Team Leader - Fund Accounting (Qualified / Semi Qualified CA / ACCA), Vikhroli

Waystone; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Waystone in Mumbai seeks a experienced Team Leader – Fund Accounting to oversee end-to-end accounting for Private Equity and Real Estate Funds. You will mentor a team, ensure adherence to SLAs, and maintain strong client relationships with onshore teams and stakeholders.

You will review NAVs, allocations, capital calls, distributions, and financial reporting, while driving process improvements, governance, and risk controls in a dynamic private funds environment.

Qualifications

• 3+ years in fund accounting or related field.
• Experience in Private Equity and/or Real Estate Fund accounting is required.
• Experience in team leadership or mentoring preferred.
• Experience in Fund Administration or Asset Management is advantageous.

Responsibilities

• Lead end-to-end accounting for Private Equity and Real Estate Funds.
• Review NAV calculations, investor allocations, capital calls, distributions, and reporting.
• Oversee fund- and SPV-level accounting activities.
• Guide carried interest, waterfall calculations, valuations, and investor reporting.
• Manage audits, reconciliations, and reporting deliverables.
• Drive on-time delivery of client commitments and SLA targets.
• Coach and develop a team of Fund Accounting professionals.
• Support governance meetings and stakeholder engagement.

Skills

Fund accounting leadership

Private Equity Fund Accounting

Real Estate Fund Accounting

Stakeholder management

Education

CA / ACCA / CPA / CMA

Bachelor’s or Master’s degree or related field

Job description

Reports to: Operations Manager

**Local Mumbai based candidate should apply

We are seeking an experienced Team Leader – Fund Accounting to lead a team supporting Private Equity and Real Estate Fund clients. This role combines technical fund accounting expertise, people leadership, client management, operational excellence, and process improvement.

The successful candidate will be responsible for ensuring high-quality service delivery, team development, stakeholder management, governance oversight, and continuous improvement initiatives.

Key Responsibilities:

• Lead and review end-to-end accounting for Private Equity and Real Estate Funds.
• Review NAV calculations, investor allocations, capital calls, distributions, and financial reporting.
• Oversee investment, property, SPV, and fund-level accounting activities.
• Review carried interest, waterfall calculations, valuations, and investor reporting.
• Manage audits, reconciliations, and reporting deliverables.
• Ensure timely delivery of all client commitments and SLA targets.
• Lead, coach, and develop a team of Fund Accounting professionals.
• Conduct performance discussions and support career development plans.
• Drive engagement, retention, succession planning, and cross-skilling initiatives.
• Build strong relationships with clients, onshore teams, and internal stakeholders.
• Support governance meetings and operational reporting.

Operational Excellence & Innovation

• Drive quality reviews, risk management, and process controls.
• Ensure SOPs, checklists, and documentation remain current.
• Lead automation, AI adoption, and continuous improvement initiatives.
• Participate in UAT, system enhancements, and business continuity activities.
• Promote a culture of accountability, innovation, and service excellence.

Compliance & Risk Management

• Ensure adherence to client procedures, internal policies, GDPR, and regulatory requirements.
• Maintain strong operational controls and audit readiness.
• Proactively identify, escalation, and mitigate operational risks.

Education & Qualification:

• Qualified / Semi Qualified - CA / ACCA, CPA or CMA
• Bachelor’s degree or Master’s or a related field

Experience:

• Minimum of 3+ years of experience in Fund domain/industry
• Experience in Private Equity and/or Real Estate Fund Accounting
• Previous team leadership, supervisory, or mentoring experience preferred
• Experience within Fund Administration, Asset Management, Financial Services or Big 4 environments.

Required Skills:

• Private Equity & Real Estate Fund Accounting