MUFG

Global bank offering diversified financial services

Associate – Fund Accounting

Financial AccountingConfirmed live in the last 24 hours

Full-timeIndiaNo salary listedIn-person

About the Job

Requirements

0–2 years of experience in accounting, fund administration, audit, or financial services.
Strong proficiency in Microsoft Excel, including financial analysis and data management.
Ability to prepare NAVs and understanding of fund accounting principles and NAV calculations.
CPA, ACCA, CMA, or progress toward a professional designation is considered an asset.
Exposure to private equity, investment funds, or financial reporting is an asset.
Cash, security, and portfolio reconciliation experience is preferred.
Experience supporting audits, financial statements, or regulatory reporting is beneficial.
Ability to produce accurate work, assess complex financial data, identify discrepancies, manage deadlines and priorities, and take ownership of responsibilities.
Ability to communicate clearly and professionally, work effectively with teams and stakeholders, and respond to changing priorities and client needs.
Commitment to confidentiality, ethical standards, professional conduct, and developing technical knowledge and industry expertise.

Responsibilities

Support the preparation and review of Net Asset Values (NAVs), fund accounting records, accruals, and account reconciliations for timely and accurate financial reporting.
Assist in valuing portfolio investments by applying established methodologies, validating pricing inputs, and following fund documentation, accounting standards, and valuation policies.
Execute and monitor investor transactions, including capital calls, distributions, subscriptions, redemptions, and investor allocations, while maintaining accurate records and reporting.
Calculate management fees, carried interest, and distribution waterfall allocations according to fund agreements and partnership terms.
Deliver NAVs, valuations, and fund accounting activities accurately and on schedule.
Maintain data accuracy through reconciliations, reviews, and compliance checks.
Collaborate with clients, auditors, and internal teams to deliver key work on time.
Follow fund documentation, valuation policies, regulatory requirements, procedures, service standards, and governance frameworks.
Prioritize tasks and manage deadlines across multiple funds and reporting cycles.
Support operational efficiency and process improvement initiatives.
Prepare client deliverables, audit support documentation, and regulatory reporting packages.
Use Excel and fund accounting systems to improve operational efficiency and reporting accuracy.
Work with global client service teams according to established procedures to ensure consistent service delivery.
Provide timely updates and respond to stakeholder requests.
Build and maintain working relationships with clients and internal stakeholders; meet deadlines and take ownership of assigned deliverables.
Share knowledge and best practices, support colleagues, and contribute to team objectives.
Identify, assess, and mitigate operational, valuation, and reporting risks; maintain controls through reconciliations, reviews, and validation.
Ensure financial and investor records are accurate and complete.
Support audits and regulatory reviews by providing timely, accurate documentation.
Escalate and resolve exceptions, discrepancies, and control gaps.
Continuously develop fund accounting, reporting, and technical expertise.

Desired Qualifications

Exposure to private equity, investment funds, or financial reporting.
Cash, security, and portfolio reconciliation experience.
Experience supporting audits, financial statements, or regulatory reporting.
CPA, ACCA, CMA, or progress toward a professional designation.

Overview

Support the administration and financial operations of private equity funds by assisting in the preparation of net asset valuations (NAVs), portfolio valuations, capital calls, distributions, investor allocations, and management fee calculations. Maintain accurate fund accounting records, perform reconciliations, and contribute to financial reporting, audit support, and client deliverables. Ensure all activities are executed in compliance with fund governing documents, valuation policies, regulatory requirements, and internal control standards while delivering high-quality service to stakeholders.

Key Accountabilities and main responsibilities

Strategic Focus

Support the preparation and review of Net Asset Values (NAVs), fund accounting records, accruals, and account reconciliations to ensure timely and accurate financial reporting.
Assist in the valuation of portfolio investments by applying established valuation methodologies, validating pricing inputs, and ensuring adherence to fund documentation, accounting standards, and valuation policies.
Execute and monitor investor transactions, including capital calls, distributions, subscriptions, redemptions, and investor allocations, while maintaining accurate investor records and reporting.
Calculate management fees, carried interest, and distribution waterfall allocations in accordance with fund governing agreements and partnership terms, ensuring accuracy and transparency.

