At a Glance
- Tasks: Prepare financial statements, reconcile accounts, and assist with audits in a dynamic team.
- Company: Join a leading private equity firm with a supportive and collaborative culture.
- Benefits: Gain valuable experience, mentorship opportunities, and a competitive salary.
- Other info: Flexible working options available to suit your lifestyle.
- Why this job: Make an impact in finance while developing your skills in a fast-paced environment.
- 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. This is a fixed term contract for 12 months.
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.
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.
Fund Accountant, Private Equity - FTC 12 months in Southampton employer: Gen II Fund Services
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 involvement in diverse projects, employees can thrive in a dynamic environment while enjoying the benefits of Agile Working in our Southampton office, which promotes a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Accountant, Private Equity - FTC 12 months in Southampton
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Gen II Fund Services.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Gen II Fund Services might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Fund Accountant, Private Equity - FTC 12 months in Southampton
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Gen II Fund Services will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Gen II Fund Services. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Gen II Fund Services confidence in your short-term commitment to the role.
How to prepare for a job interview at Gen II Fund Services
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Gen II Fund Services.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Gen II Fund Services that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
