Team Lead- Ops Cognizant

  • company name Cognizant
  • working location Office Location
  • job type Full Time

Experience: 2 - 2 years required

Pay:

Salary Information not included

Type: Full Time

Location: Hyderabad

Skills: Fund Accounting, Private Equity, Financial Reporting, Regulatory Compliance, Capital Calls, IRR, Budgeting, Investran, Geneva, IFRS, US GAAP, Distribution Notices, Net asset values, TVPI, RVPI, DVPI, Fund Expenses, Management Fee

About Cognizant

Cognizant is a multinational information technology services and consulting firm headquartered in the United States. Its headquarters are located in Teaneck, New Jersey, in the United States. Cognizant is listed on the NASDAQ-100 under the symbol CTSH.

Job Description

You are required to oversee end-to-end Fund Accounting operations in the Private Equity sector. Your responsibilities will include having an in-depth understanding of complex fund structures, waterfall computation, carry plans calculation, clawback accounting, Sub-close, Equalization, Rebalancing, and preferred return. Additionally, you will be responsible for preparing and reviewing Capital Calls and Distribution notices, determining net asset values, calculating fund performance metrics like IRR, TVPI, RVPI, and DVPI percentages, budgeting and allocating fund expenses, preparing reports, and reviewing Management fee workings. To be eligible for this position, you should hold a Bachelor's or Master's degree in Accounting, Finance, or a related field. Possessing CMA/CA Inter or being a Qualified CA/CMA will be advantageous. The ideal candidate should have a minimum of 2 years of experience in Fund Accounting. Freshers are not eligible for this role. Working knowledge of Investran and/or Geneva is highly desirable, along with knowledge of Private Equity fund structures, accounting principles, and regulatory requirements. Familiarity with IFRS and/or US GAAP accounting principles will be an added advantage. This position is based in Hyderabad.,