Principal Officer

Position Name -

Principal Officer

Location - Gift City,Gandhinagar

Experience Range - 5+ yrs

Mandatory Requirement

• Technical expertise in fund accounting and investor reporting
• Liaise and report effectively with regulatory bodies, ensuring adherence to all compliance and reporting requirements .
  

About the client:

Job Roles And Responsibilities

• Fund Accounting & Operations Oversight:
• Supervise end-to-end fund accounting, including NAV calculations, expense accruals, and investor allocations for AIF Cat III strategies.
• Ensure accurate and timely reporting of portfolio valuations and financial statements in line with IFSCA and SEBI AIF norms.
• Coordinate with custodians, fund administrators, and portfolio managers to ensure smooth operational execution.
• Regulatory & Statutory Compliance:
• Oversee onboarding, KYC/AML checks, and ongoing monitoring of investors as per regulatory norms.
• Ensure accuracy and timeliness in investor communications, capital call/distribution notices, and investor reporting.
• Investor Servicing & Reporting:
• Conduct internal compliance audits and risk assessments regularly.
• Ensure compliance checks before investor onboarding, transactions, fund launches, etc.
• Assist in handling regulatory inspections and audits.
• Process Improvement & Controls:
• Build and enhance SOPs for fund accounting, operations, and compliance reporting
• Identify gaps and implement best practices in accounting, reconciliation, and financial controls.
• Audit, Taxation & Coordination:
• Manage external and internal audits, tax filings, and liaison with statutory auditors, tax advisors, and consultants.
• Ensure appropriate tax treatment of fund transactions, investor distributions, and cross-border flows (if any).
  

Qualification And Experience

• Qualified Chartered Accountant (CA) and/or MBA (Finance) from a reputed institute.
• 6-8 years+ of experience in fund accounting, operations, and regulatory reporting for AIFs (preferably Cat III) or PMS/Mutual Funds.
• Strong familiarity with IFSCA regulatory framework and fund setup/compliance in GIFT City is highly desirable.