📋 Job Details at a Glance 📍 Location Mumbai, Maharashtra, India 🏢 Company IQ-EQ 👥 Experience 2+ years 🎓 Qualification Degree in Accounting, Finance, Business, or related field 📅 Eligible Batch 2023, 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary ₹6–10 LPA 🏢 Industry Banking & Finance 🛠 Key Skills Fund Accounting NAV Calculation Financial Statements Ind AS IFRS GAAP Microsoft Excel Investran Paxus Payment Processing Associate – Fund Accounting at IQ-EQ — Full Details & How to Apply IQ-EQ is seeking an Associate – Fund Accounting in Mumbai, Maharashtra, India , offering a competitive salary of ₹6–10 LPA and a hybrid work model suitable for freshers. This role is an excellent entry point for those looking to build a career in the banking and finance sector. The demand for fund accounting professionals is rising in India, particularly in Mumbai , driven by the growth of the banking and finance sector. As companies like IQ-EQ expand their services, the need for accurate financial reporting and compliance becomes paramount. This role directly contributes to maintaining client trust and adhering to regulatory standards, making it a vital position within the industry. IQ-EQ , founded in 1999 , has over 3,000 employees globally and specializes in fund administration and financial services. What sets IQ-EQ apart is its focus on innovation and employee development, providing exposure to advanced tools like Investran and Paxus , which are less commonly used in competing firms. This emphasis on technology and growth creates a supportive environment for new talent. We encourage applications from 2023, 2024, 2025, 2026 graduates with a Degree in Accounting, Finance, Business, or related field and 2+ years experience . This position offers a competitive salary of ₹6–10 LPA , making it an attractive option for those looking to kickstart their careers in fund accounting. In this role, you will develop essential skills in Fund Accounting , NAV Calculation , Financial Statements , and compliance with Ind AS , IFRS , and GAAP . The experience gained here will open doors to advanced positions in financial reporting and reconciliation, paving the way for a structured career path in a growing firm. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Job Role & Responsibilities The core mission of the Associate – Fund Accounting at IQ-EQ is to ensure precise financial management and reporting for client funds, adhering to regulatory standards and enhancing client satisfaction. Calculate Net Asset Values (NAV) for various funds using Investran , ensuring compliance with regulatory standards and accuracy in financial reporting. Prepare financial statements in accordance with Ind AS , IFRS , and GAAP , meeting strict deadlines to provide transparent insights to clients. Collaborate with compliance and risk management teams to ensure all financial reports meet regulatory requirements, enhancing the integrity of financial data. Analyze financial data to identify discrepancies, aiming for a 100% accuracy rate in reconciliations and improving overall financial accuracy. Take ownership of the payment processing workflow, ensuring timely and accurate transactions for clients, thereby enhancing operational efficiency. Document all accounting processes and maintain clear communication with stakeholders regarding financial reporting , fostering transparency and trust. Assist in resolving client queries related to fund accounting , enhancing client satisfaction through effective problem-solving and communication. This role promotes an ownership culture, allowing you to directly impact financial accuracy and client relationships through your contributions. Required Skills & Technical Competencies The ideal candidate for the Associate – Fund Accounting role should possess a robust skill profile focused on financial management and reporting. Technical Skills Fund Accounting — advanced — essential for managing client funds accurately and ensuring compliance with financial regulations. NAV Calculation — advanced — practical application in daily tasks, critical for determining fund performance and accuracy. Financial Statements Preparation — advanced — used to provide clients with transparent financial insights and reports in compliance with standards. Proficiency in Microsoft Excel — advanced — necessary for data analysis and financial modeling, expected to be at an advanced level. Experience with Investran — advanced — crucial for efficient fund management and reporting, ensuring accurate NAV calculations. Experience with Paxus — intermediate — utilized for managing fund data and enhancing reporting efficiency. Payment Processing — intermediate — ensures timely and accurate transactions, vital for maintaining client trust