Fund Accountant

Overview

Financial Accountant (Fund)

£500.00 per day (Umbrella)

Initial 6 week contract

London - Hybrid

Our client is currently searching for short term support within their accountancy team. The London team is comprised of 18 people representing deal originators, assets managers and finance.

Within this role you will be responsible for managing the accounting, tax, reporting and treasury aspects of a Real Estate Investment fund. The Fund is accounted for as an investment company under US GAAP so the candidate should have a good technical working knowledge of US GAAP.

This position will involve working closely with third party accounting service providers and joint venture partners in the preparation of the quarterly Fund financial statements; previous experience in managing outsourced accounting and administration would be beneficial. In addition to the primary functions of the role, the candidate would be required to assist in managing investor reporting and monitoring investor queries.

Responsibilities

• Ability to assist in technical accounting matters arising across the Funds including preparation of accounting treatment memorandums and co-ordination with client corporate office of accounting policy.
• Liaison with internal and external investors with regard to the Fund portfolio providing information in respect of both investment activities and accounting matters.
• Providing support in new investment activity including due diligence procedures, providing support on establishing new investment structures, participation in negotiation with third party asset managers with respect to financial reporting and asset management responsibilities.
• Review and analysis of financial reporting provided including GAAP financial statements, cash flows, income tax reporting and other project specific reporting.
• Oversight of investment structures and activities including maintenance of on-going relationships with third party asset managers, ensuring on-going compliance with tax structuring in place and ensuring local regulatory and statutory compliance.
• Assistance with the development of accounting policies, procedures and internal control issues.
• Managing Fund quarterly reporting process including preparation of financial statements with the assistance of service providers and preparation of all client reporting.

Experience Required

• Must have Real Estate Fund Accounting experience.
• Qualified Accountant with US GAAP technical knowledge relevant to the business. Minimum three years of experience post qualification.
• Must have experience working under pressure with various projects and deadlines while reporting to multiple people. There will be significant interaction with joint venture partners, other client internal groups, third party property managers and asset managers.
• Candidate must be proactive with issues and responsive to management. Must have the ability to work in an entrepreneurial environment and possess initiative, organization, problem-solving and analytical skills.
• Demonstrated leadership abilities are essential but also able to work well independently. Detail oriented and willing to take a hands on approach in all elements of the job.
• Demonstrated experience with financial reporting, budgeting, transaction analysis and review.
• Must possess excellent oral and written communication skills. Good computer skills, including Microsoft Office suite.
• Previous experience working with third party accounting and administration service providers.

If you are interested please do not hesitate to apply! Please note in the event of high volumes of applications we will only be able to respond to successful applications in the first instance.