Assistant Vice President

The successful candidate will join the Fund Services team as an Assistant Vice President Fund Accounting and will be closely working with Client Service Managers in connection with the performance of duties related to the administration of Alternative Investment Category III Funds (AIF) registered with IFSCA. You should have around 9 plus years of relevant experience in the Administration of AIFs and corresponding Accounting, valuations & NAV calculations as per SEBI & IFSCA guidelines. It is essential to have a good understanding of performance fee calculation based on series & equalization accounting. You will be responsible for planning, scheduling, and managing the daily workflows of all client deliverables within the team. This includes reviewing/preparing NAVs for AIF Cat III funds on a daily/monthly basis, preparing Cash/Position/Market Value Reconciliations, resolving breaks, reviewing pricing of the portfolio as per the IFSCA/SEBI guidelines, and analyzing pricing exceptions. Additionally, you will be responsible for accruing/amortizing daily or monthly non-security-related Fee accruals, processing non-automated transactions including OTC derivatives, and effectively communicating with clients on daily reporting of Estimates/NAVs/Query resolutions. Furthermore, you will finalize the month-end NAV of the client, provide Investor Level Allocation reports at month-end, and be well-versed with performance fee calculation & series & equalization accounting. You will also provide support in preparing/reviewing/assisting in completing the funds with regulatory requirements per IFSCA guidelines, supporting audits for funds in the preparation of financial statements, and collaborating on projects related to Automations/Work migrations/Conversions, etc. You should have 8+ years of experience working in Alternative Investment Funds (Category III) & Domestic mutual funds, be well-versed with valuation of various asset classes as per SEBI/IFSCA guidelines, have a good understanding of performance fee calculation/series based accounting & Equalization, and possess educational background M.com/CA/MBA Finance/CFA. Familiarity with Paxus is a major plus. Proficiency in advanced Excel functions, excellent communication and interpersonal skills, and the ability to work additional hours as needed are crucial for this role. Team management, Performance appraisal & People growth and development are also key aspects of this position. In return, you will have a genuinely unique opportunity to be part of an expanding large global business, gain exposure to all aspects of the business, cross-jurisdiction, and work directly with senior management.,