At a Glance
- Tasks: Support fund accounting and operational aspects for private debt funds.
- Company: Leading investment firm with a global presence in credit markets.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Equal opportunities employer welcoming diverse applicants.
- Why this job: Join a dynamic team and make an impact in the private debt sector.
- Qualifications: 4-6 years in Fund Accounting, qualified accountant, strong IFRS knowledge.
The predicted salary is between 36000 - 60000 £ per year.
A leading privately owned investment firm is seeking an experienced Fund Accountant to support their private debt business. This firm has a large presence in public and private credit markets, with offices across the globe.
Key Responsibilities:
- Work with the Head of Fund Accounting on accounting and operational aspects of funds & SMAs, liaising also with numerous internal stakeholders and service providers: legal, compliance, client service, service vendors, fund boards etc.
- Manage fund NAV calculations, reporting processes & other supporting computations.
- Prepare dividend and distribution recommendations & manage the coordination of expense payments.
- Liaise with Fund Boards for approvals on internal metrics and to seek ways to improve overall efficiency.
- Assist with aspects of fund launching, investor onboarding, marketing materials production, governance tasks & client requests.
Candidate Profile:
- 4-6 years’ experience in a Fund Accounting position within private markets [private credit/debt/equity preferred].
- Experience working with direct lending Luxembourg funds highly desirable.
- Must be a qualified accountant (ACA, ACCA, CIMA or equivalent).
- Strong knowledge of IFRS and international GAAP.
- Strong knowledge of UCITS & 40 Act.
- Demonstrated ability in preparing distribution, management fee & waterfall calculations.
Fund Accountant - Private Debt & NAV Reporting in London employer: Mason Blake
As a leading privately owned investment firm, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our London office offers a collaborative environment where Fund Accountants can thrive, supported by comprehensive training programmes and opportunities to engage with diverse teams across the globe. Join us to be part of a forward-thinking organisation that values innovation and efficiency in the private debt sector.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Accountant - Private Debt & NAV Reporting in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in private debt or fund accounting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss IFRS, GAAP, and NAV calculations. We want you to shine when they ask about your experience with direct lending Luxembourg funds!
✨Tip Number 3
Showcase your soft skills! Fund accounting isn’t just about numbers; it’s also about liaising with various stakeholders. Be ready to share examples of how you've improved efficiency or handled client requests in the past.
✨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 the initiative to connect directly with us.
We think you need these skills to ace Fund Accountant - Private Debt & NAV Reporting in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Fund Accountant role. Highlight your experience in private markets and any relevant qualifications like ACA or ACCA. 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 fund accounting and how your background fits with our private debt business. Keep it concise but engaging – we love a good story!
Showcase Relevant Experience:When detailing your work history, focus on your experience with NAV calculations and reporting processes. Mention any specific projects or achievements that demonstrate your expertise in this area. We appreciate concrete examples!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved!
How to prepare for a job interview at Mason Blake
✨Know Your Numbers
As a Fund Accountant, you'll be dealing with NAV calculations and financial reporting. Brush up on your knowledge of IFRS and international GAAP, and be ready to discuss how you've applied these in your previous roles. This will show that you’re not just familiar with the concepts but can also implement them effectively.
✨Showcase Your Experience
With 4-6 years of experience required, make sure to highlight specific projects or tasks you've handled in fund accounting, especially in private markets. Be prepared to discuss your experience with direct lending Luxembourg funds, as this is highly desirable for the role.
✨Prepare for Technical Questions
Expect questions about distribution calculations, management fees, and waterfall calculations. Review these topics beforehand and think of examples from your past work where you successfully managed these processes. This will demonstrate your technical expertise and problem-solving skills.
✨Engage with Stakeholders
The role involves liaising with various internal stakeholders and service providers. Prepare to discuss how you've effectively communicated and collaborated with different teams in the past. Highlight any experiences where you improved efficiency or resolved conflicts, as this will showcase your interpersonal skills.
