Fund Accountant

Key Responsibilities:

Fund & Investor Accounting

• Knowledge of private equity/debt fund structures, SPVs, standalone funds, master-feeder funds, and the role of each entity.
• Understanding of investor classes including GP, carry, affiliated, and non-affiliated classes.
• Record investor commitments and account for initial, subsequent, and late closings.
• Process capital activities including subscriptions, redemptions, transfers, and switches.
• Prepare call and distribution notices, wire details, and related schedules.
• Manage Master-feeder capital transactions.

Transaction & NAV Management

• Book trading and non-trading transactions and finalize books of accounts.
• Prepare monthly/quarterly NAV workbooks and economic allocations.
• Perform P&L rebalancing using European and American waterfall methods.
• Compute management fees, preferred returns, and carried interest.
• Calculate key ratios including Internal Rate of Return (IRR), Time-Weighted Return, and Investment Multiple.

Reporting & Client Interaction

• Handle investor reporting, fund-level reporting, and ILPA reporting (optional).
• Interact with clients on accounting and operational issues.
• Manage operations and accounting for bank debts, TRS, MBS, and CLO instruments.