Private Equity Fund Accounting & Operations– Assistant Manager

Posted 4 Hours Ago
Be an Early Applicant
Hyderabad, Telangana
In-Office
Senior level
Big Data • Fintech • Information Technology • Insurance • Financial Services
MassMutual is leading the financial services industry in digital enablement
The Role
The Assistant Manager will supervise team members, manage fund accounting processes, oversee capital calls, ensure timely document management, and produce investor reports, requiring strong analytical and communication skills.
Summary Generated by Built In

Who We Are – MassMutual India
Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. Therefore, we want to inspire people to Live Mutual. We at MassMutual value diversity and inclusion. We’re people helping people
A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals.  Our employees are the foundation of what makes MassMutual a strong, stable, and ethical business.  We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.
Together, we’re stronger.

Job Description

Key responsibilities and accountabilities

The responsibilities of the role include, but are not limited to:

  • Supervising other members of the team and being the main contact for the US team
  • Solid technical and working knowledge over fund oversight model, financial and fund accounting, ability to document, justify, and demonstrate complex fund financial, accounting, and fund operation matters.
  • Oversee receipt of quarterly statements from managers and reconciliation to internal records.
  • Oversee entire capital call and distribution process and working schedules and notices prepared by TPAs.
  • Oversee and track deliverables from managers and follow up on outstanding items
  • Ensure all documents are loaded to SharePoint timely
  • Record journal entries in eFront and Investran
  • Oversee and re-calculate fund performance metrics such as IRRs and Investment Multiples at both fund and asset level.
  • Produce investor reporting package such as investment manager’s report, portfolio details report and various ad-hoc reporting.
  • Assist in various ad-hoc projects to improve fund oversight models, processes, and controls.

The Fund Accountant may also be required to assist with other projects as required by Barings from time to time.

Knowledge, skills and abilities required

  • Prior experience in private equity fund accounting/administration/audit and ideally experience was gained in fund management, fund accounting, fund administration or fund audit.
  • Strong teamwork ethic whilst also having the ability to function with some direction from your team leader, challenge yourself to learn new things and continually improve.
  • Self-starter with the ability to work independently.
  • Strong written and verbal communication skills.
  • Proficient in Microsoft Office Suite applications, with Investran and eFront experience a plus.
  • Strong attention to detail and focus on accuracy.

Education and experience required

  • Bachelor’s degree in Accounting or equivalent (CPA designation preferred).
  • 8+ years’ experience in financial services / Big 4
  • Recent and relevant experience in Fund Accounting

Application requirements

  • Investran and eFront is preferred, not essential.

Why Join Us?
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products, and services. To accomplish this, we celebrate an inclusive, vibrant, and diverse culture that encourages growth, openness, and opportunities for everyone. A career with MassMutual, Great Place to Work® certified and India's Best Workplaces in BFSI 2023 - Top 50 organization means you will be part of a strong, stable, and ethical business with industry leading pay and benefits. And your voice will always be heard.
Does this sound like a great fit? Apply today!

Top Skills

Efront
Investran
Microsoft Office Suite

What the Team is Saying

Sriya
Ajitha
Manoj
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
Hyderabad, Telangana
0 Employees
Year Founded: 2020

What We Do

With our world class Global Capability Centre (GCC) in the heart of Hyderabad, we at MassMutual are extending a nearly 170-year legacy of securing futures and protecting loved ones to Telangana, India in 2020. The Hyderabad GCC has been established to explore the global talent pool with an in-house team of experts in full-stack Development & Support, DevOps, Quality Assurance, Security & Cloud Engineering, Data Science and several other areas such as insurance, business, security, and operations.

Living Mutual has always been at the core of MassMutual’s purpose. Since 1851, MassMutual’s mutual way of life has been reflected in its various initiatives, be it Social Responsibility, Corporate Governance, or Diversity & Inclusion.

With the opening of our Hyderabad facility, you’ll not only get to work in our innovative, state-of-the-art Global Capability Centre, you’ll also be supported by colleagues in our global MassMutual community.

Spread across 73000+ square feet facility on the 7th floor of BSR IT SEZ, the Global Capability Center in Hyderabad can house more than 600 employees. Located at the heart of Financial District, the facility boasts of work class infrastructure and amenities, enabled by state-of-the-art technology and security systems. In-house gymnasium / aerobics center, yoga room, indoor games room, mothers’ / wellness room, 200+ seater cafeteria, high-rise & lounge seating are some of the amenities available for the employees. The SEZ facility will also provide common creche and eat-out restaurants in the building premises, once operational.

Join us now to collaborate with teams across the world on projects and initiatives that will contribute to the growth of MassMutual as a global financial services leader.

Why Work With Us

MassMutual is leading the financial services industry in digital enablement, and the new MassMutual
India Global Capability Center is a result of this effort. We are here to empower careers and help
people secure their futures through innovation and technology.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

MassMutual India Offices

OnSite Workspace

Typical time on-site: None
Company Office Image
Hyderabad, Telangana

Similar Jobs

MassMutual India Logo MassMutual India

Senior Associate

Big Data • Fintech • Information Technology • Insurance • Financial Services
In-Office
Hyderabad, Telangana, IND

MassMutual India Logo MassMutual India

Data Engineer

Big Data • Fintech • Information Technology • Insurance • Financial Services
In-Office
Hyderabad, Telangana, IND

MassMutual India Logo MassMutual India

Data Engineer

Big Data • Fintech • Information Technology • Insurance • Financial Services
In-Office
Hyderabad, Telangana, IND

MassMutual India Logo MassMutual India

Project Manager

Big Data • Fintech • Information Technology • Insurance • Financial Services
In-Office
Hyderabad, Telangana, IND

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account