We are looking for Private Equity Fund Accountants with 3-12 years of experience with at least 3-5 years of experience in US based Private Equity Clients preferably in Real Estate or AIFs.
Following are the responsibilities
- Maintain full-cycle general ledgers to perform accurate monthly and quarterly Net Asset Value (NAV) calculations.
- Execute intricate waterfall models and carried interest allocations per individual Limited Partner Agreements (LPA).
- Calculate and process accurate fund management fees, tracking fee waivers and offsets across vehicles.
- Issue timely Limited Partner (LP) capital calls, monitor cash receipts, and manage unfunded commitments.
- Manage subsequent fund closings, calculating interest adjustments, equalization payments, and retroactive management fees.
- Compute fund distributions, clearly classifying amounts as recallable or non-recallable to manage reinvestment limits.
- Track changes to callable distribution balances and adjust individual partner capital accounts accordingly.
- Prepare quarterly and annual financial statements for US PE funds under US GAAP.
- Reconcile monthly bank accounts, capital activity, and investment valuations to ensure ledger integrity.
- Support external financial audits by preparing detailed workpapers and resolving auditor inquiries promptly.
- Demonstrate the ability to execute all fund calculations end-to-end manually without relying on automation software support.
Other information:
- The role will be UK Shift i.e. 11.30 AM to 9.30 PM.
- Designation will be as per the experience and team management skills.
- Interviews will in person at Bangalore Office.
