At a Glance
- Tasks: Record fund transactions, prepare financial statements, and assist with audits.
- Company: Join a leading private equity firm in a collaborative environment.
- Benefits: Gain valuable experience, competitive salary, and potential for hybrid working.
- Other info: Opportunity to mentor juniors and work on exciting projects.
- Why this job: Kickstart your accounting career while making a real impact in finance.
- Qualifications: Studying towards ACCA or ACA with 1-2 years of accounting experience.
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: gen2fund.com
Gen II is an exceptional employer that fosters a collaborative and supportive work culture, particularly for those in the Fund Accountant role. Located in the vibrant Solent Business Park in Southampton, employees benefit from a dynamic environment that encourages professional growth through mentorship opportunities and exposure to diverse financial projects. With a commitment to Agile Working, Gen II offers flexibility that aligns with individual needs while maintaining a strong focus on team success and development.
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 practising common questions related to fund accounting and financial reporting. We recommend doing mock interviews with friends or using online resources to get comfortable discussing your experience and skills.
✨Tip Number 3
Showcase your skills! Bring along examples of your work, like financial statements or reports you've prepared. This will help you stand out and demonstrate your expertise in preparing Audited Financial Statements under IFRS.
✨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.
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 financial transactions and how you can contribute to our team.
Showcase Your Technical Skills:We love seeing candidates who are comfortable with tools like Microsoft Excel and FIS Private Capital Suite. If you have experience with these, make sure to mention it in your application!
Apply Through Our Website:To make sure your application gets to us quickly, apply directly through our website. It’s the easiest way for us to review your application and get back to you!
How to prepare for a job interview at gen2fund.com
✨Know Your Numbers
Brush up on your knowledge of IFRS and be ready to discuss how you've applied these standards in your previous roles. Be prepared to explain any financial statements you've worked on, as this will show your understanding of the technical aspects of the job.
✨Showcase Your Experience
Highlight your experience with journal entries, reconciliations, and financial reporting. Use specific examples from your past work to demonstrate your skills and how you can contribute to the team. This will help the interviewers see you as a valuable asset.
✨Prepare for Technical Questions
Expect questions about risk assessment and financial evaluations. Think of scenarios where you've identified potential risks in financial transactions and how you addressed them. This will showcase your analytical skills and attention to detail.
✨Engage with the Team Dynamics
Since mentoring junior members is part of the role, be ready to discuss your approach to teamwork and leadership. Share experiences where you've supported colleagues or led projects, as this will highlight your ability to fit into their team culture.
