Associate - Fund Accounting

Overview

Associate role in private equity fund accounting, covering financial statement preparation, fund reporting, calculations (carry/waterfalls/equalization/late closing interest), and audit/regulatory support.

What you'll do

• Prepare and review quarterly management accounts for client private equity funds.
• Lead general client reporting requirements and align to client service level standards and KPIs.
• Compute carry, equalization, and late closing interest for funds administered.
• Prepare and review waterfall calculations.
• Maintain and process accounting records through journals and other transactions to general ledger and trial balance.
• Manage and coordinate annual fund audits with external auditors and the client.
• Review draft annual financial statements under multiple GAAP standards depending on fund domicile.

What you'll need

• 4+ years of strong related private equity fund accounting experience (preferred).
• Working knowledge of UK or US GAAP (essential) and IFRS/Canadian GAAP/Lux GAAP (desirable).
• Knowledge of private equity carry, waterfall, LCI, and equalization (specific to private equity funds) is required.
• Excellent working knowledge of accounting databases/running reports.
• Competent user of MS Excel and other MS products.
• Direct working experience with waterfalls, IRR, and performance metrics such as MOIC, DPI, and TERs.

Details

• Hybrid work model: at least 4 days in the office per week, with flexibility to work from home 1 day a week.