Senior Fund Accountant, Private Capital

jobs.jerseyeveningpost.com-job boards; United Kingdom; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading private capital firm is seeking a Senior Fund Accountant to join their team in the UK. This full-time position involves preparing financial statements and ensuring compliance with various accounting standards. The ideal candidate will have extensive knowledge of fund structures and strong analytical skills, contributing to a vibrant work environment that values growth and collaboration. If you are passionate about finance and seeking career advancement, this role is for you.

Qualifications

• Proven experience in fund accounting.
• Strong understanding of accounting standards for fund structures.
• Ability to prioritize tasks and manage time effectively.

Responsibilities

• Prepare financial statements under accounting standards.
• Conduct valuations and reconcile fund activities.
• Assist in cash management for funds.

Skills

Excellent knowledge of fund structures (GP/LP/Feeder)

Understanding of US GAAP, UK GAAP, and IFRS

Strong time management

Analytical and problem-solving skills

Proficient in Microsoft Excel and Word

Job description

Overview

Our client is seeking a detail-oriented and experienced Senior Fund Accountant to join their dynamic Fund Accounting team, offering full-time engagement with exciting opportunities in the private capital sector. This crucial role involves providing comprehensive fund valuation and accounting services while ensuring compliance with all relevant fund documentation, legal and regulatory requirements, and accounting standards. The successful candidate will report directly to the Manager and will play a vital role in delivering services that align with client SLAs, while consistently meeting internal and external deadlines.

Responsibilities

• Prepare, review, and analyse monthly, quarterly, bi-annual, and annual financial statements with supporting documentation under various accounting standards (including IFRS, UK GAAP, and US GAAP).
• Prepare monthly valuations and reconciliation of fund draw-downs, distributions, accruals, and expenses.
• Input double-entry bookkeeping into the accounting system.
• Assist in the cash reconciliation and management for the funds.
• Prepare drawdown, equalisation, and distribution calculations in accordance with fund documentation.
• Prepare fund investor capital statements as required.
• Prepare fund and investor IRR calculations as needed.
• Attend client and audit meetings regarding the provision of financial statements to investors.
• Liaise with various external and internal parties (e.g., clients, external auditors) for day-to-day fund accounting and customised reporting projects.
• Assist with year-end/interim audit processes and provide inputs for process review to enhance efficiency and productivity.
• Execute group project opportunities related to implementation of new systems or platforms and appropriate operational procedures.

Qualifications

• An excellent working knowledge of various private capital fund structures (GP/LP/Feeder) and the accounting requirements for these structures.
• Strong understanding of US GAAP, UK GAAP, and IFRS.
• Good time management skills with the ability to prioritise tasks effectively.
• Sound analytical and problem-solving capabilities.
• Proficient working knowledge of the Microsoft Office package, particularly Excel and Word.

What you\'ll love

Our client values commitment, integrity, and collaboration, offering a vibrant work environment where personal growth and professional development are encouraged. Working as a Senior Fund Accountant presents a unique opportunity to engage with a range of stakeholders and work on diverse projects within the exciting realm of private capital. If you have a passion for finance and a desire to excel in your career, this could be the perfect role for you. Take the next step in your career and join a dedicated team committed to excellence!

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