16 Oct
Ares Management
Mumbai
Description
- Manage Investment and Divestment activities such as scheduling IC committee meetings, preparation of minutes and resolutions, Deal KYC, Obtaining Trustee consents, etc.
- Managing daily operations of AIF Funds according to the Fund Documents and coordinating with the fund administrator and Investors
- Stakeholder management (auditors, trustees, bankers, custodians, fund accounting professional, tax advisors, legal Advisors and other stakeholders) on a timely basis.
- Cashflow monitoring and reporting from underlying portfolio companies.
- Ensuring integrity and completeness of financial records of AIF, including banking, reconciliations & expense payments.
- Assist in statutory and other regulatory audit processes (including inspection from regulatory body) and ensure seamless closure within the timelines.
- Ensuring timeliness of various tax filings as required for the AIF including tax payments, tax returns and other activities as required as per tax regulations applicable.
- Ensuring investor reporting within the timeframe agreed in the documents/ regulations including MIS management for financial performance.
- Calculating, reviewing and managing investor distributions as per Fund documents.
- Assist in the valuation exercise of the Fund portfolio companies.
- Assisting deal & AM teams in activities required for asset management of portfolio investment.
- Assisting FME entity with tasks such as time allocations, presentations & income projections.
- Assist in setting up new AIF / schemes for the FME entity.
- Investor Activities including onboarding, KYC, drawdowns,
- Assist in any strategic matters across entities.
- Keeping abreast with the changing regulations and analyzing its impact on the existing operations.
- Assisting Compliance / legal team in Fund documentation.
- Maintaining internal trackers and checklists to ensure all areas of AIF are effectively monitored.
QUALIFICATION & EXPERIENCE:
- Minimum Qualifications Chartered Accountant with relevant experience of 9 - 13 years.
- Relevant experience of working with in-house accounts / operations division of AIF / fund administrators / Global Funds.
- Knowledge of relevant GIFT City, AIF and FPI regulations, General Accounting practices and Indian Tax regulations.
- Proficiency in MS Excel, MS word and Power point.
- Ability to take ownership of tasks assigned.
- Willingness to work in a cross-functional set-up and adapt to evolving work environment.
Other Skills:
- Good written and interpersonal skills to manage stakeholder interactions smoothly.
- Attention to detail & good time management.
- Strong analytical and organizational skills.
- Self-motivated and self-driven.
- Solution oriented
Reporting Relationships
Principal, Investment Operations
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
▶️ Associate Vice President, Investment Operations
🖊️ Ares Management
📍 Mumbai