Senior Analyst - Fund Accounting

Gravitas Technology; Mumbai; On-site; INR 900,000 - 1,350,000; Full time

Job summary

Gravitas Technology in Mumbai seeks an experienced accounting professional to lead end-to-end fund accounting for Private Equity and Real Estate vehicles. You will manage bookkeeping, journal postings, and preparation of financial statements, ensuring accuracy and timeliness.

You will calculate management fees, carried interest, investor allocations, and capital calls, and oversee NAV/GAV processes, market value reconciliation, and audit queries.

Qualifications

• Qualified Accountant or CA with fund accounting experience.
• Strong understanding of Private Equity and Credit Funds.
• Experience with NAV lifecycle, capital calls/distributions, and pricing validation.
• Experience with accounting tools and GL packages.
• Excellent communication and ability to work under pressure.

Responsibilities

• Handle Private Equity/Real Estate fund accounting tasks: bookkeeping, journal postings, and financial statements.

Skills

Fund accounting

NAV lifecycle

Private Equity

Credit funds

Audit support

MS Office

Communication

Ownership mindset

GAAP knowledge

Education

Chartered Accountant

MBA

Tools

GL packages

Valuation tools

Back-office systems

Front-office systems

Job description

Role & responsibilities

The role will involve the following critical activities:

• To work on Private Equity / Real Estate such as Fund / Financial Accounting - Book Keeping, Journal Posting, Preparation of Financial Statements.
• Management Fee Carried Interest and Expense Calculation & Posting. Capital Calls - Preparation of Capital Call Memos, Follow Up with LPs for funding Distribution - Preparation of Distribution working.
• END to End Daily/weekly/Monthly GAV/NAV preparation which includes
  • Booking of Capital Activities (Subscription/Redemption/Transfer)
  • Market Value Reconciliation,
  • Computation of Profit and Loss for Financial instrument
  • Expense Accounting
  • Dividend Accrual Reconciliation,
  • Bond Coupon Accrual Reconciliation,
  • Confirming Trial Balance ledgers tie-up with various sub-ledgers
• Preparing Financial Statements and Handling audit queries and other Ad-hoc reporting requirements.

Deliver high quality service to clients by accurate and timely completion all assigned tasks.

• Calculation of Management fees, Performance fees, Investor allocation and preparation of investor reports.
• Handling audit queries and other Ad-hoc reporting requirements.
• Assisting manager and team in meeting SLA.
• Training new joiners.

Preferred candidate profile

• Qualified Accountant or equivalent
• Chartered Accountant with 2 + years experience in FUND ACCOUNTING OR
• MBA with 4+ year experience in Fund Accounting
• Strong understanding and working experience of Private Equity (e.g., direct investments, co-investments, SPVs) and Credit Funds.
• Strong understanding of End-to-End NAV Lifecycle like Capital calls/distributions, NAV preparation and review, Investor Allocation, ROR Calculation Pricing validation, Carried interest / performance fee calculations Audit support & Financial Reporting.
• Previous Fund administration experience
• Strong working knowledge of a broad range of asset classes: Equities, Fixed Income, Option, Future, CFD, CDS, FX Forward, syndicated loans, direct lending, CLOs, distressed debt
• Candidate must have experience working with accounting tools, general ledger packages, valuation tools, and front / back-office processing systems.
• Excellent communication (verbal and written)able to coordinate with auditors, clients, and internal teams
• Strong ownership mindset; capable of handling pressure and timelines.
• Strong Knowledge of MS office