Job Description
#KGS
To work on Private Equity / Hedge Fund Operations such as Fund / Financial Accounting Book-keeping, Journal Posting, Preparation of Financial Statements and financial reporting.
Handling areas such as Management Fee, Carried Interest and other fund related expense for calculation & posting,
Capital Calls- Preparation of Capital Call memos,
Follow up with LPs for funding Distribution - Preparation of distribution waterfall calculation, LP Memo Preparation,
Reconciliation - Cash reconciliation, cash tracking, posting entries, cash reporting and tracking of Capital transactions.
Valuation - Valuation of Portfolio Investments
Financial Statements preparation of Private Equity / Hedge Fund Operations
Reasonable understanding of Private Equity / Hedge Funds processes such as Accounting, Investor Reporting, Capital Calls, Distribution, Financial Statements etc.
To strive to create a healthy and professional work environment in the team.
Display interpersonal skills in handling the day-to-day operations on the floor.
Responsibilities
To work on Private Equity / Hedge Fund Operations such as Fund / Financial Accounting Book-keeping, Journal Posting, Preparation of Financial Statements and financial reporting.
Handling areas such as Management Fee, Carried Interest and other fund related expense for calculation & posting,
Capital Calls- Preparation of Capital Call memos,
Follow up with LPs for funding Distribution - Preparation of distribution waterfall calculation, LP Memo Preparation,
Reconciliation - Cash reconciliation, cash tracking, posting entries, cash reporting and tracking of Capital transactions.
Valuation - Valuation of Portfolio Investments
Financial Statements preparation of Private Equity / Hedge Fund Operations
Reasonable understanding of Private Equity / Hedge Funds processes such as Accounting, Investor Reporting, Capital Calls, Distribution, Financial Statements etc.
To strive to create a healthy and professional work environment in the team.
Display interpersonal skills in handling the day-to-day operations on the floor.
Qualifications
- Qualifications: CA/MBA Finance
- Experience: 1+years of relevant experience in Private equity/ Hedge funds operations.
- Experience in the Private Equity / Hedge Fund accounting and Financial reporting and financial statement preparation.
- Experience in dealing in areas such as management fee, carried interest, partners contribution and distribution calculations.
- Financial Statements preparation of Private Equity / Hedge Fund Operations, must have knowledge of ASC 946, fair value accounting, Financial reporting and SEC reporting
- Product Experience: OTCs, derivatives, TBAs, equity, FI, swaps, loan product experience,
- Experience around NAV calculation, preparation of various reconciliations pertaining to areas such as repayment of LCs and cash and bank.
- Cash Tracking, cash reporting, posting accounting entries.
- Tracking of Capital transactions
- Knowledge of valuation of Portfolio Investments
- Experience of accounting applications such as Investran, InvestAI, Altryx, Workiva and other SAP tolls is preferred.
