At a Glance
- Tasks: Review and calculate NAVs for hedge funds and private equity funds while collaborating with global teams.
- Company: Dynamic finance firm focused on hedge funds and private equity.
- Benefits: Competitive salary, flexible working 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, preferably in hedge funds or private equity.
The predicted salary is between 40500 - 49500 £ 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 Hedge-fund 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.
Senior Fund Accountant 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 Senior Fund Accountant in London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Squarepoint Capital. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Squarepoint Capital.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Squarepoint Capital. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Senior Fund Accountant in London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Squarepoint Capital and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Squarepoint Capital how you can be a team player!
How to prepare for a job interview at Squarepoint Capital
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Squarepoint Capital.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Squarepoint Capital's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
