Senior Fund Accountant
- Recruiter
- Kennedy Pearce
- Location
- Cranford, UK
- Salary
- Competitive salary
- Posted
- 02 Mar 2021
- Closes
- 02 Mar 2021
- Ref
- 2025561610
- Job role
- Fund accountant
- Sector
- Accounting - Public practice
- Experience level
- Qualified accountant
An International Real Estate firm is looking to take on an interim Fund Accountant for 3-6months paying 350-400/day
Quarterly reporting:
- Preparation of Monthly, Quarterly and annual financial report under IFRS of Pan-European Real Estate Fund and assist in new fund reporting requirements
- Full consolidation of all entities
- Drafting of NAV forecasts, management fee calculations, capital call and distribution notices
- Liaise with outsource providers and review of their reporting on separate accounts and Fund mandates
- Analysis of variance between budgeted and actual results
- Bank balance reconciliations and monitoring of cash balances from cash management services
- Liquidity analysis of available cash and recommendation of calls from & distributions to investors
- Assisting with information requirements for reporting to banks
- Providing assistance to Asset Managers on portfolio models, in particular - cash flow actuals, debt and tax analysis
- Attending weekly meetings with Asset Managers and reporting on financial aspects within funds
Transactions:
- Assist Asset Managers and consultants in the coordination of the information required for the data-room upon asset disposals
- Assistance with the closing audits and calculation of purchase price adjustments
Coordination of outsourced service providers:
- Review of annual local financial statements with service providers
- Liaise with auditors during year-end audit process
- Liaise with directors for approval of financial statements
- Working with outsourced service providers and banks to establish bank accounts, in line with internal policies
- Managing payment process
- Winding up / dissolving of entities, following sale of properties
- Arranging payments, including but not limited to reviewing payment runs for authorisation, invoice review and recommendation, liaising with banks on payment system administration, ensuring company payment policy is adhered to, providing assistance to Asset Managers on invoice / payment queries.
Compliance:
- Analysis of the tax changes that could impact the Fund
- Tax compliance of the Fund's entities (including but not limited to annual CIT, monthly VAT, CIS reporting)
- Liaise with investors on information requests
- Recommendation to directors and attendance at & arranging board meetings
- Arranging and attending board meetings including making recommendations to directors including but not limited to preparing liquidity schedule in preparation to recommend and make distributions and liquidate companies
- Documenting corporate governance processes and monitoring
Experience
Qualified accountant
IFRS experience
Experience of Real Estate (desirable but not required)
Experience of European Tax structures (desirable but not required)
Other European GAAP experience (desirable but not required)
Quarterly reporting:
- Preparation of Monthly, Quarterly and annual financial report under IFRS of Pan-European Real Estate Fund and assist in new fund reporting requirements
- Full consolidation of all entities
- Drafting of NAV forecasts, management fee calculations, capital call and distribution notices
- Liaise with outsource providers and review of their reporting on separate accounts and Fund mandates
- Analysis of variance between budgeted and actual results
- Bank balance reconciliations and monitoring of cash balances from cash management services
- Liquidity analysis of available cash and recommendation of calls from & distributions to investors
- Assisting with information requirements for reporting to banks
- Providing assistance to Asset Managers on portfolio models, in particular - cash flow actuals, debt and tax analysis
- Attending weekly meetings with Asset Managers and reporting on financial aspects within funds
Transactions:
- Assist Asset Managers and consultants in the coordination of the information required for the data-room upon asset disposals
- Assistance with the closing audits and calculation of purchase price adjustments
Coordination of outsourced service providers:
- Review of annual local financial statements with service providers
- Liaise with auditors during year-end audit process
- Liaise with directors for approval of financial statements
- Working with outsourced service providers and banks to establish bank accounts, in line with internal policies
- Managing payment process
- Winding up / dissolving of entities, following sale of properties
- Arranging payments, including but not limited to reviewing payment runs for authorisation, invoice review and recommendation, liaising with banks on payment system administration, ensuring company payment policy is adhered to, providing assistance to Asset Managers on invoice / payment queries.
Compliance:
- Analysis of the tax changes that could impact the Fund
- Tax compliance of the Fund's entities (including but not limited to annual CIT, monthly VAT, CIS reporting)
- Liaise with investors on information requests
- Recommendation to directors and attendance at & arranging board meetings
- Arranging and attending board meetings including making recommendations to directors including but not limited to preparing liquidity schedule in preparation to recommend and make distributions and liquidate companies
- Documenting corporate governance processes and monitoring
Experience
Qualified accountant
IFRS experience
Experience of Real Estate (desirable but not required)
Experience of European Tax structures (desirable but not required)
Other European GAAP experience (desirable but not required)