Fund Accounting Associate Director

3 weeks ago

London, United Kingdom Intermediate Capital Group Full time

Job Title: Fund Accounting Associate Director

Location: London, St Pauls

Department: Fund Finance & Operations

Reporting to: Head of Fund Accounting

Summary of our opportunity

The Fund Finance and Operations (“FFO”) team consist of 44 employees, based out of the New York, Tokyo, Warsaw and our head office in London.

Reporting to the Head of Fund Accounting, this position is responsible for the financial control and managing the financial reporting process for a designated set of Funds. The role involves the co-ordination and interaction with deal operations and investment teams, marketing and client relations, tax, fund structuring, and group finance, multiple stakeholders both internally and externally to ICG, such as fund administrators, auditors, Boards of Directors and investors.

Primary Responsibilities:

The responsibilities of the role include, but are not limited to:

Oversee the teams quarterly financial, investor, and regulatory reporting

Oversee the teams annual financial statement production across funds and to manage the audit process

Manage the Administrators to ensure financial reporting is accurate and timely and reflects all relevant insight from the wider team

Collaborate with Deal Operations, Tax and external advisors to manage the funds flow, capitalisation and investor notices for investments and divestments

Manage Fund cash and liquidity, including bridge facilities, treasury positions and counterparty exposure

Monitor the compliance of the Fund LPA and side letter agreements

Respond to and develop processes/procedures around external investor queries and internal investor relations demands

Review and preparation of all investor financial and ad hoc reporting, Fund analysis and dealing with regulatory reporting (AIFMD, Solvency II and other regulations)

Formally document technical matters and supporting judgements in relation to the complex accounting, including broader fund matters which impact the Fund’s financial records

Manage fund cash & treasury positions, including assisting in developing and monitoring counterparty exposure

Manage the complexity of the fund structures and governing documents such that the operations reflect the intended tax planning

Working Risk, Compliance and Internal Audit on enquiries and periodical reviews

Perform ongoing and ad hoc analysis of Fund performance, calculation of Fund IRR’s, Carried Interest and other Fund performance measures

Review investor reporting outputs to ensure consistency with Fund financials and the latest investment commentary.

Consulting with investor relations for Fund/Investor performance requests and track record updates.

Ensure there is adequate process documentation and control for your areas of responsibility

Support the implementation of new in-house systems and procedures

SPV oversight, including managing the flow of information between local service providers, Administrators and ICG

Management of teams in London and India

Leading teams annual Due Diligence visits of the third-party administrators (TPA’s)

Support of team’s strategic projects including implementation of Target operating model, TPA consolidation etc

Attendance of meetings with TPA and discuss monthly performance and KPI’s.

Working with Group finance for management information reporting packs

Supporting and working with strategy controllers on all operational, reporting and governance matters

Assessing and implementing strategic opportunities to drive value for ICG, including optimisation of practices, data flows and technology platforms

Key Requirements/ Qualifications:

You will have demonstrable experience of: 

BSc/Ba - Preferably with ACA, CIMA, ACCA

Experience in UK, European, Asian closed end Fund structures with IFRS. 

Experience in either Fund Administration, Private Equity & Venture Capital, Asset Management, Performance Analysis, Accounting

Very strong team player who is happy to work in a collegiate and consultative manner.

Strong knowledge of fund financials and reporting issues.

Conscientious with excellent diligence.

Advanced Excel skills, including financial modelling, and strong PowerPoint.

Our Global Benefits Framework is centered around these 3 key attributes:

Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.

Inclusivity – Fit for purpose and competitive, no matter who or where you are.

Longevity – Long Term and sustainable in design

  • Fund Accountant

    1 month ago

    London, United Kingdom Austin Andrew Full time

    A high growth Hedge Fund is looking to hire a fund accountant for their London office. The Fund Accountant will work closely with the Fund Manager and the CFO, handling the financial accounting across a number of funds. The ideal candidate will have a strong financial background, be a qualified accountant, and will have hands-on experience of Hedge Fund...

