Private Equity / Debt - Fund Accounting Analyst

About Axience • Axience is a professional business services firm, established with a credo of delivering “Integrated Bespoke Solutions” for our clients • We provide high quality customized and boutique style business and financial research services and have established ourselves as a well-regarded research firm with a strong clientele, board and management team • Our offices are located in Mumbai (India), Dubai (UAE) and Cluj Napoca (Romania) with extended sales and execution capabilities • We offer competitive financial rewards, rapid learning and growth, and significant and varied responsibility to exceptionally driven and motivated candidates • We provide an intellectually stimulating and empowering work environment and place a high emphasis on being an equal opportunity employer Financial Research Services • Under our Financial Research vertical, we support reputable clients including private equity and debt investors/funds, investment banks, asset managers, hedge funds and family offices, among others • Axience support to its clients include various activities in deal/transaction execution from creating pitch books, info memo and financial models as well as basic tasks such as news run, updating databases and creating newsletters for sell-side clients • On the other hand, we support public and private market investors in fundamental research, due diligence and valuation/modelling • We also selectively support our clients in fund accounting, finance and other private equity and CFO support functions • Our business is a mix of ongoing dedicated analyst relationships and ad-hoc value-added projects. This mix allows our staff to have arguably better learning and growth opportunities than our peers Position: Fund Accounting Analyst We are currently hiring an experienced accounting professional to support one or more of our clients including private equity and debt fund Required Background • Exceptional theoretical and practical knowledge of accounting fundamentals and concepts • Advanced accounting qualification such as CA (fully qualified or intermediate) • Excellent performance in B.Com and/or M.Com • One of the following backgrounds is mandatory Corporate/SME • Comprehensive experience in finance manager function of an SME or Corporate with a background in recording, book-keeping and documentation • Proven experience in preparing monthly, quarterly and annual financial statements, dashboards and MIS reports Fund Administration • Experience in working with a captive or third-party offshoring team supporting in private equity fund accounting operations Auditing • Experience of working at a reputable audit or chartered accountancy firm Private Equity/Debt Fund • Experience in fund accounting functions of the Private Equity and Hybrid Funds that include recording journal entries and preparing monthly / quarterly / annual financial reports Role Description • Prepare various reports related to Net Assets Values, yields, distributions, and other fund accounting output • Reconcile various accounts or reviewing reconciliations and research/correcting any variances • Daily cash reconciliation with custodian records and various other client reporting • Finalizing the month-end NAV of the client and providing investor-level allocation reports at month-end. • Prepare fund financials and other periodic reports to management on Fund activities and other related issues Opportunity • Work directly with and learn from in-house accounting and finance function of multi-billion dollar private equity funds • Develop knowledge of private debt market, loans, CLOs and other debt funds working from an accounting and finance perspective • Develop exceptional skills in accounting Desired Background and Skills • Top tier education and academic performance with accounting experience – B.Com / M.Com / CA (Intermediate) / CA Final • At least 3 years of experience related to the reconciliation of assets/cash bank balances and review transactions for accuracy • Ability to survive in fast pace environment sometimes working on slightly vague instructions from clients and senior management • Excellent oral and written English communication skills and listening abilities • Love for numbers and attention to detail If you have the qualification, experience, and passion for the role mentioned above, please send your CV to fundaccounting.analyst@axience.com Please note only Mumbai based candidates apply to this job post