EY Private Equity-Fund Accounting/Asset Management-Senior Manager 

India, Karnataka, Bengaluru 

635070745

Responsibilities:

• Manage a team of highly skilled individuals to deliver high quality, high integrity, high performing, innovative solutions. Build a mature practice.
• Candidate will be responsible for performing one or more of the following functions:
  • Understand the intricacies of Funds and Fund-of-Fund investment operations and financial statement reporting preferably Private Equity funds into Fund of Funds, Private credits, Loans, Private equity or/and Real Estate funds,
  • Preparation and review of Financial Statements, Audit and Management Memos including pre-cycle preparations and in-cycle production.
  • Perform fund accounting functions and fund administration including NAV Packs, Proof packs, Custody Reconciliation, IBOR/ABOR, capital calls, valuations and reconciliations, transactions and expense accounting. Experience in Private Equity Funds is preferred.
  • On Real Estate funds, perform Investment Accounting and core real estate fund accounting, which includes understanding and articulation of Property management reports.
  • Other Middle and Back Office functions like
    • Counterparty Management,
    • Liquidity Compliance and Monitoring,
    • Derivative Compliance,
    • Performance and Valuation Oversight, GIPS,
    • Reconciliations like Cash reports, pricing reconciliations
    • Preparation of various client reports
    • Budget Forecast, 15C board reports, Expense Allocation
    • Create and maintain various reference data sets like security master. Corporate Actions, Data Projects and Initiatives
    • Transfer Agent Oversight including monitoring and reporting
    • Data Governance including ABOR/PAYBOR, 19A Reporting, NAV Oversight
    • Intermediary Oversight including Vendor Payment Management
  • Review of new Close Ended Fund monitoring and reporting requirements
• Define new procedures and controls to enhance the overall operational risk process.
• Drive high-quality work products within expected timeframes and budget.
• Identify, evaluate, and suggest new technology opportunities that is value-driven for platform enablement and act as key differentiators for any offerings in WAM/BCM space.
• Facilitate and encourage the necessary conversations between the Business and Technology to determine the what and the how of the product features.
• Work with Technology and business partners in identifying process improvement areas and bring in the culture of automation.
• Collaborate with business, architects to translate business requirements into scalable solution options and provide inputs to product roadmap/strategy.
• Organize, lead, and facilitate multiple teams on highly complex, cross-functional, data and analytics initiatives.
• Keep the team motivated and carry positive attitude, resolve any conflicts.
• Create roadmap, design, and implement solutions to migrate legacy systems to next gen solutions.
• Partner with product management and business leaders to drive agile delivery of both existing and new offerings.

Requirements:

• More than 15 years of experience in Asset management sector, Exposure to US based asset management will be an addon.
• Experience in financial statement reporting or regulatory reporting to various US based Regulators.
• Master’s degree in accounting or finance mandatory. MBA or CA is a must to have.
• A Strong understanding of financial industry with fund accounting, expense reporting, tax reporting, asset types and derivatives is mandatory.
• Functional knowledge: good knowledge and understanding of financial instruments and exposure to banking/WAM domains, Exposure to US based asset management will be an addon.
• People management experience with leading project teams and managing direct reports within an organization.
• General understanding of US GAAP and regulatory requirements is a plus.
• Experience on financial statements is a plus.
• Experience with software tools including document management systems, workflow systems, partnership accounting, investment accounting software like Yardi, Lemonedge is preferable.
• Crisp and effective executive communication skills, including significant experience presenting cross-functionally and across all levels.
• Understanding of the applications used in the FA or reporting process.
• Understanding BRD would be an added advantage.
• Should pay attention to detail, proficient in MS applications (Word, Excel, Power Point), excellent analytical skills and must display effective interaction capabilities with various stakeholders.

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.