About The Role
You are required to maintain the client books and post journal entries, preparation and presentation of financial statements. Books require to maintain at asset, investment and portfolio level
Job Duties & Expectations
Basic knowledge required on the below items:
- Practical knowledge on journal entries and posting of journals
- Preparation and review of profit and loss account, Balance Sheet and Cash flow statement
- Preparation and review Cash book and reconcile the cash with bank on a daily basis
- Knowledge on revenue recognition and accrual concept
- Coordinate processing of payments and other transactions and it's review
- Review and update the detailed schedule of fixed assets and accumulated depreciation.
- Track property review accounting like, Net Assets, Operating income, Depreciation check and Rent calculation
- Preparation and review of Deferred Revenue Cost schedule and accounting
- Preparation and review of schedule of Equity capital, subscription and redemption
- Responsible for maintaining books and records and calculation of fund Net Asset Values
- Preparation and review of Distributions
- Identifying the GAAP to NAV differences and provide explanation
- Preparation of variance analysis and provide comments
- Debt Valuation schedule preparation
- Accounting of Re-valuation of assets and preparation of schedule
- Maintenance of various entities books of accounts both Book side and Market side
- Assist in audit queries
- Preparation and review of Non-controlling interest schedule
- Preparation and review of venture capital books and profit distribution
- Any other functions required as part of the business of the Company
Qualification
- Graduate / Master's Degree in Accounting, Finance, any other professional accounting qualification (ie. CA, CWA, CA inter, CWA inter or equivalent)
- Minimum of 4 8 years experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration.
- Knowledge of IFRS and / or USGAAP
- Experienced in preparing general ledger and financial statements.
- Good communication skills and proficiency in English (both verbal and written).
- Knowledge in Microsoft Applications (Excel, Word, Powerpoint etc).
- Working knowledge of Investran/Oracle will be an added advantage
- Private equity/real estate fund experience. Exposure to complex fund structure, waterfall computation, preferred return.
- Expect to have training skills to new joiners
State Street's Speak Up Line
Job ID: R-754769
