At a Glance
- Tasks: Manage fund accounting operations and collaborate with finance leaders on private equity and credit products.
- Company: Established global funds platform with a focus on private markets.
- Benefits: Competitive salary, bonus, study support, and hybrid working in central London.
- Other info: Dynamic role with opportunities for professional growth and development.
- Why this job: Gain hands-on experience and high exposure to investment managers and stakeholders.
- Qualifications: 2-3 years in fund accounting, degree educated, and strong problem-solving skills.
The predicted salary is between 50000 - 60000 € per year.
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 2-3 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.
- At least 2-3 years of experience 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 £50-60k 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.
Junior Fund Accountant - Private Markets in City of London employer: Aria Partners
Join a dynamic and established funds platform that values employee growth and offers a collaborative work culture. With a prime central London location, this role provides high exposure to senior finance leaders and investment managers, fostering meaningful professional relationships. Enjoy competitive salary packages, hybrid working arrangements, and opportunities for further study support, making it an excellent choice for those looking to advance their careers in fund accounting.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Fund Accountant - Private Markets in City of London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and understanding their private markets strategies. Practice common interview questions and think about how your experience aligns with the role. We want you to walk in with confidence and show them why you’re the perfect fit!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a simple gesture that shows your appreciation and keeps you fresh in their minds. We recommend mentioning something specific from the interview to make it personal.
✨Apply Through Our Website
If you see a role that excites you, apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and eager to join our team!
We think you need these skills to ace Junior Fund Accountant - Private Markets in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Junior Fund Accountant role. Highlight your relevant experience in fund accounting or administration, and don’t forget to mention any specific skills that align with the job description, like NAV oversight or regulatory reporting.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your proactive attitude and eagerness to learn, and how your background aligns with the responsibilities outlined in the job description.
Showcase Your Problem-Solving Skills:In your application, be sure to highlight examples of how you've tackled challenges in previous roles. This will demonstrate your strong problem-solving capabilities and your comfort with accountability, which are key for this position.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Aria Partners
✨Know Your Numbers
As a Junior Fund Accountant, you'll be dealing with NAV oversight and reconciliations. Brush up on your financial metrics and be ready to discuss how you’ve handled NAV calculations in the past. Be specific about your experience with positions, prices, and cash management.
✨Showcase Your Problem-Solving Skills
This role requires strong problem-solving capabilities, especially when it comes to valuation and pricing exceptions. Prepare examples of challenges you've faced in previous roles and how you resolved them. This will demonstrate your proactive attitude and ability to handle accountability.
✨Familiarise Yourself with Regulations
Understanding IFRS and Luxembourg GAAP can set you apart. Even if it's not essential, showing that you have a grasp of these principles will impress interviewers. Brush up on fair value principles and be ready to discuss how they apply to both private and public markets.
✨Build Rapport with Stakeholders
The role involves working closely with investment managers and service providers. Think about how you’ve developed strong working relationships in the past. Be prepared to share strategies for effective communication and collaboration, as this is key to succeeding in the position.
