Manager, Accounting - Private Equity

Gen II Fund Services; Southampton; On-site; GBP 60,000 - 80,000; Full time

Job summary

Gen II Fund Services in Southampton is seeking an experienced Finance Manager to oversee a team delivering financial reporting for a range of complex clients, including different fund structures. You will review statements to UK GAAP, US GAAP or IFRS and prepare Net Asset Values.

The role includes liaising with auditors, meeting statutory deadlines, and coaching junior staff while driving process improvements and adherence to procedures.

Qualifications

• Recognised accounting qualification (ACCA or ACA).
• At least 5 years PQE in fund accounting or related fields.
• Experience producing financial statements to UK GAAP, US GAAP or IFRS.

Responsibilities

• Review financial statements for varied client structures to UK GAAP, US GAAP or IFRS.
• Prepare & review Net Asset Values.
• Lien with auditors for financial audits; ensure deadlines.
• Oversight and development of junior staff; coaching and training.

Skills

Financial reporting

People management

Coaching

Education

ACCA/ACA

5 years PQE

Job description

Through management and leadership of a team deliver the financial reporting requirements for a range of complex clients, which may include a range of fund structures - all in line with the defined business activities.

What you’ll be doing

Accounts Review & Preparation

• Review financial statements for a wide range of client structures and differing complexity to UK GAAP, US GAAP or IFRS standards
• Prepare & review Net Asset Values
• Review a full file of working papers for all financial statements prepared
• Liaise with auditors in respect of the financial audit of client entities as required
• Ensure that financial statements prepared are completed and signed off within client, statutory or regulatory deadlines
• Attend client meetings in respect of accounting matters as required
• Review annual and periodic accounts prepared by team

Transactional

• Review & sign-off drawdown, equalisation and distribution files

Managerial

• Oversight of more junior accountants and trainees
• Coach and deliver training to more junior colleagues and embed best practice
• People line management
• Ensure team adherence to internal company procedures
• Development/enhancement of team specific procedures

Other

• Deliver business improvements through use of systems, creation of automated reporting and embedding best practice
• Monitor profitability and recoverability of engagements and ensuring that functions are carried out in accordance with agreed fee levels and identifying and reporting to client accounting manager potential overruns at the earliest opportunity
• Create and maintain client specific accounting procedures
• Liaise with external contacts to obtain and provide required informationLead and contribute to ad hoc projects as required
• Conduct appraisals for direct reporting team members
• Coach team in relation to client activities and Crestbridge procedures
• Coach team in relation to time management, financial management and prioritisation skills

The ideal background for this role:

• Recognised accounting qualification (ACCA or ACA)
• At least 5 years PQE
• Direct experience of producing financial statements for a variety of fund types within various jurisdictions
• Experience in producing financial statements to UK GAAP, US GAAP or IFRS
• Experience of developing and coaching others on a one to one basis

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.