Senior Fund Accountant

Gen II Fund Services; Southampton; Hybrid; GBP 40,000 - 56,000; Full time

Job summary

Gen II Fund Services in Southampton is seeking a qualified fund accountant to deliver financial reporting for a complex private equity client, covering a range of fund structures and GAAPs (IFRS, US GAAP, UK GAAP).

You will prepare annual and quarterly financial statements, review journals, liaise with auditors, and supervise junior team members while ensuring deadlines and ISAE 3402 controls are followed.

Qualifications

• Actively studying towards ACCA/ACA or equivalent; fully qualified preferred but not required.
• 2–3 years accounting experience, financial services industry preferred but not required.
• Experience producing financial statements to UK GAAP, US GAAP or IFRS.
• Experience developing and coaching others on a one-to-one basis.
• Competent user of Microsoft Excel.

Responsibilities

• Prepare annual financial statements for PE funds and related entities in major GAAPs (IFRS, US GAAP, UK GAAP).
• Prepare quarterly fund financial statements, investors capital account statements and other financial reports.
• Review journals and maintain general ledgers; oversee junior staff.
• Compile and review working papers/NAV packs; liaise with auditors for client audits.
• Ensure statements meet deadlines and ISAE 3402 control requirements; participate in client meetings.

Skills

Accounting experience

Financial reporting

Excel proficiency

Team coaching

Attention to detail

Education

Working towards ACCA/ACA or equivalent

Tools

Microsoft Excel

Job description

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.