Accountant 2, Fund Accounting

Job Summary
•    To provide and ensure the timely and high-quality service and deliverables to leading private equity and          private debt funds clients under the guidance and direction from supervisors, allocated to you on a                  regular basis.
•    Concentrates on delivering consistent results by focusing mainly on preparation of core processes, low to        high complex ad hoc work and client requirements.  Performs self-review of core processes to                        demonstrate self-awareness in gaining productive insights into professional and personal strengths and          areas of development.
•    Responsible in preparation and completion of NAV and Financials of the private equity and private debt          funds that include recording journal entries, preparing monthly/quarterly/annual financials, processing              payments, preparing investor notices and various client reporting.
•    Responsible in preparation and completion of capital call and distribution workings along with notices and        release to respective investors.
•    Assist with conversion of Private Equity and Debt Funds from other accounting applications to Investran.
•    Assist with onboarding new Private Equity and Debt Funds in the accounting platform (Investran, Paxus).
•    This entails assisting in all reporting requirements, such as but not limited to financial statements,                    working papers/ management accounts, partner statements and ad-hoc client deliverables.  
•    To assist in various accounting and administration processes and conduct all work in accordance with              IQ-EQ India Global Client Delivery's policies and procedures.
Core Responsibilities 
•    Responsible for NAV reporting, the preparation of Financial Statements with Disclosures, and other ad-            hoc service requests for funds and/or corporate clients.
•    To ensure all deliverables are timely and accurate.
•    Acquiring knowledge of designated clients' requirements and deliverables.
•    Ensure compliance by following procedures and checklists following SSAE and other similar statutory              requirements. 
•    Proactively seeks adequate training, feedback, and support in both technical and non-technical aspects         of the role. 
•    Guides new peers and/or junior members of the team on the client specifics and other deliverables

(Technical).

Tasks & Duties
Cluster Client Delivery
•    Acquires knowledge and understanding of the clients’ agreements, Scope of Work (SOW), SLA’s and             other necessary information needed to prepare deliverables.
•    Ensures complete information, data, supporting documents, etc. are received for the preparation of the           needed requirements.  To acknowledge or to escalate the completeness of the information, data,                     supporting documents, etc. to the Senior Accountant.
•    Delivers consistent and quality information within the agreed timeframes. 
•    Prepare, complete, and ensure the quality of the assigned clients’ deliverables within the agreed timelines
•    To be knowledgeable with the components of the reports generated by the appropriate platform/s
•    To be able to review outputs and all other deliverables prepared. 
•    To address review comments.
•    Takes ownership, prepares, and replies to cluster/Client/Investor’s queries within 24 hours.
•    Escalate any job-related issues and concerns to the appropriate authorities in a timely manner.
•    Provides support to the rest of the team and other teams, as needed. 
•    To act as an alternate for Senior Accountants or Assistant Managers based on business needs.
•    Responsible for consolidating queries, requirements, and comments from the client. Researches and             validates the team's interpretation of the requirements, when needed, to the technical team.

Workflow Management
•    Ensures timesheets are completed daily and accurately filed for all hours worked.
•    Sets up, monitors, updates and closes all deliverables via the workflow planner.

Systems
•    Understands and uses best practice on accounting platform/s. 
•    Understands and becomes knowledgeable on how to generate reports using reporting platform/s.

Risks
•    Ensures relevant procedures, checklists and SSAE requirements are adhered to and completed to                 mitigate errors. 
•    Reports any breaches, complaints, or errors to appropriate authorities in a timely manner.
•    Assists in the preparation of error reports, identifies the areas of operational risk and participates in                 proposing appropriate remedial actions within 24 hours of identifying the error.
Other
•    May undertake any additional tasks and/or responsibilities as part of their professional development               which may or may not be related to their specific function. 
•    Escalates any other work-related issues and concerns to the appropriate authorities in a timely manner.
Key behaviours we expect to see
In addition to demonstrating our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following:
•    Action Oriented - Taking on new opportunities and tough challenges with a sense of urgency, high                   energy, and enthusiasm.
•    Being Resilient - Rebounding from setbacks and adversity when facing difficult situations.
•    Self-Development - Actively seeking new ways to grow and be challenged using both formal and informal       development channels.
•    Communicates Effectively - Developing and delivering multi-mode communications that convey a clear            understanding of the unique needs of different audiences.
•    Customer Focus - Building strong customer relationships and delivering customer-centric solutions.
•    Demonstrates Self-Awareness - Using a combination of feedback and reflection to gain productive insight       into personal strengths and weaknesses.
•    Plans & Aligns - Planning and prioritizing work to meet commitments aligned with organisational goals.
•    Manages Conflict - Handling conflict situations effectively, with a minimum of noise.
•    Interpersonal Savvy - Relating openly and comfortably with diverse groups of people.
•    Organizational Savvy - Manoeuvring comfortably through complex policy, process, and people-related           organisational dynamics.

Qualifications and Experience Required for this Role

Essential

Education / professional qualifications

• Graduate of accounting or any business-related course with 2+ years relevant accounting experience.
• Fundamental knowledge of IndAS, IFRS and GAAPs of different jurisdictions (US, UK, and Lux). Preparation of Financial Statements using applicable laws and regulations.
• Fluency in English and an additional foreign language.

Background experience

• Knowledgeable in the preparation of working paper files, financial statements with disclosures and other financial information. Operational experience in fund accounting services, preferably in handling private equity or private debt.

Technical

• Good understanding of Private Equity and Private Debt funds concepts and accounting treatment.
• Working knowledge of Investran Accounting Application.
• Intermediate Excel skills such as pivot tables, lookup, “if” and other similar functions.

Computer / program knowledge

• Experience in e-mail, word processing and video conferencing applications such as Microsoft Office.
• Effective written and verbal intermediate communication skills.
• Experience in using accounting software (Investran/Paxus software).

Desired

• Experience working in Financial Services or Shared Services office environment. 
• Experience working in a multinational office environment.
• Open to travel and other secondment opportunities abroad if required.
• University Degree in Accountancy and other accounting-related courses.

At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.