IndusBridge Ventures
Website:
indusbridgeventures.com
Job details:
Job Title: Assistant Manager – Operations & Finance (AIF/IM/Sponsor)
Location: Lower Parel, Mumbai, India
Reporting To: CFO
Role Type: Full time
Role Overview:
This role combines oversight of fund accounting for the AIF and hands-on accounting & administration for the Investment Manager and Sponsor entities. The role will ensure accuracy, timeliness, and compliance of all fund and entity-level financial operations in line with Securities and Exchange Board of India regulations.
Qualifications & Experience:
- CA / MBA Finance with accounting background
- 3 – 4 years in hands on accounting with 1 - 2 years of relevant experience in AIF / PE / VC / fund administration
Key Skills:
- Hands-on with entity accounting
- Process-driven, detail-oriented, meticulous and proactive
- Strong review and analytical capability
- High ownership and ability to drive timelines across stakeholders
- Attention to detail and ability to identify discrepancies
- Strong coordination and communication skills
- Proficiency in Excel and accounting systems & softwares
Key Responsibilities:
A. AIF Fund Operations (Coordination & Oversight)
- Act as primary liaison with fund administrators.
- Validate data, assumptions, and outputs for accuracy
- Liaise with auditors, custodians, tax advisors, and compliance consultants
- Provide timely and complete data (investments, expenses, exits, etc.) to fund admins
- Track timelines and ensure adherence to SLAs
- Coordinate investor communications (capital calls, distributions, reports)
- Ensure compliance and filings under SEBI AIF Regulations 2012
- Ensure smooth onboarding/KYC processes
- Review NAV, capital accounts, drawdowns, distributions, and investor reporting
B. Coordination with Investee Companies including for data, information, due diligence, agreements, investments, share transfer
C. Accounting & Banking for Fund (Hands-on Execution)
- Recording of expenses, journal entries, Inter-company Transfers
- Bank reconciliations and ledger scrutiny
- Upload payments in net banking as per SOP
- Verify invoices, POs, GRNs, TDS/GST and approvals before processing
- Ongoing advisory support to management
D. IM & Sponsor: Accounting, Tax & Compliance (Hands-on Execution)
1. GST Compliance
- Monthly GST liability computation with Input Tax Credit (ITC) adjustments
- RCM applicability and tax computation
- Review of GSTR-2B and vendor compliance tracking
- Support Filing of returns & reconciliation with audited financials
- Track updates, notifications, and regulatory changes
2. TDS (Withholding Tax)
- Support TDS return filings & resolutions/ queries
- TDS deductions & payments
- Monitoring regulatory changes and rate updates
3. Profession Tax
4. Accounting & Business Support
- Complete accounting in Tally (or equivalent systems)
- Recording of: Sales, purchases, expenses, journal entries, Bank, petty cash, credit card transactions, Employee salaries & reimbursements, Salary Payouts, Inter-company Transfers
- Bank reconciliations and ledger scrutiny
- Invoice preparation and receivables tracking (with aging reports)
- Quarterly financial statements and MIS reporting
- Advance tax computation and tax liability tracking
- Budgeting, variance analysis, and financial planning support
- Ongoing advisory support to management
5. Vendor Payments & Banking Operations
- Upload vendor/ salary payments in net banking as per SOP
- Verify invoices, POs, GRNs, TDS/GST and approvals before processing
- Vendor reconciliation prior to payments
- Maintain payment/ receivable tracker and ensure timely processing/ collections
- Upload statutory payments (GST, TDS, PT, PF) within due dates
- Coordinate with approvers for release of payments
- Maintain challans and audit documentation
- Share remittance advice with vendors & get their confirmations
- Update books post-payment and resolve vendor queries
- Coordinate with banks for maintenance/ opening/closing of accounts
6. Control, Compliance & Governance
- Maintain compliance calendar across fund and entities
- Implement maker-checker controls and review frameworks
- Ensure audit readiness and proper documentation
- Support board/investor reporting
7. Stakeholder Coordination
- Act as bridge between investment team, fund admin, auditors, legal, and investors
- Support fundraising, due diligence, and investor queries
- Manage onboarding/KYC/ documentation coordination
Application Process: Please submit your resume on LinkedIn.
We look forward to hearing from you!
Click on Apply to know more.