Private Equity Fund Accountant

Apex Group; Bengaluru Urban; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

Apex Group in Bengaluru is seeking a Senior Private Equity Fund Accountant to lead complex fund accounting and reporting under US GAAP/IFRS.

You will act as SME for fund structures, investor economics, distributions and waterfalls, reviewing journal entries and ensuring audit readiness, with 5+ years in PE fund accounting.

Proficiency in Investran, eFront and Allvue, plus strong Excel skills, is required, along with CPA/ACA preferred.

Qualifications

• Bachelor’s or 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.

Responsibilities

• Act as 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 accounting policies.
• Review journal entries, reconciliations, and financial statements prepared by analysts.
• Validate capital activity and ensure compliance with fund terms.
• Perform variance analysis and resolve discrepancies before reporting deadlines.
• Ensure audit readiness with proper documentation and controls.
• Prepare and review quarterly and annual financial statements under US GAAP/IFRS.
• Assist in valuation processes and application of fair value principles.
• Support regulatory reporting (Form PF, Annex IV) and investor tax pack preparation.
• Identify opportunities to streamline workflows and automate processes.
• Collaborate on system enhancements (Investran, eFront, Allvue) and automation.
• Mentor junior accountants and conduct training sessions on fund structures and reporting standards.

Skills

US GAAP/IFRS knowledge

Analytical skills

Excel proficiency

Education

Bachelor’s/Master’s in accounting/finance

CPA/ACA preferred

Tools

Investran

eFront

Allvue

Job description

Private Equity - SA3 The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers. Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services.

With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.

Your career with us should reflect your energy and passion. That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience. Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities. For our business, for clients, and for you

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.

Qualifications & Experience

• Bachelor’s/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.

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.