Job Opportunity
Fund Accountant
London, UK
Job Summary
Leading private equity firm. Monitor investment valuations provided by underlying investment managers in real time, down to a portfolio company level, primarily through interpreting and capturing Financial Statement information. ACA or ACCA qualification or equivalent. Up to 3 years post-qualified experience.
Details
Our client, a leading Private Equity firm is hiring a Fund Accountant based in London.
The successful candidate will work within the dynamic investment accounting team (a subsection of the finance team) and while the primary tasks and responsibilities are outlined below, the role will constantly evolve as the business and successful candidate develop.
Key tasks and responsibilities will include the following:
Existing investments:
* Monitoring investment valuations provided by underlying investment managers in “real time”, down to a portfolio company level, primarily through interpreting and capturing Financial Statement information.
* Ongoing governance of investment performance in conjunction with the Investment Team and directly with Asset Managers. This entails probing information around funding requirements, exit assumptions and underlying performance improvement plans.
* Ensuring the accuracy and classification of cash flows related to investment positions are recorded in the bespoke Investment Monitoring system.
New investments:
* Supporting the Deal teams (front office) with any required analysis such as fund exposure and historic performance.
* Tracking the progress of new deals and communicating any multi-currency funding, multi-region structuring and reporting requirements to the Administrators, Treasury, Deal Team and Execution Team.
* Knowledge built in new deals to be used in setting up and integrating investments and structures into existing systems and processes, and liaising with the relevant stakeholders, such as our Tax team, to share knowledge and identify risks in the deal structure.
Cyclical work:
* Preparing a quarterly review pack documenting the work performed to obtain comfort over the funds’ valuations.
* Preparing and reviewing key reports for different stakeholders on a quarterly basis.
* Reviewing the weekly reconciliation between the Administrator’s system and the firm’s in-house system, checking for accuracy with attention to detail, and ensuring issues are dealt with in a timely manner.
Other ad hoc work as required.
ESSENTIAL REQUIREMENTS
* ACA or ACCA qualification (or equivalent)
* Organised with excellent attention to detail
* Up to three years post-qualified experience
DESIRABLE REQUIREMENTS
* Experience in one of the big 4 firms or within a PE firm
* Experience working with Administrators/third party providers
* A grade at maths A level
* First time passes in professional qualification
* 2:1 degree or higher
* Strong written skills
* Interest in technology integration
* Innovation led approach to making processes more efficient
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- Job Reference #: Linkedin 181780477
- Min Experience: None