Assistant Manager, Fund Accounting

Company Description

ABOUT IQ-EQ:

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.  We employ a global workforce of 6,500+ people across 24 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms. 

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. 

Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. 

We’re driven by our Group purpose, to power people and possibilities

Job Description

ABOUT THE ROLE:

The Assistant Manager is accountable for delivering timely, accurate, and high‑quality fund accounting and reporting services to assigned private equity fund clients and cluster stakeholders. The role has end‑to‑end ownership of client deliverables, with a strong focus on review, quality control, and performance management. The Assistant Manager leads and develops the team, drives results against defined KPIs, and supports the review and preparation of NAVs, financial statements, capital activities, and complex client deliverables. The position also plays a key role in onboarding new funds, system conversions to Investran or Paxus, stakeholder communication, risk and compliance oversight, and continuous process improvement, in line with IQ‑EQ India Global Client Delivery policies and procedures.

Core Responsibilities

• Client Delivery & Review Ownership: Review and, where required, prepare NAVs, financial statements with disclosures, capital calls, distributions, investor notices, and other complex and ad‑hoc reporting for private equity funds, ensuring accuracy, completeness, and timeliness.

• Team Leadership & Performance Management: Lead, organize, and monitor the performance of the team by planning workloads, reviewing deliverables, providing consistent technical and non‑technical feedback, coaching team members, and driving results against KPIs such as quality, timeliness, productivity, and error reduction.

• Stakeholder & Cluster Management: Act as the primary liaison with cluster counterparts and other stakeholders by coordinating deadlines, managing queries and dependencies, escalating issues as needed, and ensuring all reviewed deliverables are submitted in line with agreed SLAs.

• Systems, Onboarding & Process Optimization: Facilitate and support the onboarding of new private equity funds and the conversion of funds from other accounting platforms to Investran or Paxus, while standardizing, optimizing, and improving accounting and reporting processes for complex clients.

• Risk, Compliance & Governance: Champion compliance with internal procedures, SSAE and other regulatory requirements by overseeing controls, drafting and reviewing error and compliance reports, identifying root causes and risks, and ensuring timely implementation of corrective and preventive actions.

WHAT WE OFFER:

• Competitive Total Rewards Package: Comprehensive annual compensation including basic salary, HRA, special allowance, provident fund contributions, gratuity, internet allowance, and food allowance.
• Health & Insurance Coverage: Medical insurance, group term life insurance, and group personal accident insurance for financial security and peace of mind.
• Allowances & Support: Transportation or transportation allowance and shift allowance to support work flexibility and commuting needs.
• Paid Time Off: Generous paid leave to support work–life balance.

Qualifications

ABOUT YOU:

• Education & Experience: Bachelor’s degree in Accounting or a related field with a minimum of 8 years of progressive experience in real estate or hedge fund accounting, including strong reviewing experience of NAVs, financial statements, reconciliations, investor reporting, and other complex fund deliverables; CA or equivalent professional qualification is a strong advantage.
• Systems & Technical Knowledge: Mandatory hands‑on experience with Yardi or Paxus, at both preparer and reviewer level, with strong proficiency in fund accounting and financial reporting systems, advanced Excel and data analysis skills, and practical knowledge of SOX, internal controls, and compliance requirements.
• Industry & Technical Expertise: Demonstrated experience in real estate or hedge fund structures, including complex entity hierarchies, multi‑currency transactions, partnership accounting, and investor allocations and reporting.
• Analytical & Review Skills: Proven ability to perform detailed technical reviews, resolve complex accounting issues, research and interpret accounting standards, manage multiple priorities under tight deadlines, and deliver clear, well‑supported recommendations with a high level of accuracy and professional judgment.
• Professional & Stakeholder Skills: Fluent in written and spoken English; highly professional, proactive, and detail‑oriented; capable of mentoring Accountants and Junior Accountants, communicating effectively with internal stakeholders and clients, and adapting quickly to evolving business and regulatory requirements.

Additional Information

OUR COMMITMENT TO YOU AND THE ENVIRONMENT

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.  

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee. 

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced. 

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning.