Qualified Accountant - Fund Accounting/Fund Administration

  • GBP45000 - GBP49000 per annum + benefits
  • London, England, United Kingdom
  • Permanent, Full time
  • Carnegie Consulting
  • 16 Oct 18

Qualified Accountant - Fund Accounting/Fund Administration

Qualified Accountant - Fund Accounting/Fund Administration


My client is a growing international financial services company that provides fund accounting services to Private Equity and Real Estate Fund Managers across the globe. They have offices in over 10 international locations and work for over 300 funds across over 30 countries. They are a truly international company and offer good career development prospects.


Job Summary:


* Day to day responsibility for the management of designated Private Equity or Real Estate Clients
* Review quarterly and annual financial statements and reports
* Work closely with your line Manager and Technical & Training Team to ensure financial statements meet the Funds' reporting requirements, eg UK GAAP or IFRS
* Review drawdown calculations to ensure accuracy of figures as Funds seek access to their
commitments from investors
* Review distribution calculations to ensure the flow of funds from the sale of an investment are accurately recorded so that proceeds are appropriately allocated and paid to investors
* Ensure the accurate communication of all cash movements between the Fund and its Investors through the issuance of relevant notices to investors
* Oversee the preparation and completion process of Client deliverables including agreeing time tables with Clients, and thereafter monitoring progress against these to ensure deliverables are on track
* Conduct weekly Client calls with CFO or Financial controller to ensure open and effective communication at all times
* Responsible for the training and development of junior team members. Lead staff appraisals,
effectively providing feedback, support and setting objectives
* Gain a good understanding of the accounting framework for each designated client (as prescribed in the Fund's legal documentation, the LPA) and ensure the movement of funds and transactions are treated in accordance with this framework
* Contribute ideas to improve processes to either gain efficiencies or reduce risk
Person Specification
* Excellent organisational, prioritisation and interpersonal skills
* A strong 'Can Do' attitude and ability to lead by example
* The ability to cope with multiple tasks and produce accurate work under the pressure of tight deadlines
* Strong ownership of tasks and sense of team work
Qualifications
* University Degree in Accountancy/Business/Maths or otherwise demonstrable strong aptitude for
* numeracy
* ACA or ACCA qualified, or qualified by experience (3+ years relevant experiencing in fund accounting /administration)


Experience:


* 3+ years' experience working in a professional office environment, preparing and reviewing financial statements from source books and records. Ideally working in financial services or accounting practice working on multiple client relationships
* Strong experience in the review of working paper files and Financial Statements including disclosures
* Previous experience in the preparation of financial statements and working paper files
* Management of Client relationships and experience with resolving issues directly with Clients
* Management of junior staff providing on the job training, feedback and contributing to the appraisal