Vice President – Private Equity Fund Accounting

Avensys Consulting Pte Ltd; Gurugram District; On-site; INR 4,500,000 - 7,500,000; Full time

Job summary

Our client, a leading global financial services and fund administration organisation, seeks a Vice President – Private Equity Fund Accounting to lead end-to-end private equity fund accounting, oversee complex structures, and ensure accurate, timely reporting for investors worldwide.

You will drive operational excellence through process redesign, technology transformation, and global team leadership, partnering with investment teams, tax, compliance, auditors, and administrators to deliver

Qualifications

• 14+ years in private equity fund accounting or alternatives.
• Experience leading multi-fund portfolios and complex structures.
• Deep knowledge of US GAAP/IFRS, ASC 946/820, waterfall mechanics, carried interest.

Responsibilities

• Lead end-to-end private equity fund accounting for multiple vintages and structures.
• Oversee financial close, investor reporting, and regulatory compliance.
• Drive platform strategy, data governance and controls.
• Build and mentor global teams across locations.

Skills

PE accounting leadership

Global team leadership

Stakeholder management

Process improvement

Education

Bachelor's/Master's in accounting/finance

CPA/ACA preferred

Tools

Investran

Allvue

eFront

Power BI

Tableau

RPA/Alteryx/Anaplan

Job description

If you are passionate about playing a key role in the success of a leading global financial services and fund administration organisation, we want to hear from you!

Our client is a well-established global provider of fund administration and alternative investment services who is now looking for a passionate and experienced Vice President – Private Equity Fund Accounting to lead the end-to-end private equity fund accounting function, oversee complex fund structures and investor reporting, and drive operational excellence, technology transformation and high-performing teams.

This is an exciting opportunity to take on a senior leadership role within a global organisation, working closely with investment teams, investor relations, tax, compliance, auditors and other key stakeholders. The role offers significant exposure to private equity fund accounting, complex investment structures, fund technology, process transformation and global team leadership.

ROLES AND RESPONSIBILITIES

Core Responsibilities

Lead the end-to-end private equity fund accounting function across multiple vintages, strategies (buyout, growth, venture, co-invest, secondaries), and structures (LP funds, feeder funds, parallel vehicles, SPVs). Own the platform, process, people, and client service pillars to deliver accurate, timely financial reporting, investor servicing, and regulatory compliance at scale. Serve as a critical liaison with Front Office, Investor Relations, Tax, Compliance, and external administrators/auditors.

1) Process (Operating Model, Reporting, Compliance)

• Financial Close & Reporting: Own monthly/quarterly close for funds and feeder vehicles; deliver financial statements (US GAAP/IFRS), partner capital accounts, and investor-level reporting with high accuracy and speed.
• Capital Activity Operations: Oversee end-to-end workflows for capital calls, distributions, true-ups, equalizations, and side letter economics—ensuring precision and timely investor communications.
• Valuations & Waterfalls: Coordinate fair value measurements (ASC 820/IFRS 13) and run waterfall allocations (deal-by-deal/fund-as-a-whole) including carried interest, preferred return, and catch-ups.
• Regulatory & Tax: Ensure compliance with AIFMD, Form PF, Annex IV, FATCA/CRS, and local filings. Partner with Tax for K-1/Investor tax packs and jurisdictional complexities.
• Policies & SOPs: Author, maintain, and enforce global accounting policies, playbooks, RACI matrices, and escalation protocols. Drive QA/QC reviews and exception management.
• Continuous Improvement: Lead Lean/Six Sigma initiatives; reduce close-to-report cycle time, lower error rates, and eliminate manual reconciliations through automation and standardization.

2) Client Service (LP/GP Experience, Stakeholder Management)

• Investor Excellence: Serve as senior point of contact for LPs, addressing complex inquiries and bespoke reporting. Maintain SLAs for response times and accuracy.
• Stakeholder Partnership: Collaborate with Deal Teams, Portfolio Monitoring, IR, Legal/Compliance, and External Auditors/Administrators to ensure seamless information flow and timely deliverables.
• Onboarding & Transitions: Lead onboarding for new funds/investors, side letters, and transitions from/to administrators. Ensure change governance, cutover plans, and risk controls.

