Redesign Health transforms ideas into outcomes. At a pivotal time of change and opportunity, we build enduring companies and advise enterprise clients to advance sustainable innovation across the healthcare ecosystem. Our diverse capabilities and proprietary company creation process draw on the compounded knowledge gained from building 70+ healthcare companies. As a trusted partner, we accelerate innovation for healthcare organizations, provide advantages for founders, and create opportunities for investors.
Redesign Health is dedicated to launching AI-native healthcare ventures that transform how care is delivered and experienced. Like the startups we build, we embed AI deeply into all our operations, empowering our team to focus their creativity and expertise on the most complex challenges and high-impact opportunities. We're seeking curious, adaptable individuals who are excited to explore new ways of working, eager to constantly experiment, and committed to pushing the boundaries of what's possible at the intersection of human ingenuity and artificial intelligence.
Rethink. Reinvent. Redesign Health.
About the Job
As our
Fund Accounting Senior Lead
, you will be instrumental in managing the intricate accounting for our diverse US investment funds, while also reinforcing a best-in-class investor relations process and supporting our valuation function. You will also champion adoption of AI use cases across our fund administration functions. This is a unique opportunity to build, transform, and lead an AI-native function as we grow and scale new International funds. You will report to and work closely with our Controller, and will collaborate with the broader Redesign Health Strategy & Finance and Legal teams.
You will work out of our office location based in Bengaluru.
You must be willing to work hours that overlap 5 hours per day with Eastern Standard Time.
What you will do:
Develop and own our end-to-end fund accounting processes, including performing and booking fund accounting entries (primarily utilizing Allvue), preparing quarterly Net Asset Value (NAV) packages, and overseeing bank and trial balance reconciliations for all funds.
Champion the transformation of our fund administration processes to be AI-native.
Manage all aspects of the capital call and distribution processes for our funds, including notice preparation, investor communications, coordinating with legal counsel, and managing the execution of the flow of funds via banking institutions.
Oversee fund investor relations and reporting, including managing ad hoc investor requests as well as the preparation and distribution of Quarterly and Annual Partners Capital statements.
Manage the annual audit process for all applicable funds; gathering support, preparing comprehensive packages and liaising with external auditors and external fund administrators as needed.
Support capitalization table management and reporting for Redesign's various funds in partnership with our Strategy & Finance and Legal team.
Support tax compliance and reporting obligations for the funds, including assisting with generating K-1s and other required investor filings, supporting Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures for investors, and coordinating with external compliance vendors.
What you will need:
You have a CA or CPA (or equivalent license), with a Bachelor's degree in Accounting, Finance, or equivalent field.
You have a demonstrated track record of adopting and championing AI use cases within your function(s).
You have 6+ years of experience in fund accounting and fund administration within professional services, private equity, venture capital, or a hedge fund.
You have a strong understanding of US partnership accounting and complex fund structures (International, SPVs, aggregator funds, parallel funds, holding vehicles).
You have demonstrated experience with core processes of capital calls, distributions, NAV calculations, valuations, and preparing fund financial statements.
You have experience supporting external fund audits and managing relationships with fund administrators, legal counsel, and auditors.
What you will bring to the table:
You are highly proficient with fund accounting software (specific experience in Allvue is highly desirable, but not required).
You have deep experience with investor relations or CRM platforms (particularly Allvue or Salesforce) for managing investor communications and document distribution.
You have intense personal curiosity and aptitude for learning and adopting AI tools.
You have experience with cap table equity administration software (e.g., Carta).
You have experience with KYC/AML procedures, banking compliance and related relevant requirements (e.g., FATCA, CIMA).
You are familiar with partnership tax reporting, including the generation of K-1s.
Who you are:
Action Oriented
. You readily take action on challenges and new opportunities with a sense of urgency, high energy, and enthusiasm, displaying a can-do attitude even in tough situations.
Ensures Accountability
. You follow through on commitments, act with a clear sense of ownership, take personal responsibility for decisions and outcomes, and establish clear processes for monitoring work and measuring results.
Manages Complexity
. You ask the right questions to accurately analyze situations, uncover root causes to difficult issues, and make sense of complex, high-quantity, and sometimes contradictory information to solve problems effectively.
Tech Innovator
. You have a track record of proactively leveraging AI and other emerging technology tools to create extraordinary productivity and impact within your role. You have built systems and workflows for yourself more sophisticated than basic ChatGPT/LLM usage and are constantly experimenting with new ways to use technology to disrupt yourself.
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Instills Trust
. You gain the confidence and trust of others through honesty, integrity, and authenticity, following through on commitments and ensuring consistency between your words and actions.
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