Senior Fund Accountant

This role is for one of the Weekday's clients

Salary range: Rs 600000 - Rs 800000 (ie INR 6-8 LPA)

Min Experience: 3 years

Location: Ahmedabad

JobType: full-time

We are looking for a detail-oriented Fund Accountant to manage financial operations for investment funds with a strong focus on accuracy, compliance, and reporting. This role involves handling fund accounting processes end-to-end, including NAV calculations, investor reporting, and financial statement preparation under US accounting standards. You will work closely with internal teams, fund administrators, auditors, and clients to ensure seamless financial operations and regulatory compliance.

Requirements

Key Responsibilities

• Maintain and update the general ledger for investment funds with high accuracy
• Prepare periodic Net Asset Value (NAV) calculations (monthly/quarterly)
• Record and track capital calls, distributions, and investor allocations
• Perform bank, cash, and investment reconciliations
• Monitor and account for portfolio investments across asset classes such as equity and debt
• Prepare financial statements in accordance with US GAAP
• Manage investor reporting, including capital account statements and fund performance summaries
• Coordinate with fund administrators, auditors, and clients for smooth financial operations
• Support audit processes and year-end closing activities
• Ensure compliance with fund documents such as LPAs and investor agreements

What Makes You a Great Fit

• Strong foundation in accounting principles with experience in fund accounting or investment accounting
• Hands-on experience with US accounting standards (US GAAP)
• Proficiency in accounting tools such as QuickBooks and advanced Excel skills
• Strong understanding of NAV calculations, reconciliations, and financial reporting
• High attention to detail and ability to manage large volumes of financial data accurately
• Experience working with investment funds, private equity, or asset management firms is preferred
• Strong analytical and problem-solving skills
• Ability to work independently while managing multiple deadlines
• Good communication skills to collaborate with stakeholders, auditors, and clients