Senior Fund Accountant

Gen II; Southampton; Hybrid; GBP 55,000 - 85,000; Full time

Job summary

Gen II Southampton is seeking an experienced fund reporting accountant to deliver financial statements for a major private equity client across funds and entities. You will prepare annual statements under UK GAAP/IFRS/US GAAP, with quarterly reports and NAV packs, review journals, and coordinate with auditors.

You will mentor junior staff and ensure compliance with deadlines and ISAE controls. The role requires ACCA/ACA or equivalent, 2–3 years’ accounting experience in financial services

Qualifications

• Experience producing financial statements under UK GAAP, IFRS or US GAAP.
• Ability to coach and develop junior staff.
• Strong Excel skills for financial analysis and reporting.

Responsibilities

• Prepare annual financial statements for private equity funds and related entities under major GAAP.
• Prepare quarterly fund financial statements and investor capital accounts.
• Review journals and maintain general ledgers.
• Compile working papers and NAV packs for financial statements.
• Liaise with auditors and ensure deadlines are met.
• Assist with drawdown, equalisation and distribution files.
• Analyse transaction documentation and fund fee computations.
• Supervise and develop junior accountants and trainees.

Skills

Microsoft Excel

Leadership/mentoring

Education

ACCA/ACA or equivalent

Job description

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

Description

What's the role?

To deliver the financial reporting requirements for a high profile, complex private equity client, which may include a range of fund structures.

Whatyou'llbe doing

Preparation of annualfinancial statementsfor PE fund and related entities in major GAAP (IFRS, US GAAP, UK GAAP)

• Preparation of quarterly fund financial statements, investors capital account statements and other financial reports
• Review of journal entries prepared by fund accountantsand maintenance of general ledgers
• Compile & review a full file of working papers/NAV Packsfor all financial statements prepared
• Liaise with auditors in respect of the financial audit of client entities asrequired
• Ensure that financial statements prepared are completed and signed off within client, statutory or regulatory deadlines
• Attend client meetings in respect of accounting matters asrequired
• Identification of complex and significant accounting technicalissues, ifany
• Assistin resolution of any accounting issues with Managers and Directors
• Prepare drawdown,equalisationand distribution files
• Analyse and interpret transaction documentation
• Preparation and maintenance of fund fee computations (e.g. management fees, carried interest, etc.)in accordance withLimited Partnership Agreements and other source legal documentation
• Oversightand supervisionof more junior accountants and trainees
• Ensure team adherence to internal company proceduresincluding ISAE 3402 control environment
• Development/enhancement of team specific procedures
• Assistwith the creation and maintenance of client specific accountingprocesses andprocedures
• Liaise with external contacts to obtain and provide required information
• Assistwith and contribute to ad hoc projects asrequired

The ideal background for this role:

• At least actively studying towards a recognised accounting qualification (ACCA, ACA or equivalent), fully qualified accountant is preferrable but notrequired
• At least 2to 3yearsaccounting experiencepreferably in financial services industry but notrequired
• Experience in producing financial statements to UK GAAP, USGAAPor IFRS
• Experience of developing and coaching others on a one-to-one basis
• Competent user of Microsoft Excel

Role Location/Hybrid Schedule

This roleis based in ourSouthamptonoffice.Although the nature of most of the roles within Gen II cannot be classed astotally flexible, there is scope in some cases for a form of Agile Working. Thedifferent waysin which Agile Working can be undertakenisdependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.