Fund Accountant, Private Equity

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

Job summary

Gen II Fund Services in Southampton is seeking a junior fund accountant to support the preparation of financial statements under IFRS, record journal entries, and assist with investor reporting.

You will work under a line manager, mentor juniors, and coordinate with auditors; ACCA/ACA studies and 1–2 years of accounting experience are ideal. The role offers hybrid working in our Southampton office, with exposure to FIS Investran and strong Excel requirements.

Qualifications

• Actively studying towards ACCA or ACA.
• 1–2 years of accounting experience.
• Proficient with Microsoft Excel.
• Experience with FIS Private Capital Suite (Investran) is preferred but not required.

Responsibilities

• Record journal entries for fund transactions.
• Reconcile bank accounts and investment balances.
• Maintain the general ledger.
• Assist in preparing financial statements and investor reports.
• Support Fund NAV packs and working papers.
• Coordinate with auditors during year‑end audits.
• Process capital calls and distributions.
• Respond to investor queries.
• Assist with fee computations (management fees, carried interest).
• Operate within an ISAE 3402 controls environment.
• Liaise with external contacts and contribute to ad hoc projects.

Skills

Analytical thinking

Attention to detail

Education

ACCA/ACA in progress

Tools

Microsoft Excel

FIS Private Capital Suite (Investran)

Job description

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.