At a Glance
- Tasks: Prepare financial statements and reports for a high-profile private equity client.
- Company: Join a leading financial services firm with a focus on growth and development.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative team culture with mentorship opportunities and career advancement.
- Why this job: Make an impact in the finance world while developing your skills in a dynamic environment.
- Qualifications: Studying towards an accounting qualification with some experience preferred.
The predicted salary is between 45000 - 55000 € per year.
To deliver the financial reporting requirements for a high profile, complex private equity client, which may include a range of fund structures.
What you’ll be doing:
- Preparation of annual financial statements for PE fund and related entities in major GAAP (IFRS, US GAAP, UK GAAP).
- Preparation of quarterly fund financial statements, investors capital account statements and other financial reports.
- Review of journal entries prepared by fund accountants and maintenance of general ledgers.
- Compile & review a full file of working papers/NAV Packs for all financial statements prepared.
- Liaise with auditors in respect of the financial audit of client entities as required.
- Ensure that financial statements prepared are completed and signed off within client, statutory or regulatory deadlines.
- Attend client meetings in respect of accounting matters as required.
- Identification of complex and significant accounting technical issues, if any.
- Assist in resolution of any accounting issues with Managers and Directors.
- Prepare drawdown, equalisation and distribution files.
- Analyse and interpret transaction documentation.
- Preparation and maintenance of fund fee computations (e.g. management fees, carried interest, etc.) in accordance with Limited Partnership Agreements and other source legal documentation.
- Oversight and supervision of more junior accountants and trainees.
- Ensure team adherence to internal company procedures including ISAE 3402 control environment.
- Development/enhancement of team specific procedures.
- Assist with the creation and maintenance of client specific accounting processes and procedures.
- Liaise with external contacts to obtain and provide required information.
- Assist with and contribute to ad hoc projects as required.
The ideal background for this role:
- At least actively studying towards a recognised accounting qualification (ACCA, ACA or equivalent), fully qualified accountant is preferable but not required.
- At least 2 to 3 years accounting experience preferably in financial services industry but not required.
- Experience in producing financial statements to UK GAAP, US GAAP or IFRS.
- Experience of developing and coaching others on a one-to-one basis.
- Competent user of Microsoft Excel.
Role Location/Hybrid Schedule: 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.
Senior Fund Accountant in Southampton employer: Gen 2 Careers
At Gen II, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and professional growth. Our Southampton office provides a supportive environment where you can develop your skills in fund accounting while working with high-profile private equity clients. With opportunities for Agile Working and a commitment to employee development, we ensure that our team members thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Fund Accountant in Southampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in private equity. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of GAAP standards and financial reporting. We recommend practising common interview questions related to fund accounting to show you're ready to tackle the role head-on.
✨Tip Number 3
Don’t forget to showcase your experience with financial statements and team leadership during interviews. We want to hear about how you've coached others and handled complex accounting issues!
✨Tip Number 4
Apply through our website for a smoother process! It’s the best way to ensure your application gets noticed, and you can easily keep track of your progress with us.
We think you need these skills to ace Senior Fund Accountant 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 financial services experience to catch our eye!
Showcase Your Technical Skills:Since we're looking for someone with knowledge of UK GAAP, US GAAP, or IFRS, be sure to mention any specific experiences you have with these standards. We love seeing how you've tackled complex accounting issues in the past!
Be Clear and Concise:When writing your application, keep it straightforward. Use bullet points where possible to make it easy for us to see your achievements and responsibilities. We appreciate clarity!
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Gen 2 Careers
✨Know Your GAAP
Make sure you brush up on the different GAAP standards like IFRS, US GAAP, and UK GAAP. Be ready to discuss how you've applied these in your previous roles, especially when preparing financial statements.
✨Showcase Your Experience
Prepare specific examples from your past work that highlight your experience in financial reporting and accounting. Talk about any complex issues you've resolved or how you've contributed to team projects, especially in a financial services context.
✨Be Ready for Technical Questions
Expect questions that dive into technical accounting issues. Think about potential challenges you’ve faced and how you tackled them. This will show your problem-solving skills and depth of knowledge.
✨Demonstrate Leadership Skills
Since the role involves oversight of junior accountants, be prepared to discuss your experience in coaching or mentoring others. Share examples of how you've developed team procedures or improved processes in your previous roles.
