Fund Accounting Manager

Job Description

Role & responsibilities Manage end to end Fund Accounting Operations for Alternative Investment Funds (AIF), Cat II & III. Coordination with Brokers, CPs & Custodians for NAV accounting. Handling taxation matters such as TDS, GST payments including periodic return filing. Advance tax management including Provision & Payment at quarter end. Daily Bank, Holding and Expense Reconciliation. Automation of all business and Operations processes including Reconciliation. Computation/review of Redemption workings as per the methodology mentioned in the PPM, making necessary changes, if required, on account of any taxation laws. Providing Inputs for Business MIS for AIF Business. Calculation of fees including Setup fees, Management fees, Custody, Performance fees, Exit load, Brokerage, Margins, PCM charges, Distributor brokerage and other charges. Monthly TDS and GST payment for all AIF schemes. Regulatory Compliance Effective compliance with applicable AIF regulations and associated requirements. Preparation/Review of regulatory reports (Monthly and Quarterly for SEBI, RBI etc.). Reviewing PPM for existing/new products & deliberate on operational nuances. Ensuring timely completion of Statutory & Internal Audits. Ensure error free & timely NAV processing and release for all Schemes (Cat II & Iii). Includes, Daily, Fortnightly & Monthly NAVs. Preparing/reviewing various investor related communications such as Form 64-C, K-1 statements for NRI US investors, income/principle distribution pay-out letters, drawdown notices etc.