At a Glance
- Tasks: Manage financial data for private credit funds and collaborate with various teams.
- Company: Join Jefferies Credit Partners, a leader in private credit management.
- Benefits: Competitive salary, diverse work environment, and opportunities for growth.
- Other info: Dynamic workplace with a commitment to diversity and inclusion.
- Why this job: Be part of an expanding team making a real impact in the finance sector.
- Qualifications: Experience in fund accounting and knowledge of European investment vehicles.
The predicted salary is between 60000 - 80000 £ per year.
Jefferies Credit Partners Europe Limited is a wholly-owned subsidiary of Jefferies Credit Partners LLC ("JCP"). JCP is an established private credit manager and the asset management arm of Jefferies Finance LLC ("JFIN"). JFIN was founded in 2004 as a 50/50 joint venture between Massachusetts Mutual Life Insurance Company ("MassMutual"), a global, diversified life insurance and financial services organization, and Jefferies, a leader in global investment banking. Jefferies Credit Partners benefits from a highly integrated sourcing model through its affiliation with Jefferies’ global investment banking platform. JCP offers investment opportunities across a range of products including funds, CLOs, and separately managed accounts. JCP established its European business in 2024 and launched its flagship European Direct Lending Fund in Q1 2026, which is targeting private credit investments in Western European companies in the middle market and upper middle market. JCP’s origination partnership extends to Europe where Jefferies has 450+ investment bankers in numerous local offices across EMEA.
Position Overview: Jefferies Credit Partners Europe is seeking a Fund Accountant to support the expansion of JCP’s Private Credit structure in Europe. The Fund Accountant will be responsible for assisting with the preparation and analysis of financial data for multiple private credit funds while working closely with JCP’s investor relations, compliance, and operations teams.
Responsibilities:
- Providing proper accounting of multiple investment funds and related entities, including the review/preparation of all related journal entries, work papers, reconciliations, NAVs and trial balances required for periodic closes.
- Preparing monthly, quarterly and annual financial statements.
- Preparing and reviewing periodic financial statements under standards like IFRS, Lux GAAP, or UK GAAP.
- Preparing reconciliations of fund cash and investment positions.
- Tracking fund level expenses, accruals, capital calls, distributions, management fees and incentive fees.
- Assisting with analysis related to fundraising/due diligence requests, and/or ongoing investor reporting.
- Managing audit and tax reporting processes with internal and external accounting firms.
- Monitoring compliance with funds’ various credit facilities and reporting compliance.
- Getting involved in different layers of investor reporting for internal and external reporting.
Requirements:
- Suitable experience in fund accounting or public big 4.
- Understanding of European investment vehicles (SICAV, FCP, SIF) and regulatory requirements.
- Experience in accounting for various types of entities including private equity funds, hedge funds (Master Feeder Structures, Standalone Entities, Side by Side and Segregated Portfolios), with private debt experience preferred.
Fund Accountant (Vice President) employer: Jefferies Financial Group
Jefferies Credit Partners Europe Limited is an exceptional employer, offering a dynamic work environment in the heart of London. With a strong focus on employee growth and development, we provide comprehensive training and opportunities to engage with a diverse range of investment products. Our collaborative culture fosters innovation and inclusivity, making it an ideal place for professionals seeking meaningful and rewarding careers in private credit.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Accountant (Vice President)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment banking sectors. Attend industry events or webinars, and don’t be shy about introducing yourself to potential employers. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research Jefferies Credit Partners and understand their business model and recent developments. We recommend practising common interview questions and preparing some insightful questions of your own to show your genuine interest.
✨Tip Number 3
Showcase your skills! Bring along examples of your previous work, especially if you’ve dealt with fund accounting or private credit before. We want to see how you can add value to our team, so don’t hold back on sharing your achievements.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining Jefferies Credit Partners. Let’s make this happen together!
We think you need these skills to ace Fund Accountant (Vice President)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Fund Accountant role. Highlight relevant experience in fund accounting and any specific knowledge of European investment vehicles. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Keep it concise but engaging – we love a good story!
Showcase Your Technical Skills:Since this role involves preparing financial statements under various standards, make sure to mention your familiarity with IFRS, Lux GAAP, or UK GAAP. We’re keen on candidates who can hit the ground running!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Jefferies Financial Group
✨Know Your Numbers
As a Fund Accountant, you'll be dealing with financial data all day long. Brush up on your accounting principles and be ready to discuss how you’ve applied them in previous roles. Familiarise yourself with IFRS, Lux GAAP, and UK GAAP standards, as these will likely come up during the interview.
✨Understand the Business
Get to grips with Jefferies Credit Partners and its European operations. Research their investment strategies, especially in private credit. Showing that you understand their business model and how it integrates with Jefferies’ global platform will impress your interviewers.
✨Prepare for Technical Questions
Expect technical questions related to fund accounting and compliance. Be prepared to explain your experience with different types of investment vehicles like SICAVs and FCPs. Practising common accounting scenarios can help you articulate your thought process clearly.
✨Showcase Your Team Spirit
Collaboration is key in this role, so be ready to discuss how you've worked with investor relations, compliance, and operations teams in the past. Share examples of how you’ve contributed to team success and how you handle challenges in a collaborative environment.
