Finance - Private Markets Fund Accounting - Senior Analyst

COMPANY OVERVIEW

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

KKR's Gurugram office provides best-in-class business operations services and solutions to our internal stakeholders and clients, drives organization-wide process efficiency and transformation, and reflects KKR's global culture and values of teamwork and innovation. The office contains multifunctional business capabilities and is integral in furthering the growth and transformation of KKR. The office was established with an initial concentration of finance, operations, and technology personnel, followed by the expansion of additional functions and capabilities. KKR’s creation of a Gurugram office builds upon the firm's momentum in India and bolsters its existing presence in Mumbai.

KKR’s Finance team oversees the firm’s credit, accounting and reporting matters to produce analytical insights that drive business decisions and long-term success. The team is responsible for designing efficient frameworks through internal and external data and reports to understand the market environment and business dynamics and implement best practices. The team also collaborates closely with KKR’s Legal and Compliance team to ensure compliance and accurate reporting and performance of our corporate tax entities related to our investment funds. The Finance team also functions as a support for clients, from onboarding to investor communications and overall relationship management across all asset class, as well as responding to any ad-hoc tax-related requests.

TEAM OVERVIEW

Finance supports the strategic direction of the Firm by ensuring efficient and effective financial planning, analysis, budgeting, reporting, compliance, accounting, and stewardship of financial risks and controls. By doing so, we produce accurate financial information for decision making, ensure compliance with financial regulations and policies, and provide leadership for operational improvements, cost savings and strategic investments that align with the Firm’s culture and long-term goals.

POSITION SUMMARY

The role is responsible for the preparation, analysis, and dissemination of financial and operational information for the private equity fund.

ROLES & RESPONSIBILITIES

Operational Excellence

• Collect and analyze financial data from various sources and prepare periodic reports for investors and stakeholders.
• Present the fund's performance and financial position.
• Ensure the reports are accurate, complete and in compliance with regulatory requirements.
• Generate reports from Investran, match opening balances with previous quarter closing balances, current activities, perform accuracy checks on all the reports.
• Conduct monthly partner transfers by identifying all partner transfers during the month from the transfer sheet, generating reports to identify any transfers that need to be adjusted, making partner transfer adjustment entries in Investran and regenerate reports to check adjustments flowing correctly in the reports.
• Prepare quarterly deal by generating reports (Balance and GAAP Financial statements), match opening balances with previous quarter closing balances, current activities, formatting as per guidelines, checking accuracy of all the reports.
• Prepare pdf package for the generated and checked reports.
• Generate quarterly fund expenses report by passing the JE as per fund receivable handoff received, match opening & closing balances, perform checks for the figures.
• Generate quarterly FX contracts report by passing the JE as per foreign currency exchange contracts handoffs, match opening & closing balances, and perform checks for the figures.
• Generate quarterly management fees report by passing the JE as per management fee handoff received, match opening & closing balances, perform checks for the figures.

Stakeholder Management

• Collaborate with team members of the private equity team, such as portfolio managers and investment professionals, to gather and review relevant data for reporting purposes.
• Collaborate with internal teams to ensure that reports accurately reflect the fund's activities and performance.

 Reporting & Governance

• Run MPI reports and reconcile it with Grants and Forfeit support
• Reconcile balances/activities with prior year, Q4 rolls and support

 QUALIFICATIONS

• Bachelor’s degree in commerce or equivalent work
• Chartered Accountant / CFA
• 3-6 years of experience in fund reporting, accounting or finance
• Experience in preparing regular financial reports for private equity funds, including NAV, performance reports, and presentations
• Knowledge of fund accounting principles and the ability to maintain accurate and up-to-date capital account records
• Knowledge of relevant laws and regulations governing private equity funds and the ability to ensure compliance with all relevant requirements
• Ability to perform complex financial analysis and modelling
• Ability to communicate regularly with investors and provide updates on fund performance
• Proficiency in financial reporting software and systems, such as Bloomberg, etc.
• Ability to manage large amounts of data accurately and efficiently
• Systems/ Tools/ Applications knowledge:
• Highly proficient in MS Excel
• Investran
• Displays high intellectual curiosity and innovative mindset
• Demonstrates highest levels of integrity
• Focus on delivery excellence and accountability
• Build strong relationships with local and global colleagues
• Displays behaviors of self-reliance
• Demonstrates a relationship-driven mindset

KKR is an equal opportunity employer.  Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.