Assistant Manager, Fund Accounting

JOB DESCRIPTION: ASSISTANT MANAGER  Office: India  Department: Client Services  Job Summary  • To provide and ensure the timely and high-quality service and deliverables to the cluster clients for funds  clients allocated to you and your team.   • Main person who is accountable, has ownership of deliverables.  • Concentrates in engaging and developing teams and individuals. Expected to perform review of core  processes, complex ad hoc work and all other client requirements. Provides consistent feedback on  accuracy and timeliness of outputs made by their team  • Responsible in assisting in the review and/or preparation and completion of NAV and Financials of the  private equity funds that include recording journal entries, monthly/quarterly/annual financials,  processing payments, investor notices and various client reporting.  • Responsible in assisting in the review and/or preparation and completion of capital call and distribution  workings along with notices and release to respective investors.  • To facilitate and assist with conversion of Private Equity Funds from other accounting applications to  Investran.  • To facilitate and assist with onboarding new Private Equity Funds in the accounting platform  (Investran/Paxus).  • This entails assisting in the review and/or preparation of all/and complex reporting requirements, such as  but not limited to financial statements, working papers/ management accounts, partner statements and  ad-hoc client deliverables.  • Spends most of the time in driving results based on the KPIs (ex. Quality and Timeliness, Error Report,  Increased Productivity and Lowers Overtime, among others) and optimizing the work performance of the  team.  • To facilitate and assist various accounting and administration processes of complex clients and conduct  all work in accordance with IQ-EQ India Global Client Delivery's policies and procedures.  • As a supervisor, the Assistant Manager leads, organizes, coordinates, develops, monitors the  performance, delegates tasks and responsibilities to team members. Core Responsibilities   • Responsible for review of Financial Statements with Disclosures, NAV reporting and other ad-hoc service  requests for complex funds and/or corporate clients.   • Responsible for the preparation of complex reporting requirements, when necessary.  • Manages and ensures the timely and accurate deliverables of the team.  • Acquire knowledge to become specialists of their designated clients' requirements and deliverables.  • Ensures and champions compliance by following procedures and checklists following SSAE and other  similar statutory requirements of the clients they handle.  • Provides guidance and coaching to the team in both technical and non-technical aspects of their role.   • Seeks knowledge and expertise for their own professional development.  • Initiates the development of the technical competencies of their teams by providing feedback on their  deliverables and endorsing them to the appropriate learning & development activities.  • Directly liaises with the cluster counterparts of upcoming deliverables and the progress thereof, queries  and other dependencies to carry out the work.  • To be able to effectively communicate and relate with the various stakeholders of the team.   • Submits cluster client requirements after thoroughly being reviewed.  • To act as an alternate for Managers based on business needs which may include cluster client  responsibilities, administrative tasks, and team management.   Tasks & Duties  Cluster Client Delivery  • Acquires and shares specialized knowledge and understanding of the clients’ agreements, Scope of Work  (SOW), SLA’s and other necessary information needed to review and/or prepare deliverables.  • Confirms that the complete information, data and supporting documents are received for the  review/preparation of the needed requirements, then escalates and requests from the cluster  counterparts any missing information.  • Ensures the delivery of consistent and quality information within the agreed timeframes of the team.  • Coordinates with the cluster the deadlines (and any changes) of deliverables then plans and assigns the  workload within the team.  Facilitate the request for support from peers, as needed.  • Prepare (if needed), completely review, and ensure the quality of the assigned clients’ deliverables within  the agreed timelines.  • To be knowledgeable with the components of the reports generated by the appropriate platform/s, when  necessary.  • Reviews the reports generated by the team.  • To be able to review outputs and all other deliverables prepared.  • Monitors all review comments for all clients have been addressed.  • Monitors that their team takes full ownership and replies to cluster/Client/Investor’s queries within 24  hours.    • Addresses any job-related issues and concerns in a timely manner and escalates to the appropriate  authorities, as needed.   • Communicates review comments to the team and then follows up to address pending comments for  preparers.  • Monitors and oversees the interpretation of the requirements of the client and in some instances, does  the research and validates in the absence of an Accountant.  • Drafts error reports/compliance cases by collecting information on the root cause then proposes the  corrective actions and preventive measures in a timely manner.  • Gathers and organizes the information needed for the quarterly debrief meeting with the cluster to  review the team's performance. This includes consolidating review comments and action points to watch