Fund Accountant, Private Equity

Gen II Fund Services, LLC.; Southampton; Hybrid; GBP 28,000 - 36,000; Full time

Job summary

Gen II (UK) Southampton, based in Southampton, is seeking an Accountant to prepare audited financial statements under IFRS and examine financial records for accuracy. The role involves mentoring junior team members and supporting the finance function.

You will record fund journal entries, reconcile accounts, assist in quarterly or annual financial statements, and liaise with auditors. The ideal candidate is studying ACCA/ACA with 1–2 years in accounting and Excel proficiency.

Qualifications

• Actively studying towards ACCA or ACA qualification.
• 1-2 years accounting experience.
• Working knowledge of Microsoft Excel.

Responsibilities

• Record journal entries related to fund transactions and structures.
• Reconcile bank accounts and investments; maintain general ledgers.
• Assist in preparation of financial statements and investor reports.
• Assist in prep of Fund NAV packs and working papers.
• Coordinate with auditors during year-end audits; provide supporting docs.

Skills

Accounting experience

Education

Pursuing ACCA/ACA

Tools

Microsoft Excel

FIS Private Capital Suite (Investran)

Job description

Gen II (UK) Southampton
Southampton, WHIT PO157AD, GBR

Description

What’s the role?

Within this role we would require individuals to have experience in preparing Audited Financial Statements under IFRS (International Financial Reporting Standards) and be capable of examining financial transactions, identify any potential risks involved and evaluate financial records accurately.

The accountant would report to their direct line manager and be responsible for assisting and mentoring junior members of their team/ division.

What you’ll be doing

• Record journal entries related to fund transactions and associated fund structures
• Reconcile bank accounts, investments and other account balances
• Maintenance of general ledgers
• Assist in preparation of financial statements (quarterly or annual), investor reports and other financial reporting deliverables
• Assist in preparation of Fund NAV packs and working papers
• Coordinate with auditors during year-end audits; provide supporting documentation and responding to audit queries
• Assist in processing capital calls and distributions to investors of the fund structure
• Assist in responding to investor queries
• Assist in relevant fee computations (e.g. management fees, carried interest, etc.)
• Operate within a ISAE 3402 controls environment
• Liaising with external contacts to obtain and provide required information
• Assisting with and contributing to ad hoc projects as required

The ideal background for this role:

• Actively studying towards a recognised accounting qualification (ACCA or ACA)
• 1-2 years accounting experience
• Working knowledge of Microsoft Excel
• Experience using FIS Private Capital Suite (Investran) is preferrable but not required

Role Location/Hybrid Schedule

This role is based in our Southampton office. Although the nature of most of the roles within Gen II cannot be classed as totally flexible, there is scope in some cases for a form of Agile Working. The different ways in which Agile Working can be undertaken is dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.