At a Glance
- Tasks: Manage financial data for private credit funds and collaborate with various teams.
- Company: Join Jefferies Credit Partners, a leading private credit manager in Europe.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Equal opportunity employer committed to diversity and inclusion.
- Why this job: Be part of an expanding team making a real impact in private credit investments.
- Qualifications: Experience in fund accounting and understanding of European investment vehicles required.
The predicted salary is between 50000 - 55000 £ 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") and Jefferies. JCP 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, targeting private credit investments in Western European companies in the middle 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.
Equal Employment Opportunity
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
Fund Accountant (Vice President) in London employer: Jefferies
Jefferies Credit Partners Europe Limited is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within the private credit sector. Located in a vibrant European market, employees benefit from a strong support system for professional growth, competitive compensation packages, and a commitment to diversity and inclusion. With opportunities to engage with a global network of investment professionals, team members can expect meaningful contributions to the financial landscape while advancing their careers in a forward-thinking organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Accountant (Vice President) in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to current employees at Jefferies. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interview by researching Jefferies and understanding their business model. Think about how your skills as a Fund Accountant can contribute to their growth. We recommend practising common interview questions and even doing mock interviews with friends to boost your confidence.
✨Showcase Your Skills
When you get the chance, highlight your experience with fund accounting and any specific knowledge of European investment vehicles. We want to see how your background aligns with the role, so don’t hold back on sharing relevant examples from your past work!
✨Apply Through Our Website
Make sure to apply directly through our website for the best chance at landing the job. It shows your genuine interest in joining Jefferies and helps us keep track of your application. Plus, it’s super easy to do!
We think you need these skills to ace Fund Accountant (Vice President) in London
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 background aligns with 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 skills can contribute to our team at Jefferies Credit Partners. Keep it concise but impactful!
Showcase Your Technical Skills:Since this role involves preparing financial statements and working with various accounting standards, make sure to showcase your technical skills. Mention any experience with IFRS, Lux GAAP, or UK GAAP that you have. We love seeing those details!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Don’t miss out on this opportunity!
How to prepare for a job interview at Jefferies
✨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 your experience with IFRS, Lux GAAP, or UK GAAP. Be prepared to give examples of how you've handled journal entries, reconciliations, and financial statements in your previous roles.
✨Understand the Business
Familiarise yourself with Jefferies Credit Partners and their investment strategies. Knowing about their European Direct Lending Fund and the types of investments they target will show that you're genuinely interested in the role and the company. It’ll also help you answer questions more effectively.
✨Prepare for Technical Questions
Expect some technical questions related to fund accounting and compliance. Review common scenarios you might face, such as managing audit processes or tracking fund expenses. Practising these scenarios can help you articulate your thought process during the interview.
✨Show Your Team Spirit
This role involves working closely with various teams like investor relations and operations. Be ready to share examples of how you've collaborated with others in past positions. Highlighting your teamwork skills will demonstrate that you can thrive in a collaborative environment.
