Fund accountant (private equity/debt)

I am looking for a commercial fund accountant to join a leading global alternative investment manager operating in the credit, private equity and real estate space. They are looking for someone to join their London team working closely with their international offices on their private debt strategy.

Based in the heart of Mayfair (in fantastic offices); with over £200 billion AUM, they are industry experts in a variety of different asset classes (as expressed above). Their entrepreneurial ethos would present you with the opportunities to assist in the growth of a successful team. Further to the market leading brand reputation that they hold, they are also renowned for their culture; they are pioneers of progressive working with people at the heart of everything that they do - flexible working for instance is something that has long been in existence (even before COVID). They also practice what they preach with a fantastic benefits package that includes not just a strong discretionary bonus but lunch paid for daily, a great pension and more.

Their finance team currently consists of 12 professionals who embody the firm's team-focussed culture. The role reports directly into the Head of the team and has exposure to the Investor relations, Investment and Portfolio Management teams. Working with these teams means that the candidate we are looking for must be interested in an analytical and commercial role; someone with fund accounting experience but also strong excel skills and an ability to speak to senior stakeholders.

Remuneration is open based on individual's experience, discretionary bonus is competitive. Requirements and responsibilities are below; if this is of interest, please apply below or do not hesitate to get in touch directly at:

Requirements

ACA-qualified, or equivalent, with 2-6 years' PQE

Fund accounting experience (private equity or private debt)

Strong Microsoft Excel (financial modelling experience)

Responsibilities

• Create financial models and present data in effective formats using excel and Microsoft access
• Produce detailed reports and forecasts, in addition to developing and maintaining data collection procedures and policies
• Carry out business studies on past and present performance of a fund and business to make predictions, simulations and models
• Help develop automated accounting programs to increase productivity and business efficiency
• Ad-hoc reporting and various special projects for both internal and external use
• Contribute to regular review of overall processes and deliverables to improve effectiveness, efficiency, and accuracy.
• Participate in team projects for process automation and standardisation.
• Fund accounting and financial statement reporting of multi-currency funds
• Review monthly NAV reconciliations with fund administrator
• Review calculation of management fees and performance fees
• Review of quarterly and annual GAAP financial statements and footnote disclosures for multiple funds
• Prepare/review quarterly management company reporting requirements
• Prepare and/or review debt compliance reporting
• Calculate fund performance metrics
• Assist in managing relationships and liaise with internal resources, offshore resources, external fund administrator(s), and external auditors to meet all monthly, quarterly and annual reporting deadlines
• Review wire preparations
• Review general ledger entries
• Cash flow projections and liquidity management, including LP capital activity (ie: capital calls/subscription and distribution/withdrawal calculations)
• FX hedging management