Bachelor's degree in Accounting, Finance, or Business-related field or equivalent experience
5 to 8 years of experience in portfolio partnership accounting or management
Experience as a fund accountant with a focus on Private Equity
Knowledge of rebalancing processes
Understanding complex fund structures involving master and feeder funds
Familiarity with blockers and side letters
Responsibilities
Prepare and review monthly and quarterly NAV packages
Record and review trade information, income and expense activity, and apply valuation in accounting systems
Process and review capital calls and distributions
Allocate fund-level profits and losses, prepare and distribute investor statements
Calculate management fees and carried interest
Conduct fund expense analysis and processing
Review various fund legal documents and interact with stakeholders
Benefits
Opportunities for professional growth and development
Chance to supervise and train junior staff
Collaboration with a diverse range of stakeholders
Engagement with complex financial operations
Work within a supportive team environment
Full Job Description
Job Description
Coforge is hiring for Fund Administrator /Accountant candidate with below required skillset :-
Bachelor's degree in accounting, Finance or a business-related field or equivalent work experience
5 to 8 years of related experience, preferably in portfolio partnership accounting, finance or portfolio managemen.
Fund accountant with Private Equity experience
Understanding how rebalancing works.
Understanding of a complex fund structure that involves a master and feeder fund
Knowledge on blocker and side letter.
Responsibilties:
Prepare and/or Review Monthly/Quarterly NAV packages
Record/Review trade information, income/expense activity and applies valuation of securities in the portfolio accounting system
Prepare/Review Processing of Capital Calls and Distributions
Prepare/Review Allocation of Fund level profits and losses to individual investors for preparation and distribution of investor statements in accordance to Fund Legal Documents
Prepare/Review Calculation of Management Fees and Carried Interest
Review and coordinate fund expense analysis and expense processing
Review of various Fund Legal Documents, including Limited Partnership Agreements, Side Letters, and Private Placement Memorandums
Interaction and coordination with internal and external stakeholders including but not limited to clients, auditors, and other groups within client
Supervise, train, and coach junior level new hires, including but not limited to providing technical and PC knowledge to them
Preferred Skillset
Experience working at a Private Equity Fund Manager, Alternative Investment Manager, Fund Administrator, Custodian Bank and/or other financial institutions with relevant knowledge and experience
Thorough knowledge in accounting reporting and analysis
Ability to identify and resolve/escalate complex problems with minimal guidance
Ability to manage multiple tasks/projects and deadlines simultaneously
Effective interpersonal, verbal and written communication skills
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
