Join our Finance Transformation practice to help Deloitte client service teams define and execute Finance and Global Business Services agendas and strategies. You will work with world-class teams and insights, helping support delivery in challenging environments, market uncertainty, technology development, and regulatory considerations to help unlock value. Your work may span strategy, operations, process design, and technology as we collaborate with teams to enable transforming finance.
Position Summary
Fund Intermediary Payments – Manager
The Fund Intermediary Payments Manager supports end-to-end execution of intermediary payment operations across a portfolio of investment vehicles by preparing and validating payment calculations and supporting schedules, coordinating approvals and funding, reconciling payments to source records, and managing exceptions through resolution. The role works closely with fund accounting, transfer agency, distribution/relationship teams, treasury, and third parties to help ensure payments are timely, accurate, and supported by complete documentation.
Work You Will Do
- Oversee distribution and intermediary fee validation performed by external service provider
- Lead exception management and escalation
- Support intermediary agreement review and maintenance
- Prepare intermediary fee board reporting support
- Support intermediary fee calculations and payment readiness
- Support period-end close and accruals for intermediary expenses
Qualifications required
Must have skills/Project Experience/Certifications:
- Oversee distribution and intermediary fee validation performed by external service provider, review results and supporting evidence, and support variance investigation and resolution through closure.
- Lead exception management and escalation, triaging issues identified through validation or payment processing, coordinating root-cause analysis, and driving resolution to closure with clear ownership and timelines.
- Support intermediary agreement review and maintenance, including compiling agreement inventories, summarizing key economic terms (rates, breakpoints, eligibility, billing cadence), identifying operational implications, and coordinating updates/approvals with stakeholders.
- Prepare intermediary fee board reporting support, including compiling recurring metrics and narratives and coordinating inputs for board/advisory materials.
- Support intermediary fee calculations and payment readiness, including reconciling invoices/statements to expected amounts, confirming approvals, and coordinating payment package completion and funding/settlement tracking.
- Support period-end close and accruals for intermediary expenses, including accrual support, true-ups, and roll-forwards; coordinate with fund accounting on posting support and cutoff alignment.
Good to have skills/Project Experience/Certifications:
- Familiarity with fund accounting/portfolio systems (or similar) will be preferred
Education
- Qualified accountant (CA/CPA/ACCA)
- Post-Graduate/Graduate in Finance /Accounting
Location
· Hyderabad, Bengaluru
Shift/Work Timings
· The role requires flexibility to work in various shift timings, including night shifts, as per business needs.