Job Description
Our client is seeking an experienced and detail-oriented Senior Fund Accountant to manage the financial reporting and accounting processes for a diverse portfolio of investment funds. This role is ideal for a qualified professional with a strong background in fund accounting, financial reporting, and regulatory compliance. The successful candidate will play a key role in ensuring accurate financial records, timely reporting, and maintaining compliance with industry standards.
Key Responsibilities:
- Prepare and review financial statements for investment funds, ensuring accuracy and compliance with relevant accounting standards (UK GAAP, IFRS).
- Oversee the preparation of NAV (Net Asset Value) calculations, capital calls, and distributions.
- Manage and reconcile fund accounts, including cash flows, investments, and expenses.
- Ensure timely and accurate delivery of periodic financial reports to stakeholders, auditors, and regulatory bodies.
- Collaborate with external auditors, providing necessary documentation and managing audit processes.
- Implement and maintain robust internal controls to ensure accurate and compliant fund accounting practices.
- Monitor and interpret changes in UK financial regulations, providing guidance to internal teams and ensuring compliance.
- Liaise with investment managers, administrators, and other third parties to resolve accounting queries.
- Support senior management by providing financial analysis and insights to aid decision-making.
- Mentor and guide junior accountants, fostering a collaborative and high-performing team environment.
Requirements:
- A minimum of 5 years’ experience in fund accounting, with at least 2 years at a senior level.
- ACA, ACCA, CIMA, or equivalent professional qualification is required.
- Strong technical knowledge of fund structures, financial instruments, and accounting principles.
- Experience with NAV calculations, financial reporting, and fund audits.
- Proficiency in fund accounting software and advanced Microsoft Excel skills.
- Excellent analytical and problem-solving skills with a high level of attention to detail.
- Strong communication and interpersonal skills, with the ability to work effectively with internal and external stakeholders.
- Ability to manage multiple priorities and deliver under tight deadlines.
Desirable Qualifications & Skills:
- Experience in private equity, real estate, or hedge fund accounting.
- Knowledge of AIFMD, FATCA, CRS, and other fund-related regulatory frameworks.
- Prior experience leading or mentoring a team.