This role presents an exciting opportunity for a driven and talented individual to significantly contribute as part of a dedicated and professional team. The Assistant Fund Accountant will join a collaborative environment providing accounting and financial reporting services for both established and new real estate and private equity funds, as well as special purpose vehicles. This full-time position is ideal for a candidate who thrives in a dynamic setting, with a focus on enhancing their career within the financial services industry. Responsibilities include familiarising oneself with the organisation’s policies and procedures, developing strong relationships with clients and external parties, and actively monitoring client communications to prioritise tasks effectively. The role involves working closely with senior leaders to ensure smooth onboarding of new business, overseeing junior team members, preparing financial reports, and ensuring compliance with regulatory deadlines. This position offers ample opportunities for professional growth and development.
Job Duties:
- Familiarise oneself with the organisation’s policies and procedures.
- Gain a strong understanding of client activities, structures, and material agreements.
- Develop and maintain strong, long-lasting relationships with clients and external parties.
- Actively monitor client mailboxes and identify priority tasks.
- Collaborate effectively with senior leaders to ensure a smooth onboarding process for new business.
- Monitor junior team members' workloads and provide regular coaching.
- Prepare financial reporting at both asset and fund levels, including supporting files and review of work produced by junior team members.
- Compile and analyse financial information for financial statements, including business transaction treatments.
- Ensure all regulatory and statutory reporting deadlines and filings are achieved.
- Prepare and review interim management accounts, financial statements, and consolidations as applicable.
- Prepare and review bank debt covenant reporting, monthly/quarterly NAVs, VAT reporting, and cashflow forecasting.
- Prepare investor capital account statements and fund-level reporting.
- Plan year-end audits including the collation and review of audit files and liaising with relevant parties.
- Prepare and review distribution and drawdown calculations and notices in line with underlying documentation.
- Undertake any ad-hoc duties as requested.
Job Requirements:
- Minimum of 2 years' experience in accounting or within an audit position.
- Strong understanding of UK GAAP, IFRS, and other relevant accounting standards.
- Commercially aware, yet technically minded approach to problem-solving.
- Motivated by the challenge of providing technical and operational solutions.
- Progress made in ACA, ACCA, or CIMA studies is preferred.
What You’ll Love:
This role provides the opportunity to play a significant role in maintaining and enhancing the reputation of the organisation. The collaborative environment allows for personal growth and skill development in various areas such as regulatory oversight, policy creation, and risk-based supervision. The organisation values professional development, offering extensive training and support for career advancement.
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