Assistant Fund Accountant - Private Equity

Carnegie Consulting
London, UK
Competitive salary
23 Aug 2019
26 Sep 2019
Job role
Assistant Fund Accountant - Private Equity

Company Profile

My client is an international investor in private equity, infrastructure and real assets based in central London.

Purpose of Position

This position is for an Assistant Fund Accountant to join the Fund Accounting Team on a permanent basis. The role will have involvement in the annual audit cycle for all the firms' funds. The main responsibility of this role would be ownership of the funds that are administered in-house. It would also involve reviewing of annual financial statements for the firms' funds and assisting with the coordination of the annual audit for 170+ funds.

Reporting to: Head of Fund Accounting

  • Preparing monthly, quarterly accounts and annual financial statements for the firms' in-house funds.
  • Managing bank transactions and preparing monthly bank reconciliations for the firms' in-house funds including posting of accounting journals on Sage.
  • Preparing investors' distribution and call notices to investors for the firms' in-house funds.
  • Integral part of the team responsible for oversight of all fund financial information prepared by administrators.
  • Review of annual Funds financial statements prepared by administrators, which include review of carry calculations.
  • Assist with supplying information/documents to auditors and answering auditors' queries.
  • Review of quarterly working papers received from administrators and query differences with the relevant teams.
  • Assist with the review of monthly NAV review for a listed investment trust and the review of monthly Newsletter.
  • Assist with reviewing of Annex IV reporting for AIFMD purposes.
  • Assist with Ad hoc projects as assigned

Knowledge and Experience Required
  • A partly qualified accountant with PE experience.
  • Experience of PE would be ideal.
  • Good technical accounting knowledge of applicable GAAP for fund domiciles.
  • Understanding of accounting principles and excellent accounting knowledge.
  • Technical knowledge of US GAAP, FRS 102, IFRS and LUX GAAP as applied to Financial Institutions.
  • Excellent IT skills, Microsoft Office including advanced Excel.
  • Works wells under pressure and to tight deadlines.
  • Excellent attention to details.
  • Excellent team player.

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