Senior Associate

Role Purpose

Location (Pune and Bangalore

)
The Senior Fund Accountant serves as a Senior Fund Accountant (SFA) in private equity fund accounting, leveraging deep product knowledge and technical expertise to ensure accurate and timely financial reporting. This role focuses on reviewing complex transactions, mentoring junior team members, and acting as a key resource for operational queries and process improvement

s.Core Responsibiliti

esSubject Matter Expertise & Product Knowled

• geAct as an SME for fund structures, investor economics, waterfalls, and carried interest calculation
• s.Provide guidance on complex accounting treatments (equalizations, FX remeasurement, side letter economics
• ).Support AVP/VP in interpretation of fund governing documents and application of accounting policie

s.Review & Quality Assuran

• ceReview journal entries, reconciliations, and financial statements prepared by analyst
• s.Validate capital activity (calls, distributions, true-ups) and ensure compliance with fund term
• s.Perform variance analysis and resolve discrepancies before reporting deadline
• s.Ensure audit readiness by maintaining proper documentation and control adherenc

e.Accounting & Reporti

• ngPrepare and review quarterly and annual financial statements under US GAAP/IFR
• S.Assist in valuation processes and ensure accurate application of fair value principle
• s.Support regulatory reporting (Form PF, Annex IV) and investor tax pack preparatio

n.Process Improvement & Automati

• onIdentify opportunities to streamline workflows and reduce manual touchpoint
• s.Collaborate on system enhancements (Investran, eFront, Allvue) and automation initiative

s.Mentorship & Knowledge Shari

• ngCoach junior accountants on technical accounting concepts and system usag
• e.Conduct training sessions on fund structures, waterfall mechanics, and reporting standard

s.Key Performance Indicators (KPI

• s)Accuracy: Zero material errors in reviewed deliverable
• s.Timeliness: On-time completion of reviews and reporting cycle
• s.SME Impact: Resolution of complex queries and successful knowledge transfe
• r.Process Efficiency: Reduction in review turnaround time and manual adjustment

s.Qualifications & Experien

• ceBachelor's/master's in accounting/finance; CPA/ACA preferre
• d.5+ years in private equity fund accounting or alternative
• s.Strong knowledge of US GAAP/IFRS, ASC 946/820, waterfall mechanics, and investor economic
• s.Proficiency in PE accounting platforms (Investran, eFront, Allvue) and Exce
• l.Excellent analytical and problem-solving skill

s.Competenci

• esTechnical Depth: Advanced accounting knowledge and ability to interpret complex fund term
• s.Attention to Detail: High accuracy in reviews and reconciliation
• s.Communication: Ability to explain technical concepts clearly to non-technical stakeholder
• s.Ownership: Takes initiative in resolving issues and improving processe