Senior Manager – Fund Accounting Oversight Specialist – Private Assets

M&G India; Mumbai; Sur place; INR 3 500 000 - 7 000 000; Plein temps

Résumé du poste

M&G India, a strategic innovation and digital hub for M&G, seeks a Senior Manager – Fund Accounting Oversight Specialist – Private Assets in Mumbai. You will lead end-to-end NAV oversight, fund accounting, and financial reporting for private assets, engaging with TPAs and cross-border teams to ensure accurate, timely reporting.

Ideal candidates have 8–10 years in financial services, strong governance, and experience in outsourced operating models, with professional accounting

Qualifications

• 8–10 years in financial services with fund accounting oversight or fund reporting.
• Experience supervising or managing teams.
• Knowledge of UK, Ireland, Luxembourg regulations.
• Ability to oversee TPAs and challenge outputs.
• Strong analytical and governance mindset.
• Professional accounting qualification.

Responsabilités

• Deliver NAV and financial reporting oversight across assigned funds with SLA adherence.
• Collaborate with onshore and offshore partners including India-based colleagues.
• Oversee BAU in financial reporting, fund accounting, and NAV oversight.
• Act as SME for fund accounting oversight including costs & charges.
• Identify NAV errors, control issues and drive remediation.
• Drive process improvements and strengthened oversight.
• Manage complex stakeholder queries.
• Build relationships with TPAs and internal partners.

Connaissances

NAV oversight

Fund accounting

Financial reporting

Outsourced model

Stakeholder management

Regulatory knowledge

Formation

Bachelor's/Master's in Finance/Accounting

CFA/CA/MBA Finance desirable

Description du poste

About M&G India

We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.

About M&G India

We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.

Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.

Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.

About M&G

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

Job title

Senior Manager – Fund Accounting Oversight Specialist – Private Assets

Team

Investment Accounting Services

Location

Mumbai

Shift

UK Hours

Overall Job Purpose

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

This role is responsible for end-to-end oversight of NAV production, fund accounting, and financial reporting across M&G’s private markets platform, covering a diverse range of structures and jurisdictions.

The role plays a critical part in ensuring the accuracy, timeliness, and integrity of fund reporting, safeguarding investor outcomes, and strengthening M&G’s risk and control environment within an outsourced operating model.

The position also contributes to the ongoing evolution of the fund accounting oversight framework, driving standardization, efficiency, and enhanced governance. It also builds relationships with TPAs and internal teams to uphold M&G’s risk and control framework across fund accounting, reporting and expense oversight.

Key Responsibilities/ Accountabilities

• Deliver robust NAV and financial reporting oversight across assigned funds, ensuring adherence to SLA timelines, accuracy thresholds, and regulatory requirements.
• Work closely with onshore and offshore partners, including India based colleagues.
• Carry out BAU oversight across technical areas within financial reporting, fund accounting and NAV oversight.
• Act as a subject matter expert for fund accounting oversight, including Fund, Financial Reporting and Costs & Charges.
• Perform error and risk validation, analyse control failures, support remediation activity and contribute to Risk & Compliance investigations.
• Drive continuous improvement across processes, controls and oversight.
• Manage complex internal and external stakeholder queries.
• Build and maintain relationships with TPAs and internal partners.

Knowledge, Skills, Experience & Educational Qualification

• Strong technical expertise in fund accounting, NAV oversight, and financial reporting, with knowledge of regulations across key jurisdictions (UK, Ireland, Luxembourg).
• Solid understanding of private markets structures and asset classes (e.g., LP/GP, ICAV, RAIF; private debt, real estate, alternative credit) and associated valuation methodologies.
• Experience working within an outsourced operating model, with the ability to effectively oversee and challenge third-party administrators (TPAs) and financial outputs.
• Strong analytical and problem-solving capability, with the ability to assess NAV errors, control issues, and drive timely resolution.
• Proven ability to operate with independence, sound judgement, and accountability in a governance-driven environment.
• Effective stakeholder management and communication skills, with the ability to influence TPAs, auditors, and internal teams.
• Focus on risk, controls, and continuous improvement, with the ability to identify gaps and strengthen oversight frameworks.
• Relevant accounting or finance qualification, with the ability to apply technical knowledge to support decision-making.

Experience

• 8-10 years of experience in financial services. Min 5 years of experience in Fund accounting oversight or fund financial reporting oversight with at least 2–3 years in a supervisory or managerial role.

Educational Qualification

• Graduate/Postgraduate in Commerce, Accounting, or Finance. Professional certifications (e.g., CFA, CA, MBA Finance) are a plus.
• Relevant IOC or Investment Management qualification / Certification would be desirable.

M&G Behaviours relevant to all roles

Tell it like it is

Respectfully speaking up to create better ways forward – both direct and empathetic

Own it now

Putting your name on things with confidence to drive progress and results quickly

Move it Forward Together

Forming cross-functional teams to seize the right opportunities and solve real problems.

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.