| Title | Fund Accounting-Analyst/Associate |
|---|---|
| Categories | Fund Accounting |
| Salary | Rs300,000 – Rs600,000 per year |
| Location | Bangalore, Karnataka |
| Job Information | Primarily responsible for all aspects of day-to-day accounting for a number of assigned Hedge Funds and liaising in a professional manner with the designated Hedge Fund Accountant in the relevant location.Identify exceptions and problems affecting accounting records and prices, communicating same to the Fund Accountant, and assisting in their resolution. Ensure completion of accurate Net Asset Value (NAV) of a fund to strict deadlines. This position offers the successful candidate the opportunity to broaden their knowledge of complex hedge fund structures operating in a dynamic, deadline sensitive environment. RESPONSIBILITIES § maintain primary portfolio, accounting and taxation records for a variety of onshore and offshore hedge fund partnerships and corporations, trading in all types of investment securities and products § calculate monthly Net Asset Valuations for the purpose of reporting to investors and processing of investor subscription and withdrawal activity § allocate gains and losses amongst investors and calculate and accrue management and performance fees payable to hedge fund managers § prepare tax lot accounting reports and schedules and assist in preparation of annual financial statements and taxation returns § prepare fund performance reports including annual summaries and weekly return estimates § prepare ad hoc portfolio, performance and fee reports as requested by the Hedge Fund Accountant in the relevant location § daily liaison with the Hedge Fund Accountant in relevant location § maintain primary accounting records for hedge fund management companies SKILLS / EXPERIENCE § CAs/Non CAs § experience with portfolio accounting systems, preferably Advent Geneva Product § detailed understanding of how to account for, value and service all types of investment products including derivatives, swaps, options, futures and forwards § Ideally have some hedge fund industry experience including familiarity with performance fee structures, tax allocation methodologies, hot issue allocations and management company record keeping |
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