Assistant Fund Accountant

£35000 - £40000 per annum
02 Dec 2021
09 Dec 2021
JN -082021-3562898
Will Fairhurst
Contract type
Full time
Experience level
Part qualified

The individual will be responsible for servicing the needs of a portfolio of private equity clients. They will liaise with the CFO and financial team of the funds, third parties (including auditors) and any other external advisors necessary. There will also be a number of responsibilities including tracking the financial performance of the fund and assisting with calls, distributions and other day to day functions.

Client Details

The client was formed to provide professional services by providing high quality accounting, fund administration and investor reporting services to real estate, debt, infrastructure and private equity fund clients. Within this role you will specialise on the Private Equity clients side of the business.

The Company was started in 2006 and now has operations in London, Luxembourg, Hong Kong, Singapore, New York and the Channel Islands with over 280 staff looking after $35bn of funds under administration across 220 plus funds and $50bn of depositary assets across 90+ AIFs


Duties and Responsibilities:

  • Preparation of periodic financial statements, cash flows and associated notes including liaison with client over transaction related issues.
  • Compile and analyse financial information underlying the financial statements, including the treatment of business transactions.
  • Preparation of asset level management reporting for the client and seeking new ways to provide informative and concise information.
  • Calculation of deal and fund level IRRs and other performance metrics.
  • Dealing with year end audit including preparation of relevant files and resolving issues.
  • Monitoring compliance with generally accepted accounting principles and company procedures.
  • Review and submit recommendations for improving the organisation's accounting operation.
  • Collect appropriate data and preparing government reports and tax returns. In addition to the duties listed above, the individual may be requested to perform any other ad hoc duties or projects as requested


Technical Knowledge / Skills Required:

  • A full understanding of UK GAAP, IFRS and other relevant accounting standards preferably gained within a funds environment.
  • Understanding of the reporting and other accounting challenges faced by private equity and real estate firms (our clients)
  • Ability to write reports, business correspondence, procedure manuals and performance measurement reports at asset and fund level.
  • Ability to effectively present information and respond to questions from groups of managers and especially clients.
  • Ability to solve practical problems and deal with a variety of situations for which there may be little precedence
  • The individual must above all have excellent interpersonal and communication skills.
  • Must have demonstrated working use of accounting packages
  • Strong academic background; 2:1 degree educated or higher, A*-C's at A-Level.

Job Offer

Looking to pay £35,000-£40,000 depending on experience with a comprehensive benefits package.

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