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.

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 Finance Team is seeking an experienced professional who can support the accounting and operations within the Employee Capital Services (“ECS”) team, which is a new team at KKR. This position will be highly visible across various stakeholder groups and will play a vital role in the success of a multi-disciplinary benefit program encompassing discretionary fund investing, portfolio co-investing, profit participation, employee leverage and associated financial, operational and risk-related activities. The role involves expertise in investment services and private equity compensation and the ability to interface with and create strong partnerships with constituents across the organization and outside of the firm.

The formation of ECS represents the consolidation and evolution of several capabilities pertaining to employee exposure to KKR investment opportunities managed across several different teams, including Finance, Human Capital, Tax, Legal, Compliance, Client Services and the Client & Partner Group. ECS will enable KKR to create a leading internal advisory and execution platform for global investing. In so doing, the team will help to create greater alignment with fund limited partners and ensure that KKR is able to recruit and retain the most talented professionals around the world.

One of KKR’s fundamental investment philosophies since inception in 1976 has been to align the interests of the firm and its employees with the interests of fund investors, portfolio companies and other stakeholders. The firm achieves this by encouraging eligible employees to commit their own capital to KKR investment funds.

The formation of ECS and this newly created role are part of a broader transformation that KKR is embarking on to achieve scale to meet our ambitious growth targets.

ROLES & RESPONSIBILITIES

• Assist with internal quarterly reporting of funds' assets and revenue figures including preparing reports to facilitate the funds’ consolidation requirements and SOX requirements, as applicable.
• Manage the funds’ annual and quarterly reporting/filing requirements to key external stakeholders such as investors and compliance/regulatory bodies based on governing documents and other statutory requirements. This includes preparation of quarterly deliverables and annual audited financial statements along with investor capital statements.
• Keep abreast of all major accounting, regulatory and reporting changes that affect the funds.
• Review and enhance financial systems/technologies.
• Assist with resolution of all investor-related queries and other ad-hoc reporting templates.
• Provide oversight on fund administrator’s work mandate, SLAs, performance metrics, schedules, etc.
• Support the team’s key strategic initiatives and other ongoing firmwide transformation efforts such as technology and process re-engineering projects.
• Provide strong, assertive and positive collaboration across the Finance team.
• Develop, mentor and motivate the current team.
• Review discretionary capital activity including capital calls, distributions and related borrowings for Private market and Credit funds
• Review associated journal entries in Investran
• Maintain all relevant financial reports, including quarter end realized activity
• Monitor employee leverage programs, producing line of credit reporting and satisfying reporting obligations with lenders/banks
• Review allocation of carried interest payments for KKR executives and associated reporting
• Review comprehensive financial reporting and analysis for KKR leadership
• Various reporting for the employee discretionary investing program, including employee fund solicitations and indication of interest schedules
• Report to NY management team on an ongoing basis

QUALIFICATIONS

The successful candidate will have at least 12+ years of relevant financial experience within fund accounting, with at least 3 years in management role (Controller, Senior Manager, VP, etc.). With unquestionable integrity and the highest ethical standards, the successful candidate will possess the following:

• Strong investment company (ASC 946) fund accounting skills with US GAAP & IFRS knowledge; SEC reporting experience is a plus.
• Qualified Chartered Accountant preferred or advanced degree in Finance required.
• Investran and/or Geneva experience preferred.
• Third Party Fund administrator coordination experience preferred.
• Proven and proactive financial leader with a successful track record of managing and leading a fund accounting team.
• Outstanding business judgment contributes to broader business matters and complex decisions addressed by the senior executives of the Global Credit Finance Team.
• Exceptionally strong financial and analytical capabilities.
• Effective communication, interpersonal, and presentation skills. Ability to influence and collaborate across the broader team, as well as externally.
• Ability to develop, motivate, and retain finance / accounting talent.
• Be committed to operating as a team-player on the team as well as in the context of the larger firm.
• The ideal candidate should be a control-minded individual dedicated to helping in the design and maintenance of a strong control environment for operating funds within a large asset management firm and be someone who acts with integrity and committed to acting as a fiduciary at all times.