Fund Accountant

Dartmouth Partners; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading Private Credit Firm is seeking a Fund Accountant to oversee day-to-day accounting and financial reporting for private credit funds. The ideal candidate will manage financial reporting cycles and ensure compliance with accounting standards. Qualified candidates should have a minimum of 3 years accounting experience, particularly in fund accounting, and possess strong communication skills. This role is crucial for ensuring accurate NAV calculations and timely investor reports, offering a dynamic work environment in Greater London.

Qualifications

• Minimum of 3 years experience in accounting, focusing on fund accounting in private credit.
• Demonstrable experience in managing fund accounting for private equity portfolios.
• In-depth knowledge of accounting standards (IFRS, US GAAP).

Responsibilities

• Oversee day-to-day accounting and financial reporting for a portfolio of private credit funds.
• Ensure accurate NAV calculations and timely reports to investors and management.
• Manage financial reporting cycles adhering to standards and regulations.
• Coordinate with auditors for accurate audits and tax filings.
• Prepare fund-level financial statements and investor reports.

Skills

Fund accounting experience

Strong communication skills

Knowledge of IFRS and US GAAP

Ability to manage multiple priorities

Education

ACA, ACCA, or equivalent accounting qualification

Job description

Dartmouth are working with a leading Private Credit firm to find a Fund Accountant.

This role will be pivotal in ensuring the accurate and efficient reporting and operations of the funds.

Key Responsibilities:

• Oversee the day-to-day accounting and financial reporting for a portfolio of private credit funds.
• Ensure accurate NAV calculations and provide timely reports to investors and senior management.
• Manage the monthly, quarterly, and annual financial reporting cycle for the funds, ensuring adherence to accounting standards and regulatory requirements.
• Coordinate with external auditors and tax advisors to ensure smooth and accurate audits and tax filings.
• Prepare fund-level financial statements, investor reports, and management fee calculations.
• Perform cash and position reconciliations, ensuring that all transactions are accurately recorded.
• Liaise with internal teams, including the investment and legal teams, to ensure the proper accounting treatment for complex investment structures.
• Assist with the ongoing development and implementation of best practices and improvements within fund accounting processes.
• A minimum of 3 yearsxperience in accounting, with a focus on fund accounting in private credit.
• ACA, ACCA, or equivalent accounting qualification.
• Demonstrable experience in managing fund accounting for private equity portfolios.
• In-depth knowledge of accounting standards (IFRS, US GAAP).
• Ability to manage multiple priorities in a fast-paced environment, meeting tight deadlines.
• Strong communication skills with the ability to collaborate with both internal and external stakeholders.