Senior Fund Accountant - Private Equity and Financial Reporting

Ernst & Young LLP ( EY India ); Bengaluru; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

EY's Global Delivery Services invites applications for a Senior role in Private Equity Fund Accounting and Financial Reporting in Bengaluru. You will own the fund accounting and reporting cycle from NAV to financial statements, review junior work, and liaise with stakeholders to drive accuracy and process improvements.

The role demands deep knowledge of fund accounting, US GAAP, and experience with fund accounting platforms, with opportunities to apply AI to enhance NAV production and reporting.

Qualifications

• Advanced proficiency in fund accounting, financial reporting and close processes.
• Experience with regulatory and statutory reporting and consolidation.
• Strong data analytics, governance, controls and regulatory knowledge.

Responsibilities

• Own fund accounting and reporting cycle from NAV to financial statements.
• Review junior work and liaise with stakeholders for accuracy.
• Drive process improvement and efficiency in operations.
• Handle capital calls, valuations and transaction processing.
• Identify AI opportunities to automate NAV production and reporting.
• Collaborate with business and technology to define feature roadmaps.
• Translate business goals into epics, user stories and acceptance criteria.
• Prioritize backlog and manage release scopes.
• Support AI-enabled process improvements.

Skills

Fund accounting

Financial reporting

Investment accounting

NAV finalization

Reconciliations

Investor reporting

US GAAP

AI-enabled tools

Education

MBA/CA/ACCA/CPA

Tools

Investran

Eagle

Yardi

Geneva

Job description

FS RC - MS EY COMPLY and RVS - Private Equity Fund Accounting and Financial Reporting - 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.

Service line 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

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

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

• Understand the intricacies of Funds and Fund-of-Fund investment operations and financial statement reporting preferably Private Equity / Real Estate funds / Private Credit Funds
• Define new procedures and controls to enhance the overall operational risk process
• Drive high-quality work products within expected timeframes and budget
• Ability to execute detailed procedures based on knowledge of fund controllership, investment books and records, and/or financial reporting processes
• Perform critical accounting activities, including capital calls, valuations, and transaction processing
• Identify, evaluate, and suggest new technology opportunities that is value-driven for platform enablement and act as key differentiators for any offerings in WAM/BCM space
• Facilitate and encourage the necessary conversations between the Business and Technology to determine the what and the how of the product features
• Work with Technology and business partners in identifying process improvement areas and bring in the culture of automation
• Collaborate with business, architects to translate business requirements into scalable solution options and provide inputs to product roadmap/strategy
• Translate business goals into detailed epics, user stories, and acceptance criteria
• Prioritize backlog items, manage change requests, and define release scopes
• 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

Key qualifications and skills

• Advanced proficiency in Fund accounting and financial reporting, Investment accounting, financial statement close process, regulatory and statutory reporting, management and financial reporting, consolidation reporting, advanced data readiness and analytics, governance, controls, and regulation.
• Experience with fund administration and investment accounting platforms like Investran / Eagle / Yardi / Geneva
• Knowledge in Private Equity, Private Credit & Real Estate Funds and investment accounting.
• Experience in operational aspects like NAV finalization, reconciliations, management reporting and investor reporting, reconcile investor capital balances and allocation of Profit & Loss.
• Qualifications for this position require MBA/CA/ACCA/CPA certification.
• Immediate joiners will be added advantage.
• 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.

Are you ready to shape your future with confidence?

Professional Development

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

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.

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.

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.

Equal Opportunity Statement

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

Successful candidates advance to a competency-based interview. If mutual interest persists, a job offer awaits.

Experience Level Senior Level