Senior Fund Accountant, Private Debt Fund, path to CFO Senior Fund Accountant, Private Debt Fund, path to  …

Aurum Search
in London, England, United Kingdom
Permanent, Full time
Last application, 23 Aug 19
£75-90k + benefits and bonus
Aurum Search
in London, England, United Kingdom
Permanent, Full time
Last application, 23 Aug 19
£75-90k + benefits and bonus
This Private Debt Fund is currently transitioning from a start up to a more mature and scalable organisation. They have hired several extremely successful hedge fund people who are putting in place infrastructure, people and processes to allow the company to achieve its ambitious goals, such as regional expansion as a debt provider in SE Asia and South American. The business was formed on the back of a software breakthrough developed by the founders which allowed them to achieve deep analysis and due diligence about the credit worthiness of firms providing credit (also known as debt) to its customers.

The initial plan was to sell the software but the founders had a change of heart and decided to take the company in a new direction, keen to make a social impact by providing affordably credit solutions in emerging markets where such facilities were sorely lacking. The business is currently focused on buying portfolios of loans from alternative lenders in sub Saharan Africa (from companies such as solar panel distributers that sell panels with credit agreements).


Reporting to the Global COO this Senior Fund Accounting position is a combination of business as usual and change management. This person will lead the implementation of a loan management system called eFRONT, similar to Black Mountain. The incumbent will also develop and run the procedures on the funds side of this business and will from day one manage one fund accountant, but the team will scale up. They have Cayman’s funds and are launching a Luxemburg RAIF which together will underpin the investment operations side of the firm.


The role is suited to either a qualified accountant with experience of fund accounting and projects such as system implementation. The client would also be receptive to CV from implementations specialist with eFRONT or similar loan management suystyems, with a background in finance that would consider a hybrid role.


What makes this opportunity attractive:


  • Genuine Silicon Valley credentials and culture
  • Dress down, modern and diverse company
  • Impact investing, this business is set up to make a positive difference in emerging markets
  • Small but growing venture, be part of that journey
  • This role has a clear path to CFO for the right candidate.




We offer investment opportunities backed by senior-secured and bankruptcy remote, asset-backed finance facilities to leading consumer and small to midsize enterprises (SME) credit providers. We currently operate in London, New York and Nairobi with plans to rapidly expand​. Our Cayman based funds facilitate direct lending to African SMEs.  We are in the process of launching a Luxembourg RAIF and expanding the jurisdictions we lend to including SE Asia and South America.




We are passionate about making African consumer and SME credit a competitive asset class. We build technology and financial products to bring finance to 100 million borrowers that deserve it.




The Senior Fund Accountant will be a member of the Fund Accounting team and report directly to the COO, assisting in the reporting and operations related to investments made by the asset manager. The individual will be responsible for day-to-day Fund Accounting in the following areas:


Responsible for accurate and timely completion of all deliverables such as bank reconciliations, capital call notices, capital distributions notices, fund financial statements, investor capital account statements and various ad hoc reports


Compute/review management fee and carried interest calculations and P&L allocation


Calculate the NAV of the fund and reconcile to the fund administrator


Assist year-end audit process in collaboration with auditors


Improve processes to gain efficiencies and reduce risk


Responsible for liaison with Alternative lender on loans and generate customer focused materials; monthly invoices, loan statements, pay off statements.


Transact foreign exchange transactions and ensure FX hedging is accurate


Fund related regulatory reporting


In addition to being responsible for the above the individual will also need to be able to run with projects independently including launch of new products and implementation of new internal software tools.




Willing and able to learn new processes, new software tools and adapt to the changing business needs of a startup.


Intelligence and critical thinking skills are essential for success at Lendable.


Initiative to own and develop new processes as the organization scales.


Software Tools Including: Microsoft Excel (mid to advanced), Google Drive, Sheets, Docs, G-Mail, and Adobe PDF edi​tor.


Attention to detail and accuracy essential


Excellent communication skills


Team player