Verified Job
Accounting - Finance
Manager Fund Accounting
Accounting - Finance
#452960
Remote / WFH
Job Description
It’s never been a more exciting time to join Vistra.
At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.
But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.
We have an exciting opportunity for you to join our team as Client Service Delivery Operations – Fund Administration, reporting to the Operations Director, this full-time and permanent position is based in Mumbai-Andheri, India and offers regional coverage, allowing you to make a significant impact to our Fund Administration and its’ growth.
Key responsibilities:
• Experience required in Fund Administration (Accounting and Investor Service) operations for SEBI AIF Category I, II and III.
• Knowledge of investment operations encompassing fund accounting, transfer agency, AIF reporting and compliance requirements including direct and indirect tax
• Fund Accounting: set ups, NAV computation and client reporting like capital calls, distribution working, ensuring, equalisation premium and carry calculation adherence to laid down internal and statutory guidelines and service standards agreed with the clients
• Fund Administration: broad knowledge of KYC , FATCA , AML, review of application form
• Knowledge of SEBI/IFSC laws & regulations governing the Funds AIF industry.
• Handling the financial reporting requirement for a portfolio of alternative investment fund structures, ensuring the efficient delivery of high quality financial reports
• Scheme Fund Accounting (including NAV at set frequency) and maintaining books of Accounts for a scheme, including passing all related accounting entries after checking their correctness and impact on NAV. IndAs, IFRS knowledge is added advantage
• MIS & SEBI reporting on Adhoc, Bi Monthly, Quarterly, Monthly/Half yearly & annual report
• Coordinating with external auditors (Big 4) for audit for Half Yearly and Annual accounts
• Main point of contact on a day-to-day basis for operational matters and critical issues that need to be addressed before work get disseminated to the other team members.
• Reviewing financial statements, management accounts and accounting packages
• Reading/understanding Fund documents like Subscription documents, partnership agreements, and shareholder agreements for existing/new fund and explaining the key terms to team members.
• Reviewing capital call and distribution notices
• Preparing/Reviewing waterfall distributions, carried interest calculations and equalization workings
• Reviewing investor requests and any ad hoc requests from client.
Key requirements:
• Strong team-player with experience with working in a dynamic organisation.
• Leading a team of 10 to 20 people doing Fund Accounting and Investor Reporting.
• Strong communication and influencing skills; collaborative and a team player
• Hands on exposure on any fund accounting software (Investran, Wealth Spectrum, KAPITAL, Paxus, etc)
• Excellent presentation and communication skills, both in written and oral English.
• Highly organized, attention to detail, excellent follow through skills and ability to work independently.
• Analytical approach and effective oral and written communication skills
• Effective client-handling skills
• Strong prioritizing ability and organizational skills
• Analytical, meticulous, and systematic in approach to work
• Experience in Client Management
Company Benefits:
At our Vistra India office, we believe in putting our employees’ well-being first! We offer a hybrid working arrangement.
Additionally, we provide attractive insurance benefits, excellent job exposure and career prospects.
If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!
At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.
But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.
We have an exciting opportunity for you to join our team as Client Service Delivery Operations – Fund Administration, reporting to the Operations Director, this full-time and permanent position is based in Mumbai-Andheri, India and offers regional coverage, allowing you to make a significant impact to our Fund Administration and its’ growth.
Key responsibilities:
• Experience required in Fund Administration (Accounting and Investor Service) operations for SEBI AIF Category I, II and III.
• Knowledge of investment operations encompassing fund accounting, transfer agency, AIF reporting and compliance requirements including direct and indirect tax
• Fund Accounting: set ups, NAV computation and client reporting like capital calls, distribution working, ensuring, equalisation premium and carry calculation adherence to laid down internal and statutory guidelines and service standards agreed with the clients
• Fund Administration: broad knowledge of KYC , FATCA , AML, review of application form
• Knowledge of SEBI/IFSC laws & regulations governing the Funds AIF industry.
• Handling the financial reporting requirement for a portfolio of alternative investment fund structures, ensuring the efficient delivery of high quality financial reports
• Scheme Fund Accounting (including NAV at set frequency) and maintaining books of Accounts for a scheme, including passing all related accounting entries after checking their correctness and impact on NAV. IndAs, IFRS knowledge is added advantage
• MIS & SEBI reporting on Adhoc, Bi Monthly, Quarterly, Monthly/Half yearly & annual report
• Coordinating with external auditors (Big 4) for audit for Half Yearly and Annual accounts
• Main point of contact on a day-to-day basis for operational matters and critical issues that need to be addressed before work get disseminated to the other team members.
• Reviewing financial statements, management accounts and accounting packages
• Reading/understanding Fund documents like Subscription documents, partnership agreements, and shareholder agreements for existing/new fund and explaining the key terms to team members.
• Reviewing capital call and distribution notices
• Preparing/Reviewing waterfall distributions, carried interest calculations and equalization workings
• Reviewing investor requests and any ad hoc requests from client.
Key requirements:
• Strong team-player with experience with working in a dynamic organisation.
• Leading a team of 10 to 20 people doing Fund Accounting and Investor Reporting.
• Strong communication and influencing skills; collaborative and a team player
• Hands on exposure on any fund accounting software (Investran, Wealth Spectrum, KAPITAL, Paxus, etc)
• Excellent presentation and communication skills, both in written and oral English.
• Highly organized, attention to detail, excellent follow through skills and ability to work independently.
• Analytical approach and effective oral and written communication skills
• Effective client-handling skills
• Strong prioritizing ability and organizational skills
• Analytical, meticulous, and systematic in approach to work
• Experience in Client Management
Company Benefits:
At our Vistra India office, we believe in putting our employees’ well-being first! We offer a hybrid working arrangement.
Additionally, we provide attractive insurance benefits, excellent job exposure and career prospects.
If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!
