Assistant Manager, Fund Administration (Accounting) - India

About Juniper Square

Our mission is to unlock the full potential of private markets. Privately owned assets like commercial real estate, private equity, and venture capital make up half of our financial ecosystem yet remain inaccessible to most people. We are digitizing these markets, and as a result, bringing efficiency, transparency, and access to one of the most productive corners of our financial ecosystem. If you care about making the world a better place by making markets work better through technology – all while contributing as a member of a values-driven organization – we want to hear from you. 

Juniper Square offers employees a variety of ways to work, ranging from a fully remote experience to working full-time in one of our physical offices. We invest heavily in digital-first operations, allowing our teams to collaborate effectively across 27 U.S. states, 2 Canadian Provinces, India, Luxembourg, and England. We also have physical offices in San Francisco, New York City, Mumbai and Bangalore for employees who prefer to work in an office some or all of the time.

Position Overview:

As the Assistant Manager in Fund Accounting, you will be a key player in supporting the fund accounting operations. Your responsibilities will encompass assisting with the accurate recording of financial transactions, contributing to the maintenance of the Net Asset Value (NAV) of investment funds, and ensuring compliance with regulatory requirements. This role offers the opportunity to work closely with a team of professionals and further your career in the fund administration industry.

Location: India, Bangalore

Key Responsibilities:

Transaction Processing:

• Execute daily transaction processing activities, including trade settlements, income and expense accruals, and corporate actions.

• Ensure transactions are recorded accurately and in compliance with fund guidelines.

NAV Calculation:

• Assist in the calculation of the Net Asset Value (NAV) for assigned funds.

• Participate in valuing fund assets, calculating income distributions, and reconciling discrepancies.

Financial Reporting:

• Support the preparation of financial statements, investor reports, and regulatory filings.

• Verify the accuracy of financial data and resolve discrepancies.

Reconciliation:

• Conduct daily, monthly, and annual reconciliations of fund holdings, cash balances, and other portfolio-related data.

• Investigate and rectify any discrepancies in a timely manner.

Compliance and Documentation:

• Ensure that fund accounting practices comply with regulatory requirements and industry standards.

• Assist in maintaining accurate fund accounting records and documentation.

Team Support:

• Provide mentorship and leadership to team members and contribute to achieving team goals.

• Act as a resource for junior team members, providing guidance and training as needed.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field is preferred

• 4+ years of relevant experience in fund accounting

• Strong understanding of fund accounting principles and financial markets

• Proficiency in Microsoft Excel and familiarity with fund accounting software is a plus

• Strong analytical and problem-solving skills with a keen attention to detail

• Excellent communication and teamwork abilities

• Ability to thrive in a fast-paced, client-focused environment.