About Axience
- Axience is a professional business services firm, established with a credo of delivering Integrated Bespoke Solutions for our clients
- We provide high quality customized and boutique style business and financial research services and have established ourselves as a well-regarded research firm with a strong clientele, board and management team
- Our offices are located in Mumbai (India), Dubai (UAE) and Cluj Napoca (Romania) with extended sales and execution capabilities
- We offer competitive financial rewards, rapid learning and growth, and significant and varied responsibility to exceptionally driven and motivated candidates
- We provide an intellectually stimulating and empowering work environment and place a high emphasis on being an equal opportunity employer
Financial Research Services
- Under our Financial Research vertical, we support reputable clients including private equity and debt investors/funds, investment banks, asset managers, hedge funds and family offices, among others
- Axience support to its clients include various activities in deal/transaction execution from creating pitch books, info memo and financial models as well as basic tasks such as news run, updating databases and creating newsletters for sell-side clients
- On the other hand, we support public and private market investors in fundamental research, due diligence and valuation/modelling
- We also selectively support our clients in fund accounting, finance and other private equity and CFO support functions
- Our business is a mix of ongoing dedicated analyst relationships and ad-hoc value-added projects. This mix allows our staff to have arguably better learning and growth opportunities than our peers
Position: Fund Accounting Analyst
We are currently hiring an experienced accounting professional to support one or more of our clients including private equity and debt fund
Required Background
- Exceptional theoretical and practical knowledge of accounting fundamentals and concepts
- Advanced accounting qualification such as CA (fully qualified or intermediate)
- Excellent performance in B.Com and/or M.Com
- One of the following backgrounds is mandatory
Corporate/SME
- Comprehensive experience in finance manager function of an SME or Corporate with a background in recording, book-keeping and documentation
- Proven experience in preparing monthly, quarterly and annual financial statements, dashboards and MIS reports
Fund Administration
- Experience in working with a captive or third-party offshoring team supporting in private equity fund accounting operations
Auditing
- Experience of working at a reputable audit or chartered accountancy firm
Private Equity/Debt Fund
- Experience in fund accounting functions of the Private Equity and Hybrid Funds that include recording journal entries and preparing monthly / quarterly / annual financial reports
Role Description
- Prepare various reports related to Net Assets Values, yields, distributions, and other fund accounting output
- Reconcile various accounts or reviewing reconciliations and research/correcting any variances
- Daily cash reconciliation with custodian records and various other client reporting
- Finalizing the month-end NAV of the client and providing investor-level allocation reports at month-end.
- Prepare fund financials and other periodic reports to management on Fund activities and other related issues
Opportunity
- Work directly with and learn from in-house accounting and finance function of multi-billion dollar private equity funds
- Develop knowledge of private debt market, loans, CLOs and other debt funds working from an accounting and finance perspective
- Develop exceptional skills in accounting
Desired Background and Skills
- Top tier education and academic performance with accounting experience B.Com / M.Com / CA (Intermediate)/ CA Final
- At least 3 years of experience related to the reconciliation of assets/cash bank balances and review transactions for accuracy
- Ability to survive in fast pace environment sometimes working on slightly vague instructions from clients and senior management
- Excellent oral and written English communication skills and listening abilities
- Love for numbers and attention to detail
If you have the qualification, experience, and passion for the role mentioned above, please send your CV to [Confidential Information]
Please note only Mumbai based candidates apply to this job post.
