Website:
numinxfund.com
Job details:
NAV Management & Financial Statement Management
Job Description
As a Fund Accounting Associate, you will be responsible for the accurate calculation of Net Asset Value (NAV), preparation of financial statements, and maintenance of investment fund accounting records. You will ensure daily, monthly, and quarterly fund reporting complies with accounting standards, regulatory requirements, and internal controls while supporting portfolio valuation, reconciliations, and investor reporting. The role requires strong analytical skills, attention to detail, and collaboration with operations, compliance, and investment teams to deliver timely and accurate financial information.
Location: Mumbai, Maharashtra (Hybrid – Work from Office & Remote)
Key Responsibilities
- Calculate, review, and validate Daily/Periodic NAV for investment funds.
- Prepare monthly, quarterly, and annual financial statements in accordance with applicable accounting standards (IFRS/GAAP, where applicable).
- Perform cash, bank, portfolio, and General Ledger (GL) reconciliations.
- Record investment transactions, accruals, management fees, performance fees, expenses, and corporate actions.
- Review portfolio valuations and ensure accurate pricing of fund assets.
- Generate investor reports, capital statements, and financial disclosures.
- Support internal and external audits by maintaining accurate documentation and audit trails.
- Ensure compliance with regulatory requirements, accounting policies, and internal controls.
- Collaborate with operations, finance, compliance, and technology teams to improve fund accounting processes and reporting efficiency.
- Identify and resolve NAV breaks, reconciliation differences, and valuation exceptions in a timely manner.
Required Skills
- Strong understanding of Fund Accounting, NAV Calculation, and Financial Statement Preparation.
- Knowledge of investment products, portfolio accounting, corporate actions, and reconciliations.
- Familiarity with IFRS/GAAP, financial reporting standards, and fund accounting principles.
- Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, INDEX-MATCH, Power Query preferred).
- Experience with fund accounting and investment management platforms such as:
- Advent Geneva (preferred)
- Advent APX
- Allvue Systems
- SimCorp Dimension
- FIS InvestOne
- Bloomberg AIM
- eFront
- Yardi Investment Suite
- SS&C Technologies (HiPortfolio, Global Investor, EVOLV)
- Paxus
- Murex (for investment operations, where applicable)
- Knowledge of Bloomberg, Refinitiv, or other market data platforms is an added advantage.
- Excellent analytical, problem-solving, and communication skills.
- High attention to detail with the ability to meet strict reporting deadlines.
Preferred Qualifications
- Bachelor's or Master's degree in Commerce, Finance, Accounting, Economics, or a related field.
- Professional certifications such as CA, CPA, CFA, ACCA, or progress toward these qualifications are preferred.
- 3–5 years of experience in fund accounting, NAV operations, or investment accounting.
- Experience working with hedge funds, mutual funds, private equity, venture capital, or alternative investment funds is an advantage.
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