Fund Accountant, Private Equity Fund

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

Job summary

Allbyn is seeking a Fund Accountant to join its Finance function to support internal fund accounting and investor reporting. You will work closely with the Fund Controller and CFO across multiple funds, coordinating with auditors, tax advisors and investors, and taking ownership of fund compliance and cash flow processes.

Key duties include quarterly fund accounts, fund KPIs and IRRs, annual audits, biannual valuations, and assisting with fundraising/IR activities.

Qualifications

• Qualified Chartered / Certified Accountant.
• Strong understanding of fund operations including valuation and accounting.
• Advanced Excel skills including pivot tables and VBA macros.
• Attention to detail and analytical mindset.

Responsibilities

• Reviewing and delivering quarterly Fund accounts, KPIs and IRRs.
• Managing the Funds’ audit.
• Overseeing biannual valuation of portfolio investments.
• Supervising a junior fund accountant.
• Assisting with regulatory compliance and tax reporting.
• Preparing investor drawdowns and distributions.
• Liaising with auditors, tax advisors and investors.
• Providing deal support and cash flow management.

Skills

Analytical skills

Organisational skills

Attention to detail

Team player

Diligence

Education

Chartered/Certified Accountant

Tools

Excel

VBA

Word

Job description

A well-established mid-market private equity fund is seeking a Fund Accountant to join its Finance function to assist in providing internal fund accounting as well as reporting to external investors.

The individual will be working closely with the Fund Controller and CFO, looking after the accounting and reporting on multiple funds as well as liaising closely with auditors, tax advisors and investors on all fund matters. The role will encompass:

• Reviewing and delivering accurate and timely quarterly Fund accounts, Fund KPIs and IRRs and annual audited Fund accounts.
• Managing the annual Funds’ audit.
• Managing biannual valuation of portfolio investments.
• Supervising and coaching a junior fund accountant.
• Taking ownership of Fund and new deal compliance matters, assisting with regulatory compliance (FCA, SEC etc.), compliance record keeping and continuous monitoring.
• Reviewing and assisting with the preparation of Fund tax returns, pro-forma K-1/K-3s, AEOI returns, ERS submissions.
• Taking and writing up of Investment Committee minutes.
• Providing input for bi-annual Fund Investment Review.
• Assisting with Fundraising/IR activities.
• Liaising with the front office as required to ensure underlying portfolio investment information is fed through to the back office on a timely and accurate basis and providing deal support.
• Calculation, reporting, collection and monitoring of investment portfolio cash flows. Safekeeping of all share, loan and tax certificates.
• Investment and income reconciliations for audit and tax compliance.
• Reviewing FIS Investran database entries and managing the reporting function.
• Reviewing and assisting with the preparation of investor drawdowns and distributions, managing the cash flows of the Funds.
• Regular and ad-hoc accounting and tax reporting to investors and deal teams.

Qualifications, Experience and Key Characteristics:

• Qualified Chartered / Certified Accountant.
• Good understanding of fund operations, including valuation, accounting, and payment procedures.
• Advanced knowledge of Excel (e.g. pivot tables, advanced, nested functions, understanding of VBA macros) and Word.
• Strong analytical, organisational and administrative skills.
• Diligence and attention to detail.
• Methodical, self-starter, hands-on and good team player.