Senior Fund Accountant

Oister Global (www.oisterglobal.com) is India’s premier Alternative Assets Manager. We

combine robust diligence, deep domain expertise and an extensive network to create high

quality private market opportunities for our investors.

Oister is looking for a detail-oriented and analytical Fund Accountant to join our team. The

role involves managing the financial operations and accounting activities for investment

funds, ensuring accurate financial reporting, compliance with regulatory standards.

Profile description:

• Lead and oversee NAV management for all Category II AIF schemes, ensuring accuracy, timeliness, and compliance with regulatory standards.
• Drive error-free and timely NAV processing and release, maintaining robust controls and governance across fund operations.
• Manage investor distributions, ensuring precision, transparency, and adherence to fund policies.
• Coordinate seamlessly with Fund Accountants, Brokers, Counterparties and Custodians to ensure integrity of NAV accounting and related processes.
• Supervise capital activity, including accounting of subscriptions and redemptions, in strict compliance with the Private Placement Memorandum and applicable regulations.
• Oversee taxation matters such as TDS and GST payments, periodic return filings, and advance tax provisioning and payments at quarter-end.
• Ensure rigorous reconciliation of bank accounts, holdings, and expenses to maintain financial accuracy and control.
• Liaise with vendors and technology partners to implement upgrades and enhancements in accounting systems, driving efficiency and automation.
• Review and validate redemption computations as per PPM methodology, incorporating necessary adjustments in line with evolving taxation laws.
• Provide strategic inputs for Business MIS reporting, enabling data-driven decision-making for AIF operations.
• Manage comprehensive fee calculations, including setup fees, management fees, custody charges, performance fees, exit loads, brokerage, margins, PCM charges, distributor commissions, and other fund-related expenses.
• Oversee monthly TDS and GST compliance across all AIF schemes, ensuring timely payments and filings.
• Prepare and review investor communications, including Form 64-C, K-1 statements for NRI/US investors, distribution letters, drawdown notices, and other investor-facing documents.
• Ensure accurate tax computation under the Income Tax Act, 1961, incorporating tax impacts into NAV for Cat II AIFs, and review annual income tax returns for VC/PE funds.
• Prepare and present Income Statements and other financial reports to investors, ensuring transparency and alignment with reporting standards.
• Manage and oversee all regulatory submissions, including INVI filings, SEBI reports, tax filings, and other statutory disclosures, ensuring full compliance with applicable laws and timely reporting obligations.

Candidate Description:

• Bachelors/Masters in Finance. Preferably a CA
• 7-10 years of relevant experience, with proven expertise in Category II AIFs
• Demonstrated ability to communicate effectively with stakeholders through clear, concise, and professional verbal and written communication.
• Proven track record of delivering high-quality outputs under tight timelines, with strong organisational and prioritisation skills.
• Analytical mindset with a structured problem-solving approach, capable of
• addressing complex financial and regulatory challenges.
• Deep understanding of investor-centric and business-oriented practices, ensuring alignment of financial operations with stakeholder expectations.
• Prior experience in fund accounting, audit, taxation, and investor reporting within Cat II AIFs will be a significant advantage.

Key stakeholders:

External - Fund Administrators/RTA, Custodians, Bankers, Distributors, Underlying

Fund Account team

Internal - Sales / Fund Manager / Compliance / Legal /and other associate

stakeholders

Job location: Gurugram