and satisfaction. Reconciliation — advanced — critical for identifying discrepancies and achieving a high accuracy rate in financial reporting. Financial Reporting — advanced — necessary for preparing compliant financial statements and reports for stakeholders. When showcasing these technical skills in your resume or interview, emphasize your practical experience and specific achievements related to each skill. Eligibility Criteria This role is designed for candidates who are eager to start their careers in finance, equipped with the necessary educational background and skills. Candidates must hold a degree in Accounting , Finance , Business , or related fields. Eligible batches include 2023 to 2026 , allowing fresh graduates to apply and kickstart their careers. A minimum of 2+ years of experience is preferred, but freshers with relevant skills are encouraged to apply. A minimum academic performance of 60% is expected to ensure a strong understanding of financial principles. Internships or projects related to fund accounting or financial analysis will be advantageous during the selection process. Documentation & Portfolio Requirements Submit your resume in a clear format, including your educational background, relevant experience, and any internships or projects related to fund accounting. Pro tip: Highlight any specific projects or experiences that demonstrate your proficiency in Investran and financial reporting to stand out in your application. Salary for Associate – Fund Accounting at IQ-EQ 💰 Compensation ₹6–10 LPA The advertised compensation for the Associate – Fund Accounting role at IQ-EQ is ₹6–10 LPA . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Associate – Fund Accounting Upskilling with the right resources significantly enhances your chances of selection for the Associate – Fund Accounting role by equipping you with essential skills and knowledge. Recommended Courses & Resources Microsoft Excel — Mastering Excel is crucial for data analysis and financial modeling in fund accounting. Reconciliation — Understanding reconciliation processes is vital for accurate financial reporting and NAV calculations. Financial Reporting — This course helps in preparing and analyzing financial statements, a key responsibility in fund accounting. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor your resume — ensure you align your experience with the job requirements. ❌ Neglecting to showcase proficiency in required software — include specific examples of your experience. ❌ Omitting academic achievements or relevant projects — demonstrate your understanding of financial principles. ❌ Using generic language in your application — be specific about your skills and experiences related to the role. ❌ Not preparing for potential interview questions — review fund accounting principles and regulations. ❌ Ignoring the importance of networking — connect with current employees or alumni for insights. Before You Apply — Checklist ✅ Research IQ-EQ's services and recent news to tailor your application effectively. ✅ Update your resume to reflect relevant skills and experiences for the Associate – Fund Accounting role. ✅ Prepare a cover letter that highlights your interest in finance and your understanding of fund accounting. ✅ Gather any necessary documents, such as transcripts or certificates, to support your application. ✅ Review the application portal for specific instructions on submitting your application. ✅ Double-check for any spelling or grammatical errors in your application materials. ✅ Follow up with a connection at IQ-EQ to express your interest in the role. ✅ Set a reminder for application deadlines to ensure timely submission. Resume Tailoring & ATS Keywords for Associate – Fund Accounting Optimizing your resume for ATS is essential for the Associate – Fund Accounting role, as it ensures your application is seen by recruiters. ATS Keywords to Include Fund Accounting NAV Calculation Financial Statements Ind AS IFRS GAAP Microsoft Excel Investran Paxus Payment Processing Reconciliation Financial Reporting Resume Tips for This Role Highlight relevant coursework or projects in accounting and finance to demonstrate foundational knowledge. Emphasize any internships or practical experience related to fund accounting or financial analysis. Include specific tools or software you are proficient in, especially Investran and Excel. Optimize your resume for ATS by using keywords from the job description, particularly technical skills. Avoid including unrelated work experience that does not showcase your skills relevant to fund accounting. