Function: Fund Services
Job Type: Permanent
Location: Bangalore
Work Mode: Hybrid
Shift- UK shift
Job Title: Senior Fund Accountant – Hedge Fund & Private Equity RoleThe Senior Fund Accountant will be responsible for end-to-end accounting, reporting, and investor servicing for Hedge Fund and Private Equity clients. The role involves reviewing NAV packs, managing capital activity, ensuring accuracy of financial statements, and acting as a key point of contact for internal teams, auditors, and clients. The ideal candidate will possess strong product knowledge, analytical skills, and prior experience in alternative investment fund accounting.
Key Responsibilities Fund Accounting & NAV
- End-to-end NAV calculation and review for Hedge Funds and Private Equity Funds
- Review portfolio valuation, accruals, amortizations, and expense allocations
- Reconciliation of cash, positions, and market values with brokers, custodians, and administrators
- Ensure compliance with fund governing documents and accounting standards (US GAAP / IFRS)
- Review management fee, incentive fee/carried interest, hurdle, and waterfall calculations
- Process corporate actions, pricing updates, FX translations, and income allocations
- Prepare and review financial statements, investor reports, and NAV packs
Support year-end audit process and respond to auditor queries Capital Activity Management (Private Equity)
- Process and review capital calls, distributions, equalization, and commitment tracking
- Maintain partner capital accounts and waterfall models
Monitor unfunded commitments and capital activity schedules Client & Stakeholder Management
- Act as primary contact for clients on accounting & reporting deliverables
- Coordinate with operations, investor services, tax, and valuation teams
- Identify process improvement opportunities and support system migrations/automation
Controls & Quality
- Ensure strong control framework and documentation standards
- Perform review of junior team members’ work
- Adhere to SLA/TAT and minimize operational risk and breaks
Required Qualifications & Experience
- Bachelor’s or Master’s degree in Accounting/Finance/Commerce
- Professional qualifications preferred: CA/CPA/CFA/ACCA (or pursuing)
- 6+ years of experience in Fund Accounting, preferably in Hedge Funds and/or Private Equity
- Strong understanding of:
o NAV calculation o Capital accounts & waterfalls o Partnership accounting
- Experience working with fund administrators or asset management firms
- Hands-on experience with fund accounting systems Geneva
- Advanced Excel skills
- Familiarity with Bloomberg/Reuters pricing feeds is preferred
- Strong analytical and problem-solving ability
- Excellent communication and stakeholder management skills
- Ability to work independently and lead small teams
- Strong attention to detail and quality mindset
- Ability to manage multiple deadlines in a fast-paced environment
Key Advantages (Good to Have)
Knowledge of derivatives, complex instruments, and side pockets (Hedge Funds)
- Experience in closed-ended structures, SPVs, and co-investments (Private Equity)
- Exposure to US, EU, or APAC fund structures and regulatory regimes
CSC is a global business, legal, and financial services company based in Wilmington, Delaware, USA, providing knowledge-based solutions to clients worldwide. We have offices and capabilities in over 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, and more than 8,000 colleagues. We are the business behind business.®
Visit our careers site to learn more about CSC and our commitment to our clients, communities, and each other.
CSC is committed to creating a feeling of belonging through a diverse and growth-oriented environment where everyone is valued.
CSC colleagues have global career opportunities and excellent benefits, including annual success-sharing bonuses or commission plans based on individual performance. To learn more, visit cscglobal.com/service/careers.
We offer a range of support to colleagues with disabilities, ensuring people have the necessary resources to thrive in their roles. We encourage candidates to work closely with our talent acquisition partners to convey their specific needs. Our commitment to accessibility reflects our broader dedication to diversity and belonging,
CSC only accepts resumes from employment agencies that are part of our approved supplier program. Resumes submitted from other agencies either to talent acquisition, our hiring leaders, employees, or through any other mechanism other than our supplier process, will not be eligible to claim related fees and the submitted resumes will be considered property of CSC.
We encourage candidates to apply directly to our website and not through third-party sources.
Disclaimer: The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications.
- CSC is a great place to work with smart and dedicated people.
- We have won several employer recognition awards, including Top Workplace USA, Great Places to Work India, and Built In’s Best Places to Work.
- We offer fulfilling work and career opportunities. Most positions are filled with internal moves and employee referrals.
- Employees are eligible for Success Sharing, bonuses, or commission plans based on role and individual performance.
- CSC offers a competitive and comprehensive benefits package that includes annual leave, tuition reimbursement, referral bonuses, and more.
- As business needs allow, CSC offers hybrid or remote work schedules in alignment with local regulations. Specific details for this position will be discussed during the interview process.
