Fund Accountant

Lunate; Abu Dhabi; On-site; AED 120,000 - 150,000; Full time

Job summary

A leading investment management firm in Abu Dhabi seeks a detail-oriented Fund Finance Associate to manage financial operations. The role involves financial reporting, fund accounting, compliance, and investor reporting. Candidates should have a relevant degree and 3-5 years of experience in fund finance or accounting.

Qualifications

• 3-5 years of experience in fund finance or accounting, preferably in asset management.
• Strong understanding of financial markets and fund structures.

Responsibilities

• Assist in preparation of financial statements and analysis for funds.
• Maintain general ledger and perform reconciliations.
• Ensure compliance with GAAP and assist in audits.

Skills

Analytical

Problem-Solving

Communication

Organizational

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Bachelor’s degree in Business

Tools

QuickBooks

SAP

Oracle

Microsoft Excel

Job description

Firm Overview:

Lunate is an Abu Dhabi-based, partner-led, independent global alternative investment manager with more than 200 employees and $105 billion of assets under management. Lunate invests across the entire private markets spectrum, including buyouts, growth equity, early and late-stage venture capital, private credit, real assets, and public equities and public credit. Lunate aims to be one of the world’s leading private markets solutions providers through SMAs and multi-asset class funds, seeking to generate best-in-class risk-adjusted returns for its clients.

Role Overview:

The Fund Finance Associate will play a critical role in managing the financial operations of the firm’s investment funds. This position requires a detail-oriented and organized individual who can handle financial reporting, analysis, and various accounting functions related to the funds. The Fund Finance Associate will work closely with the Fund Finance Manager, portfolio managers, and other departments to support the firm’s financial and operational objectives.

Key Accountabilities:

• Financial Reporting and Analysis: Assist in the preparation of monthly, quarterly, and annual financial statements for the funds. Conduct financial analysis to identify trends, variances, and opportunities for improvement. Support the preparation of management reports and presentations.
• Fund Accounting: Maintain the general ledger for assigned funds, ensuring accuracy and completeness of financial data. Perform daily and monthly reconciliations of cash, positions, and market values between internal records and external counterparties. Assist in the calculation and review of net asset values (NAVs) for the funds.
• Budgeting and Forecasting: Support the development and monitoring of annual budgets and forecasts for the funds. Assist in the analysis of budget variances and financial performance against forecasts.
• Compliance and Audit: Ensure compliance with GAAP, internal policies, and regulatory requirements. Assist in coordinating and supporting external audits and regulatory examinations. Maintain documentation and records in accordance with audit and compliance standards.
• Investor Reporting: Prepare and distribute investor reports and statements in a timely and accurate manner. Respond to investor inquiries and requests, providing necessary information and support.
• Process Improvement: Identify opportunities to streamline and improve financial and operational processes. Assist in the implementation of new systems and technologies to enhance efficiency.
• Tax and Regulatory Filings: Assist in the preparation and filing of required tax returns and regulatory reports for the funds. Stay updated on changes in tax laws and regulations affecting the funds.

Qualifications & Experience:

• Bachelor’s degree in Accounting, Finance, Business, or a related field.
• 3-5 years of experience in fund finance, accounting, or a related field, preferably within asset management.
• Strong understanding of financial markets, investment products, and fund structures.
• Proficiency in accounting software and financial management systems (e.g., QuickBooks, SAP, Oracle).
• Advanced proficiency in Microsoft Excel and other financial analysis tools.
• Excellent analytical, problem-solving, and organizational skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• High level of integrity and professionalism.