Team Lead

Role: Fund Accountant - Team Lead

Location: Vikhroli, Mumbai

Position Responsibilities:

The role will involve the following critical activities:

• Supervise preparation and review of fund financial statements, loan schedules, NAVs, and investor capital account summaries.
• Review journal entries, loan-level accruals, amortization schedules, and general ledger maintenance.
• Ensure compliance with GAAP/IFRS and Private Creditspecific accounting policies.
• Oversee calculation of management fees, performance fees, carried interest, and fund operating expenses.
• Review monthly/quarterly valuation of loans, including interest PIK accruals, OID amortization, prepayment calculations, and impairment assessments.
• Oversee daily/periodic loan servicing activities such as interest accruals, cash movements, repayments, drawdowns, and roll-forwards.
• Review credit facility accounting (revolvers, term loans, subscription lines, and leverage facilities).
• Monitor covenant compliance tracking and SOFR/LIBOR updates for floating-rate loans.
• Ensure accurate setup and maintenance of loan investment data, pricing, and valuation inputs.
• Lead preparation and review of investor statements, capital account allocations, and performance reporting.
• Oversee capital calls, distributions, equalizations, and allocation of income, fees, and expenses.
• Maintain and review investor capital accounts, waterfall models, and performance calculations.
• Liaise with investor relations teams and respond to investor queries.
• Manage, guide, and mentor a team of analysts and senior associates.
• Delegate tasks effectively, set priorities, and track delivery against KPIs.
• Conduct training and development sessions to enhance team capabilities.
• Drive process automation, standardization, and efficiency improvements.
• Ensure strong internal controls and issue remediation plans.
• Coordinate with auditors, fund administrators, and internal control teams during audits.
• Ensure all documentation, checklists, and reconciliations meet compliance requirements.
• Identify and mitigate operational risks proactively.

Looking for:

Must Have

• Qualified Accountant or equivalent.
• CA with 4+ years experience in Fund Accounting OR MBA (Finance) with 6+ years’ experience.
• Strong understanding of fund accounting principles including NAV calculation, income accruals, loan valuation, amortization (OID/Premium/Discount), and pricing.
• Experience in Private Credit / Direct Lending / Loan Accounting (Term Loans, Mezzanine, Senior Secured Loans, Revolvers).
• Ability to compute and review interest accruals, PIK interest, commitment fees, prepayment penalties, and amortization schedules.
• Experience with accounting tools, general ledger systems, loan servicing platforms.
• Strong interpersonal, verbal, and written communication skills.
• Strong MS Office skills.
• Ability to work under pressure and meet deadlines.

If interested then kindly share your updated CV to kajal.p@genxhire.in or 77188 96527.