Job Description

Job Title: Alternate Investment Fund (AIF) Operation Associate- Category III Fund - Open Ended Fund Reports To: AIF Fund Manager Location: Ahmedabad Job Summary: We are seeking an organized and detail-oriented AIF Operations Associate to join our growing team. The AIF Operations Associate will support the operational aspects of managing an Alternate Investment Fund, ensuring smooth day-to-day fund operations, accurate reporting, managing accounting operation, enable compliance and seamless client and investor relations. This position requires strong attention to detail, excellent communication skills, and the ability to work in a fast-paced environment. Key Responsibilities: Fund Accounting Operations: Assist in the administration and accounting operations of the AIF, including fund accounting, trade processing, and cash management. Investor Reporting: Support the preparation and delivery of regular investor reporting, including performance reports, NAV (Net Asset Value) calculations, and quarterly/annual reports. Transaction Processing: Manage the processing of capital calls, distributions, and other fund transactions, ensuring all activities are completed accurately and on time. Reconciliation: Reconcile fund positions with custodians, administrators, and counterparties to ensure accuracy and consistency in records. Compliance & Regulation: Ensure adherence to relevant regulatory requirements, internal policies, and procedures. Assist in the preparation of materials for audits and regulatory filings. Cash & Liquidity Management: Monitor cash balances, funding requirements, and liquidity needs of the fund. Help manage the capital structure and optimize cash flows. Fund Performance Analysis: Assist in tracking and analysing the funds performance, identifying any discrepancies or anomalies in performance metrics, and escalating issues as needed. Data Management: Maintain and update the funds data, including transaction details, investor information, and performance metrics. Cross-Functional Collaboration: Work closely with portfolio managers, compliance officers, risk teams, and legal departments to ensure smooth fund operations and timely execution of fund-related activities. Qualifications: Education: Bachelors degree in Finance, Accounting, Economics, or related field. Professional certifications such as CFA, CAIA, or similar would-be a plus. NISM -XIX Alternative Investment Fund Certification would be given preference. Experience: 3-5 years of experience in fund accounting operations, managing compliances, financial services, or asset management.Experience with AIF or private equity funds is preferred. Skills: Strong knowledge of fund accounting, trade settlement, and financial reporting. Proficiency in Microsoft Excel and financial modelling. Experience with fund administration platforms or financial software is a plus. Ability to handle multiple tasks and prioritize effectively in a fast-paced environment. Strong attention to detail and ability to ensure accuracy in all operations. Excellent communication skills, both written and verbal. Interested candidate may share their CV on hr@axita.in