatory submissions.
• Oversee KYC/AML processes for existing and new investors, ensuring documentation is complete and refreshed as per PMLA and SEBI requirements.
• Liaise with the fund trustee, compliance officer, and legal advisors on any regulatory queries, show cause notices, or ad hoc SEBI communications.
• Monitor changes in SEBI, RBI, FEMA, and income tax regulations relevant to AIF operations and proactively flag implications to the investment team.

4. Investor Relations

• Serve as the primary point of contact for LP queries on capital accounts, tax documents, portfolio updates, and fund-related communications.
• Prepare quarterly and annual investor reports including portfolio performance summaries, capital account statements, and fund-level financial highlights.
• Coordinate the preparation and dispatch of capital call notices, distribution notices, and tax certificates (Form 64C/64D) within stipulated timelines.
• Maintain the investor data room and ensure all fund documents, NAV reports, and compliance certificates are current and accessible to LPs.
• Support fundraising efforts by preparing data room materials, responding to LP due diligence requests, and coordinating onboarding of new investors.

Qualifications

• CA, MBA (Finance), or CFA with 4–7 years of relevant experience in an AIF, NBFC, PE/VC fund, or Big 4 advisory firm.
• Strong working knowledge of SEBI AIF Regulations, PMLA/KYC requirements, and fund accounting principles.
• Prior experience handling SEBI filings, investor reporting, and coordination with fund administrators and custodians.
• Proficiency in Excel; experience with fund administration software or accounting tools is a plus.
• Excellent written communication skills; ability to draft investor communications, compliance memos, and board presentations independently.