Website:
intellectualcapital.co.in
Job details:
Hiring a CA-qualified AVP to own fund accounting, NAV computation and financial control across its Portfolio Management Services and Alternative Investment Fund schemes. Reporting to the Chief Operating Officer, the incumbent is accountable for the accuracy and timeliness of scheme books, NAV, financial statements and regulatory reporting across multiple funds running simultaneously.
The role is the technical authority on fund accounting within the platform and carries one junior direct report. Investor onboarding, KYC and client servicing sit with a separate Fund Operations team; this role partners closely with that function on reconciliations and investor-level reporting.
KEY RESPONSIBILITIES
1. Fund Accounting & NAV
Own end-to-end fund accounting for PMS and AIF schemes across Category I, Category II and Category III structures.
Review and sign off NAV computation, unit capital, expense accruals, income recognition and portfolio valuation.
Ensure accurate accounting for investments, corporate actions, accrued income, management fees, carried interest and hurdle / catch-up computations.
Maintain scheme-wise books of account, capital accounts and distribution waterfalls with full audit trail.
2. Financial Control & Reporting
Review and finalise scheme financial statements in line with applicable accounting standards and SEBI reporting requirements.
Design and enforce the financial control framework maker–checker, reconciliation controls, cut-off discipline and month-end close calendar.
Manage scheme-level cash flows, expense control, TER monitoring and investment accounting across multiple schemes.
Prepare management MIS on fund performance, expense ratios, fee accruals and profitability for the COO and leadership.
3. Audit, Statutory & Regulatory
Own the statutory and internal audit cycle for all schemes — lead auditor interaction and close observations to resolution.
Liaise with statutory auditors, custodians, fund accountants, registrars, trustees and tax advisors.
Ensure timely periodic filings with SEBI, custodians and other regulatory authorities, with complete supporting documentation.
Manage direct and indirect tax matters at scheme level, including withholding tax, Form 64C/64D issuance and GST implications.
4. Process Improvement & Automation
Lead implementation and optimisation of best-in-class fund accounting systems.
Automate NAV packs, reconciliations and reporting through Excel, Google Sheets and platform-based workflows.
Establish SOPs, checklists and control mechanisms to institutionalise process discipline as the platform scales.
5. Team Leadership
Supervise, train and review the work of the Fund Accounting Analyst / Manager reporting into this role.
Build technical depth in the team on AIF accounting, valuation and regulatory reporting.
KEY SKILLS REQUIRED
Deep working knowledge of SEBI AIF and PMS Regulations, fund structures, valuation norms and compliance requirements.
Advanced expertise in fund accounting, NAV computation, reconciliation, investor reporting and financial control.
Strong command of applicable accounting standards and scheme-level financial statement preparation.
Proficiency in fund accounting software, advanced Excel, Google Sheets and automation tools.
Proven track record of handling statutory audits, regulatory filings and investor-level reporting.
Excellent analytical and problem-solving skills, with the ability to work across operations, compliance and investment teams.
PREFERRED BACKGROUND
Mandatory experience within an AIF environment — AIF fund house, asset management firm, investment advisory or fund accounting firm servicing AIFs.
Demonstrated track record of managing multiple funds simultaneously.
Exposure to both domestic and offshore fund structures will be an added advantage.
EDUCATIONAL QUALIFICATIONS
Chartered Accountant (CA) — mandatory. Additional CFA / MBA (Finance) will be an advantage.
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