Job Description

Investment administration

• Create and maintain bespoke waterfall model for new Funds.
• Day-to-day bookkeeping of fund transactions.
• General ledger and trial balance of the fund entities.
• Periodic management accounts.
• Calculations relating to NAV, drawdowns, distributions, advisory fees, GP management fees, IRR and carried interest.
• Create and issue capital statements to investors.
• Investor commitments schedule, including calculating equalisations and rebalances.
• Preparation of books for statutory audits and accounts.
• Coordination with accountants, lawyers and auditors.

Depositary accounting

• Contribute toward building a depositary service to be provided by the firm.
• Daily cash monitoring and reconciliations.
• Preparation of asset confirmation.
• Reconciliation and proofing of investment holdings.
• Maintenance and monitoring or routine depositary information requests and queries.

Management of Bookkeeping Team

• Train bookkeepers as they process through their accounting qualifications.
• Review the day-to-day financial transactions of the company recorded in Xero.
• Oversee and review the generation of sales invoices relating to both Fund Management and Promotion and issue them to the relevant parties.
• Oversee and review the posting of sales and purchase invoices.
• Oversee and review the receipt and payments of sales and purchase invoices.
• Oversee and review the bank reconciliations.
• Oversee and review payroll.
• Ensure adequate records are being kept regarding invoicing, tax folder, accounts etc.
• Facilitate and review the monthly recharging of expenses across the Kin Capital Group.

Corporate Accounting

• Undertake the Internal capital adequacy assessment process (ICAAP) on a quarterly basis, including modelling scenarios, risk and feeding this into the capital requirements of the Firm.
• Preparing and posting fund related fees based on the IM.
• Post month end journals, including deferred income and any adjustments.
• Post year end journals, including accruals, prepayments and depreciation of fixed assets.
• Run monthly management accounts for review by Partners.
• Produce and submit quarterly VAT returns, currently working with external accountants who produce this.
• Liaise with external auditors and accountants to assist them with audits and the production of company accounts.

Process improvement

• Develop and improve administrative processes to reduce risk and increase efficiency
• Identify issues with existing processes and propose practical solutions
• Implement robust controls to minimise errors

Job Offer

• £45,000 - £55,000
• Full benefits package (including bonus, private healthcare, gym membership and more)

Required Knowledge, Skills, and Abilities