At a Glance
- Tasks: Manage fund accounting, investor reporting, and collaborate on portfolio valuations.
- Company: Join a dynamic venture capital firm focused on climate tech innovation.
- Benefits: Gain hands-on experience, competitive salary, and career growth opportunities.
- Other info: Be part of a small, collaborative team making a difference.
- Why this job: Make a real impact in the climate transition while developing your finance skills.
- Qualifications: 2-4 years of fund accounting experience and strong analytical skills required.
The predicted salary is between 49500 - 60500 £ per year.
About Clean Growth Fund
Clean Growth Fund is a venture capital firm backing innovative climate tech companies.
We have two funds.
Our first fund has built a portfolio of 19 companies commercialising innovations across the power, transport, industry, buildings, circular economy and agrifood sectors.
Our second fund has made 4 investments today and is actively investing.
We invest primarily at Series A, with the aim of building a balanced portfolio of hardware, software and business model innovations.
Our investor base brings together public and private capital, including the UK government's Department for Energy Security & Net Zero, CCLA Investment Management, nine UK local government pension funds, Aviva and Queen's College Cambridge.
We also benefit from investment advisory services and incubation support from Carbon Limiting Technologies, a specialist consultancy supporting innovators, corporates, investors and the public sector.
The opportunity
We are looking for a Fund Accountant to join our finance team in London.
This is a broad, hands‑on role with real ownership from day one: you will work across two funds and the management company, see the full quarterly cycle end to end, and deal directly with our institutional LPs, auditors and portfolio companies.
Because we are a small team, this role offers exposure that would typically be split across several people in a larger organisation.
You will report directly to the CFO and have a clear path to develop technical depth across fund accounting, investor reporting, valuations and regulatory compliance.
It suits someone who wants to build a career in venture capital fund operations rather than stay in a narrow reporting function.
Duties and responsibilities
- Fund accounting and reporting
- Maintaining the general ledger and preparing periodic financial statements for the venture capital funds and management entities.
- Reconciling bank accounts, investment activity and fund expenses.
- Developing and managing budgeting and forecasting processes to support financial planning.
- Investor operations
- Assisting in capital call and distribution processes, including investor allocations and notices.
- Preparing quarterly and annual investor reports, including waterfall calculations and performance metrics (NAV, TVPI, DPI, IRR).
- Responding to LP queries, audit confirmations and bespoke reporting requests.
- Valuations and portfolio
- Tracking portfolio company valuations in line with IPEV guidelines and updating internal systems accordingly.
- Collaborating with the investment team to understand deal structures, cap tables and fund flows.
- Audit, tax and regulatory
- Supporting audit and tax preparation by coordinating with external auditors and tax advisers.
- Ensuring compliance with fund agreements, accounting standards and regulatory requirements, including preparing FCA returns.
- Assisting in onboarding new funds and investors, including setting up accounting systems and processes.
- General
- Assisting with administrative tasks as needed. We are a small team and everyone lends a hand where it is useful.
- What we are looking for
- 2 to 4 years of relevant fund accounting experience.
- Experience gained in house at a venture capital or private equity firm, or at a fund administrator.
Candidates from the audit or fund services practice of a top five accountancy firm will also be considered.
- Strong understanding of partnership accounting and fund structures.
- Excellent Excel skills, with strong analytical and communication abilities.
- Excellent attention to detail, organisational skills and the ability to meet deadlines.
- A positive, flexible and proactive can-do attitude.
- Candidates must have the right to work in the UK. We are not able to offer visa sponsorship for this role.
- Part qualified or qualified accountant (ACA, ACCA, CIMA or equivalent), or a relevant degree.
We are equally interested in candidates who have built their technical grounding on the job.
- Working knowledge of Xero (or a comparable cloud accounting platform).
- Exposure to FCA regulatory reporting.
- Experience with a portfolio monitoring platform such as Vestberry.
- Who will do well here
We are a small, collaborative team working on something that matters.
We are looking for someone who is driven, takes ownership of their work, rolls up their sleeves when the team needs it, communicates clearly with people outside finance, and is genuinely interested in the climate transition we are financing.
Clean Growth Investment Management is an equal opportunities employer.
We welcome applications from all backgrounds and are happy to discuss reasonable adjustments at any stage of the process.
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Fund Accountant employer: Clean Growth Fund
At Clean Growth Fund, we pride ourselves on being an excellent employer by fostering a collaborative and supportive work culture in the heart of London. Our team members enjoy meaningful growth opportunities, working closely with experienced professionals while gaining invaluable insights into venture capital fund operations. With a focus on sustainability and innovation, we offer a unique chance to contribute to impactful projects that drive positive change in the climate tech sector.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Clean Growth Fund. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Fund Accountant
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 Clean Growth Fund.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Clean Growth Fund'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 Clean Growth Fund
✨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 Clean Growth Fund.
✨Prepare for Case Studies
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.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Clean Growth Fund will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Clean Growth Fund 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.
