About Us:
We are the premier global business, legal, and financial services company providing knowledge-based solutions to clients worldwide. Based in Wilmington, Delaware, USA, we have locations and capabilities in more than 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, with more than 7,500 employees. We are the business behind business.
Working with us means entering a dynamic, international, and growthoriented company. Diverse teams give us a competitive advantage and drive innovation. We’re committed to attracting, developing, and retaining talented people who create an environment where everyone is valued and respected. CSC is an equal opportunity employer.
The position:
Fund Accounting team is responsible to Coordinate in Fund setup i.e. N Tier or GWI including setup of Classes, Special allocation groups, multiple legal entities, defining all the linkages and hierarchies across multiple Masters and Feeders, defining Catchup and Carry terms and classes (after deciding that Carry should be calculated at what level). Performing system fund allocations in GWI moth on month and verifying the correctness of all attributes.
Some of the things you will be doing:
- Knowledge of private equity/ debt fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure.
- Knowledge on the role of Investors’ classes, GP class, carry class, Affiliated / Non-affiliated classes. • Recording investor’s commitments and knowledge on accounting of initial/subsequent/late closings.
- Processing capital activities, i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules. Processing and understanding the role of Master-feeder capital transactions.
- Responsible for booking trading and non-trading transactions and finalizing books of accounts.
- Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European & American waterfall methods.
- Computation of management fees in various periods, preferred returns and carried interest computations.
- Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple.
- Handling Investor reporting, Fund level reporting and ILPA reporting (optional)
- Interacting with clients on various accounting/operational issues
- Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments.
What Technical Skills, Experience, and qualifications do you need
- Preferred Bachelors/Master’s in Commerce, Finance & Accounting disciplines.
- Experience in working across country lines and operating in a global, multinational organization, ideally in a matrix structure.
- Demonstrable accomplishments relating to organizational change activities in a fast-paced environment.
- Willing to work in global shifts.
- Excellent verbal and written communication in English & Strong problem-solving skills.
