An alternative fund manager specialising in private credit is seeking a fully qualified accountant to join their Finance team. A broad role covering all areas of fund accounting. You will be a fully qualified accountant (ACA, ACCA, CIMA) with relevant experience either gained through your fund audit background, from within another fund manager or from a third party administrator.
The Role
- Read and understand the constitutional documents and private placement memorandums and determine how to properly account for transactions within the fund structures.
- Understand all the deliverables to properly operate the funds and ensure deadlines are met.
- Read through the documents related to the investment purchases to determine how to properly account for the transactions.
- Review the fund administrators reports for the funds before finalisation.
- Assess the performance of the fund and the underlying investments.
- Calculate net asset values (NAVs) of the funds, monitor and post cash flows, and effectively coordinate with the custodian banks and other service providers.
- Track internal rate of return by investment and by investor.
- Liaise with the various auditors of the fund families.
- Verify terms of various trades with the counterparties. These would include direct lending structures, derivative transactions such as fx forwards, credit linked notes and credit default swaps.
- Assist in the preparation of investor reports and presentations, as needed.
- Undertake ad hoc projects and other duties as assigned.
Requirements
- You will be a fully qualified accountant (ACA, ACCA, CIMA).
- Preferred experience in fund accounting, within a private credit/debt fund or with other closed-ended funds.
- Outstanding verbal and written communication skills.
- Willingness to take on new responsibilities and challenges.
- No sponsorship on offer and candidates are expected to be based in the UK already.
