Institutional Equity Division - Associate, Fund Accounting (Mumbai)

Overview

Associate responsible for fund accounting activities for hedge fund clients, including NAV calculation, portfolio updates, reconciliations, performance review, and client support.

What you'll do

• Provide accounting solutions supporting valuation, investor transparency, and regulatory compliance.
• Calculate daily NAV.
• Review MSPA-to-custodian reconciliations and resolve breaks.
• Perform P&L analysis, cash projections, FX funding calculations, and contribution and redemption checks.
• Review general ledger exceptions and make necessary adjustments.
• Process securities pricing, corporate actions, OTC derivatives, and related cash movements.
• Support audits, financial statement preparation, and compliance functions.

What you'll need

• 0–2 years of prior work experience, preferably in financial services.
• Administrative and organisational skills.
• Accuracy and attention to detail.
• Ability to work under pressure and manage increased month-end workloads.
• Ability to work in a virtual team across time zones and geographies.
• Ability to use financial systems and other IT tools.

Nice to have

• Knowledge of hedge fund processing.

Details

• Location: Mumbai, Maharashtra, India.