Fund Accountant
Title: Senior Associate
Location: Bangalore/ Mumbai
Work Shift: UK Shift
Working Model: Hybrid
Introduction:
We are seeking an experienced Fund Accounting professional to join our team. The ideal candidate will bring strong technical expertise, solid industry experience, and the ability to manage end-to-end accounting processes independently. This role requires excellent organizational skills, attention to detail, and the ability to thrive in a fast-paced environment while managing multiple priorities
Roles & Responsibilities:
Fund Accounting & Financial Operations
Prepare accounting entries and maintain accurate books and records for Luxembourg real estate fund structures (e.g., RAIF, SIF, SICAV/SICAF, SCSp).
Prepare NAV calculations, capital accounts, management fees, and other recurring fund-level workings.
Record real estate-related transactions such as acquisitions, disposals, rental income, development costs, financing, and SPV activities.
Ensure all accounting work complies with Lux GAAP and/or IFRS as applicable.
Support month-end, quarter-end, and year-end closing processes and reconciliations.
Investor Services & Capital Activity
Prepare performance fee and carried interest calculations (including waterfall/hurdle mechanics) under guidance from senior team members.
Assist in preparing investor distribution calculations and assist in processing payments in line with fund documentation.
Assist in preparing PCAPs (Payment & Capital Account Statements), investor notices, and related communication templates.
Assist with the preparation of capital call notices, subscription/redemption workings, and investor transfers.
Maintain accurate investor allocation data and support updates to investor registers.
Cross Department & Stakeholder Coordination
Work closely with AML/KYC, Transfer Agency, Legal, Fund Administration, and Operations teams to gather required documents and ensure smooth execution of investor and fund transactions.
Support coordination with external stakeholders (fund administrators, depositaries, auditors, valuers, and tax advisors) by providing requested data and schedules.
Assist with onboarding activities for new funds and new investors, including preparation of operational documentation.
Reporting & Compliance
Prepare investor reporting packages, capital account statements, and respond to routine investor data requests.
Assist in the preparation of annual financial statements and provide required support for yearly audits.
Ensure accurate maintenance of data required for AIFMD, CSSF, and other regulatory reporting activities.
Support timely delivery of internal and external reporting deadlines.
Process Improvement & Team Support
Contribute to improving processes, templates, and documentation to enhance efficiency and accuracy.
Support implementation of system enhancements, automation initiatives, and data quality improvements.
Collaborate with colleagues to ensure consistent application of accounting and investor servicing standards.
Audit Assistance & Financial Close
Act as a key coordinator for the annual audit process, ensuring audits are completed accurately and within agreed timelines.
Prepare and review audit deliverables, including financial statements, supporting schedules, and audit evidence.
Liaise with external auditors, administrators, valuers, and internal stakeholders to resolve audit queries efficiently.
Monitor audit timelines, track open points, and ensure timely closure of audit issues.
Support implementation of audit recommendations and improvements to controls.
Qualifications & Skills:
Having 2+ years of experience in Fund Accounting, specially across Real Estate funds.
- Strong technical and analytical skills; proficiency in accounting systems and Excel.
- CA qualification or equivalent professional certification is a strong advantage.
- Ability to work independently, manage deadlines, and handle multiple tasks simultaneously.
- A collaborative team player with strong interpersonal skills