Accountant, Alternative Investments

QIC Limited; Brisbane; Hybrid; AUD 85,000 - 110,000; Full time

Benefits offered by this job

Flexibility and hybrid options

Recharge leave

Fitness/home office reimbursement

Public holiday swap option

Parental leave 26 weeks

Study support and study leave

Community leave

Career development opportunities

Job summary

QIC Limited is seeking a motivated Accountant to join our Finance team on a 12-month fixed-term contract in Brisbane. You will work within our Alternative Investments Finance group, supporting Private Equity, Private Debt and other asset classes with accurate financial reporting and investment accounting.

You will gain exposure to multiple investment strategies, collaborate with experienced finance professionals, and contribute to process improvements while developing your technical expertise in

Qualifications

• Degree in Accounting, Finance, Commerce or related discipline.
• CA or CPA qualification in progress, or plan to commence one.
• Solid understanding of accounting principles; fund accounting exposure a plus.
• Strong Excel skills and ability to learn new systems quickly.

Responsibilities

• Process investment transactions including capital calls, distributions and valuations.
• Prepare monthly and quarterly fund reporting, reconciliations and NAV calculations.
• Support fund distributions, expense accruals and cost recovery processes.
• Assist with year-end financial statements, audits and tax reporting requirements.
• Collaborate with investment teams and stakeholders to ensure timely reporting.
• Identify process improvements and strengthen controls.
• Support broader Finance activities across investment accounting and operations.

Skills

Attention to detail

Time management

Communication skills

Proactive attitude

Education

Accounting/Finance/Commerce degree

CA/CPA in progress

Tools

Excel

eFront Invest

Job description

• Locations Level 28, 360 Queen Street, Brisbane, Queensland, 4001, AU (Hybrid)

About Us

About QIC:

As one of Australia’s leading institutional investment managerswith more than A$100billion in assets under management, we have a presence across four continents, seven offices and assets across global markets.

At QIC , we believe in shared value — where delivering strong investment returns can go hand in hand with doing good for our clients, people and communities. If we invest well, we will all do better together.

Life at QIC :

We know that our people perform at their best when they feel a sense of belonging and are encouraged to bring their authentic selves to work every day. We provide a supportive work environment where everyone can thrive and feel valued for their meaningful contribution in delivering for the prosperity of our clients, people and communities.

Joining QIC, you can contribute to our employee led networks that champion our diversity, equity and inclusion strategy, which consists of five key pillars: Gender Equality, LGBTQ+, Accessibility, Cultural & Linguistic Diversity, and First Nations People.

Other reasons to join us:

• Flexibility and hybrid options encouraged – certified Family Inclusive Workplace
• Recharge leave – additional 3 days leave per year
• Annual fitness/home office reimbursement
• Ability to swap public holidays for those of personal, cultural or religioussignificance
• 26 weeks gender-neutral paid parental leave
• Financial study assistance and study leave
• Community leave for supporting the causes you love
• Development opportunities to extend, expand and enhance your growth

At QIC, we welcome and encourage applications from Aboriginal and Torres Strait Islander people, the LGBTQI+ community, people with disabilities and people from all cultural backgrounds. We have an equitable, barrier-free application process so please inform us of your accessibility requirements in your application or you can reach out to our Talent Team on 07 3360 3800

Job Description

Build your career in investment accounting with one of Australia's leading institutional investment managers.

The Opportunity

QIC is seeking a motivated and detail-oriented Accountant to join our Finance team on a 12-month fixed-term contract.

This is a fantastic opportunity for an accountant looking to build their career in the funds and investment management industry, gaining exposure to a diverse range of investment strategies and asset classes.

Working within our Alternative Investments Finance team, you'll support QIC's Private Equity, Private Debt, State Investments and Liquid Markets businesses, helping deliver accurate financial reporting, investment accounting and operational support.

You'll join a collaborative team where you'll have the opportunity to work closely with experienced finance professionals, develop your technical expertise and contribute to the ongoing improvement of our processes and systems.

What You'll Be Doing

In this hands-on role, you'll be responsible for a variety of investment accounting and financial reporting activities, including:

• Processing investment transactions, including capital calls, distributions and valuations.
• Preparing monthly and quarterly fund reporting, reconciliations and Net Asset Value (NAV) calculations.
• Supporting fund distributions, expense accruals and cost recovery processes.
• Assisting with year-end financial statements, audits and tax reporting requirements.
• Working with investment teams and internal stakeholders to ensure accurate and timely reporting.
• Identifying opportunities to improve processes, strengthen controls and create efficiencies.
• Supporting the broader Finance team with investment accounting and operational activities.

About You

We're looking for someone who enjoys working with numbers, takes pride in accuracy and is keen to develop their knowledge of investment accounting.

You'll bring:

• A degree in Accounting, Finance, Commerce or a related discipline.
• A CA or CPA qualification in progress, or an aspiration to commence one.
• Sound knowledge of accounting principles, ideally with some exposure to fund accounting or financial services.
• Strong Excel skills and the ability to quickly learn new systems.
• Excellent attention to detail, organisation and time management skills.
• A proactive, positive approach and willingness to contribute across a range of activities.
• Strong communication skills and the ability to build relationships across teams.
• Ideally, you'll have 2+ years of accounting experience, preferably within financial services, investment management or funds management. However, we’re also interested in hearing from candidates with relevant accounting experience who are looking to transition into this sector.
• Experience with investment accounting systems such as eFront Invest would be advantageous but is not essential.

Why this role?

This role offers an opportunity to:

• Build specialist expertise in investment and fund accounting across multiple asset classes.
• Learn from experienced professionals within a collaborative and supportive Finance team.
• Gain exposure to investment management, working closely with investment teams and key stakeholders.
• Make a meaningful contribution by supporting financial reporting, operational excellence and continuous improvement