Private Equity / Real Asset Fund Accounting - Gurgaon

theapexgroup; Pune District; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

The Senior Fund Accountant role in Gurgaon focuses on reviewing complex transactions, mentoring juniors, and ensuring timely financial reporting under US GAAP/IFRS for private equity funds.

You will act as SME for fund structures, investor economics, waterfalls, and carried interest, while driving process improvements and system enhancements (Investran, eFront, Allvue).

Qualifications

• Bachelor's/Master's in accounting or finance; CPA/ACA preferred.
• 4–14 years in private equity fund accounting or alternatives.
• Strong knowledge of US GAAP/IFRS, waterfall mechanics, and investor economics.
• Proficiency with PE 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.
• Review journal entries, reconciliations, and financial statements.
• Validate capital activity and ensure fund term compliance.
• Support valuation processes, Form PF, Annex IV, investor tax packs.
• Collaborate on system enhancements and process automation.
• Mentor junior team members and conduct training.

Skills

PE accounting

US GAAP/IFRS

Waterfall mechanics

Investor economics

Excel

Analytical skills

Communication

Education

Bachelor's/Masters in accounting/finance

CPA/ACA preferred

Tools

Investran

eFront

Allvue

Job description

Location - Gurgaon

Role Purpose

The Senior Fund Accountant serves as a Senior Fund Accountant (SFA) or Asst Vice President (AVP) in private equity fund accounting, leveraging deep product knowledge and technical expertise to ensure accurate and timely financial reporting. This role focuses on reviewing complex transactions , mentoring junior team members, and acting as a key resource for operational queries and process improvements.

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

• Bachelor's/master's in accounting/finance; CPA/ACA preferred.
• 4-14 years in private equity fund accounting or alternatives.
• Strong knowledge of US GAAP/IFRS , waterfall mechanics, and investor economics.
• Proficiency in PE accounting platforms (Investran, eFront, Allvue) and Excel.
• Excellent analytical and problem-solving skills.

Competencies

• Technical Depth: Advanced accounting knowledge and ability to interpret complex fund terms.
• Attention to Detail: High accuracy in reviews and reconciliations.
• Communication: Ability to explain technical concepts clearly to non-technical stakeholders.
• Ownership: Takes initiative in resolving issues and improving processes.

Disclaimer : Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.