Fund Accounting, Analyst (WEX)

Alchelyst; Wexford; On-site; EUR 42,000 - 66,000; Full time

Job summary

Alchelyst, a client solutions and infrastructure partner for private markets asset managers, seeks a Fund Accounting Analyst to maintain accurate fund records and ensure timely NAVs. You will support fund operations, investor reporting, and regulatory filings across diverse fund structures and jurisdictions.

In this role, you’ll prepare monthly and quarterly NAV packages, assist GAAP statements, and collaborate with auditors.

Qualifications

• Bachelor’s Degree required in Finance, Accounting or Economics.
• 2+ years’ experience in a fund services or financial services industry.
• Good conceptual knowledge of accounting principles and financial statement preparation.
• Excellent verbal and written communication to collaborate across teams.
• Ability to work in a fast-paced, dynamic environment.
• Understanding of security types and their accounting treatment.
• Awareness of stock market practices and data vendor systems (e.g. Bloomberg).
• Knowledge of processes of a fund’s Custodian Bank and Investment Manager.

Responsibilities

• Maintain accurate accounting and securities records for each fund administered.
• Perform day-to-day fund operations, fund reporting and investor reporting.
• Prepare monthly/quarterly NAV packages in a timely manner.
• Assist with quarterly and annual GAAP financial statements and footnote disclosures.
• Collate audit information for internal and external auditors.
• Prepare regulatory filings (e.g. Form ADV, Form PF, AIFMD Filings).
• Review cash activity and system bookings daily.
• Monitor capital calls and distributions; prepare detailed activity descriptions.
• Review capital call/distribution workings and notices to investors.
• Manage end-execution of Private Equity Funds from other accounting apps.
• Identify process improvements to boost efficiency and productivity.
• Perform ad-hoc duties and special projects as needed.

Skills

Communication skills

Analytical thinking

Attention to detail

Team collaboration

Adaptability

Problem solving

Education

Bachelor’s Degree in Finance/Accounting/Economics

Tools

Bloomberg

Job description

Alchelyst is a client solutions and infrastructure partner for private markets asset managers. Purpose-built for the expanding demands and sophistication of global private markets, the firm offers a comprehensive managed service offering that can support GPs, private wealth funds and investors. Alchelyst has offices in the US, Ireland, UK, Luxembourg and India.

We have an exciting and rewarding opportunity for you to be part of a fast-growing team. As a Fund Accounting Analyst, you are an integral part of a team that works on delivering time sensitive NAVs for marquee Investment Managers. We look first and foremost for people who are passionate about delivering high quality service to our clients. You'll work in a collaborative, trusting, thought-provoking environment-one that encourages diversity of thought and creative solutions.

Primary responsibility of the FA is the maintenance of accurate accounting and securities records for each fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, security trading, income & expense processing etc.)

Job Responsibilities:

• Primary responsibility of the Analyst is the maintenance of accurate accounting and securities records for each fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, security trading, income & expense processing etc.)
• Day-to-day hands-on responsibilities for fund operations, fund reporting and investor reporting. Fund structures may include fund-of-fund structures, closed-ended structures, domiciled in various jurisdictions including the U.S., Cayman Islands and Luxembourg.
• Timely detailed preparation of monthly/quarterly NAV packages
• Assist with preparation and review of quarterly and annual GAAP financial statements and footnote disclosures for multiple funds
• Collate and prepare audit information as required for both internal and external auditors.
• Compile data for and perform detailed preparation of regulatory compliance filings, including Form ADV, Form PF, AIFMD Filings, Form SLT, etc
• Daily detailed review of cash activity and corresponding system bookings
• Daily monitoring of capital call and distribution requirements, preparation of detailed capital activity descriptions, detailed review of allocations from the Fund administrator and compilation of final capital activity package.
• Review Capital Call and distribution workings along with notices and release to respective investors.
• Manage end-execution of Private Equity Funds from other accounting applications.
• Identify and implement process improvement techniques to improve process efficiency and team productivity.
• Perform special projects and various ad-hoc duties as assigned by management, adapting to evolving business needs.

Required Qualifications and Skills:

• Bachelor’s Degree required in related field (Finance, Accounting or Economics)
• 2+ years’ Experience in a fund services or financial services industry.
• Good conceptual knowledge of accounting principles and financial statement preparation
• Excellent communication skills, both verbal and written, with the ability to collaborate across teams.
• Demonstrated ability to work in a fast-paced, dynamic environment with ease.
• Good understanding of security types and their accounting treatment
• Awareness of stock market practices & data vendor systems (e.g. Bloomberg)
• Knowledge of the processes of a fund’s Custodian Bank and Investment Manager

What Success Looks Like

• NAV's are delivered as per SLA, with zero errors.
• Fund accounting records are consistently accurate, reconciled, and readily available for operational and management reporting.
• Recurring reporting processes are automated and standardized, reducing manual effort while improving timeliness and reliability.
• Fund accounting platforms and reporting workflows are optimized for scale, with measurable improvements in efficiency and process controls.
• Accounting related issues, exceptions, and reconciliation breaks are proactively identified and resolved before impacting NAV deliverables.
• Reporting and SOPs are well documented, maintainable, and capable of supporting future business growth and system enhancements.
• Always audit ready, with all checklists signed and backup in place for the work done.