Assistant Manager, Fund Accounting at IQ-EQ

Hyderabad, Telangana, India -

Full Time

Start Date

Immediate

Expiry Date

26 May, 26

Salary

0.0

Posted On

25 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Finance, Cpa, Trade Reconciliations, Position Reconciliations, Cash Reconciliations, Market Value Reconciliations, Accrual Reconciliations, Performance Estimates, Nav Packages, Corporate Actions, Client Support, Training, Excel, Enfusion, Geneva

Industry

Financial Services

Description

Company Description ABOUT IQ-EQ We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top 15 private equity firms. Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. We’re driven by our Group purpose, to power people and possibilities. Job Description Job Summary: The primary technical expert responsible for ensuring excellence in complex fund accounting services through expertise and final review authority. This role serves as the ultimate subject matter expert for the team on complex accounting matters, leading technical decisions and process innovations while providing authoritative guidance on sophisticated client portfolios and advanced accounting modules. Core Responsibilities: Preparing daily position and trade reconciliations between multiple clients’ books and records and their Prime Brokers’ Working with multiple clients and prime brokers on trade break resolutions Preparing monthly tri-party position, cash, market value and accrual reconciliations Preparing monthly performance estimates for multiple COO clients Prepare monthly Administrator NAV Packages and make updates to the portfolio accounting system if necessary Build and maintain fund accrual schedules Processing Corporate Actions for securities held in client portfolios, including cash and stock dividends, stock splits, and mergers and acquisitions Providing support for the conversion of new clients (middle office), including providing training to clients on technology and processes Assist in the development and training of new team members as required Complete ad-hoc client requests according to internal client service timelines Qualifications Educational Background: Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred Qualifications: Qualified: 4-6 years PE/FA Experience; 6+ years Financial Industry Experience Partly-Qualified: 6-8 years, PE/FA Experience; 6-8 years Financial Industry Experience Skills and Key Behaviours: In addition to upholding our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following: General knowledge of and familiarity with financial instruments (i.e. equities, fixed income, options, swaps, futures, foreign exchange) within both domestic and global securities markets Must have attention to detail and ability to multi-task Strong written and verbal communication skills, including client relationship management Strong working knowledge of hedge funds and/or mutual funds Hard-working, dedicated, punctual and personable Strong research and writing skills Strong accounting and analytical skills Strong computer skills: Advanced Excel, Portfolio Accounting Systems (Enfusion, Geneva, etc) Additional Information OUR COMMITMENT TO YOU AND THE ENVIRONMENT As a forward-looking business, sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining meaningful, long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment. There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee. Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,500+ employees - from 94 nationalities, speaking 41 languages across 25 countries - to each achieve their potential. Through IQ-EQ Launchpad we support female managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced. We’re committed to growing long-term relationships with our clients and supporting them in achieving their objectives. We understand that our clients' sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning. Department: Client Services Type of Hire: Permanent

Responsibilities

The role serves as the primary technical expert, ensuring excellence in complex fund accounting services through expertise and final review authority for the team on sophisticated client portfolios. Core duties involve preparing and reconciling daily/monthly positions, cash, and accruals, processing corporate actions, and preparing Administrator NAV Packages.