Assistant Manager Job in Bengaluru at Grant Thornton

Grant Thornton is hiring for the role of Assistant Manager!

Responsibilities of the Candidate:

• Working knowledge on accounting for Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc
• Preparing investor notices for capital calls and distributions.
• Onboarding new Funds
• PL review and validation and proposing adjustment entries as needed.
• Computation of Management fee, Incentive fees and IRR for each period to know the performance of the fund.
• Allocate Income and expenses gain or losses for each fund and analyses if any discrepancies.
• Booking necessary activities like subscription, redemptions, transfer etc. and Calculating Daily, Weekly & Month end NAV.
• Providing Exception reports to clients and higher management on daily, weekly, and monthly basis.
• Sending pricing statements and generating monthly net asset value (NAV) reports for clients, ensuring timely and accurate information is provided.
• Daily position reconciliation and booking trade accordingly, daily cash reconciliation, research and investigation of all identified discrepancies.
• Experience in market value reconciliation and derivative reconciliation.
• Prepare quarterly work papers including preparation of General Ledger, Income Statements, Balance Sheet, Schedule of Investments, Receivable and Payable Schedule, NAV Calculations and Waterfall preparations.

Requirements:

• Strong analytical and communication skills.
• Good working knowledge on Alternative Investments Fund Industry
• Good conceptual knowledge on Hedge funds/Private Equities.
• Booking Journal Entries for various transactions daily.
• Calculating Capital Calls and Distribution Allocations and preparing Unfunded Commitment.
• Calculating Quarterly Management fees schedules.
• Calculating Carry, accruing for expenses, analyzing Capital Contributions required for investments.
• Strong knowledge in Hedge Funds including Waterfall, High Water Marks, Incentive Fees, etc.
• Conceptual clarity on Derivatives like Forwards, Futures, Options Contracts, Swaps, Swaption, etc.