Finance - Private Markets Fund Controllership (Employee Capital Services) - Associate

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 a number of 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.

ROLE & RESPONSIBILITIES

•    Prepare discretionary capital activity including capital calls, distributions and borrowings
•    Record associated journal entries in Investran
•    Maintain all relevant financial reports, including quarter end realized activity and remaining commitment schedules
•    Monitor employee leverage programs, producing line of credit reporting and satisfying reporting obligations with lenders/banks
•    Prepare allocation of carried interest payments for KKR executives and associated reporting
•    Prepare comprehensive financial reporting and analysis for KKR leadership
•    Various reporting for the employee discretionary investing program, including employee fund solicitations and indication of interests schedules

QUALIFICATIONS

•    Bachelor’s Degree or equivalent work experience required
•    Chartered Accountant/ CPA
•    6-9 years of experience in similar roles and understanding business processes for Fund Operations
•    Experience in a multinational Financial Services organization and/or Private Equity preferred
•    Experience with team management roles is preferred
•    Systems/ Tools/ Application knowledge:
-    MS Excel
-    Investran
•    Demonstrates highest levels of integrity
•    Displays high intellectual curiosity and innovative mindset
•    Focus on delivery excellence and accountability
•    Fosters a culture of teamwork and collaboration 
•    Build strong relationships with local and global colleagues
•    Displays behaviors of self-reliance
•    Values and promotes diversity in the team
•    Demonstrates a relationship-driven mindset