Fund Accounting Associate,Noida, Uttar Pradesh, India

About the Team – IVP

Accounting Services

Indus Valley Partners (IVP) is a leading design & technology solutions and services provider to Alternative Asset Managers around the world.

Fund accounting team is currently looking for hedge fund accounting specialists to join our expanding team to support fund operations in Noida.

The team is responsible for providing accounting and operational services to its clients, managing their internal books and records, and preparing data for reporting and NAV determination.

Key Responsibilities

Core Activities
• Perform accounting and operations work for hedge fund, credit and private equity clients
• Perform daily reconciliation of accounts between Geneva and Custodian/Prime Broker
• Prepare monthly financial reporting package for Hedge Funds, including the determination of "Net Asset Value" and prepare the Statement of Asset and Liabilities and Profit and Loss Statement
• Ensure Fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards (Calculation of Incentive Fee and Management Fee)
• Accurate and timely processing of all capital activities including subscriptions, redemptions, transfers, rollups, capital commitments and calls
• Cash Management - managing the daily cash flow of trades and monitoring fund cash-flows
• Communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages
• Assistance with New Client Onboarding and Implementations
• Provide functional support on client configurations and data loads
• Coordination with Internal/Cross Product Development Team for new features/changes
• Sanity testing & Replication of Clients Data

Support Activities
• Coordination with support/dev engineers on issues resolution
• Updating tickets on client queries/issues on ticketing platform for billing purposes and tracking escalations
• Communication with clients on emails/zoom/phone

Behavioral Competencies
• Good Analytical skills and a quick learner
• Excellent Communication skills (Oral and Written both)
• Ability to quickly understand and catch up on details with minimal information
• Should have basic understanding of the domain under consideration, main players, current market scenarios etc.

Skills required
• University degree or equivalent that required 2+ years of formal studies of Finance/Accounting principles
• Well versed with all financial instruments
• Complete procedural knowledge of fund accounting is a must

Trade Booking, Cash reporting, Exception analyzing, reconciliation of assets and cash, Post pricing issues etc
• Advanced – MS Excel
• Intermediate - MS PowerPoint and Word

Work-ex

Minimum 1-2 years of experiences working in fund accounting team (similar roles)

Mandatory qualifications

B

Com or BBA

(M.Com or MBA - post grads preferred )

Stakeholders this role primarily needs to interact with (internal and external)

Internal – Technical Team, Cross Product Teams