Senior Fund Accountant

Fundtec · India

Job Summary - We are seeking an experienced Senior Associate – Fund Accounting to handle end-to-end accounting for Hedge Funds and Private Equity. The ideal candidate will have hands-on experience in LP–GP accounting, capital activities, investor reporting, and hedge fund NAV processes, with a strong understanding of alternative investment structures.

Key Responsibilities:

• Perform end-to-end Private Equity and Hedge Fund accounting, including bookkeeping, reconciliations, and NAV calculations.
• Prepare and review Capital Call notices, distributions, redemptions, and investor statements.· Maintain and reconcile PCAP (Partners’ Capital Accounts) for LPs and GPs (PE funds).
• Handle LP–GP accounting, including allocations, profit sharing, expense allocations, and management fee calculations.
• Support and execute waterfall calculations as per fund agreements
• Manage hedge fund NAV-related activities, including cash & position reconciliation, P&L calculation, and expense accruals.

Assist with monthly, quarterly, and annual financial statements in compliance with applicable accounting standards.

• Assist with monthly, quarterly, and annual financial statements in compliance with applicable accounting standards.
• Coordinate with internal teams, auditors, fund administrators, and clients for smooth delivery and reporting.

Required Skills & Qualifications:

• 5+ years of experience in Private Equity and/or Hedge Fund Accounting.
• Strong understanding of PE fund structures, LP–GP accounting, and hedge fund operations.
• Hands-on experience with: Capital Call notices, Redemptions, PCAP (Partner's Capital Account), Waterfall Calculations, Hedge fund NAV, reconciliations, and investor reporting
• Strong communication and stakeholder management skills.