Accountant 3 - Fund Accounting

1w1 week ago

IQ-EQ

Hyderābād, IN · Full-time · INR 1,000,000 – INR 1,800,000

About this role

IQ-EQ is a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance for the investment sector worldwide. With a global workforce of 6,500+ people across 24 jurisdictions and assets under administration exceeding US$857 billion, we work with 13 of the world’s top-15 private equity firms. Our services are underpinned by ESG commitment and best-in-class technology including Investran and Paxus platforms.

This role delivers timely, accurate, and high-quality fund accounting services to private equity and fund clients under supervisor guidance. It focuses on core accounting processes, low-complexity ad hoc tasks, standard client deliverables, NAV preparation, financial statements, capital calls, distributions, investor reporting, and payment processing. The position also supports onboarding and system conversions of private equity funds onto platforms like Investran and Paxus.

Work closely with internal teams to ensure compliance with firm policies, regulatory requirements, and client SLAs in a collaborative, high-performing delivery environment. Perform self-reviews for continuous improvement and quality outcomes while acting as backup for senior roles. Monitor deliverables through workflow tools and respond to client, investor, and internal queries within defined timeframes.

Driven by our Group purpose to power people and possibilities, we operate as trusted partners delivering intelligent solutions through technical expertise and strong client relationships. Contribute to maintaining compliance with internal policies, SSAE requirements, and risk controls while escalating issues promptly. Join a team committed to ESG and innovative proprietary tools supported by in-house experts.

Requirements

Must have PAXUS experience
Strong understanding of private equity fund accounting processes
Proficiency in NAV calculations, financial statements, and investor reporting
Familiarity with Investran and Paxus platforms for fund administration
Experience supporting onboarding and system conversions of private equity funds
Knowledge of client agreements, SLAs, and reporting requirements
Ability to perform self-reviews and ensure compliance with regulatory and SSAE requirements

Responsibilities

Prepare and complete NAV calculations, financial statements with disclosures, journal entries, capital call and distribution workings, investor notices, and recurring fund and client reporting within agreed timelines.
Ensure accuracy, completeness, and timeliness of all deliverables by acquiring a strong understanding of client agreements, scopes of work, SLAs, and reporting requirements, and addressing review comments effectively.
Support onboarding of new private equity funds and assist with accounting platform conversions to Investran and Paxus, including preparation of supporting schedules, working papers, and management accounts.
Maintain compliance with internal policies, procedures, SSAE requirements, and risk controls, promptly identifying, escalating, and supporting resolution of errors, breaches, or operational risks.
Manage workflow and client communication by monitoring deliverables through workflow tools, responding to client, investor, and internal queries within defined timeframes, supporting teammates as required, and acting as a backup for senior roles when needed.

Benefits

Comprehensive annual compensation including basic salary, HRA, special allowance, provident fund contributions, gratuity, internet allowance, and food allowance
Medical insurance, group term life insurance, and group personal accident insurance
Transportation or transportation allowance and shift allowance
Generous paid leave to support work-life balance