Fund Accountant

SKS Enterpprises View all jobs

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 2 months ago
Position Name -Assistant Manager - Fund accountantLocation -MumbaiExperience Range - 5-8 YearsMandatory Requirement:
  • Fund & portfolio accounting for SEBI-registered AIF/PMS, including financials and audits.
  • Accurate calculation of fees, expenses, and investor distributions.
  • SEBI, TDS, and tax compliance, with coordination with auditors/RTAs.
  • Managing fund operations, MIS reporting, and investor communication/support
Job Roles and Responsibilities:
  • Ensuring timely preparation and various audits of fund financials and portfolio statements on half yearly and annual basis.
  • Ensuring accurate calculation of management and set up fee, and IRR based performance fee.
  • Ensuring accurate recovery of portfolio expenses.
  • Managing bank operations for fund and PMS and ensuring excess balance is invested in liquid investments.
  • Ensuring timely vendor payments for funds and PMS
  • Ensuring TDS compliances for payment and returns.
  • Ensuring SEBI compliances and monthly/quarterly reporting
  • Customer services and investor query resolution with regards to PMS and AIFs
  • Providing client login and collection MIS, drawdown MIS to management and fund status data to investment team
  • Liaising with Registrar and Transfer Agents (RTA) regarding investor services and unit related calculations and MIS.
  • Ensuring timely and accurate investor communication including estimated income expense communication for advance tax purpose, annual income tax return filing purpose, drawdown notices and distribution letters.
  • Resolving accounts and tax related queries of investors and distributors.
  • Liaising with tax consultants and auditors for preparation and filing of Form 64, and Form 64D under IT Act.
  • Calculating and accounting for fund level and investor level exits and distribution amounts, and capital gain thereof.
  • Ensuring timely account openings for new products with various entities and authorities like Income Tax, banks, custodian, KRAs, and CERSAI.Automations of current templates.
  • Managing fund and portfolio accounting for SEBI registered Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs), and Portfolio Management Schemes (PMS) investing in real estate.
Qualification and Experience:Graduates / CA InterOther Details:
  • Excellent interpersonal skills and a collaborative management style
  • Computer and internet savvy
  • Knowledge of tax and other compliance implications
  • Excels at operating in an fast pace, community environment

SKS Enterpprises