An established funds platform with global operations is seeking a junior fund accountant for a newly created role. The firm operates strategies across public and private markets, with this role aligned to their private equity and private credit products.
Please note this is not an entry level role and you ideally need to have 18 months to 2 years experience in a fund accounting or fund admin role.
In this position you will work closely with senior finance leaders to support the day-to-day operational oversight and control framework across the full range of funds. This is a hands‑on opportunity offering high exposure to investment managers, service providers and internal stakeholders.
Key Responsibilities:
- Perform NAV oversight, including reconciliations across all NAV components (positions, prices, cash, fees, hedging efficiency).
- Verify and approve NAV/AUM figures produced by the Fund Administrator.
- Challenge valuations, resolve valuation/trading/structuring/payment queries, and address pricing exceptions on hard‑to‑value or stale securities.
- Work with Investment Managers to manage revenue, expense rebates, and distribution fees.
- Support audit processes and coordinate responses to audit requests.
- Assist with investor and investment manager due diligence and operational queries.
- Support onboarding of new funds and external fund managers.
- Monitor and resolve custody‑related issues, including unadvised cash, overdrafts, non‑receipt of cash, and failing trades.
- Perform collateral management processes, including Tri‑Party arrangements.
- Oversee daily cash flows from the Transfer Agent and monitor payments, trade flow, and broker settlements.
- Perform regulatory reporting reconciliations and prepare fund‑related data for filings.
- Coordinate with third‑party vendors on investor tax and disclosure reporting.
- Work with the IT team to document product management technology requirements and support development pipelines.
Your background:
- At least 18 months experience or thereabouts in a fund accounting or fund admin/ops role for closed ended funds
- Degree education with exceptional academics
- Understanding of performance fee mechanics (high‑water marks, benchmarks).
- Knowledge of IFRS and Luxembourg GAAP (helpful, not essential), including interpretation of financial statements.
- Understanding of fair value principles for private and public markets.
- Proactive “can‑do” attitude with eagerness to learn.
- Strong problem‑solving capabilities and comfort with accountability.
- Ability to develop strong working relationships with internal and external stakeholders.
- Able to work under pressure and meet tight deadlines.
- Proficiency in Excel and basic data analysis.
Salary on offer is around £40-50,000 plus benefits, bonus and study support if required.
Hybrid working (3 days in the office) in a prime central London location.
Full unrestricted UK work rights required and visa sponsorship is not on offer.
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