Senior Fund Accountant - Private Credit Fund

Ernst & Young LLP ( EY India ); Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

EY Comply and RVS - Private Credit Fund Accounting Senior in Bengaluru is a senior fund accounting role. You will own NAV to financial statements, prepare deliverables, review juniors, and coordinate with stakeholders to ensure accuracy and timely reporting.

You will drive process improvements, explore AI-enabled automation, and work closely with auditors and internal teams to strengthen controls and regulatory compliance.

Qualifications

• 4–8 years in asset management or fund administration.
• Experience with US GAAP and regulatory reporting.
• Hands-on with fund accounting and financial statements.
• Proficient with MS Office and analytics.

Responsibilities

• Own NAV to financial statements for Private Credit Funds.
• Prepare and review investor reporting and financials.
• Coordinate with auditors and internal teams.
• Identify automation opportunities and AI-enabled improvements.

Skills

Fund accounting

US GAAP

AI-enabled tools

Executive communication

Education

Master’s degree in accounting or finance

Tools

eFront

Investran

Yardi

Eagle

Geneva

Job description

FS-RC-MS - EY Comply and RVS- Private Credit Fund Accounting- Senior

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. Risk Consulting – EY Comply - Senior At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.

About Global Delivery Services

About Global Delivery Services Global Delivery Services refers to EY’s worldwide network of service delivery centers. The GDS team plays an important role in EY’s strategy by ensuring effective support to EY’s growth agenda. Our journey started in 2002 with approximately 200 people. Today we stand at 80,000+ professionals in ten locations around the world. We operate in Argentina, China, Hungary, India, Philippines, Poland, Sri Lanka, Mexico, Spain and the United Kingdom. Client service is focused on providing Consulting, Assurance, Tax, Strategy & Transactions, and Knowledge support to our clients around the world. The teams enable account teams worldwide to provide seamless, high-quality, value-added support, helping deliver exceptional client service. Enablement Services provides cost-effective, high-skilled, and innovative services to support EY’s global and local enablement teams. Markets, BMC, AWS, Finance and Accounting, Risk Management, Procurement, People Shared Services, IT Service Delivery and IT Global Infrastructure services, are among the services offered by Enablement Services. Our innovation specialists serve the GDS Client Service and Enablement Services teams, along with Service Lines, Core Business Services and Sectors. The team brings the desired environment, technologies and skilled teams together for facilitation, rapid prototyping and innovative thinking. The competencies offered include analytics, digital, user experience, mobile technology, infrastructure, Microsoft technologies and open innovation.

The Opportunity

The Opportunity Open position for a senior role in fund accounting for one of our Global clients. The candidate is expected to own fund accounting and reporting cycle from NAV to financial statements. You will also be responsible for preparing deliverables & reviewing work of junior team members, liaising with relevant stakeholders and driving accuracy and process improvement.

Your Key Responsibilities

• Assist in the preparation and review of accounting records for Private Credit Funds in accordance with applicable accounting standards and pre-defined procedure.
• Record / Review transactions related to loan drawdowns, repayments, interest income, fees, PIK interest, realized / unrealized gain and loss.
• Support the monthly, quarterly and annual Nav calculation process.
• Review cash and bank reconciliations and investigate reconciling items in a timely manner.
• Reconcile investment positions, loan balances, accrued interest with portfolio managers & custodians.
• Assist in the preparation / review of investor reporting files, funds financial statements
• Support in review of capital call, distribution and investor allocation process.
• Identify process improvement opportunities and contribute to automation and standardization initiatives.
• Co-ordinate with internal teams, auditors and stakeholders to resolve queries.
• Ensure adherence to internal controls, regulatory requirements and organizational policies.
• Guide junior team members and drive training initiatives.
• Demonstrate working knowledge of AI capabilities relevant to operations.
• Participate in AI-enable process improvement initiatives and identify opportunities where AI can improve efficiency & quality.
• Responsible for decision-making, optimizing processes, resource management, and overseeing team management as needed for task execution.
• Accountable for allocating personnel, supervising team members, assigning tasks, ensuring that the team has the necessary tools and support to succeed in their roles and optimizing and evaluating their performance to meet organizational goals.

Skills and attributes for success

4 - 8 years of experience in Asset management sector, Exposure to US based asset management or fund administration firm will be an addon Experience with software tools including document management systems, workflow systems, partnership accounting, investment accounting such as eFront, Investran, Yardi, or other investment sub-ledger software / Eagle / Geneva Proficiency in Fund accounting and financial reporting, Investment accounting, financial statements process, regulatory and statutory reporting, management and financial reporting, consolidation reporting Experience in operational aspects like NAV finalization, reconciliations, management reporting and investor reporting, reconcile investor capital balances and allocation of Profit & Loss. Strong grip on journal entries. Experience in Private Equity funds, Real Estate Funds, Private Credit Funds. Strong understanding of US GAAP and regulatory requirements. Master’s degree in accounting or finance will be an added benefit. Crisp and effective executive communication skills, including significant experience presenting cross-functionally and across all levels. Understanding BRD would be an added advantage. Should pay attention to detail, proficient in MS applications (Word, Excel, Power Point), excellent analytical skills and must display effective interaction capabilities with various stakeholders. Ideally you will also – Have hands‑on experience with fund accounting & reporting platforms, and an appetite for applying AI & automation to streamline NAV production, reconciliations and financial statement preparation.

What we look for –

• Strong technical grounding in fund accounting and US GAAP.
• Someone with sharp analytical judgement who embraces AI-enabled tools, while retaining the rigour to challenge and validate outputs.

What we offer you

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

Our Commitment :

As a commitment, we persistently endeavour to embody our values, fulfil our purpose, and champion inclusiveness. Our dedication is to cultivate EY into an environment where diverse perspectives are celebrated, creating a supportive atmosphere for individuals to authentically be themselves and contribute their utmost.

Professional Developmen t:

From entry-level employees to senior leaders, we believe in continuous learning. We offer opportunities to build new skills, take on leadership roles, and connect and grow through mentorship.

People and Culture :

In our dynamic workplace, diversity, equity, and inclusiveness are ingrained in our culture. We’re united by a commitment to create an environment where every individual’s differences are valued, practices are equitable, fostering a sense of belonging. Our shared values include integrity, respect, teaming, inclusiveness, energy, enthusiasm, courage to lead, and building relationships based on doing the right thing.

Benefits:

Benefits: Embark on a transformative career journey with us and indulge in a suite of premium benefits, encompassing exclusive health and wellness packages, enticing rewards, and cutting-edge learning opportunities that empower you to continually grow and excel in your professional and personal development.

Equal Opportunity and Disability Statement

To help create an equitable and inclusive experience during the recruitment process, please inform us as soon as possible about any disability-related adjustments or accommodations you may need.

“We are an equal opportunity employer and are committed to Diversity, Equity & Inclusion”.