Fund Accountant

Accountancy Expertise Ltd; Fareham; Sur place; GBP 32 000 - 46 000; Plein temps

Résumé du poste

Accountancy Expertise Ltd is seeking a detail-oriented fund accounting professional to join our Fareham team. The role focuses on NAV calculation, financial reporting, capital calls, and investor coordination within our Client Services Department.

You will handle daily reconciliations, accounting entries, and year-end processes, while supporting audits and ensuring IFRS/UK GAAP compliance for a range of funds.

Qualifications

• NAV calculation experience and ability to prepare financial statements.
• Experience producing financial statements and management accounts to IFRS/UK GAAP.
• Fund accounting experience in open-ended environments; familiarity with audit requirements.

Responsabilités

• Perform daily cash reconciliations and ensure timely settlement of transactions.
• Book daily transactions in the internal accounting system.
• Monitor overdue payments and liaise with investors and internal teams.
• Prepare and send capital calls and distributions to investors, including legal documentation.
• Assist with NAV calculations and year-end closes, reconciling balance sheets and P&L.

Connaissances

NAV calculation

Financial statements

Management accounts

Fund accounting

Audit support

Excel

Word

Outlook

eFront

Luxembourg law knowledge

PERE sector knowledge

Fluent English

Formation

ACCA/ACA part qualified

Outils

eFront

Description du poste

What's the role?

This is a unique opportunity to join a dynamic and fast-growing private equity and open-ended fund administration service provider in our Fareham office. The role sits within the Client Services Department, reporting to the Manager/Supervisor. The main activities of the department are fund accounting, financial reporting, net asset value calculation, capital calls, distributions, and investor reporting.

What you'll be doing

• Perform daily cash reconciliations, ensuring transactions are settled in a timely manner
• Book daily transactions in the internal accounting system within agreed portfolio timescales
• Monitor and manage outstanding / overdue payments
• Ensure all supporting documentation is received and filed as per internal procedures
• Prepare, book and send capital calls and distributions to investors (including the preparation of legal documentation)
• Collect, process and control capital calls and distributions received from target investments
• Collect, analyse and reconcile target capital account information
• Prepare payments by verifying documentation and requesting disbursements
• Liaise with external providers to provide documents supporting the preparation of tax returns (CIT, MBT, NTW and VAT)
• Provide any information requested by internal teams or clients promptly and smoothly
• Other day-to-day administrative tasks as required
• Assist senior team members in annual, semi-annual and quarterly closing activities, preparation of the NAV in accordance with waterfall models, including reconciliation of balance sheet and profit & loss accounts
• Prepare annual accounts for basic funds including relevant required disclosures and ensure that all local regulatory and accounting standards are met. Preparation of any required adjustments between Luxembourg GAAP and IFRS or US GAAP
• Assist with year-end audits including preparation of relevant files and issue resolution
• Preparation of the consolidation package for internal group reporting
• Ensure the companies best practices and key policies are applied, and any significant issues are brought to the mangers attention

The ideal background for this role:

• Studying a recognised accounting qualification (ACCA or ACA part qualified)
• Direct experience of producing Net Asset Value calculation, financial statements and/or management accounts
• Experience in producing financial statements and/or management to IFRS, UK GAAP or other appropriate standards for a range of entities
• Fund accounting experience in open-ended environment and experience of dealing with audit requirements would be preferred
• Knowledge in listed asset classes (equities, fixed income, derivatives, OTC, Fund of Funds) would be seen as a real asset
• Knowledge of Luxembourg corporate laws and structures, any specific PERE sector knowledge (e.g. SOPARFI, SICAR, SIF, RAIF, SLP) is considered an asset
• Excellent interpersonal and communication skills, including contributing to and being part of a strong team spirit
• Result-orientated with a sense of responsibility and commitment to delivering quality work
• Ability to work autonomously, taking full ownership of assigned responsibilities
• Excellent organizational skills complemented by a "can do" attitude
• Fluent in English (verbal and written communication), any other language is considered an asset
• Competency in Microsoft Word, Excel and Outlook, any knowledge of eFront would be an advantage