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Skills: Open-Ended Fund Accounting, NAV Methodologies, Series Accounting, Equalisation, Performance Fee Calculations
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Full-time, Temporary
bachelor degree, professional certificate
Basic Salary, HRA, Special Allowance, Provident Fund, Gratuity, Internet Allowance
Posted 29d ago
~40 hrs/week
Responsibilities
Act as the subject-matter expert for open-ended and evergreen fund mechanics, resolving complex technical queries and shaping accounting frameworks. Provide guidance on NAV methodologies, review financial statements, and mentor junior team members to ensure high-quality client service.
Requirements
Requires a degree in Accountancy, Business, or Maths, along with a professional accounting qualification (ACA/ACCA) or over 7 years of relevant experience. Must possess extensive expertise in evergreen fund accounting and the ability to apply IFRS/UK/US GAAP to investment funds.
Full job description
Company Description
We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 6,500+ people across 24 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms.
Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts.
Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding.
We’re driven by our Group purpose, to power people and possibilities.
Job Description
This Role
Senior Technical Lead responsible for providing expert guidance on open‑ended fund mechanics, resolving technical queries, shaping accounting frameworks, mentoring teams, and ensuring high‑quality client service across evergreen fund structures.
What You Will Do
You’ll act as subject-matter expert on open‑ended and evergreen fund mechanics, including NAV methodologies, series accounting, subscriptions/redemptions, equalisation, and performance fee/waterfall calculations.
You’ll resolve technical queries raised by Client Services and clients, review financial statements and complex deliverables, and provide clear technical guidance to internal teams.
You’ll support onboarding by assisting implementation teams with fund governing documents, fee calculations, and operational reviews, ensuring compliance with fund terms.
You’ll develop frameworks by creating review processes, guidance notes, templates, and technical updates, while maintaining an in‑house library of industry and accounting developments.
You’ll mentor and collaborate by training junior team members, building knowledge capabilities, identifying control weaknesses, and partnering with product and operations teams to design evergreen service models.
What we offer
Competitive Total Rewards Package: Comprehensive annual compensation including basic salary, HRA, special allowance, provident fund, gratuity, internet allowance, and food allowance.
Health & Insurance Coverage: Medical insurance, group term life insurance, and personal accident insurance.
Allowances & Support: Transportation/transport allowance and shift allowance.
Paid Time Off: Generous leave policy to support work–life balance.
Qualifications
About You
You hold a degree in Accountancy, Business, Maths, or a related discipline, with a professional accounting qualification (ACA/ACCA or equivalent) or 7+ years of relevant experience.
You bring extensive expertise in open‑ended or evergreen fund accounting, gained in asset management, fund administration, audit practice, or similar environments.
You possess strong technical knowledge of performance fee methodologies, subscription/redemption mechanics, equalisation approaches, series accounting, NAV reporting, and investor allocations.
You demonstrate practical skills in interpreting legal documents, applying IFRS/UK/US GAAP to investment funds, and reviewing financial statements including disclosures.
You add value with training capability through experience conducting training or knowledge‑sharing sessions, supported by intermediate proficiency in Microsoft Excel and strong communication skills.
Additional Information
OUR COMMITMENT TO YOU AND THE ENVIRONMENT
Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.
There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.
Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential. Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.
We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning.
We are IQ-EQ, a leading investor services group employing 6500+ people across 24 jurisdictions worldwide. We bring together that rare combination of global technical expertise and a deep understanding of our clients' needs.
We have the know how and the know you to deliver for our clients - fund managers, multinational companies, family offices and private clients operating worldwide.
Offices: 412F, route d'Esch, Luxembourg, L-2086, LU · 250 West 57th Street, 10th Floor,, New York, New York 10107,, US
corporate administration servicesfamily office servicesglobal accountingsconsolidation & tax compliance servicesglobal support solutions in Plug&Play modefund administration servicesdepositarycustody & securitization services3rd party AIFMprivate clients