Principal Officer

Position Name - Principal Officer

Location - Gift City,Gandhinagar

Experience Range - 5+ yrs

Mandatory Requirement:

• Technical expertise in fund accounting and investor reporting
• Liaise and report effectively with regulatory bodies, ensuring adherence to all compliance and reporting requirements.

Job Roles and Responsibilities:

1.Fund Accounting & Operations Oversight:

• Supervise end-to-end fund accounting, including NAV calculations, expense accruals, and investor allocations for AIF Cat III strategies.

• Ensure accurate and timely reporting of portfolio valuations and financial statements in line with IFSCA and SEBI AIF norms.

• Coordinate with custodians, fund administrators, and portfolio managers to ensure smooth operational execution.

2.Regulatory & Statutory Compliance:

• Oversee onboarding, KYC/AML checks, and ongoing monitoring of investors as per regulatory norms.

• Ensure accuracy and timeliness in investor communications, capital call/distribution notices, and investor reporting.

3.Investor Servicing & Reporting:

• Conduct internal compliance audits and risk assessments regularly.

• Ensure compliance checks before investor onboarding, transactions, fund launches, etc.

• Assist in handling regulatory inspections and audits.

4.Process Improvement & Controls:

• Build and enhance SOPs for fund accounting, operations, and compliance reporting

• Identify gaps and implement best practices in accounting, reconciliation, and financial controls.

5.Audit, Taxation & Coordination:

• Manage external and internal audits, tax filings, and liaison with statutory auditors, tax advisors, and consultants.

• Ensure appropriate tax treatment of fund transactions, investor distributions, and cross-border flows (if any).

Qualification and Experience:

· Qualified Chartered Accountant (CA) and/or MBA (Finance) from a reputed institute.

· 6–8 years+ of experience in fund accounting, operations, and regulatory reporting for AIFs (preferably Cat III) or PMS/Mutual Funds.

· Strong familiarity with IFSCA regulatory framework and fund setup/compliance in GIFT City is highly desirable.