Our client is seeking an Assistant Manager to join their Private Capital Fund Accounting team. This role involves providing fund valuation and accounting services to private capital funds and underlying fund vehicles, ensuring compliance with fund documentation, legal and regulatory requirements, and relevant accounting standards. The successful candidate will support the Fund Accounting Manager in overseeing service delivery, managing client relationships, and ensuring that internal and external deadlines are met.
Job Duties:
- Maintain strong client relationships, ensuring timely solutions to queries.
- Collaborate with client counterparts to provide a high standard of service delivery.
- Coordinate client requirements in line with Service Level Agreements (SLAs).
- Assist in drafting SLAs and support business-as-usual activities.
- Review fund documentation and agree reporting templates during onboarding.
- Prepare, review, and analyse financial statements under IFRS, UK GAAP, and US GAAP.
- Oversee fund valuations, reconciliations, accruals, and expenses.
- Review bookkeeping entries in the accounting system.
- Assist in cash reconciliation and fund management activities.
- Prepare and review drawdown, equalisation, and distribution calculations.
- Ensure timely and accurate release of investor reporting in collaboration with Investor Relations and Fund Administration teams.
- Prepare investor IRR calculations as required.
- Attend client and audit meetings related to financial statement preparation.
- Liaise with external auditors and manage the year-end/interim audit process.
- Supervise, train, and support junior team members.
- Contribute to process improvements to enhance team efficiency.
- Participate in the implementation of new systems and operational procedures.
Job Requirements:
- Professional accountancy qualification.
- Experience within the finance industry, with knowledge of fund accounting and valuation for equity, debt, and private capital funds.
- Strong understanding of private capital fund structures (GP/LP/Feeder) and their accounting requirements.
- Excellent knowledge of IFRS, UK GAAP, and US GAAP.
- Strong analytical and problem-solving skills.
- Ability to manage a high volume of time-sensitive tasks effectively.
- Proficiency in Microsoft Office, particularly Excel and Word.
- Experience working in a multi-national environment (desirable).
- Understanding of Luxembourg GAAP and private capital industry regulations (desirable).
What You’ll Love:
Our client offers a dynamic and professional environment where you will have the opportunity to work with a high-performing fund accounting team. With exposure to a diverse range of private capital structures, this role provides excellent career development opportunities, training support, and the chance to contribute to process improvements within a growing organisation.
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