At a Glance
- Tasks: Manage fund accounting, oversee audits, and ensure compliance with regulations.
- Company: Join Cloud Capital, a dynamic investment management firm focused on data centres.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for career growth in a flat team structure.
- Why this job: Be part of a growing team making impactful financial decisions in the tech sector.
- Qualifications: Qualified Accountant with 2+ years in fund accounting and strong communication skills.
The predicted salary is between 60000 - 75000 £ per year.
Who We Are: Cloud Capital was founded in 2020 as the investment management affiliate of CloudHQ, a leading global data center development and operating platform. The firm was established to identify and capitalize on acquisitions of high-quality data centres across the globe. Cloud Capital acquires, manages, develops, and operates data centers to become the long-term owner and operator of choice for tenants globally.
Working in a flat team structure with an existing Fund Finance Manager, reporting to the Fund Controller, you will manage the relationship with external providers to maintain the books and records of our European fund entities, produce financial statements and assist with the quarterly reporting requirements to our investors, lenders and management.
Key Responsibilities:
- Fund accounting and audit / regulatory compliance:
- Assist with the overseeing of the quarterly NAV and financial statement process, reviewing work prepared by our third-party administrators and SPV external accounting service providers.
- Supervising and coordinating the financial close and audit process.
- Maintain fund level shadow accounting.
- Prepare and maintain working papers and technical accounting papers.
- Report to Luxembourg Board of Managers, third party AIFM/Depository and assist with other regulatory filings as necessary.
- Calculate the fund’s quarterly carry waterfall calculations and administering distributions to investors.
- Cash & hedging management across the European fund structure, including day to day oversight of the bank accounts.
- Controls & Process Improvement:
- Identify opportunities for operational efficiency and automation and support with the implementation of new systems, reporting tools and processes.
- Maintain robust internal controls and governance procedures including preparation (and appropriate updates to) the corresponding documentation.
- Investor Reporting:
- Support the Fund Finance Manager to manage investor reporting and requests including capital calls, distributions and quarterly reporting.
- Tax, Investment and Asset Management:
- Work with our European Tax Director and tax advisors to update and ensure compliance with tax advice & filing requirements.
- Assist the investment team, lawyers, tax advisors and other service providers on fund and transaction structures.
- Assist the investment team and operating partners with the preparation of asset level business plans.
Requirements:
- Qualified Accountant (ACA; ACCA; CIMA etc or non-UK equivalent) with 2+ years' post qualified experience of Real Estate/ Infrastructure/Private Equity fund accounting experience within an investment management firm.
- Knowledge of IFRS, INREV NAV and Luxembourg based fund structures.
- Oversight and management of third-party fund administrators, accountants, tax advisors etc.
- Strong communication skills.
- Must be highly process-oriented and have experience with organizational control environments.
- Experience with Yardi a plus.
Fund Accounting Manager in London employer: CloudHQ International
At CloudHQ, we pride ourselves on being a leading employer in the digital infrastructure sector, offering our Project Managers the chance to work on groundbreaking hyperscale data centre projects across the EMEA region. Our dynamic work culture fosters collaboration and innovation, providing ample opportunities for professional growth and development while ensuring a supportive environment that prioritises safety and well-being. Join us to be part of a forward-thinking team that is shaping the future of technology and infrastructure.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Accounting Manager in London
✨Tap into Campus Networks
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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.
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We think you need these skills to ace Fund Accounting Manager in London
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 CloudHQ International.
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 CloudHQ International'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 CloudHQ International
✨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 CloudHQ International.
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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.
✨Show Your Passion for Finance
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✨Network with Industry Professionals
Before your interview, reach out to current or former CloudHQ International 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.
