At a Glance
- Tasks: Manage accounting for private credit funds and enhance processes with tech.
- Company: Leading Private Credit hedge fund in London with a high-performance culture.
- Benefits: Competitive salary, discretionary bonuses, and opportunities for professional growth.
- Other info: Collaborative environment with exposure to senior leadership and innovative technologies.
- Why this job: Join a dynamic team and work on sophisticated credit investment strategies.
- Qualifications: Qualified accountant with 5-10 years in Private Credit Fund Accounting.
The predicted salary is between 90000 - 115000 £ per year.
My client, a leading Private Credit hedge fund based in London, is looking to hire a Private Credit Fund Accountant to support its growing Private Credit and Distressed Banking Loans business. This is an excellent opportunity for a Qualified Accountant to join a high-performing investment environment with exposure to complex distressed bank loans and private credit strategies, including direct lending, structured bank loans, credit, and special situations.
Key Responsibilities
- Oversee the end-to-end Private Credit accounting and reporting for private credit funds and related vehicles.
- Prepare and review NAV calculations, investor capital statements, and financial statements.
- Tax expertise and experience covering K-1 schedules / PFIC (Passive Foreign Investment Company) tax reporting for US entities.
- Manage fund cash, including capital calls, distributions, and reconciliations.
- Liaise with fund administrators, auditors, custodians, and internal stakeholders.
- Support deal lifecycle accounting, including investment bookings, valuations, and exits.
- Assist with regulatory reporting and compliance requirements.
- Contribute to process improvements and system enhancements – champion process automation and leverage new technologies such as Power BI, Python, and Tableau.
Requirements
- Qualified accountant (ACA, ACCA, or equivalent).
- 5-10 years of experience in Private Credit Fund Accounting, ideally with exposure to private credit, debt funds, or hedge funds.
- Strong understanding of Tax - K-1 schedules / PFIC tax reporting for US entities.
- Prior Systems Coverage PMS / OMS namely - Enfusion, Broadridge, Front Arena will be advantageous.
- Experience working with fund administrators and external auditors.
- Excellent attention to detail and organisational skills.
- Proficiency in Excel; experience with fund accounting systems is advantageous.
Compensation
- Salary - £90,000 to £115,000 (max) base salary plus benefits and bonus (discretionary bonus 25% to 50% based on fund performance).
- Working Model – in office, 4:1 days in the office supporting the PMs and business directly.
- Opportunity to work closely with front office and senior leadership.
- Exposure to a diverse and sophisticated credit investment strategy.
- Collaborative and high-performance culture.
If you are a motivated Private Credit fund accountant looking to deepen your experience in private credit within a dynamic hedge fund environment, we would welcome your application.
Private Credit Fund Accountant - Hedge Fund employer: Black Swan Group
As an institutional asset manager based in the vibrant city of London, our client offers a dynamic work environment that prioritises compliance and ethical practices. Employees benefit from a strong culture of professional development, with opportunities for growth within the compliance team, alongside competitive remuneration and a commitment to maintaining the highest standards in the industry. Joining this firm means being part of a dedicated team that values integrity and fosters collaboration, making it an excellent employer for those seeking meaningful and rewarding careers in regulatory affairs.
StudySmarter Expert Advice🤫
We think this is how you could land Private Credit Fund Accountant - Hedge Fund
✨Tap into Campus Networks
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We think you need these skills to ace Private Credit Fund Accountant - Hedge Fund
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Black Swan Group.
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Research and Reflect:Before hitting that 'apply' button on Black Swan Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Black Swan Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Black Swan Group.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Black Swan Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
