Assistant Manager – Fund Accounting (Private Equity)

Job Summary - We are seeking an experienced Assistant Manager – Fund Accounting to handle end-to-end accounting for Private Equity and Hedge Funds. The ideal candidate will have hands-on experience in LP–GP accounting, capital activities, investor reporting, and hedge fund NAV processes, with a strong understanding of alternative investment structures.

Key Responsibilities · Perform end-to-end Private Equity and Hedge Fund accounting, including bookkeeping, reconciliations, and NAV calculations. · Prepare and review Capital Call notices, distributions, redemptions, and investor statements. · Maintain and reconcile PCAP (Partners’ Capital Accounts) for LPs and GPs (PE funds). · Handle LP–GP accounting, including allocations, profit sharing, expense allocations, and management fee calculations. · Support and execute waterfall calculations as per fund agreements (Private Equity). · Manage hedge fund NAV-related activities, including cash & position reconciliation, P&L calculation, and expense accruals. · Assist with monthly, quarterly, and annual financial statements in compliance with applicable accounting standards. · Coordinate with internal teams, auditors, fund administrators, and clients for smooth delivery and reporting. · Ensure accuracy, timeliness, and compliance with fund governing documents and SLAs. · Lead and guide team members and support process improvements.

Required Skills & Qualifications 5+ years of experience in Private Equity and/or Hedge Fund Accounting. Strong understanding of PE fund structures, LP–GP accounting, and hedge fund operations. Team handling experience Hands-on experience with: Capital Call notices, Redemptions, PCAP (Partner's Capital Account), Waterfall Calculations, Hedge fund NAV, reconciliations, and investor reporting Strong communication and stakeholder management skills.