Senior Fund Accountant required for a growing Private Capital Funds team with a diverse portfolio. Excellent role with significant growth and development opportunity. Hybrid role.
The Senior Fund Accountant (SFA) role is responsible for the NAV preparation, validation and release of Private Capital funds. The SFA checks the work of Fund Accountants and provides final release to the market or investment manager. The SFA is responsible for ensuring that all checks and controls have been performed on a valuation. The SFA is often the first point of contact for clients regarding valuations.
Key Responsibilities
* Review of fund NAVs on a monthly or quarterly basis.
* Monitoring all cash and investment position reconciliation items on a regular basis.
* Assist with the completion of month/quarter end processes for delivery to clients.
* Ensure that client Service Level Agreements are applied across all funds with deliverables met on a timely basis.
* Ensure any information required by the Auditors or 3rd Parties is available within the timeframe agreed with your Team Manager.
* Thorough knowledge of Private Equity/Private Capital security types, including Direct Loans, Syndicated Loans, PE Fund of Funds, Real Estate, Private Equity, Forwards etc., and their accounting treatment.
* FA resource for the onboarding of new business, ensuring that FA systems and accounting requirements are in place.
* Understanding of fund operating documents, prospectus, pricing policy, agreements.
Experience Requirements
The applicant must have:
* Knowledge of accounting systems with eFront experience being a distinct advantage.
* A minimum of 2 years Fund Accounting experience incorporating the above key responsibilities.
* A minimum of 1 year NAV review experience.
* Good working knowledge of relevant legislation and regulatory requirements.
* A thorough knowledge of Private Equity/Private Capital accounting including typical reporting such as Investor Capital Statements, Capital Call/Distribution Notices, Portfolios.
* A good knowledge of performance fee methodologies (Equalisation, Waterfall, Performance/Incentive Fees, etc).
* Knowledge of the completion of month/quarter end processes for delivery to clients.
Seniority Level
Associate
Employment Type
Full-time
Job Function
Finance
Industries
Financial Services, Investment Banking, Venture Capital, and Private Equity Principals
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