This role is a chance to join a fast-paced Private Equity and Credit investment house within an experienced and established Finance team. The Credit Fund Accountant will focus on managing the fund accounting function for current and future Credit funds while also providing transactional support to the investment team and preparing management information to Senior individuals
Key Responsibilities and Accountabilities:
Fund Accounting and Reporting:
- Responsible for the quarterly and annual investor reporting requirements of our Credit fund structures, with support from the Senior Fund Accountant. This will involve the detailed review of accounts packs prepared by the Fund’s administrators, ensuring they are prepared in accordance with Fund and UK accounting standards
- Liaising with our Luxembourg office to manage the reconciliation and reporting of the monthly pan-European collections across our credit portfolios, reporting into the Investment Asset Management team
- Assisting with all aspects of fund cash inflows and outflows including quarterly management fee, investment and fund expenses, calls, distributions, fee invoicing and expense payments.
- Involvement in the acquisition of disposal processes of Credit funds, initially supporting the Senior Credit Fund Accountant in liaising with our tax and legal advisors
- Support the production of monthly KPI packs for senior management, driving new reporting initiatives and improvements
- Assist with the production of bi-annual valuation of our Credit portfolios, ensuring compliance with accounting standards and audit of key inputs.
- Liaise between Investment team and Fund Administrators to ensure that investment transactions and co-investment structures are accurately recorded in the fund accounting records, with appropriate governance and reporting procedures in place for portfolio holding company structures.
- Assisting the Senior Fund Accountant with the establishment and maintenance of controls and procedures for funds
- Playing a key role in the relationship management of Fund Administrators, service providers and investment boards in both Guernsey and Luxembourg
- Assisting with the Co-ordination of investor communications via Investor Relations team and Fund Administrators
- Ad-hoc internal and external reporting requests.