Consultant / Assistant Manager

Fund Financial Reporting – Hedge and Private equities – IFRS, US GAAP & Lux Gaap

Position: Consultant / Assistant Manager

Expectation: Minimum 1-5 years of working experience into financial reporting for global hedge funds and private equities along with Strong accounting basics and Knowledge on IFRs/ Ind AS and US GAAP requirements.

We expect the resource to be capable of comprehending the reporting requirements well and prepare/review the financial statements and handle audit support with minimal support and guidance.

Knowledge & Skills required:

Strong analytical and communication skills.

Good working knowledge on Alternative Investments Fund Industry

Conceptual understanding of

NAV and GAV Calculation,

Income and expense allocations, PL allocations

Calculating Capital Calls and Distributions.

Calculating Quarterly Management and Incentive fees schedules along with High water Mark.

Thorough understanding along with working knowledge of reporting requirements and preparation of each of the core statements of funds along with SOI and notes to accounts.

Understanding of various FSLIs in the financials and components to it

Knowledge of applicable disclosure requirements for hedge funds and Private equities under IFRS and US GAAP.

Conceptual clarity on Private equity investments and Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc.

Minimum relevant experience of 1-5 years into:

Extensive experience in preparation and review of financial statements of Hedge Funds and Private equities -– manually on excel without use of software.

Experience in preparation of qualitative and quantitative notes for various disclosures in notes to accounts.

Understanding of various FSLIs in the financials and components to it

Experience in handling the preparation of SOI – understanding of the disclosure requirements and awareness of practice nuances in its preparation.

PL allocations and Investor allocations

Calculation of various rolls (CMV, URGL, Investment) and experience in variance resolution.

Understanding and experience on topsides – common topsides and amortization requirements.

Financial Highlights.

Basic understanding of Investment Valuation techniques.

Working knowledge on accounting for Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc

Monthly and quarterly management reporting and year end financial reporting including support on audit closure.

Fund Accounting – Hedge Funds & private Equity

Position: Consultant/AM

Expectation: Minimum 2 -5 years of working experience into Accounting for Hedge Funds/Private equities/Mutual funds along with accounting and conceptual knowledge of various derivatives.

Knowledge & Skills required:

Good conceptual knowledge on Hedge funds/Private Equities.

Booking Journal Entries for various transactions daily.

Calculating Capital Calls and Distribution Allocations and preparing Unfunded Commitment.

Calculating Quarterly Management fees schedules.

Calculating Carry, accruing for expenses, analyzing Capital Contributions required for investments.

Strong knowledge in Hedge Funds including Waterfall, High Water Marks, Incentive Fees, etc.

Conceptual clarity on Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc.

Conceptual knowledge on Corporate actions, corresponding accounting treatment, cashflows and their impact on Strike Price.

Minimum relevant experience of 2 years into:

Fund Accounting activities including but not limited to bookkeeping, NAV computation, investor reporting, Management fee calculations, incentive fee and performance fee calculation, Capital calls and Distribution notices, processing payments.

Working knowledge on accounting for Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc

Preparing investor notices for capital calls and distributions.

Onboarding new Funds

PL review and validation and proposing adjustment entries as needed.

Computation of Management fee, Incentive fees and IRR for each period to know the performance of the fund.

Allocate Income and expenses gain or losses for each fund and analyses if any discrepancies.

Booking necessary activities like subscription, redemptions, transfer etc. and Calculating Daily, Weekly & Month end NAV.

Providing Exception reports to clients and higher management on daily, weekly, and monthly basis.

Sending pricing statements and generating monthly net asset value (NAV) reports for clients, ensuring timely and accurate information is provided.

Daily position reconciliation and booking trade accordingly, daily cash reconciliation, research and investigation of all identified discrepancies.

Experience in market value reconciliation and derivative reconciliation.

Prepare quarterly work papers including preparation of General Ledger, Income Statements, Balance Sheet, Schedule of Investments, Receivable and Payable Schedule, NAV Calculations and Waterfall preparations.