Job Description
The Fund Accountant will be responsible for maintaining and managing the books of
accounts for the fund.
This role includes day-to-day accounting entries, NAV computation,
financial reporting, compliance with fund documents, tax computation, and client
interactions. The ideal candidate will have a strong background in accounting, experience
with auditing or accounting firms, and proficiency in accounting software.
The ideal candidate for the Team Lead role will have 3-5 years of experience, preferably in
the BFSI sector.
Roles & Responsibilities:
Maintain Books of Accounts & Financial Statements Preparation:
Oversee the accurate recording of financial transactions and ensure completeness
of entries for Contributions, Expenses, Income, Investments, and Divestments.
Prepare monthly financial statements, including Trial Balance, Balance Sheet, Profit &
Loss statement, and Cash Flow statement.
Make day-to-day entries for Contributions, Expenses, Income, Investments, and
Divestments & manage Accrued Income and Accrued Expenses.
NAV, Tax & XIRR Computation:
Compute Net Asset Value (NAV) on a class-wise and investor-wise basis as per
business rules.
Perform tax computations including Tax Deducted at Source (TDS), Advance Tax,
Withholding Tax, Service Tax, and Income Tax.
Compute the Extended Internal Rate of Return (XIRR) for investment performance
evaluation.
sSalary : 5LPA
Compliance: Ensure all accounting practices align with fund documents such as Private
Placement Memorandum (PPM), Contribution Agreements, and regulatory guidelines.
TDS & Distribution Management: Compute TDS and handle TDS return filing and calculate
and allocate distributions as per fund policies.
Client Interaction: Interact with clients to address inquiries and provide financial information.
Education and Experience:
Commerce/Finance graduate with at least 3 years of relevant experience or CA Inter (Fresher/Internship experience acceptable)
Experience in an auditing or accounting firm, specifically in finalizing accounts.
Hands-on knowledge of IGAAP.
Regards
Monika Kananathan
6381882603
[Confidential Information]
