Private Equity Associate

HedgeServ; Dublin; Hybrid; EUR 40,000 - 50,000; Full time

Benefits offered by this job

Full private medical insurance

Income protection

Life insurance

Employee assistance programme

Pension scheme

Holiday entitlement

ACCA/CIMA membership reimbursement

Gym subsidy

Discretionary bonus scheme

Referral program

Remote/hybrid working options

Tuition support for professional exams

Sports and social club

Job summary

HedgeServ Ireland is offering a graduate development opportunity in the Private Equity team. You will gain exposure to the full fund valuation process, including NAV preparation, capital calls, distributions, P&L allocations and waterfall/IRR calculations.

You will work with a dedicated training department and benefit from ACCA/ACA/CIMA/CPA tuition support while developing with a blended learning approach across on‑the‑job training and classroom sessions.

Qualifications

• Minimum 2.2 Accounting, Finance, Legal or Business Degree.
• IT Literate with an emphasis on Excel.
• Ability to be flexible, self-motivated and work under pressure to tight deadlines.
• Strong analytical and problem-solving skills.
• Ability to work effectively both within a team structure and independently.

Responsibilities

• Assist in the production of monthly and quarterly NAV, ensuring completion of specified tasks per NAV PE checklists.
• Calculate and process capital calls, capital distributions and statements for closed-end funds.
• Prepare investor P&L allocations and fee calculations as part of monthly and quarterly NAV packages.
• Prepare waterfall calculations.
• Prepare IRR calculations as required, including Investor IRR and Portfolio IRR.
• Perform cash, position and market value reconciliations.
• Escalate fund accounting issues and aged items to the PE Supervisor.
• Ensure all positions are priced correctly.
• Calculate and process income and expense accruals including trading accruals.
• Comply with HedgeServ’s defined checklists, procedures and controls.
• Assist in the audit process if required.
• Converse and liaise with internal service departments to resolve miscellaneous fund issues.
• Ensure pre-agreed internal and external deadlines are met consistently.
• HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee

Skills

Analytical skills

Problem-solving

Teamwork

Time management

Education

2.2 Accounting/Finance/Business degree

Tools

Excel

Job description

The Private Equity Team is based across a number of countries including Ireland, Luxembourg, Poland, the Philippines and the United States. Your role will involve regular communication with our global offices whilst also partnering with colleagues and senior members of the team on a daily basis. This allows you to gain a wide range of experience and foster strong working relationships.

We have an open and collaborative approach and look for everyone’s input when solving problems, this framework encourages professional development by empowering you to learn continuously and focus on more complex work as your experience progresses. Working in the PE department gives you exposure to new developments and forward-thinking approaches within our industry.

What you can expect?

At HedgeServ, graduates are in the unique position of gaining exposure to the full fund valuation process, up to and including financial statements. We adopt a blended approach to our graduate development programme mixing on-the-job training with our award-winning bespoke technology systems, as well as classroom based and e-learning support from our dedicated training department.

HedgeServ encourages and supports graduates to pursue a professional qualification through our tuition support programme in order to enhance your professional development. As such, we are an accredited employer with ACCA, ACA, CIMA and CPA as well as supporting other post graduate studies relevant to your future career.

We offer a market leading salary and benefits package with regular salary reviews during your graduate development programme. We offer a tailored health and well- being programme; have a very active Sport and Social Club and we are committed to supporting local charities.

Key Accountabilities of the Role

• Assist in the production of monthly and quarterly NAV, ensuring completion of specified tasks per NAV PE checklists
• Calculate and process capital calls, capital distributions and statements for closed-end funds
• Prepare investor P&L allocations and fee calculations as part of monthly and quarterly NAV packages
• Prepare waterfall calculations
• Prepare IRR calculations as required, including Investor IRR and Portfolio IRR
• Perform cash, position and market value reconciliations.
• Escalate fund accounting issues and aged items to the PE Supervisor
• Ensure all positions are priced correctly
• Calculate and process income and expense accruals including trading accruals
• Comply with HedgeServ’s defined checklists, procedures and controls
• Assist in the audit process if required
• Converse and liaise with internal service departments to resolve miscellaneous fund issues.
• Ensure pre-agreed internal and external deadlines are met consistently
• HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee

Pre-requisite knowledge, skills and experience

• Minimum 2.2 Accounting, Finance, Legal or Business Degree
• IT Literate with an emphasis on Excel
• Ability to be flexible, self-motivated and work under pressure to tight deadlines
• Strong analytical and problem-solving skills
• Ability to work effectively both within a team structure and independently

We’re proud to offer a benefits package and workplace culture designed to support your health, career ambitions and life beyond work.

• Full private medical insurance so that you can take care of you & your family’s health & wellbeing
• Permanent health insurance/income protection as well as Life insurance, so that you can feel secure in any situation
• Employee Assistance Programme available to you and your immediate family for support on a variety of matters
• Defined contribution pension scheme with competitive employer contributions so you can look after your future
• Competitive annual holiday entitlement so that you can slow down and take some time to rest
• Annual professional membership fee reimbursement, e.g. ACCA, CIMA
• Club/gym subsidy so that you can take care of your body
• Discretionary annual bonus scheme
• Referral Program – do you know someone who would like to join us? Referral bonuses are awaiting you!
• Remote/hybrid working opportunities, or from the office
• Tuition support for professional qualification exams that are relevant to your role including paid study and exam leave
• Sports and Social Club – many team outings, company parties, sports activites and charity projects
• Support for workplace equipment and programs promoting mental health and wellbeing – because your comfort and health matter to us