Accountant 3, Fund Accounting

ABOUT IQ-EQ

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.  We employ a global workforce of 6,500+ people across 24 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms. 

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. 

Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. 

We’re driven by our Group purpose, to power people and possibilities. 

ABOUT THE ROLE:

Responsible for supporting hedge fund accounting operations including NAV preparation, corporate actions processing, accruals, and financial reporting using fund accounting systems such as Paxus.

Job Responsibilities:

• Prepare and review NAV calculations, including booking of accrals, fees, income, and expenses. 
• Process and validate corporate actions (dividends, splits, mergers) and ensure accurate accounting treatment.
• Record and reconcile fund transactions including trades, cash, and positions against brokers/custodians. 
• Monitor and analyze accruals, income, and expense allocations to ensure completeness and accuracy. 
• Support month-end close, financial statements, and investor reporting in compliance with accounting standards. 

WHAT WE OFFER:

• Competitive Total Rewards Package: Comprehensive annual compensation including basic salary, HRA, special allowance, provident fund contributions, gratuity, internet allowance, and food allowance.
• Health & Insurance Coverage: Medical insurance, group term life insurance, and group personal accident insurance for financial security and peace of mind.
• Allowances & Support: Transportation or transportation allowance and shift allowance to support work flexibility and commuting needs.
• Paid Time Off: Generous paid leave to support work–life balance.

ABOUT YOU:

• Bachelor’s degree in Accounting, Finance, or related field. 
• Minimum of 3 years of relevant experience in hedge fund or fund accounting. 
• Strong knowledge of NAV calculation, corporate actions, and fund accounting principles. 
• Experience with fund accounting systems; Paxus experience preferred. (Paxus is a fully integrated fund accounting and administration system used for hedge funds and alternative investments) 
• Good analytical, reconciliation, and communication skills with attention to detail. 

OUR COMMITMENT TO YOU AND THE ENVIRONMENT

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.  

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee. 

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced. 

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning.