At a Glance
- Tasks: Review and calculate NAVs for hedge funds and private equity funds while collaborating with global teams.
- Company: Dynamic financial firm focused on innovative fund accounting solutions.
- Benefits: Competitive salary, flexible hours, and opportunities for professional growth.
- Other info: Great opportunity for career advancement in a supportive team atmosphere.
- Why this job: Join a fast-paced environment and make a real impact in fund accounting.
- Qualifications: 8+ years of fund accounting experience and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
Position Overview:
The candidate must be comfortable working in a rapidly changing environment with an ability to deliver high quality work in collaboration with colleagues in different offices and service providers in different time zones.
- Review calculation of estimated and final NAVs for a group of hedge funds and private equity funds, including FX classes of investors, side pockets and SMAs.
- Ensure management fees, performance fees, distribution waterfalls, and allocations are calculated in accordance with PPMs, IMAs, LPAs and side letters.
- Review investor subscription, redemption and capital call and distribution documents processed/prepared by fund administrator(s).
- Shadow allocations for certain funds and maintain database with investor information.
- Review fund operating expenses prepared by fund administrator and provide comments/changes.
- Process expense payments related to the funds and review allocations based on the expense allocation policy.
- Review of fund administrator-prepared annual financial statements, and liaise with external auditors and fund administrator(s) regarding financial reporting and timely issuance of financial statements.
- Compile information for due diligence requests from investors and counterparties, assist with other ad hoc tasks.
- Prepare monthly reporting files for management and other interested parties.
- Implement systems, processes, and procedures to improve efficiency while maintaining adequate internal control environment.
Required Qualifications:
- Must have fund hedge fund accounting experience.
- Accounting experience on Private Equity, Venture Capital, and CLO entities a plus.
- Public or a mixture of Big 4 & private accounting experience; 8+ yrs. of fund accounting experience including experience with investor and partnership allocations and related software (i.e. Backstop, Hedgetek, Investran, etc.).
- Exceptional analytical skills.
- Strong attention to detail.
- Team player with excellent communication skills.
- Ability to multitask.
- Highly organized.
Assistant Controller - Fund Accounting in London employer: Squarepoint Capital
Squarepoint is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation among elite professionals in the trading industry. Located in New York, employees benefit from competitive compensation packages, including discretionary bonuses and comprehensive health and wellness plans, while also having ample opportunities for professional growth and development through mentorship and training programs. Join us to be part of a forward-thinking team that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Controller - Fund Accounting in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Squarepoint Capital. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Assistant Controller - Fund Accounting in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Squarepoint Capital.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Squarepoint Capital's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Squarepoint Capital
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Squarepoint Capital.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Squarepoint Capital will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Squarepoint Capital employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
