Fund Accountant

Carnegie Consulting; England; On-site; GBP 60,000 - 90,000; Full time

Job summary

Carnegie Consulting is seeking a fully qualified fund accountant to join a European private debt fund's Finance team in the UK. You will review quarterly and annual fund and SPV accounts, oversee fee calculations and investor reporting.

The role requires ACA/ACCA, solid exposure to investment funds, and a proactive mindset to work within a small team. You will liaise with auditors, administrators and LPs, contributing to cash flow, liquidity, and treasury activities.

Qualifications

• Fully qualified accountant with ACA or ACCA (newly/recently qualified).
• Exposure to investment funds, including private debt, private equity or real estate is preferred.
• Be curious, proactive and able to work well in a small team.

Responsibilities

• Detailed review of quarterly and annual fund and SPV accounts prepared by administrators.
• Review fund drawdown and distribution notices to LPs.
• Oversee management fee calculations, fund invoicing and payments.
• Liaise with auditors regarding the audit of annual accounts.
• Assist in reviewing investor tax reporting for the US and UK.
• Liaise with administrators on KYC items across all vehicles and structures.
• Assist with ad hoc investor queries.
• Work with the asset management team to maintain accurate loan data.
• Ensure the smooth operation of payment and loan authorisation processes.
• Review borrower loan statements prepared by the administrator.
• Maintain fund and loan performance models, both actual and forecast.
• Undertake cash-flow forecasting, liquidity and treasury work.

Skills

Accounts review

Audit liaison

Forecasting

Cash flow

Teamwork

Education

ACA/ACCA

Job description

Our client is a European private debt fund with circa £4bn AUM. As part of its growth plans, a new fund accountant is sought to join their Finance team. You will be a fully qualified accountant (likely ACA or ACCA) from a top mid-tier accounting/audit practice with a combination of accounts preparation and audit work. You will ideally have had exposure to fund management or real estate clients

The Role

• Detailed review of quarterly and annual fund and SPV accounts prepared by administrators.
• Review fund drawdown and distribution notices to LPs.
• Oversee management fee calculations, fund invoicing and payments.
• Liaise with auditors regarding the audit of annual accounts.
• Assist in reviewing investor tax reporting for the US and UK.
• Liaise with administrators on KYC items across all vehicles and structures.
• Assist with ad hoc investor queries.
• Work with the asset management team to maintain accurate loan data.
• Ensure the smooth operation of payment and loan authorisation processes.
• Review borrower loan statements prepared by the administrator.
• Maintain fund and loan performance models, both actual and forecast.
• Undertake cash-flow forecasting, liquidity and treasury work.

Requirements

• You will be a fully qualified accountant, likely to be newly/recently qualified (ACA or ACCA)
• Ideally have exposure to investment funds, including private debt, private equity or real estate
• Be intellectually curious, work in a proactive manner and work well as part of a small team