Fund Accountant (Entry into Private Equity Fund Accounting)

This is a great opportunity for a qualified accountant to step into Fund Accounting within the private markets space. We are keen to hire someone and provide training to start their career within PE focused fund accounting.

The Associate will support the day-to-day administration and financial reporting service requirements for our Private Equity clients. The role will include the below key tasks.

You Will:
 
• Review financial data received from Private Equity clients and load to our internal accounting systems.
• Assist with setting up, preparing and reviewing consolidations through the investment structure using various consolidation rules.
• Process payment of fund expenses in applicable banking system.
• Book journal entries related to cash payments and accruals.
• Prepare third party reconciliations of investments and cash.
• Prepare capital call and distribution calculations and notices.
• Prepare fee schedules including calculation of management fees and carried interest, ensuring all calculations observe applicable fund documents.
• Prepare investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly.
• Prepare NAV packages and other ad hoc deliverables as defined in the service level agreements.
• Collaborate with client, banks, auditors and other third parties to ensure smooth delivery to clients and completion of deliverables.