Private Equity Analyst

Apex Group; Pune District, Bengaluru; On-site; INR 1,500,000 - 2,600,000; Full time

Job summary

Apex Group in Pune is seeking a Senior Fund Accounting Specialist to serve as SME for fund structures, investor economics, waterfalls, and carried interest calculations.

You will review journal entries and financial statements, validate capital activity, and ensure audit readiness while applying US GAAP/IFRS.

The role also focuses on process improvements and mentorship, driving automation in Investran, eFront and Allvue, and building robust reporting.

Qualifications

• Act as SME for fund structures, investor economics, waterfalls, and carried interest calculations.
• Review journal entries, reconciliations, and financial statements.
• Prepare quarterly and annual financial statements under US GAAP/IFRS.
• Assist in valuation processes and ensure fair value application.

Responsibilities

• Provide guidance on complex accounting treatments (equalizations, FX remeasurement, side letter economics).
• Support interpretation of fund governing documents and application of accounting policies.
• Review capital activity (calls, distributions, true-ups) and ensure compliance with fund terms.
• Achieve audit readiness with proper documentation and control adherence.

Skills

Fund accounting

Waterfall mechanics

Investor economics

US GAAP/IFRS

Analytical skills

Education

Bachelor’s/Master’s in accounting or finance

CPA/ACA preferred

Tools

Investran

eFront

Allvue

Job description

Core Responsibilities

Subject Matter Expertise & Product Knowledge

• Act as an SME for fund structures, investor economics, waterfalls, and carried interest calculations.
• Provide guidance on complex accounting treatments (equalizations, FX remeasurement, side letter economics).
• Support AVP/VP in interpretation of fund governing documents and application of accounting policies.

Review & Quality Assurance

• Review journal entries, reconciliations, and financial statements prepared by analysts.
• Validate capital activity (calls, distributions, true-ups) and ensure compliance with fund terms.
• Perform variance analysis and resolve discrepancies before reporting deadlines.
• Ensure audit readiness by maintaining proper documentation and control adherence.

Accounting & Reporting

• Prepare and review quarterly and annual financial statements under US GAAP/IFRS.
• Assist in valuation processes and ensure accurate application of fair value principles.
• Support regulatory reporting (Form PF, Annex IV) and investor tax pack preparation.

Process Improvement & Automation

• Identify opportunities to streamline workflows and reduce manual touchpoints.
• Collaborate on system enhancements (Investran, eFront, Allvue) and automation initiatives.

Mentorship & Knowledge Sharing

• Coach junior accountants on technical accounting concepts and system usage.
• Conduct training sessions on fund structures, waterfall mechanics, and reporting standards.

Key Performance Indicators (KPIs)

• Accuracy: Zero material errors in reviewed deliverables.
• Timeliness: On-time completion of reviews and reporting cycles.
• SME Impact: Resolution of complex queries and successful knowledge transfer.
• Process Efficiency: Reduction in review turnaround time and manual adjustments.

Qualifications & Experience

• Bachelors/master’s in accounting/finance; CPA/ACA preferred.
• 5+ years in private equity fund accounting or alternatives.
• Strong knowledge of US GAAP/IFRS, ASC 946/820, waterfall mechanics, and investor economics.
• Proficiency in PE accounting platforms (Investran, eFront, Allvue) and Excel.
• Excellent analytical and problem-solving skills.