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro tip: Do not include unrelated work experience that does not showcase your skills relevant to fund accounting. How to Apply for Associate – Fund Accounting at IQ-EQ Apply Now — IQ-EQ Visit the IQ-EQ application portal and create an account. Upload your resume, ensuring it is tailored to the Associate – Fund Accounting role. Fill out the application form, providing accurate and relevant information. After submission, expect a confirmation email regarding your application status. Use the application portal to track the status of your application. Applications reviewed on a rolling basis — early submission recommended. Apply Now — IQ-EQ NexisGrow.com does not charge any fees for job applications. IQ-EQ IQ-EQ was founded in 1999 and has since expanded its operations to include a robust global presence with offices in 23 countries . The company’s headquarters is located in Luxembourg , while its significant hub in Mumbai, Maharashtra plays a crucial role in its operations. With a workforce of over 1,500 employees , IQ-EQ continues to grow and adapt to the evolving finance landscape. The core services offered by IQ-EQ include comprehensive fund administration, with a focus on NAV calculation and financial reporting . The company utilizes advanced platforms such as Investran and Paxus to deliver high-quality solutions. Additionally, IQ-EQ provides expertise in Ind AS , IFRS , and GAAP compliance, ensuring clients receive tailored financial services. IQ-EQ has received positive feedback on Glassdoor, boasting a 4.2-star rating that highlights its supportive work culture. The company prioritizes employee development through various programs, including mentorship and training initiatives. Recognized for its commitment to fostering talent, IQ-EQ has been awarded for its innovative workplace practices. Recently, IQ-EQ expanded its service offerings to include digital solutions, reflecting its commitment to innovation in the finance sector. This strategic move aims to enhance client services and streamline operations. The company is also exploring partnerships to integrate cutting-edge technology into its service delivery, ensuring it remains competitive in the market. For freshers entering the Banking & Finance sector, IQ-EQ serves as a strong career launchpad. The company offers mentorship opportunities and exposure to international clients, providing invaluable experience. With a focus on skill development and a supportive environment, new employees can quickly adapt and thrive in their roles. Company Details Industry Banking & Finance Location Mumbai, Maharashtra, India Connect With Us Careers Apply Now Website 🔗 jobs.smartrecruiters.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Associate – Fund Accounting at IQ-EQ? Eligibility Tap to expand + Answer Candidates with Degree in Accounting, Finance, Business, or related field and 2+ years experience are eligible. Eligible batches: 2023, 2024, 2025, 2026. ? What skills are most important for this role? Skills Tap to expand + Answer Key skills: Fund Accounting, NAV Calculation, Financial Statements, Ind AS, IFRS. Strong fundamentals and practical project experience matter most. ? What is the salary for this position? Salary Tap to expand + Answer Compensation: ₹6–10 LPA. Final offer depends on skills, experience, and interview performance. ? What is the interview process at IQ-EQ? Interview Tap to expand + Answer Typically: Resume shortlisting → Online test → Technical interview(s) → HR round. ? Is this role remote, hybrid, or onsite? Work Mode Tap to expand + Answer Work mode varies by team. Confirm with HR during recruitment. ? What is the career growth path from this role? Growth Tap to expand + Answer Structured appraisals every 6–12 months. Senior roles accessible within 12–18 months based on performance. ? How do I apply? Application Tap to expand + Answer Apply via the official link in How to Apply section. Highlight: Fund Accounting, NAV Calculation, Financial Statements, Ind AS, IFRS. ? Is there a probation period? Probation Tap to expand + Answer Standard 3–6 months probation. Confirmation follows successful completion. ? How to prepare for the Associate – Fund Accounting interview? Preparation Tap to expand + Answer (1) Core concepts of Fund Accounting, NAV Calculation, Financial Statements, Ind AS, IFRS, (2) 2–3 project walkthroughs, (3) Problem-solving, (4) IQ-EQ research, (5) Clear communication. ? What is the work culture like at IQ-EQ? Culture Tap to expand + Answer Research on LinkedIn and Glassdoor for authentic employee reviews. NexisGrow.com features only verified employers. 🔗 Explore More on NexisGrow More jobs in Mumbai Browse all Non-Tech jobs Latest Fresher jobs More jobs at IQ-EQ Work From Home jobs Ready to Apply? Don't Miss This Opportunity! Apply only via the official link. 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