Job Title

Category III Alternative Investment Fund | Mumbai About the RoleWe are a Mumbai-based Category III Alternative Investment Fund seeking a hands-on operations and technology leader to own fund accounting, investor servicing, automation, and data support while managing a 2-member junior analyst team.This is a high-ownership role in a lean setup where you’ll be the single point of accountability for daily operations and the tech backbone supporting our investment process. Location & ExperienceLocation: Mumbai (Work from Office)Experience: 4–6 years in fund operations, fund administration, or middle office with AIF/PMS/Mutual Fund exposure Key Responsibilities1. Fund Accounting & NAV Calculations• Prepare and review daily/weekly NAV for Category III schemes (long-short equity, leverage, derivatives as applicable)• Coordinate with custodian, fund administrator, brokers, and banks for trade confirmations, cash movements, and position reconciliation• Ensure accurate holdings and cash reconciliation across internal books, broker statements, and custodian reports• Compute and validate management fees, performance fees (with high-water mark), expense accruals, entry/exit loads, and tax provisions (TDS, GST, advance tax) as per PPM and SEBI regulations• Support statutory audits and regulatory reporting (SEBI AIF returns, RBI reporting, income tax filings) in coordination with compliance and external advisors2. Investor Servicing & Reporting• Oversee investor onboarding, applications, KYC compliance, and capital activity (subscriptions, redemptions, switches)• Own preparation and distribution of monthly investor statements, performance reports, distribution notes, and ad-hoc MIS• Maintain investor data room, CRM hygiene, and investor communication records• Track and respond to investor queries with quick turnaround time, coordinating internally as needed3. Automation & Technology• Design and build Excel/Google Sheets + Python based tools for:– NAV and fee calculation templates with built-in checks– Reconciliation dashboards (broker vs custodian vs internal ledger)– Investor MIS and performance analytics automation• Drive continuous improvement: reduce manual touchpoints, improve data quality, build exception reports and control checks4. Data Support for Equity Research Team• Maintain clean, well-structured equity and portfolio datasets (prices, fundamentals, internal performance metrics) for the research team• Build and maintain reusable analysis templates for:– Returns attribution and drawdown analysis– Factor exposure and risk metrics (Sharpe ratio, beta, tracking error, VaR)– Portfolio analytics and stress testing• Assist in one-off analyses, backtests, and custom dashboards using Excel, Python (pandas, numpy).5. Team Management• Lead a 2-member team of junior analysts; allocate work, review outputs, and ensure quality control• Train junior team on fund accounting concepts, automation mindset, and operational excellence• Build SOPs and knowledge management systems for operational continuity Required Skills & QualificationsMust-Have Experience• 4–6 years in fund accounting/operations/middle office with hands-on exposure to AIF/PMS/Mutual Fund operations• Strong understanding of:– Trade lifecycle, T+1/T+2 settlement, mark-to-market (MTM)– Corporate actions, reconciliations, NAV calculation mechanics– Performance fee and expense fee mechanics (including high-water mark)• Category III AIF experience is a strong plus (understanding of leverage, derivatives, short-selling)Technical Skills• Advanced Excel: Complex formulas, pivot tables, VLOOKUP/XLOOKUP/INDEX-MATCH, conditional logic, data validation• Macros/VBA proficiency is a plus• Python: Working knowledge of pandas, numpy for data cleaning, joins, aggregations, and simple automation scriptsSoft Skills• Strong written and verbal communication; ability to explain technical topics to non-technical stakeholders (investors, management)• High ownership mindset; comfortable being the single point of failure for operations and data• Process-oriented yet adaptable to a lean, fast-moving, unstructured startup-like setup• Bias toward automating repetitive tasks rather than scaling headcount• Prior experience mentoring or managing juniors is preferred Personality & Cultural FitWe’re looking for someone who:• Is comfortable wearing multiple hats in a small team environment• Takes pride in getting the details right (zero tolerance for sloppy data or errors)• Can work independently with minimal supervision while keeping stakeholders informed• Is curious and willing to learn new tools, markets, and investment strategies