Alternative Ops Fund Accounting - Assistant Manager

Who we are looking for :

You are required to maintain the client books and post journal entries, preparation and presentation of financial statements. Books require to maintain at asset, investment and portfolio level.

Why this role is important to us :

The team you will be joining need to handle Investment ledger , Portfolio Ledger and Cash position. This role is very important to Calculate monthly NAV & Quarterly NAV.

What you will be responsible for :

• Basic knowledge required on the below items :
• Practical knowledge on journal entries and posting of journals
• Preparation and review of profit and loss account, Balance Sheet and Cash flow statement
• Preparation and review Cash book and reconcile the cash with bank on a daily basis
• Knowledge on revenue recognition and accrual concept
• Coordinate processing of payments and other transactions and it's review
• Review and update the detailed schedule of fixed assets and accumulated depreciation.
• Track property review accounting like, Net Assets, Operating income, Depreciation check and Rent calculation
• Preparation and review of Deferred Revenue Cost schedule and accounting
• Preparation and review of schedule of Equity capital, subscription and redemption
• Responsible for maintaining books and records and calculation of fund Net Asset Values
• Preparation and review of Distributions
• Identifying the GAAP to NAV differences and provide explanation
• Preparation of variance analysis and provide comments
• Debt Valuation schedule preparation
• Accounting of Re-valuation of assets and preparation of schedule
• Maintenance of various entities books of accounts both Book side and Market side
• Assist in audit queries
• Preparation and review of Non-controlling interest schedule
• Preparation and review of venture capital books and profit distribution
• Any other functions required as part of the business of the Company

What we value :

These skills will help you succeed in this role :

Education & Preferred Qualifications :

Secondary Skills (Good to Have)

What we do.

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.