Team Lead – Fund Accounting Full Time

WHY LINEDATA ?

Join us in shaping the fintech of tomorrow.

With more than 1,350 colleagues across 20 locations worldwide, you’ll help build cutting-edge platforms and tailored services that power the daily operations of 700 leading financial institutions. As a global, multicultural company with over 45 nationalities represented and just as many languages spoken, we thrive on diverse perspectives and collaboration. Together, we tackle future-focused topics like Al and the digitalization of finance, delivering smart solutions for our customers.

Whether you’re just beginning your career or are an experienced professional, Linedata offers exposure to large-scale client projects, internal mobility and opportunities to develop your skills alongside leading experts.

The Role Will Involve The Following Critical Activities

• Supervise preparation and review of fund financial statements, loan schedules, NAVs, and investor capital account summaries.
• Review journal entries, loan-level accruals, amortization schedules, and general ledger maintenance.
• Ensure compliance with GAAP/IFRS and Private Credit–specific accounting policies.
• Oversee calculation of management fees, performance fees, carried interest, and fund operating expenses.
• Review monthly/quarterly valuation of loans, including interest PIK accruals, OID amortization, prepayment calculations, and impairment assessments.
• Oversee daily/periodic loan servicing activities such as interest accruals, cash movements, repayments, drawdowns, and roll-forwards.
• Review credit facility accounting (revolvers, term loans, subscription lines, and leverage facilities).
• Monitor covenant compliance tracking and SOFR/LIBOR updates for floating-rate loans.
• Ensure accurate setup and maintenance of loan investment data, pricing, and valuation inputs.
• Lead preparation and review of investor statements, capital account allocations, and performance reporting.
• Oversee capital calls, distributions, equalizations, and allocation of income, fees, and expenses.
• Maintain and review investor capital accounts, waterfall models, and performance calculations.
• Liaise with investor relations teams and respond to investor queries.
• Manage, guide, and mentor a team of analysts and senior associates.
• Delegate tasks effectively, set priorities, and track delivery against KPIs.
• Conduct training and development sessions to enhance team capabilities.
• Drive process automation, standardization, and efficiency improvements.
• Ensure strong internal controls and issue remediation plans.
• Coordinate with auditors, fund administrators, and internal control teams during audits.
• Ensure all documentation, checklists, and reconciliations meet compliance requirements.
• Identify and mitigate operational risks proactively.

Background Of Role

As a Team Lead in Fund Accounting team, you will be responsible for delivery of accurate and timely NAVs and perform the various types of reconciliation between client’s general ledger data and market data providers which include custody and prime brokers along with fund administrators.

The role is a good blend of product knowledge and usage of technology.

The role involves Accounting of corporate action, Booking of Trading and Non-Trading Accruals, Pricing of Portfolio, Computation and Analysis of Profit and Loss. The individual will be responsible for coordinating with client and relevant external source for break resolution.

The role requires the ability to work under tight deadlines, maintain quality delivery as per standard operating procedures along with excellent communication skills.

Position Responsibilities

The role will involve the following critical activities:

• Supervise preparation and review of fund financial statements, loan schedules, NAVs, and investor capital account summaries.
• Review journal entries, loan-level accruals, amortization schedules, and general ledger maintenance.
• Ensure compliance with GAAP/IFRS and Private Credit–specific accounting policies.
• Oversee calculation of management fees, performance fees, carried interest, and fund operating expenses.
• Review monthly/quarterly valuation of loans, including interest PIK accruals, OID amortization, prepayment calculations, and impairment assessments.
• Oversee daily/periodic loan servicing activities such as interest accruals, cash movements, repayments, drawdowns, and roll-forwards.
• Review credit facility accounting (revolvers, term loans, subscription lines, and leverage facilities).
• Monitor covenant compliance tracking and SOFR/LIBOR updates for floating-rate loans.
• Ensure accurate setup and maintenance of loan investment data, pricing, and valuation inputs.
• Lead preparation and review of investor statements, capital account allocations, and performance reporting.
• Oversee capital calls, distributions, equalizations, and allocation of income, fees, and expenses.
• Maintain and review investor capital accounts, waterfall models, and performance calculations.
• Liaise with investor relations teams and respond to investor queries.
• Manage, guide, and mentor a team of analysts and senior associates.
• Delegate tasks effectively, set priorities, and track delivery against KPIs.
• Conduct training and development sessions to enhance team capabilities.
• Drive process automation, standardization, and efficiency improvements.
• Ensure strong internal controls and issue remediation plans.
• Coordinate with auditors, fund administrators, and internal control teams during audits.
• Ensure all documentation, checklists, and reconciliations meet compliance requirements.
• Identify and mitigate operational risks proactively.

Looking For

Must Have:

• Qualified Accountant or equivalent.
• CA with 4+ years’ experience in Fund Accounting OR MBA (Finance) with 6+ years’ experience.
• Strong understanding of fund accounting principles including NAV calculation, income accruals, loan valuation, amortization (OID/Premium/Discount), and pricing.
• Experience in Private Credit / Direct Lending / Loan Accounting (Term Loans, Mezzanine, Senior Secured Loans, Revolvers).
• Ability to compute and review interest accruals, PIK interest, commitment fees, prepayment penalties, and amortization schedules.
• Experience with accounting tools, general ledger systems, loan servicing platforms.
• Strong interpersonal, verbal, and written communication skills.
• Strong MS Office skills.
• Ability to work under pressure and meet deadlines.

Good To Have

• Experience with WSO, eFront, Investran, Geneva, or similar systems.
• Advanced Excel skills (pivot tables, formulas, basic macros).
• Strong analytical, leadership, and organizational abilities.
• Experience managing multiple deliverables in a deadline-driven environment.