Dezerv
Website:
dezerv.in
Job details:
About the company:
Dezerv is a house of investing solutions for high-net-worth and affluent Indians. Dezerv is co-founded by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor. They have led successful wealth management businesses and managed over USD 7 billion in assets. The Dezerv team brings together decades of investing expertise from leading global financial institutions like JP Morgan, UBS, BNP Paribas, etc. Our team of experts monitors the performance of portfolios and rebalances them if required to ensure long-term success. We are backed by marquee firms like Premji Invest, Accel, Elevation, Matrix, etc. Since inception, our clients have trusted us with over 15000+ Crs of their assets.
Why are we building Dezerv?
Investing is stressful and emotional. Building & growing wealth is difficult and time-consuming. Most individuals struggle with managing their investments and money. Our goal is to help individuals grow their wealth without the stress, time, and costs involved in a traditional investment. At Dezerv, we are building a platform that leverages our decades of investment expertise to help individuals invest better for their future.
Roles & Responsibilities:
1. End-to-End Fund Operations
- Manage complete lifecycle of AIF operations including:
- Investor onboarding and documentation validation
- Commitment tracking and drawdowns
- Capital call calculations and investor-level allocation
- Expense booking and allocation
- Distribution and income allocation tracking
- NAV coordination and validation
- Ensure accurate investor capital balances and fund-level accounting at all times.
2. Capital & Cash Management
- Track commitments, drawdowns, and capital utilization across funds.
- Coordinate fund transfers, deployment confirmations, and cash reconciliations.
- Monitor idle balances and ensure efficient cash deployment.
- Reconcile bank accounts, investment schedules, and internal accounting records.
3. Regulatory Compliance & Audit Coordination
- Ensure adherence to SEBI AIF Regulations and PPM guidelines.
- Coordinate with Compliance, Merchant Banker, Trustee, and Auditors for:
- Regulatory filings
- Annual and interim audits
- Investor disclosures
- Maintain audit-ready documentation and structured operational records.
4. Fund Accounting & Reporting
- Validate NAV workings and investor-level allocations.
- Oversee preparation of:
- Investor capital statements
- Drawdown notices
- Distribution summaries
- Periodic MIS and management reports
- Ensure accuracy in expense allocations, income recognition, and distribution calculations.
5. Reconciliation & Controls
- Perform and supervise reconciliation of:
- Bank accounts
- Investment schedules
- Investor capital balances
- Identify and resolve discrepancies within defined timelines.
- Build structured control trackers to ensure zero material errors.
6. Process Building & Automation
- Design and streamline AIF operational processes in a startup environment.
- Develop dashboards, trackers, and automation frameworks to reduce manual intervention.
- Work closely with Product and Technology teams to strengthen system capabilities.
7. Stakeholder Coordination
- Act as primary SPOC for:
- Internal leadership
- Compliance and Finance teams
- Auditors and external partners
- Support RMs and management with accurate and timely fund-level data.
Skills & Experience Required
- 5–8 years of experience in AIF / Fund Operations / Fund Accounting.
- Strong knowledge of SEBI AIF Regulations and PPM framework.
- Experience in capital call accounting, drawdowns, expense allocation, and distribution tracking.
- Strong reconciliation and control mindset.
- Proficiency in MS Excel (advanced level) and fund accounting systems.
- Ability to operate independently in a lean team environment.
- Strong attention to detail and structured execution approach.
Click on Apply to know more.