Manager- Fund Investor Allocation

Arcesium is a global financial technology firm that solves complex data-driven challenges faced by some of the world's most sophisticated financial institutions. The Manager will join the Fund and Investor Allocations (FIA) team, which is responsible for various fund accounting and investor allocations activities, ensuring the investor allocation of portfolio profits, losses and expenses and the calculation of management and incentive fees is performed accurately and timely during estimates and finals issuance of investor returns in the month. The role also includes analysis and review of legal fund documents to set up allocations and fee calculation logics, capturing investor capital activity, maintaining the investor NAV roll, and performing admin reconciliations for investor balances, profit and losses, and management and incentive fees.

Responsibilities

Accountability for the work product of the team, including accuracy of fund and investor NAV, capture of investor reference data and transactions, allocation of P&L and expenses, calculation and allocation of fund and investor level fees, reconciliation with administrators, and issuance of estimate and final investor NAVs; Review of legal documents, LPAs, PPMs, and fee agreements; Review the set up of legal entity, investor, class, series and deal partitions as per the legal documents analysis; Reviewing, analyzing, and setting up P&L allocation logics as per the legal documents; Reviewing, analyzing, and setting up management fees and incentive fees, considering hurdles, waterfalls and carried interest complexities; Reviewing and processing investor capital transactions such as subscriptions, redemptions, transfers, distributions, and drawdowns, and tracking and managing investor commitments, funded capital, and unfunded capital; Reviewing and preparing fund and investor NAV and capital roll, estimated and final returns (gross returns, net returns, and IRRs), and reconciling investor level NAV components with the administrator, assisting in break resolution; Engaging with clients and internal product groups for analysis and development of new business functionality and efficiency asks; Collaborating with technology teams on special projects, bespoke reporting requirements and UAT; Active interaction with clients and the team in New York around deliverables and addressing open queries

Requirements

MBA (Finance) / CFA / CA or any other equivalent qualification; 5–8 years of work experience in fund accounting, fee calculations and allocations; Experience working with a variety of fund structures, allocation methodologies, and management and incentive fee calculation methodologies; In-depth domain / finance knowledge, attention to detail, the ability to work with minimal supervision and experience in managing high performers; Drive to enhance the efficiency of processes; Strong project management skills and effective managerial ability; Strong communication and collaboration skills; Proficiency in MS Excel