An alternative fund manager specialising in private and public 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 Credit (public and/or private)
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.