Purpose of the role:
You will be part of a team that has responsibility for servicing a portfolio of closed-ended private equity investment funds and related structures. You will utilise your skills and experience to ensure that all responsibilities for the smooth and efficient operation of these structures are discharged appropriately, with particular emphasis on the timely and accurate production of all financial reports and data.
Responsibilities:
- To develop and maintain good professional relationships with each client, ensuring that all communications, whether written, verbal or face-to-face, are handled in an appropriate, professional and effective manner
- Maintain the accounting records of each entity in accordance with its constitutive documentation and with consideration to market expectations and best practice (e.g. BVCA/EVCA), client requirements, applicable laws and regulations, and accounting standards. This will include the production of annual and quarterly financial statements, investor capital accounts, reviewing valuations, undertaking reconciliations, calculation of performance fees and providing other financial information as required
- Obtain transaction information on funds and related entities, from internal and external contacts, extrapolate the necessary accounting information and ensure that the transactions are captured in FrontInvest and the relevant accounting ledgers
- Ensure that all accounting records are maintained in a timely manner and to a high standard, in both physical and digital format
- Liaise with the Administrators within the team to ensure that each client’s accounting and financial reporting requirements are met and that each client receives a unified professional service
- Contribute to the team’s overall performance and suggest changes that enhance service levels and efficiencies
- Provide cover for colleagues during holidays or other periods of absence
- Assist the Manager and Directors during the establishment/take-on of new clients
- Contribute to the achievement of the departmental generic objectives
Skills required:
- Have a solid practical understanding of bookkeeping and accounts preparation for private equity/venture capital funds, including IFRS reporting requirements
- Possess an ability to garner and interpret information quickly
- Demonstrate a high degree of accuracy and a meticulous approach to financial reporting, ensuring that all activity is undertaken in line with professional standards
- Have experience of dealing with ‘blue chip’ investment managers and delivering the levels of service that you and your investors expect
- Hold or be working towards an appropriate qualification (ACCA, ACA etc.)