Senior Fund Controller

Itchy Feet; Jersey Marine; On-site; GBP 80,000 - 110,000; Full time

Job summary

Itchy Feet is seeking a qualified Senior Fund Controller with private equity fund accounting experience to join the Fund Controlling Team. You will ensure accurate financial reports, regulatory compliance, and investor reporting while collaborating with internal teams and external service providers.

Reporting to the Fund Controlling Manager, you will manage capital calls, distributions, and valuations, leverage IT infrastructure to automate processes, and contribute to value-adding activities in

Qualifications

• 4+ years post-qualification experience in PE fund accounting or related fields.
• ACA or ACCA or equivalent qualification.
• Experience with Investran or other general ledger systems.
• Strong English written and verbal communication; excellent MS Office skills.
• Ability to work in a small team with a positive spirit.

Responsibilities

• Own financials and operations of allocated funds, including external service providers.
• Main point of contact for fund-related activities with internal and external stakeholders.
• Ensure accurate accounting treatment, funding and settlement of fund transactions.
• Set and monitor service expectations for external providers and review deliverables.
• Maintain accurate accounting records and fund registers.
• Reconcile bank transactions, Investran, and working capital balances with SPV books.
• Prepare capital calls and distributions to investors.
• Review/ sign off on management fee calculations and partnership expenses.
• Prepare complex bookkeeping for carried interest, valuations, acquisitions and disposals.
• Prepare or review annual financial statements, quarterly cash flow schedules, and investor statements.
• Respond to investor queries and due diligence requests.

Skills

MS Office

English communication

Organisational skills

Education

ACA or ACCA qualification

Tools

Investran

Job description

Our client is seeking a qualified accountant with experience in the Private Equity industry to join their Fund Controlling Team as a Senior Fund Controller. The successful candidate will ensure that a fund's financial reports are accurate and comply with industry standards, accounting principles, and regulatory requirements. This role involves responsibility for investor reporting, liquidity and capital management, performance return calculations, internal management reporting, and facilitating the completion of investment transactions. The Fund Controlling team leverages advanced IT infrastructure and digitalisation tools to automate accounting processes, allowing controllers to focus on value-adding tasks. The role will require collaboration with various internal teams and external service providers, while reporting to the Fund Controlling Manager.

Job Duties:

• Own and be accountable for the financials and operations of the allocated funds, including oversight of activities performed by external service providers
• Act as the main point of contact for fund-related activities for internal stakeholders and external parties (administrators, depositary, auditors, banks, and advisors)
• Stay on top of all fund activities and transactions, ensuring accurate and timely accounting treatment, funding, and settlement
• Set and monitor service expectations for external service providers, reviewing the quality of their deliverables and resolving issues
• Maintain accurate accounting records and fund registers
• Reconcile bank transactions and Investran; reconcile working capital balances with Luxembourg special purpose vehicle books
• Prepare capital call/distribution amounts and notices to investors
• Review and sign off on management fee calculations and partnership expenses related to internal finance
• Prepare complex bookkeeping for carried interest, investment valuations, acquisitions, and disposals
• Prepare or review annual financial statements, quarterly cash flow schedules, and investor capital account statements
• Manage responses to investor queries and due diligence requests, ensuring consistency with fund documents

Job Requirements:

• A minimum of four years' post-qualification experience, ideally in private equity fund accounting, fund administration, or audit
• Relevant accounting qualifications (ACA or ACCA or equivalent)
• Previous experience with general ledger systems; familiarity with Investran is beneficial
• Closed-ended private equity fund experience and oversight of outsourced fund administration providers
• Excellent computer skills and proficiency in MS Office tools
• Strong English written and verbal communication skills
• Very strong organisational and administrative skills
• Ability to work effectively within a small team with a positive spirit

What You'll Love:

You will be part of a dynamic environment that encourages entrepreneurial spirit and collaborative efforts. Our client offers a culture that actively promotes learning and integrity, giving you the opportunity to contribute significantly while developing your skills further.