Job Description

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Job Listing: Finance FS- Private Equity - Senior
Job Listing Detail: At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
EY- Finance FS - Senior- Private Equity
As part of our EY-Finance FS Team, the individual will be responsible for working closely with Managers.
The opportunity
We need a GP accounting expert to execute key functions such as accounting, reporting, and financial analysis. You'll manage fund budgets, ensure compliance, and work with leadership to enhance client services.
Your key responsibilities:

• Candidate should be Private equity finance SME and he/she should have worked exposure in PE sector.
• Execute the following Finance Private Equity solutions using Global service delivery framework:

• Preparation of quarterly financial statements and allocations files of General Partner entities and other carried interest vehicles
• Preparation of quarterly reporting packs for internal Partners, Principals and Vice-Presidents
• Preparation of cash planning analyses and forecasts for CFO and executive management
• Coordination with teams regarding transaction correspondence and quarterly reporting
• Preparation of ad-hoc requests from:

• Current and former carried interest participants

• External parties (ex: tax advisors, attorneys, financial planners, etc.)
• Internal parties (CFO, Fund Accounting, Tax Accounting, Legal Group, etc.)
• Demonstrate a good understanding of accounting concepts; stay informed of professional standards and firm policies and effectively apply this knowledge to moderately difficult and/or complex client situations.
• To prepare periodic valuation reconciliations of fund draw downs and distributions, accruals, expenses etc.
• To provide input in relation to the review and monitoring of existing business process, procedures, and checklists to maximise efficiency and productivity in the Private Equity Team.
• Follow through on client requests in a timely fashion and manage expectations regarding the timing of deliverables and reports.
• Identify engagement and client service issues.
• Benchmark client financial data to industry data to make possible recommendations for improvements.
• Work on the internal financial controls and procedures as applicable to PE clients.
• Stay updated on changes in regulations that may impact the fund's operations.
• Liaise with external auditors, tax advisors, and legal counsel as needed and Ensure compliance with all relevant regulatory requirements.
• Work collaboratively with Manager and Senior leaders.

Skills and attributes for success:

• Good understanding of Private Equity Finance and Accounting operations
• Candidate from consulting background in PE finance would be an added advantage.
• Working knowledge of ledger/subledger and financial ERPs.
• Technical accounting research and advice on potential accounting challenges for Private Equity clients.
• Strong financial modelling and analytical skills.
• Excellent communication and interpersonal skills, with the ability to interact with investors and senior management.

Qualifications:

• 6+ year of strong work experience in GP accounting and reporting
• Strong work experience with Microsoft Dynamics 365, FIS Investran, Coupa, Power BI and Workday
• Qualified CA, CPA or CMA
• Immediate Joiners only
• Location-Bangalore

EY | Building a better working world
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

Skills Required