Interim Fund Accountant

Interim Fund Accountant

Posted 3 months ago

Interim Fund Accountant

Alexander Daniels have been engaged by a market leading financial services organisation to help them recruit an experienced Fund Accountant/ Administrator for an initial 6 month interim contract. My client is able to offer hybrid or remote working for the successful Fund Accountant/ Administrator.

Interim Fund Accountant/ Administrator position sits within the Private Markets Middle Office team and will support the Private Markets Investment Management Front Office. The role will be supporting fund administration activities including cashflow/treasury management, fund accounting and quarterly performance reporting. The Interim Fund Accountant/ Administrator will have a wide range of financial reporting and financial management responsibilities in addition to compliance with financial policies and procedures.

Interim Fund Accountant/ Administrator duties will include:

  • Entity administration activities including
  • Preparing cashflow notices and managing cashflow activity with investors and investments
  • Bank and cash management and reconciliation
  • Managing foreign exchange requirements
  • Monitoring, processing and payment of invoices
  • Oversight of the Fund Administrator for outsourced services including reviewing ongoing KPI and SLA performance
  • Resolving investor queries
  • Supporting internal audits

Accounting and Reporting services

  • Maintaining investment and accounting records
  • Reconciling financial statement line items
  • Supporting valuation of investments
  • Annual accounts preparation in compliance with FRS 102
  • Preparing performance calculations
  • Annual financial statement audit liaison
  • Cost transparency reporting
  • Preparation of quarterly performance reporting

Regulatory and compliance

  • Periodic monitoring and review of the investors admitted and entities activity
  • Compliance monitoring and reporting
  • Formulating and implementing detailed compliance procedures in relation to applicable regulatory requirements.
  • Liaising with tax advisor for partnership tax compliance and tax structuring
  • Ensuring compliance with Limited Partnership Agreement for administrative functions

Skills/Knowledge/Experience/Competence/ Qualifications:

  • Immediately available or on a short notice period
  • Qualified CCAB/CIMA Accountant; or Part-qualified CCAB/CIMA Accountant with strong relevant experience.
  • Previous Fund Administration and/or Fund Accounting experience for Private Market investments, from either an Asset Management or Fund Administrator background.
  • Some previous experience of supporting any of Private Equity, Private Debt, Infrastructure, Property investments is a must.
  • An understanding of the roles played by an outsourced administrator.
  • Any experience of eFront or similar platforms would be an advantage.
  • Competent grasp of the ‘life of a trade’ structure, knowledge of investment and accounting requirements and preparation of call and distribution notices.
  • Understanding of regulations pertaining to Private Market investments.
  • Proven track record of outstanding customer service, ideally servicing Financial Institutions.
  • High attention to detail, analytical.
  • Able to communicate complex and highly-technical matters in a way which is understandable and relevant.
  • Confidence when communicating.
  • Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.
  • Able to build effective relationships across all levels of the company.
  • Highly organised and able to work to deadlines and manage competing priorities under significant time pressures.
  • Strong interpersonal, communication and people management skills.
  • Ability to challenge appropriately.
  • Ability to think outside the box.

Salary on offer is £50k to £60k and may be negotiable dependant on experience. There is an extensive benefits package and details are available on request including 30 days holiday + Bank Holidays, pension employer contribution is 20%.

Contact Nick Singh at Alexander Daniels for full details

Job Features

Job IdAFNS220222
Job TimeFull Time
Job LevelQualified

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Key Details

Ref NumberAFNS220222
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