Sr. Associate_Fund Accounting (Private Equity) / EMEA

Acuity Knowledge Partners; Bengaluru; On-site; INR 1,400,000 - 2,600,000; Full time

Job summary

Acuity Knowledge Partners is seeking a Fund Accounting Specialist with 5-6 years of experience to support a buy-side client in private equity fund activities from Bengaluru. You will handle NAV closes, capital activity reviews, and PE waterfall computations, while ensuring accuracy and timely reporting.

Responsibilities include reviewing trial balances, accruals, and journal entries, and coordinating with stakeholders on capital calls, distributions and expenses.

Qualifications

• 5-6 years of experience in fund accounting or related PE fund activities.
• Permanent role in a buy-side fund accounting team.
• Strong knowledge of fund accounting concepts for closed-end PE funds and SPVs.
• Experience with capital calls, distributions and waterfall models is desirable.

Responsibilities

• Perform and review fund accounting activities for closed-end private equity funds, feeder funds, SPVs, and co-investment structures.
• Support month-end, quarter-end and year-end NAV close, including trial balances, accruals, and journal entries.
• Review capital activity such as calls, drawdowns, distributions and investor allocations.
• Calculate and review management fees, fund expenses, and other fund-level accruals.
• Assist in carried interest, performance allocations and PE waterfall calculations.
• Analyze investment activity, valuations, FX movements and related costs.
• Communicate with stakeholders; prioritize, manage issues and ensure timeliness.

Skills

Fund accounting

NAV close process

Private equity

Portfolio valuation

Waterfall models

Financial analysis

Stakeholder management

Excel

Investran

Tools

Microsoft Excel

Investran

Job description

Job Description

5 - 6 Years

Permanent

This role willsupport one of Acuity's buy-side clients in the fund accounting activities for closed-end private equity funds andrelated investment vehicles.

Fund Accounting Support (Close ended/Private Equity funds)

Perform and review fund accounting activities for closed-end private equity funds, feeder funds, special purposevehicles and co-investment structures.

Support the month-end, quarter-end and year-end NAV close process, including review of trial balances,accruals, journal entries, expense allocations and investor-level accounting.

Review capital activity, including capital calls, drawdowns, distributions, transfers, subscriptions, redemptionsand investor allocations.

Calculate and review management fees, fund expenses, organizational expenses, transaction costs and otherfund-level accruals.

Support the preparation and review of carried interest, performance allocation and private equity waterfallcalculations in accordance with fund agreements and investment terms.

Review investment activity, including acquisitions, disposals, realized and unrealized gains or losses, portfoliovaluations and foreign exchange movements.

Analyze and calculate cost of carry, financing costs, commitment fees, interest accruals and other investmentrelated expenses where applicable.

Strong knowledge of fund accounting concepts and private equity fund structures, including closed-end funds,partnerships, feeder funds, co-investment vehicles and special purpose vehicles.

Understanding of capital calls, distributions, commitments, unfunded commitments, management fees, carriedinterest, partner allocations and waterfall models. Knowledge of investment accounting, portfolio valuation, realized and unrealized gains or losses, fair valueprinciples and cost of carry.

Strong communication and stakeholder-management skills.

Effective prioritization, control management and issue-resolution skills.Tools

Good working knowledge of Microsoft Excel

Experience with Investran will be an advantage.

Others Should be willing to work in the EMEA shift i.e. 2am to 11am ET/ 3am to 12pm ET

Job Snapshot

Job ID

JOB_8414

Sub-department

Investment Operations and Risk Services

Location