Fund Accounting Manager I

About the role

Reports to the Senior Fund Accounting Manager. The purpose of this position is to account for a varied portfolio of fund structures in conjunction with the Senior Fund Accounting Manager / Associate Director.

Responsibilities

• Preparation and review of quarterly financial statements to investors of the Fund, in accordance with US GAAP (and at times IFRS and UK/Lux GAAP).
• Oversee and review the preparation and distribution of quarterly investor capital statements to investors.
• Review the preparation of schedules to support the general ledger balances reported in the quarterly financial statements.
• Oversee and review the preparation and distribution of capital call notices to investors.
• Review the bookkeeping for a range of funds, management companies and associated fund structures.
• Review all aspects of accounting matters for a limited portfolio of fund structures including acting as a first reviewer on equalisations and carry calculations.
• Prepare and review distribution notices to investors.
• Client relationship management including responding to client requests.
• Calculate and review complex waterfall structures and associated carried interest.
• Calculate management fees owed to the management Company for investment and portfolio management services provided to the Fund.
• Liaise with client auditors and tax preparers, providing them with reports/support to assist them during the year end audit.
• Complete audit confirmations to satisfy procedures performed for the audits of investors or the Fund.
• Act as a higher authority on day-to-day accounting queries and act as 4-eyes signatory on accounting matters, ensuring that company policy and professional and regulatory guidelines are adhered to and that a professional quality of service is provided to clients and external contacts.
• Ensure ISAE compliance is adhered to, making sure all risk events are recorded and acted upon promptly.
• Supervise and assist in the training, development and the appraisal process for members of staff.
• Supporting projects to improve process efficiencies and internal controls.
• Collaborating with internal support teams on testing of new system functionality or reports.

Requirements

• 5+ years experience in Fund Accounting or Audit, ideally in the alternative funds sector (either in-house with a fund manager or a fund administrator).
• Minimum of a Bachelor’s Degree in Accounting or Finance.
• CPA certification is highly desirable.
• Sound technical knowledge of US GAAP and reporting required for the alternative funds sectors.
• Experience in the preparation of financial statements, capital calls and distributions and capital activity.
• Demonstrable professional interpersonal skills are required to develop strong working relationships with colleagues and clients.
• Previous experience of supervising, leading and coaching a team.
• Excellent collaboration skills and passionate team player with a curious approach.
• Ability to work in a fast-paced, entrepreneurial environment and manage multiple priorities and deadlines.
• Experience of using Yardi, eFront or Investran is advantageous.
• Proficiency in Microsoft Office Suite is essential.

Benefits

• Discretionary bonus scheme.
• Flexible, hybrid working.
• Ability to work abroad for up to 3 weeks per annum.
• Generous holiday allowance.
• Pension scheme.
• Private medical insurance, including eye care.
• Life assurance (death in service and critical illness benefit).
• Worldwide travel insurance.
• Health and wellbeing programmes.
• On-site parking.