Client Assistant Accountant, Funds

IQ-EQ; City of Westminster; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services firm in the City of Westminster is seeking a qualified professional to manage private equity and real estate clients. The ideal candidate will oversee financial statement reviews and ensure compliance with reporting requirements. Strong client relationship management skills and a minimum of 2 years of experience in an accounting role are required. Candidates with IATI or ACCA qualifications are preferred.

Qualifications

• Experience managing private equity or real estate clients.
• Strong understanding of UK GAAP or IFRS.
• Ability to review financial statements and reports.
• Experience in client relationship management.

Responsibilities

• Manage day-to-day responsibilities for designated clients.
• Review quarterly and annual financial statements.
• Communicate effectively with clients and stakeholders.
• Oversee preparation of client deliverables.

Skills

Stakeholder Management

Financial Reporting

Problem Solving

Intermediate Excel

Education

Higher level education or equivalent

IATI qualification

ACCA - Passed 5 exams

ACA - Passed CAP1 exams

Job description

Responsibilities

• Day to day responsibility for the management of designated Private Equity or Real Estate Clients.
• Review quarterly and annual financial statements and reports.
• Work closely with your line Manager and Technical & Training Team to ensure financial statements meet the Funds' reporting requirements, e.g., UK GAAP or IFRS.
• Review investor drawdown calculations to ensure accuracy of figures as Funds seek access to their commitments from investors.
• Review investor distribution calculations to ensure the flow of funds from the sale of an investment are accurately recorded so that proceeds are appropriately allocated and paid to investors.
• Ensure the accurate communication of all cash movements between the Fund and its Investors through the issuance of relevant notices to investors.
• Oversee the preparation and completion process of Client deliverables including agreeing timetables with Clients, and thereafter monitoring progress against these to ensure deliverables are on track.
• Conduct regular Client calls with CFO or Financial controller to ensure open and effective communication at all times.
• Responsible for supporting other staff as an expert on designated clients and funds.
• Gain a good understanding of the accounting framework for each designated client (as prescribed in the Fund's legal documentation, the LPA) and ensure the movement of funds and transactions are treated in accordance with this framework.
• Contribute ideas to improve processes to either gain efficiencies or reduce risk.

Key competencies

• Balances Stakeholders
• Courage
• Decision Quality
• Drives Results
• Optimise Work Processes

Key behaviours

• Relationship building
• Team working
• Taking ownership
• Prioritisation
• Resilience
• Positivity

Qualifications

• Higher level education, IATI qualification or equivalent
• ACCA candidates: Passed 5 exams or more. Those with 5 or more exemptions from their university course must have at least 2 years' experience in an accounting role / professional environment.
• ACA candidates: Passed CAP1 exams. Those with CAP1 or CAP2 exemptions from their university course must have at least 2 years' experience in an accounting role / professional environment.
• Ideally has experience reviewing working paper files and Financial Statements, including disclosures or alternatively can demonstrate strong accounting background through previous experience and CPD.
• Management of client relationships and experience with resolving issues directly with clients.
• Intermediate Excel skills.