Fund Accounting Manager - Private Equity

About TMF Group

TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world. As we’re a global company with 11,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.

TMF India is a Great Place to Work, ISO & ISAE certified organization.

Discover the Role

It is an area experiencing significant growth in TMF, thus providing an opportunity for great career development.

Key Responsibilities

• Review & Oversight
  • Review complex Private Equity accounting components, including advanced waterfall structures, performance fee models, equalisation mechanisms, and non‑standard capital events.
  • Review compliance with fund legal documents, including side letters, management agreements, advisory agreements, valuation policies, and other governing documents, ensuring accurate interpretation and correct application of fund terms.
  • Troubleshoot exceptions and high‑complexity scenarios, such as bespoke investor arrangements, special allocations, multi‑class structures, and valuation‑driven adjustments.
  • Review NAV calculations, investor allocations, and capital account statements.
• Financial Statements & Compliance
  • Review quarterly and annual financial statements prepared under IFRS/US GAAP.
  • Ensure compliance with regulatory requirements and client‑specific mandates.
  • Liaise with auditors during year‑end audits and resolve queries efficiently.
• Investor Reporting
  • Review investor reports, capital call notices, and distribution notices for accuracy and completeness.
  • Ensure timely delivery of reports to clients and investors.
• Process & Quality Control
  • Implement and monitor internal controls to minimize errors and operational risks.
  • Drive continuous improvement initiatives across fund accounting processes, leveraging automation and standardization to enhance reporting efficiency and control.
  • Ensure adherence to Service Level Agreements (SLAs) and maintain consistent delivery against agreed timelines and quality standards.
  • Support compliance with SSAE requirements, ensuring proper documentation, control execution, and audit readiness.
• People Management & Leadership
  • Supervise and mentor a team of fund accountants, providing guidance and technical support.
  • Conduct performance reviews, set objectives, and manage career development plans.
  • Foster a collaborative and high‑performance culture within the team.
  • Manage workload allocation and ensure deadlines are met across the team.

Key Requirements

• Education:
  • Master’s degree in accounting, Finance, or Commerce.
  • Professional qualification (CA, CPA, ACCA) preferred.
• Experience:
  • 7 and above years of experience in fund accounting, with at least 5 years in a review or supervisory role.
  • Strong understanding of Private Equity, Real Estate, and Private Debt fund structures and waterfall calculations.
• Technical Skills:
  • Proficiency in accounting systems Investran, eFront, and Yardi.
  • Knowledge of Lux GAAP, IFRS/US GAAP and partnership accounting.
• Soft Skills:
  • Provide supervision, technical guidance, and oversight to Fund Accountants and Account Managers.
  • Conduct performance evaluations, set objectives, and manage team development.
  • Promote a collaborative, high‑performance culture, ensuring effective workload distribution and strong team motivation.
  • Deliver project management support by implementing local office initiatives and translating requirements into clear team actions.
  • Coordinate project timelines and deliverables while maintaining BAU standards.

What’s in it for you?

Pathways for career development

• Work with colleagues and clients around the world on interesting and challenging work.
• We provide internal career opportunities, so you can take your career further within TMF.
• Continuous development is supported through global learning opportunities from the TMF Business Academy.

Making an impact

• You’ll be helping us to make the world a simpler place to do business for our clients.
• Through our corporate social responsibility program, you’ll also be making a difference in the communities where we work.

A supportive environment

• Strong feedback culture to help build an engaging workplace.
• Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work‑life balance to perform at your best.

Other Benefits

• Marriage Gift policy
• Paternity & Adoption leaves
• Interest free loan policy
• Salary advance policy
• Wellbeing initiatives