Senior Fund Accountant - RE

ACCA Careers; Maharashtra; Hybrid; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Marriage Gift policy

Paternity & Adoption leaves

Interest free loan policy

Salary advance policy

Wellbeing initiatives

Job summary

TMF Group in India is seeking a Fund Accountant to manage general ledger for Private Equity funds, deliver NAV calculations, and ensure timely investor reporting.

You will work with IFRS/US GAAP, coordinate audits, and strengthen internal controls. This role offers exposure to global clients and career growth within TMF Group.

Qualifications

• Professional qualification (CA, CPA, ACCA) preferred.
• 3 to 5 years of fund accounting experience in Private Equity or AIF.
• Familiarity with partnership accounting and waterfall calculations.
• Proficiency with Investran, eFront and Yardi.

Responsibilities

• Maintain general ledger and daily/ monthly accounting for Private Equity funds.
• Prepare NAV calculations, investor allocations and capital statements.
• Ensure recording of capital calls, distributions, fees and carry.
• Prepare IFRS/US GAAP financials and coordinate year-end audits.
• Prepare investor reports and respond to investor queries.

Skills

Fund accounting

IFRS/US GAAP

Waterfall calculations

Education

CA, CPA, ACCA

Tools

Investran

eFront

Yardi

Job description

TMF Group

We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms. If you are approached for payment, this is likely to be fraudulent. Please check to see whether the role you are interested in is posted on our career website.

About TMF Group

TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world. As we’re a global company with 11,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.

TMF India is a Great Place to Work, ISO & ISAE certified organization.

Discover the Role

It is an area experiencing significant growth in TMF, thus providing an opportunity for great career development.

Key Responsibilities

• Fund Accounting & Reporting
  • Maintain general ledger and perform daily, monthly, and quarterly accounting for Private Equity funds.
  • Prepare NAV calculations, investor allocations, and capital account statements.
  • Ensure accurate recording of capital calls, distributions, management fees, and carried interest.
• Financial Statements & Compliance
  • Prepare quarterly and annual financial statements in accordance with IFRS/US GAAP.
  • Coordinate with auditors for year-end audits and resolve queries promptly.
  • Ensure compliance with local regulations and client-specific requirements.
• Investor Reporting
  • Prepare investor reports, capital call notices, and distribution notices.
  • Maintain investor records and respond to investor queries in a timely manner.
• Cash Management
  • Review payment, payment templates and approve payments
  • Monitor cash positions and process payments related to investments, fees, and expenses.
  • Reconcile bank accounts and investment positions regularly.
• Process Improvement & Controls
  • Assist in implementing best practices and improving operational efficiency.
  • Ensure strong internal controls and adherence to policies....Less

Key Requirements

• Education:
  • Professional qualification (CA, CPA, ACCA) preferred.
• Experience:
  • 3 to 5 years of experience in fund accounting, preferably in Private Equity or Alternative Investments.
  • Familiarity with partnership accounting and waterfall calculations.
• Technical Skills:
  • Proficiency in accounting systems like Investran, eFront, and Yardi.
  • Knowledge of IFRS/US GAAP and Private Equity fund structures.
• Soft Skills:
  • Provide functional guidance to fund accountants
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work under pressure and meet deadlines.

Pathways for career development

• Work with colleagues and clients around the world on interesting and challenging work.
• We provide internal career opportunities, so you can take your career further within TMF.
• Continuous development is supported through global learning opportunities from the TMF Business Academy.

Making an impact

• You’ll be helping us to make the world a simpler place to do business for our clients.
• Through our corporate social responsibility program, you’ll also be making a difference in the communities where we work.

A supportive environment

• Strong feedback culture to help build an engaging workplace.
• Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best.

Other Benefits

• Marriage Gift policy
• Paternity & Adoption leaves
• Interest free loan policy
• Salary advance policy
• Wellbeing initiatives