Central Fund Accountant (BL, CT, MU, CL)

About the role

The Fund Accountant prepares Net Asset Values (NAVs), fund accounting records and investor capital accounts for a portfolio of investment funds administered by the organization. The role sits in the centralized fund accounting function, which covers multiple funds and jurisdictions. It also includes the NAV Checker function, which reviews and validates NAV calculations before they are released for supervisory approval.

Key responsibilities

• Prepare periodic NAV calculations and issue them on time in line with prospectuses and regulations
• Maintain fund accounting records (general ledger, trial balances, investment registers) and process entries for purchases, sales, gains/losses, income and expenses
• Calculate management and performance fees
• Record and reconcile investment transactions (equities, debt, private equity, structured products, derivatives) and reconcile positions with custodians, brokers and counterparties
• Maintain investor capital accounts, process subscriptions, redemptions, capital calls and distributions, and prepare capital account statements
• Perform bank and cash reconciliations and investigate differences
• Record valuations, valuation adjustments and support financial statements, investor reports and audit schedules
• Work with investor services, custody, treasury, legal and compliance teams, and act as the main operational contact for client relationship managers and investment managers
• Review complex transactions (restructurings, carried interest, disposals, fair value adjustments) and coordinate fund audits
• Supervise Fund Accountants and NAV Checkers, allocate work, monitor productivity and chargeability, and coordinate training
• Record chargeable time in Maconomy, handle pricing, invoicing and collection of outstanding fees, and meet weekly and monthly targets

Required profile

• Degree in Accounting, Finance or a related discipline with 5-6 years' experience in fund accounting, asset management accounting or fund administration
• Experience with alternative investment funds (private equity, real estate, venture capital, hedge funds) preferred
• Hands-on experience in fund accounting, investor services (registrar and transfer agent services), fund structuring and/or fund directorships
• Good understanding of fund regulations

Required skills

• Knowledge of NAV calculation methodologies, investment and capital account accounting, fund structures and investor allocations
• Knowledge of fund administration platforms; PFX Paxus knowledge preferred
• Strong numerical and reconciliation skills