Senior Accountant - Fund Administration

At Armanino, you determine your career path. This means its possible to pursue challenges you are passionate about, in industries you care about.

Armanino (USA) is proud to be among the top 20 Largest Firms in the United States of America and one of the Best Places to Work. Armanino (USA) has more than 2500 employees across the USA and more than 20 offices in different states of the USA. We have a community of resources that are ready and willing to support your ideas, build your skills and expand your professional network. We want you to integrate all aspects of your life with your career. At Armanino, we know you don t check-out of life when you check-in at work. That s why we ve created a unique work environment where your passions, work, and family & friends can overlap. We want to help you achieve growth by giving you access to a network of smart and supportive people, willing to listen to your ideas.

This open position is for Armanino India LLP, which is located in India. Armanino India LLP is a fully owned subsidiary of Armanino (USA).

Responsibilities

• Perform day-to-day accounting for open-ended debt funds and REIT structures, including journal entries, reconciliations, and financial reporting.
• Prepare and review NAVs, capital calls, distributions, and fund-level performance metrics.
• Assist in preparing GAAP-compliant financial statements, including disclosures and consolidations across entities.
• Prepare the loan investment schedule, including the proper recognition of revenue from loan origination, interest income, and fee amortization.
• Review the loan closing statements to accurately apply loan funding and payoff amounts to the loan principal. This ensures proper adjustment of interest income recognition in accordance with accounting standards and supports precise financial reporting.
• Familiar with the full cycle of foreclosed loan accounting, including the treatment of foreclosed loans, establishing loan loss reserves, and applying proper accounting for real estate owned (REO) assets.
• Assist in investor reporting, including capital account statements, waterfall calculations, and performance summaries.
• Support treasury functions such as cash management, funding schedules, and loan rollforward schedule.
• Help maintain accurate records of capital contributions, distributions, and investor allocations.
• Contribute to the setup and onboarding of new funds and entities.
• Ensure fund operations and reporting comply with LPAs, GAAP, and SEC standards.
• Participate in audit processes by preparing schedules, responding to requests, and coordinating with auditors.
• Assist with tax support including data preparation for tax filings and coordination with tax advisors.
• Work closely with fund managers, directors, and client service teams to deliver accurate and timely reporting.
• Support multiple client engagements in a fast-paced, entrepreneurial environment.
• Collaborate with offshore and onshore teams to ensure consistency and quality across deliverables.
• Identify areas for process improvement and contribute to refining internal workflows and workpapers.
• Share knowledge and support training initiatives across the accounting team.
• Maintain high standards of service and contribute to a collaborative, growth-oriented team culture.

Requirements

• Bachelor s degree in Accounting, Finance, or related field.
• Minimum 3-5 years of experience in fund accounting, preferably in asset management or fund administration.
• Experience with open-ended fund structures, debt investments, and REITs.
• Familiarity with investor reporting and multi-tiered fund structures.
• Strong understanding of GAAP and fund-level financial reporting.
• CPA designation preferred but not required.
• Experience with fund accounting systems such as Investran, AppFolio, or QuickBooks.
• Advanced Excel skills (pivot tables, macros, VLOOKUPs, etc.).
• Experience in public accounting or fund administration is a plus.

Compensation and Benefits

• Compensation: Commensurate with Industry standards

• Other Benefits: Provident Fund, Gratuity, Medical Insurance, Group Personal Accident Insurance etc. employment benefits depending on the position

"Armanino is the brand name under which Armanino LLP, Armanino CPA LLP, and Armanino Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with law, regulations, and professional standards. Armanino LLP and Armanino CPA LLP are licensed independent CPA firms that provide attest services, and Armanino Advisory LLC and its subsidiary entities provide tax, advisory, and business consulting services. Armanino Advisory LLC and its subsidiary entities are not licensed CPA firms.

Armanino provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Armanino complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Armanino expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Armanino employees to perform their job duties may result in discipline up to and including discharge.

We have a community of resources that are ready and willing to support your ideas, build your skills and expand your professional network.