Gap Talent is recruiting a Fund Accounting Manager to be based in London for a Global Investment manager.
Overview
Purpose of Role: To support the Head of Fund Accounting in providing a dependable and professional fund accounting service, and to support the existing team with an increasing number of funds.
Primary Duties
Responsible for overseeing all daily, monthly, quarterly and annual processes for which the fund accounting team cover including:
* The daily P&L process, including attribution of P&L by driver
* Production of the daily, weekly and monthly fund return estimates and attribution
* Adherence to valuation source hierarchy and overall valuation policy
* Assisting administrator in receiving independent confirmation of external valuations; and reconciliation of estimated NAV / P&L to final NAV / P&L
* Monitoring of daily valuation changes to ensure movements are in line with market drivers
* Internal reporting including the preparation of monthly, quarterly and ad-hoc reports for senior management summarising P&L attribution, fund performance, key drivers, changes and/or risks to business continuity
* Managing the internal fund of funds rebalancing processes
* Managing the FX hedge processes for the funds
* Assist in the development of new business, fund start-ups, new products or new corporate structures; and External reporting
* Assist in preparation of annual audited financial statements
* Regulatory reporting – assist in the preparation and review of Form PF, CPO and AIFMD
* Shareholder reporting; and Corporate and Fund board reporting
General
* Providing day-to-day support to team members both within your team and the wider organisation
Experience, Knowledge & Skills
* Particularly adept in Excel and other Microsoft programs;
* Process improvement skills, ideally with Python/Power Suite tools/VBA
Educational & Professional Qualifications
Educated to degree (or equivalent) level or higher, preferably from a leading university;
* ACCA, CIMA or ACA qualified
* Employment within an asset management environment
* A detailed knowledge of fund accounting, involving equalisation credits, contingent redemption, and series accounting is essential
* Adept at discussing and considering hypothetical scenarios and generating ideas with respect to Fund Accounting
* Excellent communication skills and the ability to interact with all staff at all levels
* Strong organisational skills and the ability to manage a range of competing priorities and projects to tight deadlines
* Demonstrable and robust people management experience;
Key Internal Relationships
The individual will be expected to liaise and/or consult with the following personnel in order for them to fulfil the requirements of their role:
* Head of Fund Accounting
* Chief Operating Officer
* Corporate Accounting team
* Operations team
* Technology team
* Legal and Compliance teams; and
* Client Service team
Seniority level
* Mid-Senior level
Employment type
* Full-time
Job function
* Accounting/Auditing
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