Operational Management

Deliver NAVs, valuations, and fund accounting activities accurately and within established timelines.
Maintain data accuracy through reconciliations, reviews, and compliance checks.
Collaborate with clients, auditors, and internal teams to ensure timely delivery of key deliverables.
Ensure adherence to fund documentation, valuation policies, and applicable regulatory requirements.
Effectively prioritize tasks and manage deadlines across multiple funds and reporting cycles.
Support operational efficiency initiatives and process improvement efforts.
Prepare client deliverables, audit support documentation, and regulatory reporting packages.
Leverage Excel and fund accounting systems to enhance operational efficiency and reporting accuracy.
Collaborate with global client service teams in accordance with established procedures to ensure consistent service delivery.
Provide clear and timely updates and respond effectively to stakeholder requests.
Build and maintain strong working relationships with clients and internal stakeholders.
Demonstrate ownership of assigned deliverables and consistently meet deadlines.
Support team development by sharing knowledge and best practices.
Contribute to team objectives and provide support to colleagues as needed.

Governance & Risk

Ensure adherence to fund documentation, valuation policies, and applicable regulatory requirements.
Identify, assess, and mitigate operational, valuation, and reporting risks.
Maintain a strong control environment through reconciliations, reviews, and validation processes.
Ensure the accuracy and completeness of financial and investor records.
Support audits and regulatory reviews by providing timely and accurate documentation.
Promptly escalate and resolve exceptions, discrepancies, and control gaps.
Comply with established procedures, service standards, and governance frameworks.
Deliver high-quality service and foster trusted stakeholder relationships.
Continuously enhance fund accounting, reporting, and technical expertise.

Experience & Personal Attributes

Experience

0–2 Years – Accounting, fund administration, audit, or financial services experience.
Exposure to private equity, investment funds, or financial reporting is an asset.
Experience with NAV Preparation – Understanding of fund accounting principles and NAV calculations.
Reconciliation Experience – Cash, security, and portfolio reconciliation experience preferred.
Financial Reporting Exposure – Experience supporting audits, financial statements, or regulatory reporting is beneficial.
Microsoft Excel – Strong proficiency required, including financial analysis and data management.
Professional Qualifications – CPA, ACCA, CMA, or progress toward a designation is considered an asset.

Personal Attributes

Produces accurate, high-quality work with minimal errors.
Able to assess complex financial data and identify discrepancies.
Takes ownership of responsibilities and follows through on commitments.
Effectively manages multiple deadlines and priorities.
Proactively identifies issues and implements practical solutions.
Communicates clearly and professionally with clients and colleagues.
Works effectively in a team-oriented environment and supports shared goals.
Responds well to changing priorities and evolving client needs.
Demonstrates a service-oriented mindset and commitment to delivering value.
Shows initiative in developing technical knowledge and industry expertise.
Maintains confidentiality, ethical standards, and professional conduct.
Performs well under pressure in a fast-paced, deadline-driven environment.

About the Company

MUFG

Global bank offering diversified financial services

MUFG is a major global financial group that provides a wide range of banking and financial services, including commercial and trust banking, securities, credit cards, and asset management. Its products are delivered through a network of domestic and international banks, digital platforms, and financial advisers, offering loans, deposits, payments, investment services, and asset management. MUFG stands out due to its size and scale as one of the world’s largest financial groups, its diversified offerings across banking and securities, and its strong international presence (notably expanding in the U.S. after investing in Morgan Stanley in 2008). Its goal is to support economic growth worldwide by expanding its global footprint and promoting sustainable finance.

Company size: 10,001+
Company stage: IPO
Headquarters: Tokyo, Japan
Founded: 2006

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