Fund Accountant

LCM Partners Limited; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player in alternative investment management is seeking a detail-oriented Fund Finance professional. This role offers the opportunity to engage with various financial processes, including fund accounting, cash forecasting, and regulatory reporting. Join a dynamic team where your expertise in financial literacy and accounting will be valued and expanded. You'll work closely with external stakeholders and contribute to ensuring the efficient administration of fund strategies. With a focus on professional growth and collaboration, this position promises to be both challenging and rewarding, making a significant impact in the financial sector.

Benefits

Discretionary annual performance related bonus

Fully paid comprehensive health care plan

Pension

Life insurance

25 days holiday

Qualifications

• Professional accounting qualification is essential.
• Graduate with one year post-qualification experience in Private Debt or Equity.

Responsibilities

• Prepare monthly investor NAV and performance estimates.
• Assist with fund cash forecasting and related distribution requirements.

Skills

Financial Literacy

Teamwork

Organizational Skills

Attention to Detail

Numeracy

Education

Recognised Professional Accounting Qualification (ACA, ACCA)

Graduate Degree

Tools

Microsoft Excel

Job description

One of Europe’s leading alternative
investment management firms.

Role Overview

LCM Partners is one of Europe’s leading alternative investment management firms with 25 years’ experience investing in private debt.

Established in 1998, the Group is responsible for managing over €120bn of loans as a specialist in the investment and management of performing and non-performing receivables with over 2,000 people in 14 offices across ten European countries. Specialising in the more granular end of the private credit markets, the firm acquires pools of loans from financial institutions via the LCM Credit Opportunities fund strategy (COPS) and provides new origination through its direct lending fund strategy, LCM Strategic Origination & Lending Opportunities (SOLO).

The successful candidate will be a member of the Fund Finance team, working within fund accounting, ensuring efficient administration of the LCM strategies. The role will be varied in scope, encompassing fund accounting processes as well as deal support and related legal and corporate secretarial processes. It will suit someone with a solid accounting/funds background, interested in widening their scope of responsibilities and in joining an ambitions team to provide best in class service to the business.

What you'll do

From day one you’ll be fully involved within the Fund Finance team with specific projects and tasks in the following areas:

• Using in-house valuation models to prepare monthly investor NAV and performance estimates
• Review monthly and quarterly fund accounting packs prepared by external administrators
• Liaising with external fund administrators, banks, servicers, auditors etc.
• Assist with fund cash forecasting and related fund drawdown and distribution requirements
• Assist with the management and reporting of local jurisdiction SPVs, including regular reporting process, Corporate tax and VAT oversight
• Liaising with board directors to coordinate quarterly and ad hoc boards, including assisting with preparation of board materials
• Assist with the preparation of fund regulatory and tax reports
• Other ad hoc projects and tasks as required by senior management

What's required

• Recognised professional accounting qualification – ACA, ACCA, or equivalent – is essential
• Graduate with one year post-qualification in a Private Debt or Equity related role, either in an alternatives fund or at a service provider such as a fund administrator or audit practice
• Familiarity with fund structures, related legal documentation and related regulation
• Understanding of underlying asset classes
• Must be numerate and able to demonstrate strong financial literacy
• Strong team player, able to build relationships with both the wider business and external stakeholders
• Strong organisational skills
• Excellent attention to detail
• Fluent Written & Spoken English to a high standard
• Microsoft Office particularly Excel to an advanced level

Our reward for your work

• Participation in discretionary annual performance related bonus (as an additional % of salary)
• Fully paid comprehensive health care plan
• Other benefits include pension and life insurance
• 25 days holiday

Primary location

London, SW1

Job type

Full-time

Package

• Discretionary annual performance related bonus