Fund accounting - NAV Expenses

Position Title : Fund Accounting – Expense

Location : Bangalore

Shift : US Shift

Employment Type : Full-time & WFO

Key Responsibilities :

Candidate must have core fund accounting expertise.

• Expense Management :
• Oversee and track all fund-related expenses, ensuring accuracy and compliance with internal policies and LPAs.
• Allocate expenses to appropriate categories and entities.
• Must have a very good knowledge of accrual concepts.
• Should be very good with Journal entries.
• Should be familiar with Fund Expense like Custody , Admin , Audit , Tax And GP’s fees .
• Reconciliation :
• Reconcile fund expenses with the general ledger, Trial balance, and financial systems.
• Investigate and resolve discrepancies promptly between accounting system and Fund Admin.
• Internal Transfers and International Wire Transfers :
• Process and monitor internal fund transfers.
• Ensure timely and accurate accounting entries into accounting system across entities.
• Handle and review SWIFT MT 103 payment messages, ensuring accuracy and compliance with international payment protocols.
• Liaise with different teams to keep track of different payment and troubleshooting discrepancies.

Experience & Skills :