Job Description

A London based debt and direct lending fund are looking to hire a fund accountant to report directly to the head of finance; taking ownership of in-housing fund accounting responsibilities.

The company in question specialise across debt and direct lending investments and are currently raising a new fund. As such, this opportunity has arisen within the team.

Your role as fund accountant will entail;

• Finance
  • Oversight of and manage the day to day relationship with the fund administrators
  • Manage the capital call and distribution process
  • Review of monthly/quarterly NAV and prepare/develop performance measures
  • Reconciliation and recharge of intragroup expenses, and manage the fund AP function
  • Contribution to and monitoring fund finance counterparties
  • Review of fund vehicle regulatory returns
  • Liaise with external auditors and timely preparation of financial statements
  • Provide ad hoc support to the investment team
  • Contribute to significant in-housing of processes from external providers
  • Assisting with planning and management of the annual audits.

• Operations
  • Calculation and collection of portfolio and management fees
  • Responding to investor queries

The ideal candidate will be a recently qualified accountant (ACA/ACCA/CIMA) with exposure to Private equity/debt fund structure and familiarity with Limited Partnership Agreements. An individual from a fund administrator would be ideal. Excellent communication skills and a "can-do" attitude are key.

Remuneration will be in the region of £50,000 - £55,000 depending on experience with discretionary bonus.

Required Knowledge, Skills, and Abilities