Fund Accountant

eFinancialCareers; Greater London; On-site; GBP 55,000 - 75,000; Full time

Job summary

eFinancialCareers is assisting a rapidly growing global alternative investment manager in London to recruit a Fund Accountant / Assistant Fund Controller into the finance team. You will gain exposure across the full fund lifecycle, working with a private credit and private equity portfolio, supporting NAVs, investor reporting and fund-structure analysis.

The role offers broad development within an evolving finance function, with opportunities to contribute to controls, automation and AI-led

Qualifications

• Fund accounting, audit or fund financial reporting experience.
• 3–6 years' relevant experience; ACA/ACCA/CA/CPA or equivalent.
• Experience with private credit, private equity or other alternative investment strategies is advantageous.

Responsibilities

• Oversee NAVs and fund accounting produced by third-party administrators.
• Handle investor allocations, subscriptions, redemptions, capital calls and distributions.
• Prepare quarterly and annual financial statements and investor reporting.
• Value funds, including illiquid private credit and equity investments.
• Manage cash and liquidity, expense allocations and management fees.
• Liaise with administrators, auditors, tax advisers, legal teams and other service providers.
• Support investment teams with fund- and transaction-related analysis.
• Review activity against LPAs, offering documents and side letters.
• Improve controls, reporting and fund-finance processes.
• Support automation, systems and AI-led initiatives in the finance function.

Job description

We are working with a rapidly growing global alternative investment manager to hire an Fund Accountant/ Assistant Fund Controller into its London finance team.

The firm manages a range of private and liquid investment strategies, with a particular focus on private credit, special situations and private equity .

This is an excellent opportunity for someone in the earlier stages of their fund-finance career who wants to gain broader exposure within a sophisticated alternative investment platform.

Working closely with the Fund Controller, you will support a portfolio of predominantly open-ended private credit and private equity funds , gaining exposure across the full fund lifecycle rather than operating within a narrow accounting remit.

The role You will be involved in:

• Oversight and review of NAVs and fund accounting produced by third-party administrators
• Investor allocations, subscriptions, redemptions, capital calls and distributions
• Quarterly and annual financial statements and investor reporting
• Fund valuations, including exposure to illiquid private credit and equity investments
• Cash and liquidity management, expense allocations and management-fee calculations
• Liaising with administrators, auditors, tax advisers, legal teams and other service providers
• Supporting investment teams and senior stakeholders with fund and transaction-related analysis
• Reviewing fund activity against LPAs, offering documents and side letters
• Improving controls, reporting and fund-finance processes
• Supporting automation, systems and AI-led initiatives as the finance function continues to evolve

The individual We are looking for someone with a strong grounding in fund accounting, audit or fund financial reporting , ideally gained within an alternative investment manager, Big Four firm or leading fund administrator.

You are likely to have approximately 3-6 years' relevant experience and could be qualified or part-qualified ACA / ACCA / CA / CPA or equivalent .

Experience of private credit, private equity or another alternative investment strategy would be advantageous, although candidates with strong technical fund-accounting experience who are looking to develop their private-markets exposure will also be considered.