Who We Are Looking For

You are required to maintain the client books and post journal entries, preparation and presentation of financial statements. Books require to maintain at asset, investment and portfolio level.

Why This Role Is Important To Us

The team you will be joining need to handle Investment ledger , Portfolio Ledger and Cash position. This role is very important to Calculate monthly NAV & Quarterly NAV.

What You Will Be Responsible For

Basic knowledge required on the below items:
Practical knowledge on journal entries and posting of journals
Preparation and review of profit and loss account, Balance Sheet and Cash flow statement
Preparation and review Cash book and reconcile the cash with bank on a daily basis
Knowledge on revenue recognition and accrual concept
Coordinate processing of payments and other transactions and it's review
Review and update the detailed schedule of fixed assets and accumulated depreciation.
Track property review accounting like, Net Assets, Operating income, Depreciation check and Rent calculation
Preparation and review of Deferred Revenue Cost schedule and accounting
Preparation and review of schedule of Equity capital, subscription and redemption
Responsible for maintaining books and records and calculation of fund Net Asset Values
Preparation and review of Distributions
Identifying the GAAP to NAV differences and provide explanation
Preparation of variance analysis and provide comments
Debt Valuation schedule preparation
Accounting of Re-valuation of assets and preparation of schedule
Maintenance of various entities books of accounts both Book side and Market side
Assist in audit queries
Preparation and review of Non-controlling interest schedule
Preparation and review of venture capital books and profit distribution
Any other functions required as part of the business of the Company

What We Value

These skills will help you succeed in this role

Ability to engage with senior staff across multiple locations
Evidence of strong communication & influencing skills
Strong presentation skills including experience in face to face presentations to senior management
Proven ability to work towards tight deadlines
Problem solving ability
Excellent interpersonal, organizational and administrative skills
Good Microsoft Excel and Word skills
Very good language skills in English
Ability to work independently and collaboratively

Education & Preferred Qualifications

Graduate / Master's Degree in Accounting, Finance, any other professional accounting qualification (ie. CA, CWA, CA inter, CWA inter or equivalent)
Minimum of 4– 8 years experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
Knowledge of IFRS and / or USGAAP
Experienced in preparing general ledger and financial statements.

Secondary Skills (Good To Have)

Good communication skills and proficiency in English (both verbal and written).
Knowledge in Microsoft Applications (Excel, Word, Powerpoint etc).
Working knowledge of Investran/Oracle will be an added advantage
Private equity/real estate fund experience. Exposure to complex fund structure, waterfall computation, preferred return.
Expect to have training skills to new joiners

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job ID: R-789525

Real Asset Fund Accounting and Administration - Senior Associate