Analyst - Management Company Accounting (UK)

HPS Investment Partners; London; Hybrid; GBP 40,000 - 70,000; Full time

Job description

Analyst - Management Company Accounting (UK)

HPS Investment Partners is a leading global investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offers the flexibility to invest in companies large and small, through standard or customized solutions. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients, who have entrusted us with approximately $149 billion of assets under management as of December 2024. HPS has approximately 250 investment professionals and over 770 total employees, and has fourteen offices globally.

HPS believes in the importance of giving back to its communities, and in promoting diversity and inclusivity at the firm. We are dedicated to fostering enduring community relationships, and we support our team's community involvement through volunteer work, board service, and other contributions. In addition, environmental, social, and governance (ESG) considerations are central to HPS's culture and investment processes.

Department Description

The Management Company Accounting team ensures all financial transactions are properly identified, interpreted, analyzed and reported throughout the organization and to various external stakeholders for measurement and assessment of financial performance. The team is responsible for ensuring that resources are properly budgeted and allocated throughout the organizations by ensuring risks are properly managed and controls are sufficiently designed and that such firm investments are appropriately strategized to generate sufficient returns and distributions. The Group collaborates with all aspects of the Firm including strategic corporate investors, partners, BDIR, tax, payroll, operations, legal and compliance, and fund accounting, amongst others.

Position Description

The Management Company Accounting Analyst will be responsible for assisting controllers with the monthly close, cash reconciliations, expense accruals, financial statement preparation and various quarterly/annual projects. This involves the day to day accounting and operations for legal entities, all the way through to preparing audited financial statements at the end of the year.

Responsibilities

Specific responsibilities will include but not be limited to the following:

• Work closely with controllers to support monthly, quarterly and annual close process
• Preparation of accounting entries into general ledger
• Reconcile cash transactions
• Recording expense accruals
• Work closely with controllers and external auditors through the preparation and execution of financial statements
• Roll forwards and analysis of key account balances on a monthly basis
• Preparation of regulatory filings for submission to respective international regulatory bodies
• Research relevant accounting pronouncements and regulatory rules on an as needed basis
• Prepare various forecasts and ad hoc analysis on an as needed basis for firmwide stakeholders
• Enhance and automate reporting capabilities of company's general ledger
• Assist with all accounting and operations for the firm's rapidly growing CLO business
• Manage investor commitment schedules to capture business activities

Candidate Profile

• CPA license preferred
• Big 4 public accounting firm experience preferred
• 2 to 5 years' experience in relevant jobs
• Financial services industry experience, asset management preferred
• Experience with Workday general ledger and/or Workiva a plus
• Experience with technology enhancements and implementations a plus
• Strong analytical and communication (oral and written) skills
• Proficient in MS Word and Excel; Advanced Excel skills
• Ability to establish and maintain effective working relationships

Location:

• London, UK

Hybrid Work Schedule

• 4/1 split (M-Th work from office, F work from home)