The role requires a detailed technical understanding of Private Equity funds and the specific intricacies required in preparing financial statements, computing carry, private equity equalisation and late closing interest. The role also requires detailed knowledge, through direct working experience, of waterfalls, IRR and other performance metrics (e.g. MoiC, DPI, TERs). The successful candidate will have extensive experience in preparing periodic and annual audited GAAP based financial statements specifically for Private Equity funds.

Whatyou’llbe doing:

• Prepare and review quarterly management accounts for client private equity funds.

• Lead general client reporting requirements understanding the structure of the existing reports and client service level standards and key performance indicators (KPIs).

• Compute carry, equalisation and late closing interest for funds administered. Prepare and review waterfall calculations.

• Maintain and process accounting records through journals and other transactionsto the general ledger and trial balance.

• Manage and coordinateannual fund audits with external auditors and the client.

• Review draft annual financial statements in accordance with IFRS, UK GAAP, US GAAP, Canadian GAAP and Lux GAAP depending on fund domicile.

• Liaise with the tax teamto ensuretimely completion of tax engagements and appropriate charges and accruals are recorded in the financial statements.

• Complete and review regulatory returns as and when required.

• Develop a clear understanding of cash management function of the funds.

• Work with and provide support to the treasury team as and when required including but not limited to review bank reconciliation, cash management reports, daily liquidity monitoring, invoice and payment releases 

• Involvement in vital team management and allocation planning 

• Training development and potential management of junior team members 

• Involvement in RFPs for new prospects and successful onboarding of new clients 

Whatyou’ll bring tous:

• 5+ years of related experience in the financial service industry preferred 

• An understanding of fund/group structures preferred but not essential 

• Knowledge on private equity carry, waterfall, LCI and equalisation specific to private equity funds

• UK or US GAAP working knowledge is essential and IFRS, Canadian GAAPorLux GAAP is desirable but not essential 

• Experience with FIA (front invest analytics) ideal, but not required

• Excellent working knowledge of accounting databases/running reports 

• Competent user of MS Excel and other MS products