Website SKS Enterpprises
Operation Manager – Fund Accounting
Location: Bangalore
Experience: 10+ Years
Mandatory Requirements:
– Strong experience in AIF regulatory reporting and GIFT City/IFSC compliance.
– Hands-on experience in NAV, fund accounting, investor onboarding and KYC/AML.
– End-to-end fund operations with experience managing Trustees, auditors and regulatory stakeholders.
Job Roles & Responsibilities:
– Own regulatory compliance and reporting for India-domiciled AIFs and GIFT City (IFSC) structures – SEBI Activity/Asset Reports, Quarterly Activity Reports, IFSCA FME reporting, and other periodic filings – ensuring accurate, on-time submission.
– Track changes in SEBI AIF Regulations, RBI/FEMA requirements, and IFSCA (GIFT City) circulars, translating them into updated checklists and filing calendars ahead of deadlines.
– Coordinate with external legal, tax, and compliance advisors and statutory auditors to close out TDS, GST, and other regulatory filings across the fund book, resolving gaps proactively.
– Act as the primary point of contact for fund Trustees, ensuring reporting obligations, consents, and KMP updates are tracked to closure without follow-up chasing.
– Maintain working command of each fund’s PPM, trust deed, contribution agreement terms, keeping drawdowns, distributions, and fee calculations consistent with documentation.
– Lead statutory and regulatory audits end-to-end – SEBI, RBI, IFSCA, or any other regulator – from information requests through closure of findings.
– Own investor onboarding compliance: reviewing KYC/AML checks and contribution agreements, so onboarding packs meet regulatory requirements before capital is accepted.
– Manage investor communication – drawdown notices, capital calls, distribution notices, and periodic reporting – keeping content consistent with each fund’s PPM commitments.
– Oversee fund accounting across the portfolio – NAV computation, capital account maintenance, distributions, and expense allocation – reviewing trial balances and reconciliations before they reach funds, trustees, or auditors.
– Drive adoption of the fund accounting tool (ETON) and supporting systems, including opening balance migration and parallel runs against legacy records.
– Supervise and mentor the Bangalore fund administration team, allocating workload across India-, Singapore-, and UAE-serviced funds.
– Maintain operations and compliance trackers, run structured reviews, and escalate risks or filing delays early with a clear plan to close them.
Qualification & Experience:
– 8+ years in fund administration, fund compliance, or AIF operations, with hands-on exposure to SEBI AIF Regulations and, ideally, RBI/FEMA and IFSCA/GIFT City requirements.
– Proven experience preparing or reviewing SEBI AIF Activity Reports, Quarterly Activity Reports, or equivalent filings, gained at an AIF, fund administrator, custodian, or compliance advisory firm.
– Strong knowledge of investor onboarding compliance – KYC, AML checks, and contribution agreement review.
– Solid grounding in fund accounting, NAV computation, capital accounts, distribution waterfalls, and expense allocation.
– Comfortable applying PPMs, trust deeds, and contribution agreements to daily operations.
– Experience liaising directly with Trustees, RTAs, custodians, auditors, and external legal/compliance advisors.
– Exposure to multi-jurisdiction fund structures, India, GIFT City/IFSC, Singapore, and/or UAE highly valued.
– Bachelor’s degree in Commerce, Law, or Finance; CA/CS/CFA or a postgraduate degree is an advantage.
– Proficient in MS Excel; comfortable with fund accounting systems and tools such as Notion.
– Excellent written and verbal English, including experience drafting investor-facing communication.
– Strong ownership mindset, comfortable working across time zones with UAE- and Singapore-based stakeholders.
Other Details:
– Reporting To: Delivery Head – India
To apply for this job please visit www.iimjobs.com.
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