Fund Accountant

Lorien; Glasgow; On-site; GBP 45,000 - 60,000; Full time

Job summary

Lorien is recruiting a Fund Accountant for a Private Capital team in Glasgow. The role focuses on fund valuation, accounting services for private capital funds, ensuring compliance with fund documentation, SLAs, and regulatory requirements.

The ideal candidate will handle financial statements, valuations, reconciliations, drawdowns, distributions, and IRR calculations while liaising with clients, auditors, and internal teams to meet deadlines and maintain control standards.

Qualifications

• Strong financial accounting skills with IFRS/UK GAAP/US GAAP experience.
• Excellent Excel and data analysis capabilities.
• Ability to work to deadlines and maintain accuracy under pressure.

Responsibilities

• Prepare and review Financial Statements (IFRS, UK GAAP, US GAAP).
• Prepare valuations, reconciliations, drawdowns, distributions, accruals and expenses.
• Double-entry bookkeeping and cash reconciliation.

Skills

Excel proficiency

Numerical skills

Attention to detail

Communication

Education

ACCA/ACA or equivalent

Tools

Fund accounting software

Job description

Fund Accountant - Private CapitalLocation: Glasgow

Contract: 6 months initially, Inside IR35

The Role

Join a Private Capital Fund Accounting team, providing fund valuation and accounting services to private capital funds, ensuring compliance with fund documentation, client SLAs, and regulatory requirements.

Key Responsibilities

• Prepare and review Financial Statements (IFRS, UK GAAP, US GAAP)
• Prepare valuations, reconciliations, drawdowns, distributions, accruals and expenses
• Double-entry bookkeeping and cash reconciliation
• Prepare investor capital statements and IRR calculations
• Liaise with clients, auditors and internal teams; attend client/audit meetings
• Ensure client SLAs and internal deadlines are met
• Support process/checklist improvements and control documentation
• Support system/platform implementation and change activity

What We're Looking For

Essential:

• Financial services experience, ideally fund accounts preparation (private capital preferred)
• Fully or part qualified (ACCA/ACA or similar) preferred; currently studying will also be considered
• Strong numerical skills and excellent Excel proficiency
• Highly organised with excellent attention to detail
• Strong communicator, team player, able to meet deadlines

Desirable:

• Understanding of private capital fund structures (GP/LP/Feeder)
• Awareness of private capital industry standards and regulations
• Experience in a multi-national environment