Senior Manager / AVP – Fund Finance & Fund Operations

Company Overview

Blume Ventures is an established Indian early-stage venture capital firm founded in 2010. The firm invests across technology-led businesses and has evolved into a multi-fund investment platform. Blume's current platform includes its latest Fund V alongside earlier funds, opportunity/continuity vehicles, and SPVs. The firm is known for its dynamic investment approach and commitment to supporting innovative startups across India.

Job Summary

Blume Ventures is seeking a hands-on senior finance professional to join its Mumbai team in a Fund Finance / Fund Controller-track role. The successful candidate will oversee the financial and operational management of approximately 5–6 fund vehicles, working closely with external administrators, auditors, tax advisors, LPs, and internal stakeholders. This role is pivotal in ensuring accurate fund accounting, compliance, and efficient fund operations, with a clear pathway toward a broader Fund Controller position within 2–3 years.

Responsibilities

• Own finance and operational oversight for approximately 5–6 fund/investment vehicles end-to-end, supported by the finance team and external administrators.
• Review outsourced fund accounting activities, financial reports, controls, and deliverables; identify issues, challenge outputs, and drive resolution.
• Coordinate quarterly regulatory, investor, and fund reporting requirements, ensuring accuracy and timeliness.
• Manage fund audit cycles, including coordination with auditors, preparation and review of schedules, and resolution of audit queries.
• Oversee fund tax matters in collaboration with external tax advisors, ensuring timely completion of required actions.
• Manage capital activity across funds, including capital calls/drawdowns, distributions, and exit-related processes.
• Support LP/investor servicing across various investor categories, including institutional, DFI, sovereign, and others.
• Collaborate with fund administrators, auditors, tax advisors, legal/compliance teams, and internal stakeholders to ensure smooth fund operations.
• Monitor fund-level processes, controls, documentation, and compliance across multiple jurisdictions and fund structures.
• Identify and implement process improvements in fund finance systems, controls, and operating infrastructure.
• Lead and develop team members while remaining actively involved in resolving complex fund-level issues.
• Partner with the Finance Head on broader fund finance and operational initiatives as the platform scales.

Qualifications

• 7–8+ years of relevant experience in fund finance, fund accounting, fund operations, or a closely related environment.
• Strong background in VC, PE, AIF, or fund administration environments.
• Demonstrated ownership across multiple funds/vehicles rather than a narrow focus.
• Hands-on experience with fund administrator oversight, issue resolution, and stakeholder coordination.
• Practical knowledge of capital calls/drawdowns, distributions, and exit processes.
• Experience with LP/investor reporting, audit, tax, and regulatory compliance.
• Educational qualifications: CA (Chartered Accountant) or equivalent professional qualification preferred, especially for candidates from fund administration backgrounds.
• Strong communication, stakeholder management, and team leadership skills.

Preferred Skills

• Experience working across multiple jurisdictions and fund structures.
• Familiarity with fund management software and systems.
• Ability to identify and implement process improvements.
• Prior exposure to scaling fund operations in a growing platform.
• Knowledge of regulatory environments relevant to fund operations in India and abroad.

Experience

• 7–8+ years of relevant experience in fund finance, fund operations, or related fields.
• Proven track record of managing multiple fund vehicles and stakeholder relationships.
• Experience working in venture capital, private equity, or alternative investment funds is highly preferred.

Environment

• Location: Mumbai, India.
• Work setting: In-office role with potential for hybrid arrangements.
• Work conditions: Fast-paced, collaborative environment requiring strong coordination with external and internal teams.
• Travel: Not specified, but may involve occasional interactions with global stakeholders.

Salary

• Not specified.

GrowthOpportunities

• Clear pathway to Fund Controller responsibilities within 2–3 years.
• Opportunity to lead broader fund finance and operational initiatives as the platform scales.
• Potential for career advancement within Blume Ventures’ expanding investment platform.

Benefits

• Not specified.