Operations Manager – Fund Accounting SKS Enterpprises

The Corporate Institute; Bengaluru; On-site; INR 2,000,000 - 3,500,000; Full time

Job summary

The Corporate Institute in Bangalore seeks an experienced Operation Manager – Fund Accounting to lead India-domiciled AIF and GIFT City reporting, NAV calculations, and investor onboarding. You will coordinate with trustees, auditors, and regulators, ensuring timely filings and accurate fee calculations across multiple funds.

Candidate should have 8+ years in fund administration, strong knowledge of SEBI AIF Regulations, and proficiency with Excel and fund accounting tools.

Qualifications

• 8+ years in fund administration, fund compliance, or AIF operations.
• Gained exposure to SEBI AIF Regulations, RBI/FEMA and IFSCA/GIFT City requirements.
• Strong knowledge of investor onboarding compliance – KYC/AML checks and contribution agreements.
• Experience coordinating with Trustees, auditors, and regulatory stakeholders.
• Proficient in MS Excel and fund accounting systems like Notion.

Responsibilities

• Own regulatory compliance and reporting for India-domiciled AIFs and GIFT City (IFSC) structures – SEBI Activity/Asset Reports, Quarterly Activity Reports, IFSCA FME reporting, and other periodic filings – ensuring accurate, on-time submission.
• Track changes in SEBI AIF Regulations, RBI/FEMA requirements, and IFSCA (GIFT City) circulars, translating them into updated checklists and filing calendars ahead of deadlines.
• Coordinate with external legal, tax, and compliance advisors and statutory auditors to close out TDS, GST, and other regulatory filings across the fund book, resolving gaps proactively.
• Act as the primary point of contact for fund Trustees, ensuring reporting obligations, consents, and KMP updates are tracked to closure without follow-up chasing.
• Maintain working command of each fund’s PPM, trust deed, contribution agreement terms, keeping drawdowns, distributions, and fee calculations consistent with documentation.
• Lead statutory and regulatory audits end-to-end – SEBI, RBI, IFSCA, or any other regulator – from information requests through closure of findings.
• Own investor onboarding compliance: reviewing KYC/AML checks and contribution agreements, so onboarding packs meet regulatory requirements before capital is accepted.
• Manage investor communication – drawdown notices, capital calls, distribution notices, and periodic reporting – keeping content consistent with each fund’s PPM commitments.
• Oversee fund accounting across the portfolio – NAV computation, capital account maintenance, distributions, and expense allocation – reviewing trial balances and reconciliations before they reach funds, trustees, or auditors.
• Drive adoption of the fund accounting tool (ETON) and supporting systems, including opening balance migration and parallel runs against legacy records.
• Supervise and mentor the Bangalore fund administration team, allocating workload across India-, Singapore-, and UAE-serviced funds.
• Maintain operations and compliance trackers, run structured reviews, and elevate risks or filing delays early with a clear plan to close them.

Skills

AIF regulatory reporting

Fund operations oversight

KYC/AML

SEBI AIF Regulations

RBI/FEMA/IFSC knowledge

NAV computation

Investor onboarding

Multijurisdiction exposure

English communication

MS Excel

Education

Bachelor’s degree in Commerce/Finance/Law

CA/CS/CFA or postgraduate degree (advantage)

Tools

ETON fund accounting tool

Notion

Job description

Operation Manager – Fund Accounting

Location: Bangalore

Experience: 10+ Years

Mandatory Requirements

• Strong experience in AIF regulatory reporting and GIFT City/IFSC compliance.
• Hands-on experience in NAV, fund accounting, investor onboarding and KYC/AML.
• End-to-end fund operations with experience managing Trustees, auditors and regulatory stakeholders.

Job Roles & Responsibilities

• Own regulatory compliance and reporting for India-domiciled AIFs and GIFT City (IFSC) structures – SEBI Activity/Asset Reports, Quarterly Activity Reports, IFSCA FME reporting, and other periodic filings – ensuring accurate, on-time submission.
• Track changes in SEBI AIF Regulations, RBI/FEMA requirements, and IFSCA (GIFT City) circulars, translating them into updated checklists and filing calendars ahead of deadlines.
• Coordinate with external legal, tax, and compliance advisors and statutory auditors to close out TDS, GST, and other regulatory filings across the fund book, resolving gaps proactively.
• Act as the primary point of contact for fund Trustees, ensuring reporting obligations, consents, and KMP updates are tracked to closure without follow-up chasing.
• Maintain working command of each fund’s PPM, trust deed, contribution agreement terms, keeping drawdowns, distributions, and fee calculations consistent with documentation.
• Lead statutory and regulatory audits end-to-end – SEBI, RBI, IFSCA, or any other regulator – from information requests through closure of findings.
• Own investor onboarding compliance: reviewing KYC/AML checks and contribution agreements, so onboarding packs meet regulatory requirements before capital is accepted.
• Manage investor communication – drawdown notices, capital calls, distribution notices, and periodic reporting – keeping content consistent with each fund’s PPM commitments.
• Oversee fund accounting across the portfolio – NAV computation, capital account maintenance, distributions, and expense allocation – reviewing trial balances and reconciliations before they reach funds, trustees, or auditors.
• Drive adoption of the fund accounting tool (ETON) and supporting systems, including opening balance migration and parallel runs against legacy records.
• Supervise and mentor the Bangalore fund administration team, allocating workload across India-, Singapore-, and UAE-serviced funds.
• Maintain operations and compliance trackers, run structured reviews, and elevate risks or filing delays early with a clear plan to close them.

Qualification & Experience

• 8+ years in fund administration, fund compliance, or AIF operations, with hands-on exposure to SEBI AIF Regulations and, ideally, RBI/FEMA and IFSCA/GIFT City requirements.
• Proven experience preparing or reviewing SEBI AIF Activity Reports, Quarterly Activity Reports, or equivalent filings, gained at an AIF, fund administrator, custodian, or compliance advisory firm.
• Strong knowledge of investor onboarding compliance – KYC, AML checks, and contribution agreement review.
• Solid grounding in fund accounting, NAV computation, capital accounts, distribution waterfalls, and expense allocation.
• Comfortable applying PPMs, trust deeds, and contribution agreements to daily operations.
• Experience liaising directly with Trustees, RTAs, custodians, auditors, and external legal/compliance advisors.
• Exposure to multi-jurisdiction fund structures, India, GIFT City/IFSC, Singapore, and/or UAE highly valued.
• Bachelor’s degree in Commerce, Law, or Finance; CA/CS/CFA or a postgraduate degree is an advantage.
• Proficient in MS Excel; comfortable with fund accounting systems and tools such as Notion.
• Excellent written and verbal English, including experience drafting investor-facing communication.
• Strong ownership mindset, comfortable working across time zones with UAE- and Singapore-based stakeholders.

Other Details

• Reporting To: Delivery Head – India