Junior Accountant - Fund Accountant

Role Details:

Designation	Junior Accountant	Department	Fund Accounting
Grade	6B	Sub Grade	Intermediate Level
Role	US Accounting	Process	Fund Accounting
Reporting to	ATL/TL	Department Head	VP/Sr. VP

IJP Criteria:

• A minimum of one year's continuous employment with the organization is mandatory.
• Employee must have received "Met Expectation" & above rating in last appraisal.
• Employees who have been promoted in the past year through an appraisal IJP are ineligible to reapply through IJP.
• Employees may apply for roles at the same level as their current position for Lateral IJP.
• Employees must not be on a Corrective Action Plan (CAP) or have received any formal warnings from HR.
• Employees must remain with the organization for at least one year after being promoted through the internal job posting (IJP) process.
• A minimum tenure of 18 months in the new role is mandatory before employees can apply for any subsequent role change or IJP.
• This internal job posting (IJP) is for Mumbai location, wherein employees can work on Hybrid work environment.
• Employees who were rejected in a recent internal job posting (IJP) are ineligible to apply for new IJPs for six months following the month of their rejection.
• Employees currently on notice period must withdraw their resignation if they wish to apply through the internal job posting (IJP) process.

Interview & Selection Process:

• Application Review: The HR team will verify all applications according to IJP criteria.
• Round One: The recruitment team, along with the hiring manager and department head, will conduct interviews to evaluate candidates based on the assessment criteria.
• Round Two: Global CHRO and the COO will review and approve the final fitment.

Desired Skills:

Qualifications

• Bachelor's degree in Commerce, Accounting, Finance, or related field.
• Professional certifications (CA Inter / CPA pursuing / CFA Level 1) preferred but not mandatory.

Experience

• 0–2 years of experience in fund accounting, financial services, or accounting roles.
• Freshers with strong academic grounding and internships in finance/accounting are encouraged to apply.

Skills & Competencies

• Strong understanding of accounting fundamentals.
• Basic knowledge of private equity / capital markets concepts preferred.
• High attention to detail and analytical mindset.
• Proficiency in Excel and familiarity with financial systems/tools.
• Good communication skills and ability to work in a team environment.

Job Description:

Fund Accounting & Operations

• Assist in maintaining books and records for private equity funds (LP/GP structures).
• Support preparation of NAV calculations, capital account statements, and financial reports.
• Process capital calls, distributions, and investor allocations.
• Track fund activity including investments, exits, management fees, and expenses.
• Maintain accuracy and completeness of fund-level data.

Financial Reporting

• Support preparation of periodic financial statements in line with applicable accounting standards (US GAAP/IFRS exposure preferred).
• Assist in investor reporting, including capital account statements and performance summaries.
• Reconcile custody statements, bank accounts, and investment positions.

Reconciliations & Controls

• Perform daily/monthly reconciliations of cash, securities, and investor balances.
• Identify breaks and support timely resolution.
• Ensure adherence to internal controls and audit requirements.

Stakeholder Coordination

• Work closely with internal teams (operations, client service, reporting).
• Support interactions with auditors, fund administrators, and clients as required.

Additional Details:

Qualification	Graduate in Commerce / Postgraduate in Commerce
Language Proficiency (If Any)	English, Hindi, Marathi.
Required Certifications (If Any)	Any relevant certificate related to client communication
Computer Proficiency & specifications	Sound Knowledge of MS Office, mainly MS Excel and MS Word
Behavioral Competencies (ASK Framework)	Should be a cultural fit for Pacific Group of companies