Fund Accountant, Private Markets

NACBA; Greater London; Hybrid; GBP 55,000 - 85,000; Full time

Job summary

NACBA seeks a fully qualified fund accountant to join its Finance team. You will review fund and SPV accounts, oversee drawdowns and distributions, and manage fee calculations. Experience with investment funds, including private debt or real estate, is preferred. A proactive, team-oriented mindset is essential.

The role involves liaising with auditors, assisting with investor tax reporting, and maintaining loan data and treasury processes in a small, focused team.

Qualifications

• Fully qualified accountant (ACA or ACCA).
• Exposure to investment funds including private debt, real estate or private equity is preferred.
• Proactive, curious and works well in a small team.

Responsibilities

• Review quarterly and annual fund and SPV accounts prepared by administrators.
• Review fund drawdown and distribution notices to LPs.
• Oversee management fee calculations, fund invoicing and payments.
• Liaise with auditors regarding the audit of annual accounts.
• Assist in reviewing investor tax reporting for US and UK.
• Liaise with administrators on KYC items across all vehicles and structures.
• Assist with ad hoc investor queries.
• Work with asset management to maintain loan data.
• Ensure smooth operation of payment and loan authorisation processes.
• Review borrower loan statements prepared by the administrator.
• Maintain fund and loan performance models, both actual and forecast.
• Undertake cash-flow forecasting, liquidity and treasury work.

Skills

Fund accounting

Teamwork

Education

ACA or ACCA qualification

Job description

Our client is a European private debt fund with circa £4bn AUM. As part of its growth plans, a new fund accountant is sought to join their Finance team. You will be a fully qualified accountant (likely ACA or ACCA) from a top mid-tier accounting/audit practice with a combination of accounts preparation and audit work. You will ideally have had exposure to fund management or real estate clients

The Role:

• Detailed review of quarterly and annual fund and SPV accounts prepared by administrators.
• Review fund drawdown and distribution notices to LPs.
• Oversee management fee calculations, fund invoicing and payments.
• Liaise with auditors regarding the audit of annual accounts.
• Assist in reviewing investor tax reporting for the US and UK.
• Liaise with administrators on KYC items across all vehicles and structures.
• Assist with ad hoc investor queries.
• Work with the asset management team to maintain accurate loan data.
• Ensure the smooth operation of payment and loan authorisation processes.
• Review borrower loan statements prepared by the administrator.
• Maintain fund and loan performance models, both actual and forecast.
• Undertake cash-flow forecasting, liquidity and treasury work.

Requirements:

• You will be a fully qualified accountant, likely to be newly/recently qualified (ACA or ACCA)
• Ideally have exposure to investment funds, including private debt, private equity or real estate
• Be intellectually curious, work in a proactive manner and work well as part of a small team