Fund Accountant

  • Up to £60,000 + Bonus and Benefits
  • London, England, United Kingdom
  • Permanent, Full time
  • Maldon Partners
  • 03 Oct 17 2017-10-03

The role is essentially that of a fund controller, but all the fund administration is outsourced, so the main focus on the role is on commercial aspects including dealing with fund managers, and investors, as well as overseeing the work done by the outsourced administrators.

Our client is an international fixed income Asset Manager.  Although one of Europe’s largest, it still maintains a boutique working environment where roles are very broad and dynamic.

 

The role is essentially that of a fund controller, but all the fund administration is outsourced, so the main focus on the role is on commercial aspects including dealing with fund managers, and investors, as well as overseeing the work done by the outsourced administrators.  

 

Responsibilities to include:

  • Ensure smooth running of the various sub funds with monthly NAVs, co-ordinating internal resources to correspond/reconcile external third party information.
  • Daily cash management and co-ordinating credit facility draw downs and interacting with portfolio managers on investor drawdowns etc.
  • Fund budgeting and expense monitoring including management fee process, overseeing global outsourced process.
  • Updating internal models to compare fund administrator reports, prior to external distribution.
  • Maintain regular flow data for effective portfolio management
  • Preparation of monthly performance information, in order to help senior management analyse, attribute & comment on fund performance.
  • Review of quarterly distribution calculations to investors, including the calculation of management fees, payment of expenses and interest payments to the note holders.
  • Detailed understanding and interpretation of legal documentation including prospectus, third party agreements etc.
  • Updating various data feeds on other Group in-house systems on a timely basis;
  • Oversight of annual audit process, liaising with administrators and auditors for queries relating to preparation of audited annual and interim financial statements.
  • Continued liaison with Structuring & Investment teams on investment and fund queries.
  • Assist directors with ad hoc information requests from investors; and

 

 

 

Characteristics/Skills to be displayed by candidate:

 

  • Qualified or Part Qualified Accountant
  • Working in fund management, ideally with relevant private equity style experience with the day to day responsibility of overseeing a number of funds. 
  • Develop and maintain relationships with key stakeholders including other business lines and corporate functions across the organisation.
  • Knowledge of derivatives including management of FX forwards.
  • Clear communicator, both verbally and written for both internal audiences and external clients.
  • Ability to work to tight deadlines and flexible to meet workload; and
  • Advanced Excel including vlookups, pivot tables and if statements.