NO PRIOR FUND ACCOUNTING EXPERIENCE IS NEEDED.

An opportunity to become an assistant fund accountant, working for private equity and real estate clients.

As an Assistant Fund Accountant, you are a key contact for their clients. You will organise the service team, review a wide range of work, lead and train others, develop technical expertise and start to gain an understanding of how to run a portfolio of clients.

This opportunity would be well suited to an individual coming from an accounting practice, as you will need to have a strong competence in accounting with the ability to prepare a full set of accounts without support.

Equally if you have experience preparing management accounts then this role is for you regardless of background!

You will need to be a driven individual who is keen to develop your management potential and looking for a step up to take on significant responsibility.

Responsibilities of Assistant Fund Accountant include:

• Take ownership of a client portfolio
• Prepare complex calculations and models such as fund waterfalls, equalisations, consolidations and reporting metrics like IRRs
• The preparation of management accounts & NAVs
• The production of quarterly investor reports
• Producing and distributing partnership capital accounts
• Preparing key calculations such as management fees, carried interest and loan agreements
• Producing financial statements - typically IFRS or UK GAAP compliant
• Issuing drawdown and distribution notices
• Cash flow statements, cash flow forecasts and cash monitoring
• Carrying out AML and Client Due Diligence checks on both our Fund Managers and for delegated services and their investors
• Coaching, leadership and training for team Assistant Accountants

Full study support is provided towards ACCA or CIMA - you can study before you have passed probation

Requirements:

• Be educated to degree level (2:1 and above desirable) OR AAT qualified with all levels completed
• Typically a minimum of 2 years working within an accounting team
• Must be able to prepare a full set of management and financial accounts
• A strong understanding of UK GAAP, IFRS and other relevant accounting standards