C
Hiring companyCSC
Verified today
Senior Associate/Senior Fund Accountant
Mumbai, Maharashtra, India Hybrid
About the role
CSC’s Fund Services team in Mumbai, India provides specialized accounting for global hedge fund, private equity, and debt fund clients. As a Senior Associate/Senior Fund Accountant, you will manage complex fund structures, record investor commitments and capital activities, book trading and non-trading transactions, prepare monthly/quarterly NAV workbooks, compute management fees and carried interest, and handle investor and ILPA reporting. The role operates on a UK shift in a hybrid work model.
What you’ll do
- Apply knowledge of private equity/debt fund structures, designs, hierarchies, SPVs, standalone funds, and master-feeder funds and the role of each entity
- Record investor commitments and account for initial, subsequent, and late closings
- Process capital activities including subscription, redemption, transfers, and switches; prepare call and distribution notices, wire details, and related schedules
- Process and understand master-feeder capital transactions
- Book trading and non-trading transactions and finalize books of accounts
- Prepare monthly/quarterly NAV workbooks and economic allocations, applying P&L rebalancing and European/American waterfall methods
- Compute management fees across periods, preferred returns, and carried interest; calculate IRR, time-weighted return, and investment multiple
- Handle investor reporting, fund-level reporting, and ILPA reporting; interact with clients on accounting/operational issues
What you’ll bring
- 6–10 years experience in Financial Services / Capital Markets Industry with at least 4+ years in Private Equity Accounting
- Knowledge of private equity/debt fund structures, designs, hierarchies, special purpose vehicles, standalone funds, and master-feeder funds
- Understanding of investor classes, GP class, carry class, and affiliated/non-affiliated classes
- Recording investor commitments and accounting for initial, subsequent, and late closings
- Processing capital activities (subscription, redemption, transfers, switches) and preparing call/distribution notices and wire schedules
- Booking trading and non-trading transactions and finalizing books of accounts
- Preparing monthly/quarterly NAV workbooks, economic allocations, P&L rebalancing, and European/American waterfall methods
- Computing management fees, preferred returns, and carried interest, and handling investor, fund-level, and ILPA reporting
Nice to have
- Preferred CA/CPA/CFA/CMA, Master’s in Finance & Accounting or Graduate
- Experience working across country lines in a global, multinational organization, ideally in a matrix structure
- Demonstrable accomplishments in organizational change activities in a fast-paced environment
- Willingness to work in global shifts
- Excellent verbal and written communication in English and strong problem-solving skills
Skills
Private equity fund structuresDebt fund accountingNAV workbook preparationManagement fee computationCarried interest calculationInvestor reportingCapital activity processingBank debt operations
Benefits
- Annual success-sharing bonuses or commission plans based on individual performance
- Tuition reimbursement
- Referral bonuses
- Competitive and comprehensive benefits package including annual leave
Education
Preferred CA/CPA/CFA/CMA, Master's in finance & Accounting or Graduates