Assistant Fund Accountant - London, United Kingdom - eFinancialCareers

eFinancialCareers
eFinancialCareers
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London, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

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
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