Alter Domus India | Senior Fund Accountant, Private Credit

Responsibilities

• As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
• Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
• The opportunity to invest in our growth and success through our Employee Share Plan
• Perform end-to-end Net Asset Value (NAV) calculation for private credit funds on a monthly, quarterly, and annual basis.
• Review and approve monthly, quarterly, and annual NAV pack.
• Maintain accurate accounting records for investment portfolios, including loan investments, interest accruals, fee calculations, realized and unrealized gains/losses, and other fund transactions.
• Validate waterfall calculations, management fees, carried interest allocations, and investor allocation methodologies.
• Handle daily cash activities and notices on assigned funds.
• Prepare cash, Position and accrued interest reconciliation, Investigate and resolve breaks.
• Participate in annual audits, including preparation of financial reports and responses to auditor queries.
• Review annual and interim financial statements in accordance with US GAAP, LUX GAAP and IFRS.
• Identify opportunities for process improvements and support automation initiatives to enhance operational efficiency.
• Manage multiple client deliverables while ensuring adherence to service level agreements (SLAs).
• Support for professional accreditations such as ACCA and study leave.
• Process and monitor capital calls, investor contributions, distributions, redemptions, and related investor allocations.
• Sign off as reviewer on SOC1 checklist and support SOC external audit requests;

Your profile

• Strong understanding of private credit fund structures and debt instruments like Syndicated Loans, Direct Lending Investments, Mezzanine Debt, CLOs.
• Strong verbal and written communication skills.
• Ability to prioritize tasks, work on multiple assignments, and manage ambiguity.
• Ability to work both independently and as part of a team with professionals at all levels.
• Proficiency in Microsoft Excel.

Alter Domus

Alter Domus is a Luxembourg-headquartered provider of administration services to private markets and alternative investment managers. Its services cover fund administration, AIFM and depositary services, corporate services, loan agency and loan services, and technology and data tools such as fund accounting, investor management and portfolio data management. In India its teams are based in Hyderabad.

Its openings in India have been in Hyderabad. They have covered fund accounting for real estate and private credit funds, from fund accountant to senior fund accountant and fund services manager, along with reconciliation officers and managers, billing, client onboarding, corporate governance and delivery roles, and some positions serving EMEA clients.

• Industry: Fund and corporate services for alternative investments: fund administration, AIFM and depositary services, loan agency, fund accounting and corporate services
• Headquarters: Luxembourg
• In India: Hyderabad, Telangana