Management Trainee
- Recruiter
- Intertrust India
- Location
- Bangalore City, Bangalore (IN), Mumbai
- Salary
- Not disclosed
- Posted
- 24 Sep 2021
- Closes
- 24 Oct 2021
- Approved employers
- Approved employer
- Job role
- Trainee accountant
- Sector
- Accounting - Public practice
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Part qualified
The position:
Your responsibilities as a core member of our Private Equity team will be incredibly diverse, including working with complex international clients and securitization structures and supporting our clients and team members achieve positive results
Your responsibilities:
• Knowledge of private equity/ debt fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure. • Knowledge on the role of Investors’ classes, GP class, carry class, Affiliated / Non-affiliated classes.
• Recording investor’s commitments and knowledge on accounting of initial/subsequent/late closings.
• Processing capital activities, i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules. Processing and understanding the role of Master-feeder capital transactions.
• Responsible for booking trading and non-trading transactions and finalizing books of accounts.
• Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European & American waterfall methods.
• Computation of management fees in various periods, preferred returns and carried interest computations.
• Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple.
• Handling Investor reporting, Fund level reporting and ILPA reporting (optional)
• Interacting with clients on various accounting/operational issues • Knowledge of Operations and accounting of Bank debts, TRS, MBS, CLO instruments.
Your profile:
We are looking for individuals who:
• Qualified ACCA (Affiliates/Members) or equivalent with consolidation/ other GAAP • 0-7yrs experience in Financial Services / Capital Markets Industry
• Demonstrable accomplishments relating to organizational change activities in a fast-paced environment.
• Willing to work in global shifts.
• Are good team players, independent, meticulous, pro-active, attentive to details, self-motivated and able to adapt in new challenges
• Excellent verbal and written communication in English.
• Strong problem-solving skills.