Manager - Fund Admin & Reporting

Alcentra is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.

Alcentra operates independently as a Specialist Investment Manager and is headquartered in London, with offices in New York, Boston, Tokyo and Hong Kong. We are a leading, global asset management firm specializing in the sub-investment grade debt markets, experts in credit management, private credit, and structured credit strategies. Our investors include pension funds, insurance companies, government agencies, banks, wealth managers and high net worth individuals.

Visit www.alcentra.com to learn more who we are. 

What is the Manager-Fund Admin & Reporting responsible for?

• Alcentra, acquired by Benefit Street Partners ("BSP") in November 2022, is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. The BSP/Alcentra combined organization is a leading credit-focused alternative asset management firm with approximately $77 billion in assets under management. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. Established in 2002, the Alcentra platform manages funds for institutions, high-net-worth and retail investors with a focus on the sub-investment grade debt capital markets in Europe and the U.S. Their objective is to deliver strong, risk-adjusted returns that are less correlated, through a complementary suite of traditional and alternative credit strategies. In pursuing this objective, their investment strategy and approach to credit selection are based on intensive fundamental research and credit analysis, combined with active portfolio management to minimize credit losses.

• Alcentra is seeking to hire a manager to become an integral member of the Fund Finance team based out of Hyderabad, India. The role encompasses oversight of fund accounting, investor reporting, data management and liquidity management. The candidate must be well versed in accounting principles, have managed a team and have experience in performance return calculations. Knowledge of both open ended and closed ended funds as well as alternative credit market and special situations assets is advantageous

What are the ongoing responsibilities of Manager - Fund Admin & Reporting?

• Management and oversight – of the day-to-day workflows of their fund finance team.

• Building strong relationships across the business including portfolio managers, investor relations, product management, portfolio analytics teams and third-party vendors.

• Supporting portfolio management team with regular and ad-hoc requests, including investment restructurings.

• Fund Accounting – overseeing production of NAVs, balance sheets, profit & loss and NAV allocations.

• Performance Returns – oversight and review of performance returns, typically consisting of portfolio, share-class, fund and investor-level performance (including TWRs, IRR, MOICs etc.) and portfolio attribution.

• Fees and Expenses – overseeing management and incentive/performance fees, expense budgets and TERs.

• Data – ensuring accuracy of data in the front office systems and data warehouse.

• Reporting – oversight regulatory and investor reporting.

• Audit - oversight and sign-off of fund audits.

• Liquidity – managing cash using bridge facility, capital calls and distributions.

• FX – monitoring FX exposure and preparing FX hedging packs for execution.

• New Fund Setup – working with various stakeholders such as portfolio managers, business development, fund formation, operations, third party administrators, to create new funds and products.

• Projects - working alongside our project management team to assist with projects focusing on operational enhancements.

What ideal qualifications, skills & experience would help someone to be successful?

The successful candidate will ideally possess:

• Minimum of 10 years of experience working in financial services.

• Extensive knowledge and experience of alternative credit market products, especially special situations strategy is advantageous.

• Educated to degree level or equivalent.

• Qualified chartered accountant - ACCA / ACA / CIMA or equivalent.

• Experience managing a team, developing individuals and taking ownership of the team’s responsibilities.

• Collaboration with other teams across the firm and build strong relationships across all levels.

• Strong interpersonal, verbal and written communication skills, with the ability to clearly articulate complex concepts, ideas and processes.

• Ability to assess and organise workflows by priority and ensure deadlines are met.

• Strong mathematical skills as well as proficiency in Excel are essential.

• Ability to drive projects from where required.

Work Shift Timing - 2:00 PM - 11:00 PM IST