Fund Accountant at CSC

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

12 Jul, 26

Salary

0.0

Posted On

13 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund accounting, Private equity, NAV calculation, Capital activities, Waterfall methods, Management fees, Financial reporting, Investor reporting, ILPA reporting, Bank debt accounting, Problem-solving, Communication, GWI, N Tier, Financial analysis, Data reconciliation

Industry

Information Technology & Services

Description

Private Equity Accounting Location: Mumbai Department: Fund Accounting Vacancy Type: Permanent Job Shift: UK/US The position: Fund Accounting team is responsible to Coordinate in Fund setup – i.e. N Tier or GWI including setup of Classes, Special allocation groups, multiple legal entities, defining all the linkages and hierarchies across multiple Masters and Feeders, defining Catch-up and Carry terms and classes (after deciding that Carry should be calculated at what level). Performing system fund allocations in GWI moth on month and verifying the correctness of all attributes. Your Responsibilities: * Knowledge of private equity/ debt fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure. * Knowledge on the role of Investors’ classes, GP class, carry class, Affiliated / Non-affiliated classes. * Recording investor’s commitments and knowledge on accounting of initial/subsequent/late closings. * Processing capital activities, i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules. Processing and understanding the role of Master-feeder capital transactions. * Responsible for booking trading and non-trading transactions and finalizing books of accounts. * Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European & American waterfall methods. * Computation of management fees in various periods, preferred returns and carried interest computations. * Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple. * Handling Investor reporting, Fund level reporting and ILPA reporting (optional) * Interacting with clients on various accounting/operational issues * Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments. Your Profile: * Preferred Bachelors/Master’s in Commerce, Finance & Accounting disciplines. * Experience in working across country lines and operating in a global, multinational organization, ideally in a matrix structure. * Demonstrable accomplishments relating to organizational change activities in a fast-paced environment. * Willing to work in global shifts. * Excellent verbal and written communication in English & Strong problem-solving skills. CSC is a global business, legal, and financial services company based in Wilmington, Delaware, USA, providing knowledge-based solutions to clients worldwide. We have offices and capabilities in over 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, and more than 8,000 colleagues. We are the business behind business.® Visit our careers site to learn more about CSC and our commitment to our clients, communities, and each other. CSC is committed to creating a feeling of belonging through a diverse and growth-oriented environment where everyone is valued. CSC colleagues have global career opportunities and excellent benefits, including annual success-sharing bonuses or commission plans based on individual performance. To learn more, visit cscglobal.com/service/careers. We offer a range of support to colleagues with disabilities, ensuring people have the necessary resources to thrive in their roles. We encourage candidates to work closely with our talent acquisition partners to convey their specific needs. Our commitment to accessibility reflects our broader dedication to diversity and belonging, CSC only accepts resumes from employment agencies that are part of our approved supplier program. Resumes submitted from other agencies either to talent acquisition, our hiring leaders, employees, or through any other mechanism other than our supplier process, will not be eligible to claim related fees and the submitted resumes will be considered property of CSC. We encourage candidates to apply directly to our website and not through third-party sources. Disclaimer: The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications. At CSC®, we’re always looking ahead, finding ways to innovate, challenge the status quo, and anticipate the needs of our clients. We exceed expectations by adapting client ambitions and goals as our own. This Fierce Client Spirit has helped us adapt and create solutions that have enabled businesses to run smoother and smarter for more than 125 years. It’s also the reason we’re the trusted partner of many of the world’s most successful organizations. CSC is committed to attracting, developing, and retaining talented people whose values align with ours. We empower our colleagues to bring the right solutions to market to meet client demand. That’s why we are the leading provider of business administration and compliance solutions. * CSC is a great place to work with smart and dedicated people. * We have won several employer recognition awards, including Top Workplace USA, Great Places to Work India, and Built In’s Best Places to Work. * We offer fulfilling work and career opportunities. Most positions are filled with internal moves and employee referrals. * Employees are eligible for Success Sharing, bonuses, or commission plans based on role and individual performance. * CSC offers a competitive and comprehensive benefits package that includes annual leave, tuition reimbursement, referral bonuses, and more. * As business needs allow, CSC offers hybrid or remote work schedules in alignment with local regulations. Specific details for this position will be discussed during the interview process.

Responsibilities

The Fund Accountant is responsible for coordinating fund setups, managing capital activities, and preparing NAV workbooks and economic allocations. They will also handle investor reporting and interact with clients regarding various accounting and operational issues.