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10 May 2024


Hedge Fund Accountant, 3 to 5 years in Gurugram

Company Logo NTT DATA Payment Services India


4-5 Years

hedge fund, NAV Calculation, Fund Accounting, Cash Reconciliation, Net Asset Value

Job Description

Position: Hedge Fund Accountant
Qualification: B.com
Experience: 3 to 5 years
Location: Gurugram

Job description
The primary goal is to provide exceptional accounting and administration servicing for our clients assigned Hedge Funds, CITs, ETFs and other pooled vehicles. As a Fund Accountant

Role & responsibilities -
  • Perform daily reconciliation of accounts between Geneva and Custodian/Prime Broker.
  • Monthly investigation on Reconciliation discrepancies and verify all the transactions.
  • Prepare monthly financial reporting package for Hedge Funds, including the determination of \"Net Asset Value\" and prepare the Statement of Asset and Liabilities and Profit and Loss Statement
  • Ensure Fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards (Calculation of Incentive Fee and Management Fee).
  • Accurate and timely processing of all capital activities including subscriptions, redemptions, transfers, rollups, capital commitments and calls.
  • Derive pricing for portfolio investments. Updating status reports.
  • Cash Management-managing the daily cash flow of trades and monitoring fund cash-flows.
  • Process incoming and outgoing cash movements related to capital activity.
  • Perform daily reconciliation of accounts between Geneva and Custodian/Prime Broker.
  • Independently complete cash, portfolio and capital reconciliations and investigate and resolve any discrepancy
  • Creation and maintenance of investor information including payment models and contacts.
  • Preparation of Investor and Client reports including Audit confirmations, Trade confirmations etc.
  • Communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.
  • Correspond with external investment managers regarding day-to-day fund inquiries including entering security trades, fee payments, cash position breaks, and reconciliations. Client engagement and a dedication to quality service is a must for success.

Requirements for this role include:
  • University degree or equivalent that required 3+ years of formal studies of Finance/Accounting principles
  • 3+ year(s) of accounting experience for financial instruments (equities, fixed income, and derivatives), operation of capital markets, and life cycle of trades. Well versed with all financial instruments
  • Complete procedural knowledge of fund accounting is a must. Trade Booking, Cash reporting, Exceptions analyzing, reconciliation of assets and cash, Post pricing issues etc.
  • 3+ year(s) of data entry experience that required a focus on quality including attention to detail, accuracy, and accountability for your work product.
  • 3+ year(s) of experience using MS-Excel that required you to use Formulas, Tables & Formatting, Conditional Formatting, Charting, Pivot tables & Pivot Reporting.
  • 2+ year(s) of experience in a service-oriented role where you had to correspond in writing or over the phone with external customers.
  • Ability to work regularly scheduled shifts from Monday-Friday

10 May 2024


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