  • Associate Director

    2 days ago

    London, United Kingdom Trident Full time

    Associate Director - Real Estate Fund Operations. OUR CLIENT are an award-winning pan-European real estate investment and development firm who were set up over 30 years ago. They have shown steady and continuous growth over the years. They are now looking for an Associate Director to join the Fund Operations International Team and be initially...

  • Associate Director

    2 days ago

    London, United Kingdom Trident Full time

    Associate Director - Real Estate Fund Operations. OUR CLIENT are an award-winning pan-European real estate investment and development firm who were set up over 30 years ago. They have shown steady and continuous growth over the years. They are now looking for an Associate Director to join the Fund Operations International Team and be initially...

  • Associate Director, Liquidations, Fund Accounting

    1 month ago

    London, United Kingdom PATRIZIA AG Full time

    Associate Director, Liquidations, Fund Accounting (m/f/d) Recruiter PATRIZIA AG Location London, London, United Kingdom, United Kingdom PATRIZIA is a leading partner for global real assets. The expertise and commitment of our global teams form the basis of our success. Shaping a sustainable future and making a positive contribution to society is what...

  • Client Development Associate Director

    5 days ago

    London, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market.The successful applicant will adapt to new challenges....

  • Client Development Associate Director

    2 weeks ago

    London, United Kingdom ZEDRA Group Full time

    Job Description This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market. The successful applicant will adapt...

  • Client Development Associate Director

    2 weeks ago

    London, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market.The successful applicant will adapt to new challenges....

  • Client Development Associate Director

    1 week ago

    London, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market.Please make an application promptly if you are a good...

  • Client Development Associate Director

    2 weeks ago

    London, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market.Please make an application promptly if you are a good...

  • Client Development Associate Director

    2 weeks ago

    London, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market. The successful applicant will adapt to new challenges....

  • Client Development Associate Director/Director – Funds

    4 weeks ago

    London, United Kingdom ZEDRA Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market. The successful applicant will adapt to new challenges....

  • Client Development Associate Director

    2 weeks ago

    London, United Kingdom ZEDRA Group Full time

    Job DescriptionThis is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market.The successful applicant will adapt to new...

  • Client Development Associate Director

    2 weeks ago

    London Area, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market.The successful applicant will adapt to new challenges....

  • Client Development Associate Director

    2 weeks ago

    London Area, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market. The successful applicant will adapt to new challenges....

  • Client Development Associate Director

    2 weeks ago

    London Area, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market.The successful applicant will adapt to new challenges....

  • Client Development Associate Director

    6 days ago

    City of London, Greater London, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market. Please make an application promptly if you are a good...

  • Client Development Associate Director

    6 days ago

    City of London, Greater London, United Kingdom ZEDRA Group Full time

    This is an exciting opportunity for a highly motivated individual that is looking to join an entrepreneurial team that is building the business. The opportunities for business growth are considerable given the opportunities to deliver fund solutions that offer something new and different to the market. Please make an application promptly if you are a good...

  • Fund Accounting Manager

    1 month ago

    London, United Kingdom eFinancialCareers Full time

    A global leader in delivering fund and corporate services, are currently searching for a Fund Accounting Manager. In this role, you will play a critical role in the success of our business and report directly to the Associate Director, Fund Services. Responsiblefor overseeing the administration of a portfolio of fund accounting clients who are primarily...

  • Associate Director

    7 days ago

    London, United Kingdom Kroll Bond Rating Agency, Inc. Full time

    Position Title: Associate Director - Funds (London) Entity: KBRA UK Employment Type: Full-time Location: London, United Kingdom Summary : KBRA UK (Kroll Bond Rating Agency UK Limited)is seeking an Associate Director to join the Funds Rating team in our London , office. This dynamic and high energy professional will drive all aspects of the credit...

  • Associate Director

    1 month ago

    London, United Kingdom Kroll Bond Rating Agency, Inc. Full time

    Position Title: Associate Director - Funds (London) Entity: KBRA UK Employment Type: Full-time Location: London, United Kingdom Summary : KBRA UK (Kroll Bond Rating Agency UK Limited)is seeking an Associate Director to join the Funds Rating team in our London , office. This dynamic and high energy professional will drive all aspects of the credit...