M&G India | Senior Manager – Fund Accounting Oversight Specialist – Private Assets

Key responsibilities/ accountabilities

• This role is responsible for end-to-end oversight of NAV production, fund accounting, and financial reporting across M&G’s private markets platform, covering a diverse range of structures and jurisdictions.
• The role plays a critical part in ensuring the accuracy, timeliness, and integrity of fund reporting, safeguarding investor outcomes, and strengthening M&G’s risk and control environment within an outsourced operating model.
• The position also contributes to the ongoing evolution of the fund accounting oversight framework, driving standardization, efficiency, and enhanced governance.
• Deliver robust NAV and financial reporting oversight across assigned funds, ensuring adherence to SLA timelines, accuracy thresholds, and regulatory requirements.
• Work closely with onshore and offshore partners, including India based colleagues.
• Act as a subject matter expert for fund accounting oversight, including Fund, Financial Reporting and Costs & Charges.
• Perform error and risk validation, analyse control failures, support remediation activity and contribute to Risk & Compliance investigations.
• Drive continuous improvement across processes, controls and oversight.
• Manage complex internal and external stakeholder queries.
• Build and maintain relationships with TPAs and internal partners.

Requirements

• Strong technical expertise in fund accounting, NAV oversight, and financial reporting, with knowledge of regulations across key jurisdictions (UK, Ireland, Luxembourg).
• Solid understanding of private markets structures and asset classes (e.g., LP/GP, ICAV, RAIF; private debt, real estate, alternative credit) and associated valuation methodologies.
• Experience working within an outsourced operating model, with the ability to effectively oversee and challenge third-party administrators (TPAs) and financial outputs.
• Strong analytical and problem-solving capability, with the ability to assess NAV errors, control issues, and drive timely resolution.
• Proven ability to operate with independence, sound judgement, and accountability in a governance-driven environment.
• Effective stakeholder management and communication skills, with the ability to influence TPAs, auditors, and internal teams.
• Min 5 years of experience in Fund accounting oversight or fund financial reporting oversight with at least 2–3 years in a supervisory or managerial role.
• Graduate/Postgraduate in Commerce, Accounting, or Finance. Professional certifications (e.g., CFA, CA, MBA Finance) are a plus.

M&G plc

M&G traces its origins to 1931, when it launched one of the first unit trusts in the United Kingdom. It became a separate listed company in October 2019, when Prudential plc completed the demerger of M&G plc and its shares were admitted to the main market of the London Stock Exchange. The group is based in the UK and manages savings and investments for retail and institutional clients. In India it operates through M&G Global Services Private Limited, set up in 2003, with offices in Powai in Mumbai and Viman Nagar in Pune. The India unit works with colleagues worldwide on business transformation, digital capability and operations. M&G plc itself does not offer financial services in India.

Finance hiring is mainly in Mumbai, with one treasury-systems role in Pune. Postings cover fund accounting oversight for private and public assets, balance sheet accounting, bond reporting, finance consolidation, treasury support on Kyriba, investment compliance, leveraged finance research and private markets research. Seniority runs from manager to vice president and head of function. The consolidation roles ask for a qualified CA with investment-industry experience (six years for one role and fourteen for the senior one), while others prefer CFA, CA, MBA Finance or FRM.

• Industry: Savings and investments: asset management, life and pensions, and wealth, with a focus on public and private markets
• Headquarters: London, United Kingdom (listed on the London Stock Exchange)
• In India: M&G Global Services Private Limited, established in 2003, with offices in Mumbai (Powai) and Pune (Viman Nagar) serving as the group's innovation and digital hub