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 opportunities to mentor and develop junior accountants.
- 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 II Careers
At Gen II, we pride ourselves on being an exceptional employer, offering a dynamic work environment in our Southampton office that fosters collaboration and professional growth. Our commitment to employee development is evident through ongoing learning opportunities and a supportive culture that encourages knowledge sharing within the Compensation and Benefits team. With competitive benefits and a focus on compliance and efficiency, we ensure our employees are well-equipped to thrive in their roles while contributing to meaningful projects across Europe.
