Assistant Fund Accountant
- Recruiter
- Marks Sattin
- Location
- Homeworking
- Salary
- £33000 - £36000 per annum + study support ACCA/CIMA
- Posted
- 22 Oct 2021
- Closes
- 19 Nov 2021
- Ref
- BBBH166961
- Contact
- Rebekah Froom
- Job Title
- Part Qualified
- Category
- Banking and Financial Services
- Experience Levels
- Part Qualified
- Contract Type
- Permanent
- Hours
- Full Time
An assistant fund accountant opportunity with a fund administration company who provide services to top tier clients across Private Equity, Real Estate and Debt.
They have grown exponentially over the past 10 years with over 400 staff across offices in London, Europe, New York and Asia. They now provide services to over 220 funds, representing a net asset value of £8 billion.
As an Assistant Fund Accountant, you are a key contact for their clients. You will also be able to develop your management skills as you will be reviewing and managing the work of the assistant accountant's within the team.
This opportunity would be well suited to an individual coming from an accounting practice, as you will need to have a strong competence in accounting with the ability to prepare a full set of accounts.
They will provide study support towards ACCA or CIMA qualification.
Responsibilities of Assistant Fund Accountant include:
- Take ownership of a client portfolio
- Prepare complex calculations and models such as fund waterfalls, equalisations, consolidations and reporting metrics like IRRs
- The preparation of management accounts & NAVs
- The production of quarterly investor reports
- Producing and distributing partnership capital accounts
- Producing financial statements - typically IFRS or UK GAAP compliant
- Cash flow statements, cash flow forecasts and cash monitoring
- Statutory information and reporting including FATCA, CRS, CIS, tax and Companies House filings
- Compile, analyse and operate on the financial information underlying the fund, its transactions and the financial statements
- Coaching, leadership and training for team Assistant Accountants
Requirements of assistant fund accountant:
- Be educated to degree level (2:1 and above desirable) OR AAT qualified with all levels completed
- Have professional accounting work experience - typically a minimum of 2 years are desired
- Must be able to prepare a full set of management and financial accounts
- A strong understanding of UK GAAP, IFRS and other relevant accounting standards
- You must have excellent interpersonal, organisational and communication skills