01Overview
Job Description:
Job Title: Fund Accounting Manager
Job Summary
The Fund Accounting Manager is responsible for overseeing the accounting, valuation, and financial reporting of investment funds. This role ensures accurate NAV calculations, compliance with regulatory standards, and timely financial statements while managing a team of fund accountants and coordinating with internal and external stakeholders.
Key Responsibilities
Oversee daily, monthly, and annual Net Asset Value (NAV) calculations
Ensure accurate fund accounting for mutual funds, hedge funds, PE, and alternative investment vehicles
Review and approve financial statements, investor reports, and capital account statements
Ensure compliance with GAAP / IFRS, regulatory requirements, and fund documentation
Manage period-end close, reconciliations, and variance analysis
Coordinate with custodians, auditors, administrators, and investment managers
Monitor fund expenses, accruals, income, and corporate actions
Lead and mentor a team of fund accountants
Support audits, regulatory filings, and due diligence requests
Implement process improvements and automation to enhance accuracy and efficiency
Required Skills & Competencies
Strong knowledge of fund accounting principles and NAV calculations
Expertise in GAAP / IFRS and regulatory reporting
Experience with investment instruments (equities, fixed income, derivatives, alternatives)
Strong analytical and problem-solving skills
Excellent stakeholder management and communication abilities
Team leadership and people management skills
Proficiency in fund accounting systems (e.g., Geneva, Investran, Yardi, Advent, Multifonds)
Qualifications
Bachelors degree in Accounting, Finance, or Commerce
Professional qualification such as CA, CPA, ACCA, or CFA (preferred)
610 years of experience in fund accounting or asset management operations
Prior experience in a supervisory or managerial role
Key Performance Indicators (KPIs)
Accuracy and timeliness of NAV delivery
Audit and regulatory compliance metrics
Reduction in reconciliation breaks
Team productivity and quality metrics .
