Assistant Manager, Fund Administration (Accounting) - India

📋 Description

• • Juniper Square is at the forefront of revolutionizing private markets, aiming to democratize access to assets like commercial real estate, private equity, and venture capital. By digitizing these markets, we are injecting much-needed efficiency, transparency, and accessibility into a significant segment of our financial ecosystem. If you are passionate about leveraging technology to improve financial markets and thrive in a values-driven organization, Juniper Square offers a unique and impactful career opportunity.
• • We embrace a digital-first operational strategy, enabling seamless collaboration across our global teams spanning 27 U.S. states, 2 Canadian Provinces, India, Luxembourg, and England. While we support a variety of work arrangements, including fully remote, we also maintain physical offices in San Francisco, New York City, Mumbai, and Bangalore for those who prefer an in-office environment.
• • As an Assistant Manager in Fund Accounting, you will play a pivotal role in the day-to-day operations of our fund accounting department. This position is crucial for ensuring the accurate and timely recording of financial transactions, maintaining the integrity of Net Asset Value (NAV) calculations, and upholding strict compliance with all relevant regulatory mandates. You will be an integral part of a dynamic team, contributing to the growth and success of Juniper Square while advancing your professional expertise in the complex field of fund administration.
• • Your core responsibilities will involve the meticulous execution of daily transaction processing. This includes managing trade settlements, accurately accruing income and expenses, and handling corporate actions with precision. A key aspect of this role is ensuring that all recorded transactions strictly adhere to the specific guidelines and policies of each fund, maintaining the highest standards of financial integrity.
• • A significant part of your contribution will be in assisting with the calculation of the Net Asset Value (NAV) for a portfolio of assigned funds. This involves actively participating in the valuation of diverse fund assets, meticulously calculating income distributions, and performing thorough reconciliations to identify and resolve any discrepancies that may arise, ensuring the accuracy of fund performance metrics.
• • You will be instrumental in supporting the preparation of critical financial reports. This includes assisting with the generation of comprehensive financial statements, detailed investor reports, and essential regulatory filings. A sharp eye for detail will be required to verify the accuracy of all financial data presented and to proactively address and resolve any identified discrepancies before they impact reporting.
• • A fundamental duty of this role is to conduct regular reconciliations. This encompasses daily, monthly, and annual reconciliation processes for fund holdings, cash balances, and various other portfolio-related data points. Your ability to investigate and rectify any variances or discrepancies promptly and efficiently will be paramount to maintaining accurate fund records.
• • Ensuring adherence to all applicable regulatory requirements and industry best practices is a non-negotiable aspect of this position. You will be responsible for ensuring that all fund accounting practices align with these standards and will play a role in maintaining meticulous and organized fund accounting records and supporting documentation.
• • Beyond technical responsibilities, you will contribute to the team's success by providing mentorship and leadership to junior team members. You will act as a go-to resource, offering guidance, sharing knowledge, and assisting in the training of newer staff, fostering a collaborative and supportive team environment.
• • This role demands an individual who can thrive in a demanding, fast-paced environment, demonstrating resilience and a client-focused approach. The ability to manage multiple priorities effectively while maintaining a high level of accuracy is essential for success in this position. You will be a key contributor to the operational excellence of Juniper Square's fund administration function.