Communications

Produce clear, executive-ready materials—dashboards, variance analyses, waterfall summaries, and board/regulatory packs. Anticipate issues and proactively manage expectations

3) Platform (Technology, Data, Controls)

• Systems Ownership: Drive roadmap, selection, and optimization of the fund accounting tech stack (e.g., GL, waterfall, capital activity modules, data warehouse, BI/visualization tools). Champion automation for capital calls/distributions, waterfalls, and management fee/carried interest calculations.
• Data Architecture & Governance: Establish standardized data models and golden sources for portfolio, capital activity, and investor records. Implement robust reference/master data management and reconciliation frameworks.
• Controls & Security: Implement SOX‑style internal controls, segregation of duties, audit trails, and role‑based access. Ensure cyber‑resilience and data privacy compliance (GDPR, CCPA as applicable).
• Scalability & Reliability: Build repeatable, resilient operating models that support new fund launches, multi‑currency books, and complex structures (blockers/aggregators). Target straight‑through processing (STP) and best‑in‑class cycle times.

4) People (Leadership, Capability, Culture)

• Team Leadership: Manage and mentor fund controllers and teams across locations/time zones. Build succession plans and career paths; cultivate a high‑performance culture.
• Workforce Planning: Align capacity with demand (fund launches, transactions, audit cycles). Optimize onshore/offshore mix and leverage managed services/administrators where strategic.
• Skills & Training: Implement structured learning paths (PE accounting standards, waterfalls, systems), certification support (CPA/ACA/CFA), and cross‑training programs.
• Culture & Engagement: Promote accountability, continuous learning, and psychological safety. Recognize excellence and build inclusive practices that improve retention and productivity.

Key Performance Indicators (KPIs)

• Timeliness: % on‑time financial statements; close cycle duration; SLA adherence for capital calls/distributions and investor inquiries.
• Efficiency: Automation coverage (% STP), cost per fund/vehicle, manual touchpoint reduction, productivity per FTE.
• Stakeholder Satisfaction: LP satisfaction scores, internal partner feedback (IR/Deal teams), audit outcomes (no material weaknesses).
• People & Culture: Engagement scores, voluntary attrition, bench strength/succession readiness, certifications completed.
• Change Outcomes: Successful fund launches, system upgrades, and process transformations delivered on scope/time/budget.

REQUIREMENTS

• Education: Bachelor’s/master’s in accounting/finance; CPA/ACA preferred.
• Experience: 14+ years in private equity fund accounting or alternatives; track record leading multi‑fund portfolios and complex structures (multi‑currency, feeders, parallel funds, SPVs).
• Technical: Deep knowledge of US GAAP/IFRS, ASC 946/820, waterfall mechanics (deal‑by‑deal/fund‑as‑a‑whole), carried interest, fee mechanics, equalizations, and side letter economics.
• Systems: Hands‑on fluency with PE accounting platforms (e.g., Investran, Allvue, eFront), BI tools (Power BI/Tableau), and workflow automation (RPA/Alteryx/Anaplan).
• Leadership: Proven capability to manage global teams, transform processes, and influence cross‑functional stakeholders at senior levels.

Competency

• Operational Excellence: Process design, control frameworks, continuous improvement, and data‑driven decision‑making.
• Strategic Thinking: Ability to translate firm strategy into operating model, tech roadmap, and staffing plans.
• Communication: Executive presence; crisp written and verbal communication for LPs, boards, and auditors.
• Judgment & Risk Management: Strong accounting judgment; proactive identification and mitigation of operational and regulatory risks.
• Ownership & Bias for Action: Comfortable with ambiguity; drives outcomes with accountability.

WHAT’S ON OFFER

You will be remunerated with an excellent base salary and entitled to attractive company benefits. Additionally, you will get the opportunity to enjoy a fun and collaborative work environment, alongside a strong career progression