Fund Accountant

Senior Associate, Funds

Location: Bangalore

Department: Fund Services
Vacancy Type: Permanent

Work Timings: UK Shift

Work Mode: Hybrid

 

Key Responsibilities

Fund Accounting & Financial Operations

• Perform and/or review accounting activities for Luxembourg real estate fund structures (e.g. RAIF, SIF, SICAV/SICAF, SCSp).
• Maintain accurate fund books and records in accordance with Lux GAAP and/or IFRS.
• Calculate and review NAVs, capital accounts, management fees, performance fees, and other fund-level calculations.
• Account for real estate-specific transactions including property acquisitions and disposals, rental income, development costs, and SPV-level activities.
• Review Property Manager reporting packs, including rental income, operating expenses, accruals, and cash flow statements; investigate variances and ensure proper reflection in fund and SPV accounts.
• Perform and/or review consolidation of SPVs and sub-funds at fund level, including elimination of intercompany balances and transactions.
• Support preparation and review of consolidated financial information for internal reporting, investor reporting, and statutory financial statements.

Investor Services & Capital Activity

• Calculate and review performance fees / carried interest, including complex waterfall and hurdle rate calculations.
• Prepare and process investor distributions, ensuring compliance with fund documentation.
• Prepare PCAPs (Payment & Capital Account Statements) and investor notices.
• Support capital calls, investor subscriptions, redemptions, and transfers.
• Ensure accurate investor allocations and maintenance of investor registers.

Audit Assistance & Financial Close

• Act as a key coordinator for the annual audit process, ensuring audits are completed accurately and within agreed timelines.
• Prepare and review audit deliverables, including financial statements, supporting schedules, and audit evidence.
• Liaise with external auditors, administrators, valuers, and internal stakeholders to resolve audit queries efficiently.
• Monitor audit timelines, track open points, and ensure timely closure of audit issues.
• Support implementation of audit recommendations and improvements to controls.

Cross-Department & Stakeholder Coordination

• Liaise closely with AML/KYC, Transfer Agency (TA), Legal & Company Secretariat, Fund Administration, and Operations teams to ensure timely execution of investor and fund transactions.
• Coordinate approvals, documentation, and validations required to execute transactions.
• Act as a key point of contact for fund administrators, depositaries, auditors, valuers, tax advisors, and property managers.
• Support fund launches, new investor onboarding, and fund restructurings.

Reporting & Compliance

• Prepare and review investor reporting, capital account statements, and responses to investor queries.
• Assist in preparation and review of annual and interim financial statements and coordination of the audit process.
• Ensure compliance with AIFMD, CSSF, and Luxembourg regulatory requirements.
• Support regulatory and ad-hoc reporting requirements.

Process Improvement & Team Support

• Identify opportunities to enhance fund accounting and investor services processes and internal controls.
• Review work prepared by junior team members and provide technical guidance.
• Participate in system enhancements and automation initiatives.

 

Your Profile:

• Qualified Chartered Accountant with relevant experience of 1-2 years. 
• Willing to work in fast paced dynamic industry
• Positive attitude, team player, pro-active and ready to accept challenges
• Excellent verbal and written communication skills

CSC is a global business, legal, and financial services company based in Wilmington, Delaware, USA, providing knowledge-based solutions to clients worldwide. We have offices and capabilities in over 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, and more than 8,000 colleagues. We are the business behind business.®

Visit our careers site to learn more about CSC and our commitment to our clients, communities, and each other.

CSC is committed to creating a feeling of belonging through a diverse and growth-oriented environment where everyone is valued.

CSC colleagues have global career opportunities and excellent benefits, including annual success-sharing bonuses or commission plans based on individual performance. To learn more, visit cscglobal.com/service/careers. 

We offer a range of support to colleagues with disabilities, ensuring people have the necessary resources to thrive in their roles. We encourage candidates to work closely with our talent acquisition partners to convey their specific needs. Our commitment to accessibility reflects our broader dedication to diversity and belonging,

CSC only accepts resumes from employment agencies that are part of our approved supplier program. Resumes submitted from other agencies either to talent acquisition, our hiring leaders, employees, or through any other mechanism other than our supplier process, will not be eligible to claim related fees and the submitted resumes will be considered property of CSC.

We encourage candidates to apply directly to our website and not through third-party sources.

Disclaimer: The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications.