At a Glance
- Tasks: Prepare financial statements and manage fund transactions while mentoring junior team members.
- Company: Join a leading private equity firm with a supportive and collaborative environment.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
- Other info: Enjoy a hybrid work schedule with Agile Working options available.
- Why this job: Make an impact in finance while developing your skills in a dynamic industry.
- Qualifications: Studying towards an accounting qualification with 1-2 years of experience preferred.
The predicted salary is between 30000 - 40000 £ per year.
Within this role we would require individuals to have experience in preparing Audited Financial Statements under IFRS (International Financial Reporting Standards) and be capable of examining financial transactions, identifying any potential risks involved and evaluating financial records accurately. The accountant would report to their direct line manager and be responsible for assisting and mentoring junior members of their team/ division.
What you’ll be doing:
- Record journal entries related to fund transactions and associated fund structures
- Reconcile bank accounts, investments and other account balances
- Maintenance of general ledgers
- Assist in preparation of financial statements (quarterly or annual), investor reports and other financial reporting deliverables
- Assist in preparation of Fund NAV packs and working papers
- Coordinate with auditors during year-end audits; provide supporting documentation and respond to audit queries
- Assist in processing capital calls and distributions to investors of the fund structure
- Assist in responding to investor queries
- Assist in relevant fee computations (e.g. management fees, carried interest, etc.)
- Operate within an ISAE 3402 controls environment
- Liaising with external contacts to obtain and provide required information
- Assisting with and contributing to ad hoc projects as required
The ideal background for this role:
- Actively studying towards a recognised accounting qualification (ACCA or ACA)
- 1-2 years accounting experience
- Working knowledge of Microsoft Excel
- Experience using FIS Private Capital Suite (Investran) is preferable but not required
This role is based in our Southampton office. Although the nature of most of the roles within Gen II cannot be classed as totally flexible, there is scope in some cases for a form of Agile Working. The different ways in which Agile Working can be undertaken is dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.
Fund Accountant, Private Equity - FTC 12 months in Southampton employer: Gen 2 Careers
Gen II is an exceptional employer that fosters a collaborative and supportive work culture, particularly for those in the Fund Accountant role. With opportunities for professional growth through mentoring and a commitment to employee development, our Southampton office offers a dynamic environment where you can thrive while balancing work and personal life through Agile Working options.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Accountant, Private Equity - FTC 12 months in Southampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves preparing financial statements under IFRS, make sure you can discuss your experience confidently. Practise common interview questions related to fund accounting and be ready to showcase your knowledge.
✨Tip Number 3
Showcase your soft skills! As you'll be mentoring junior team members, highlight your leadership and communication abilities during interviews. Share examples of how you've helped others in previous roles or projects.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. So, get that application in and let’s get you started on this exciting journey!
We think you need these skills to ace Fund Accountant, Private Equity - FTC 12 months in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your accounting qualifications and any relevant experience with IFRS and financial statements to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Fund Accountant role. Mention your experience with fund transactions and how you can contribute to our team.
Showcase Your Technical Skills:Since we value technical proficiency, be sure to mention your experience with Microsoft Excel and any familiarity with FIS Private Capital Suite. If you've worked on audits or reconciliations, let us know!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at Gen 2 Careers
✨Know Your IFRS Inside Out
Since the role requires experience in preparing Audited Financial Statements under IFRS, make sure you brush up on these standards. Be ready to discuss how you've applied them in your previous roles and any challenges you've faced.
✨Showcase Your Analytical Skills
The job involves examining financial transactions and identifying potential risks. Prepare examples from your past work where you've successfully evaluated financial records or mitigated risks. This will demonstrate your analytical prowess.
✨Be Ready to Discuss Team Dynamics
As you'll be mentoring junior members, think about your leadership style and how you’ve supported others in the past. Share specific instances where you’ve helped a colleague or contributed to team projects.
✨Familiarise Yourself with FIS Private Capital Suite
While experience with Investran isn't mandatory, having a basic understanding can set you apart. If you have time, watch some tutorials or read up on its functionalities to show your initiative and eagerness to learn.
