Management Trainee- Fund Accounting (Start ASAP)

About Wipro

Wipro Limited is a leading technology service and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. They leverage their holistic portfolio of capabilities in consulting, design, engineering, operations, and emerging technologies to help clients realize their boldest ambitions and build future-ready sustainable businesses.

Your role

• To work on Private Equity / Real Estate / Hedge Fund Operations such as Fund / Financial Accounting - Bookkeeping, Journal Posting, and Preparation of Financial Statements.
• Management Fee Carried Interest and Expense Calculation & Posting. Capital Calls - Preparation of Capital Call memos, LC Opening, Follow-up with LPs for funding Distribution - Preparation of Distribution working, LP Memo Preparation, Fund Transfer Wire preparation, Repayment of LCs Reconciliation - Cash Reconciliation, Cash Tracking, Posting Entries, Cash reporting.
• Tracking of Capital transactions. Valuation - Valuation of Portfolio Investments.
• To prepare and submit Fund and Investor Reports accurately as per SLA
• To meet TAT and deliver error-free services
• To work on partnership accounting Applications
• To strive to create a healthy and professional work environment in the team
• Display interpersonal skills in handling the day-to-day operations on the floor.
• Suggest and work on process improvements Idea
• Institutional_Finance_Buy_Side_Others

Training & development 

Wipro offers comprehensive training programs for Management Trainees, focusing on developing leadership skills, business acumen, and domain expertise. These training initiatives combine classroom learning, hands-on projects, and mentorship opportunities to equip Management Trainees with the necessary knowledge and capabilities to succeed in their roles and progress in their careers within the organization.

Benefits

Listed below are some benefits:

• Job Training
• Gymnasium
• Free Transport
• Team Outings
• Cafeteria
• Soft Skill Training

Work-life balance

Wipro values work-life balance and strives to provide a supportive environment for its employees. The company promotes flexible work arrangements, encourages employee well-being initiatives, and emphasizes the importance of maintaining a healthy work-life integration, enabling employees to achieve a harmonious balance between their personal and professional lives.

Culture & vibe

The culture at Wipro is very open and friendly. There are many opportunities for personal growth with regular training programs conducted in the company. Employees learn from their colleagues as well as from senior management. They can also get involved in different committees/groups formed by the Company to give their inputs on various topics relevant to the industry or domain where they work.

About you

Essential Skills

• Advanced knowledge of MS Office tools.
• Very Good written & spoken communication skills
• Good Analytical Skills & problem-solving skills
• Pro-active & Positive Attitude
• Ability to Work efficiently and effectively in a team
• Excellent Customer-facing Skills and Ability to build Rapport with Clients
• Have the ability to escalate issues on time to ensure quick resolution  Good phone & email etiquette.

Domain Skills

• Very good understanding of Financial Accounting
• General Understanding of Capital Markets
• General Understanding of Banking
• General understanding of Private Equity / Real Estate / Hedge Funds
• Hands-on experience in Private Equity / Real Estate / Hedge Funds systems
• Reasonable understanding of Private Equity / Real Estate / Hedge Funds processes such as Accounting, Investor Reporting, Capital Calls, Distribution, Financial Statements etc.

How to apply

To apply for this position, just click on the "Apply on employer site" button below, which navigates you to the careers page where the application can be submitted directly.

Sources

The following sources were used in researching this page:

• ambitionbox.com
• careers.wipro.com