Technical Accounting Lead, Open-Ended Funds

IQ-EQ; Hyderabad; On-site; INR 3,200,000 - 5,200,000; Full time

Benefits offered by this job

Total rewards package

Health insurance

Transport allowance

Paid time off

Job summary

IQ-EQ in Hyderabad is seeking a Senior Technical Lead to guide open-ended fund mechanics, resolve complex queries, and shape accounting frameworks. You will mentor teams, review statements, and support onboarding with governing documents and fee calculations.

The role requires strong IFRS/UK/US GAAP knowledge, experience in asset management or fund administration, and proficient Excel skills. You will contribute to evergreen service models and industry updates.

Qualifications

• Degree in Accountancy, Business, Maths, or related discipline, with a professional accounting qualification (ACA/ACCA or equivalent) or 7+ years of relevant experience.
• Extensive expertise in open-ended or evergreen fund accounting, gained in asset management, fund administration, audit practice, or similar environments.
• Strong technical knowledge of performance fee methodologies, subscription/redemption mechanics, equalisation approaches, series accounting, NAV reporting, and investor allocations.
• Ability to interpret legal documents and apply IFRS/UK/US GAAP to investment funds, including disclosures.
• Experience in training or knowledge-sharing sessions, with proficient Excel skills and good communication.

Responsibilities

• Act as subject‑matter expert on open-ended and evergreen fund mechanics, including NAV methodologies, series accounting, subscriptions/redemptions, equalisation, and performance fee/waterfall calculations.
• Resolve technical queries from Client Services and clients, review financial statements and complex deliverables, and provide clear guidance to internal teams.
• Support onboarding by assisting implementation teams with fund governing documents, fee calculations, and operational reviews, ensuring fund terms compliance.
• Develop review frameworks, guidance notes, templates, and updates, maintaining an in-house library of industry and accounting developments.
• Mentor and collaborate by training junior team members, building knowledge capabilities, identifying control weaknesses, and partnering with product and operations teams.

Skills

Open-ended fund accounting

NAV methodologies

IFRS/US GAAP knowledge

Training capability

Education

Degree in Accountancy/Business/Math or related

ACA/ACCA or equivalent

Tools

Microsoft Excel

Job description

Job Description

Senior Technical Lead responsible for providing expert guidance on open‑ended fund mechanics, resolving technical queries, shaping accounting frameworks, mentoring teams, and ensuring high‑quality client service across evergreen fund structures.

What You Will Do

• You’ll act as subject‑matter expert on open‑ended and evergreen fund mechanics, including NAV methodologies, series accounting, subscriptions/redemptions, equalisation, and performance fee/waterfall calculations.
• You’ll resolve technical queries raised by Client Services and clients, review financial statements and complex deliverables, and provide clear technical guidance to internal teams.
• You’ll support onboarding by assisting implementation teams with fund governing documents, fee calculations, and operational reviews, ensuring compliance with fund terms.
• You’ll develop frameworks by creating review processes, guidance notes, templates, and technical updates, while maintaining an in‑house library of industry and accounting developments.
• You’ll mentor and collaborate by training junior team members, building knowledge capabilities, identifying control weaknesses, and partnering with product and operations teams to design evergreen service models.

What We Offer

• Competitive Total Rewards Package: Comprehensive annual compensation including basic salary, HRA, special allowance, provident fund, gratuity, internet allowance, and food allowance.
• Health & Insurance Coverage: Medical insurance, group term life insurance, and personal accident insurance.
• Allowances & Support: Transportation/transport allowance and shift allowance.
• Paid Time Off: Generous leave policy to support work‑life balance.

Qualifications

• You hold a degree in Accountancy, Business, Maths, or a related discipline, with a professional accounting qualification (ACA/ACCA or equivalent) or 7+ years of relevant experience.
• You bring extensive expertise in open‑ended or evergreen fund accounting, gained in asset management, fund administration, audit practice, or similar environments.
• You possess strong technical knowledge of performance fee methodologies, subscription/redemption mechanics, equalisation approaches, series accounting, NAV reporting, and investor allocations.
• You demonstrate practical skills in interpreting legal documents, applying IFRS/UK/US GAAP to investment funds, and reviewing financial statements including disclosures.
• You add value with training capability through experience conducting training or knowledge‑sharing sessions, supported by intermediate proficiency in Microsoft Excel and strong communication skills.