Ahmedabad
Posted 1 month ago
Company: An incubator for startups.
Job description:
As an Associate – Fund Management & Accounting you will work closely with the finance team on the following responsibilities :
- Accounting, Compliance & Investor Relations:
- Maintenance of accurate books of accounts of the Fund and Fund Manager
- Taking care of the entire accounts payable function and invoice processing
- Accounting, verification and checking of employee reimbursements on regular intervals
- Assist in the preparation of the quarterly financial statements, cash-flow statements and NAV
- Assist with making foreign remittances and prepare Form 15CA/15CB
- Assist in preparing the necessary documentation for foreign inwards and coordinate with the bank
- Other statutory compliance & taxation (including TDS & GST) as per applicable laws in India
- Assist in preparing/filing statutory filings/forms like Form 64D, FLA Return, FATCA, CRS portal, INVI-RBI, SEBI Return, Benchmarking data to Credit Rating Agencies, Form 26Q/27Q, K1 filings for US Investors etc.
- Prepare and update IRR workings on a regular basis
- Provide various documents, reports and information as and when required to investors/partners
- Coordinate with bankers, partners and investors for opening of demat accounts for foreign investors.
- Drawdown:
- Calculation of expenses for Management fees for the fund
- Calculation of each contributor’s share in the total drawdown
- Preparation and finalization of drawdown notices and sending them to the contributors/LPs
- Assist for post drawdown compliances for sending receipts, issuance of unit statements etc.
- Prepare and update reports on funds called vs disbursed on a regular basis.
- Audit and valuation:
- Assist team in providing necessary data for statutory and PPM audits and valuations
- Scheduling audit and concluding it with minimal queries
- Finalization of audited financial statement for Fund and its affiliates.
Key Skills/ Abilities:
- Proficiency in Excel and Meticulous in Accounting
- Excellent in written and verbal communication and presenting data.
Qualification/ Experience Required:
- M.Com./ CA Inter/ CA having 3-5 years of relevant experience
- Strong knowledge of the Income Tax Act, Companies Act, GST, SEBI (AIF) Rules etc.