7.0 - 11.0 years

0 Lacs

hyderabad, telangana

On-site

We have an immediate job opportunity for you as an AM/Manager/Senior Manager in Funds Accounting focusing on Open-end or Closed-end Fund Accounting with Bank Debt experience mandatory. The shift timings for this role are from 2:00 PM IST to 11:00 PM IST. The job is based in Hyderabad. We are seeking a mid-level fund accounting professional to join our Funds Accounting team, specifically with experience in Open-end or Closed-end Fund Accounting with Bank Debt operations. In this role, you will collaborate with internal teams and client-side stakeholders, including Fund Administrators, Relationship Managers, and Operations teams in the U.S. This position provides the opportunity to work on intricate fund structures and gain practical experience in Bank Debt operations. The ideal candidate should possess at least 7 years of relevant experience in Funds Accounting related to Open-end or Closed-end Fund Accounting with mandatory Bank Debt experience in the financial services industry. A strong understanding of credit fund structures like Master-Feeder, SPVs, and Blockers is crucial for this role. Key Responsibilities: - Support day-to-day fund accounting operations for Open-end or Closed-end Fund Accounting with Bank Debt experience mandatory. - Assist in managing P&L allocations across complex fund structures such as Master-Feeder, SPVs, and Blockers. - Perform or support calculations related to waterfalls, capital calls, and distributions. - Ensure compliance with operational procedures, checklists, and client-specific SLAs. - Prepare NAV packages and assist in monthly/quarterly financial reporting. - Support cash reconciliation, expense processing, and tracking of loan activities (Term Loans, Revolvers, Unitranche, CLOs, etc.). - Assist with audit support, compliance reporting, and investor reporting deliverables. - Utilize fund accounting platforms like Investran, Geneva, or Efront. - Collaborate with team members to enhance process efficiency and contribute to SOP documentation. - Participate in system/process improvement initiatives and ongoing project work. Qualifications & Experience: - Bachelor's degree in Accounting, Finance, Business, or Economics (or equivalent). - Over 10 years of fund accounting experience, with a minimum of 7 years specializing in Funds Accounting focused on Open-end or Closed-end Fund Accounting with mandatory Bank Debt experience. - Experience with Term Loans, Revolvers, Unitranche, Bridge Loans, DDTL, and CLOs. - Understanding of Amortization of OID, Premium, Discount, Loan Lifecycle, Letter of Credit, Covenant Tracking, and Loan Settlements. - Knowledge of capital calls, distributions, management fees, and PCAP allocations. - Familiarity with performance metrics like IRR (Gross/Net), waterfall calculations, hurdle rate, catch-up, and carry. - Hands-on experience with financial statements and trial balances. - Preferred experience using Investran or similar fund accounting platforms. - Strong attention to detail, ability to work with multi-entity and multi-currency structures. - Good communication and collaboration skills.,

Posted 3 days ago

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