At a Glance
- Tasks: Prepare financial statements and reports for a high-profile private equity client.
- Company: Join Gen II, a leading firm in financial services with a collaborative culture.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Great opportunity to mentor junior accountants and enhance your career.
- Why this job: Make an impact in the finance world while developing your skills in a dynamic environment.
- Qualifications: Studying towards an accounting qualification; experience in financial services is a plus.
The predicted salary is between 40000 - 50000 £ 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 preferred 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: gen2fund.com
Gen II (UK) in Southampton is an exceptional employer, offering a dynamic work culture that prioritises employee growth and development. With opportunities for Agile Working, a commitment to professional qualifications, and a supportive environment for coaching and mentorship, employees can thrive while delivering high-quality financial reporting for prestigious private equity clients.
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 UK GAAP, US GAAP, and IFRS. We want you to be ready to discuss how you've tackled complex accounting issues in the past!
✨Tip Number 3
Showcase your skills! Bring along examples of financial statements you've prepared or any projects you've led. This will help us see your hands-on experience and how you can contribute to our team.
✨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 take that extra step to connect with us directly.
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 is tailored to the Senior Fund Accountant role. Highlight your experience with financial statements and any relevant qualifications. We want to see how your background fits with what we’re looking for!
Showcase Your Skills:Don’t just list your skills; show us how you’ve used them in real situations. Whether it’s preparing financial reports or liaising with auditors, give us examples that demonstrate your expertise.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, so avoid jargon and make sure your key points stand out.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss any important updates from us!
How to prepare for a job interview at gen2fund.com
✨Know Your Numbers
Brush up on your knowledge of financial statements and accounting principles, especially UK GAAP, US GAAP, and IFRS. Be ready to discuss how you've applied these in your previous roles, as this will show your expertise and confidence in handling complex financial reporting.
✨Prepare for Technical Questions
Expect questions about specific accounting issues and how you would resolve them. Think of examples from your past experience where you identified and tackled significant accounting challenges. This will demonstrate your problem-solving skills and technical knowledge.
✨Showcase Your Leadership Skills
Since the role involves overseeing junior accountants, be prepared to discuss your experience in coaching and developing others. Share specific instances where you’ve successfully guided a team member or improved a process, highlighting your ability to lead and mentor.
✨Familiarise Yourself with the Company
Research Gen II and understand their client base and the types of funds they manage. Being able to speak about their work and how you can contribute will show your genuine interest in the role and help you stand out as a candidate.
