Fund Accountant

The Role

The ideal candidate will have a strong technical background in fund accounting within the financial services sector and a solid understanding of the challenges and trends impacting this area. This position will suit an ambitious and motivated individual who is eager to support a growing team. The role involves working closely with senior personnel across multiple teams and delivering high-quality work to support clients across a range of engagements.

Key Responsibilities

• Providing expertise in fund accounting across various projects and engagements, including supplementing client fund accounting teams in producing NAVs, supporting system migration initiatives, and onboarding new funds.
• Assisting with the production and review of NAV calculations and associated processes as required.
• Enhancing clients’ NAV production and other fund administration processes by reducing timelines, improving controls, and ensuring best-in-class outcomes.
• Introducing and improving management information through the use of modern BI tools and appropriate performance indicators.
• Reconciling data from prime brokers, custodians, or other counterparties to fund administration systems, including detailed analysis and break resolution.
• Supporting and mentoring junior team members to enhance technical and soft skill development.
• Developing documentation and materials to support client engagements, including process documents, project materials, and reconciliation templates.
• Acting as a subject matter expert in areas of prior experience to enhance delivery to clients.

Key Requirements

• Deep technical understanding of fund accounting and fund administration functions within the asset management industry.
• Strong experience within the asset management space, particularly in fund administration.
• Strong analytical and problem-solving skills, with the ability to work under pressure and to tight deadlines.
• Ability to adapt quickly to different client operating environments.
• Ability to engage with stakeholders at a technical level regarding fund accounting matters.
• Experience with a range of fund types/structures such as mutual funds, UCITS, ICAVs, private equity, REITs, SPVs, hedge funds, ETFs and derivatives is an advantage.
• Experience with fund administration systems is beneficial, ideally including fund setup activities and an understanding of the technology landscape.
• End-to-end NAV calculation experience with a strong grasp of each component within the calculation process.
• Financial reporting knowledge and experience would be beneficial.
• Experience in reconciliation processes, including design and implementation.
• Ability to analyse operational environments and propose process improvement and automation solutions.
• Knowledge of complex fund administration calculations (e.g. performance fees, waterfalls, distributions) is an advantage.
• A strong client service mindset.

Experience, Skills and Attributes

• Deep knowledge of the financial services/asset management industry, either directly or via consultancy.
• Relevant professional qualification in accounting or a related discipline.
• Experience working on large-scale projects in a multinational environment.
• 3–5 years’ experience in fund accounting, ideally including time within consulting or a tier-one fund administrator/asset manager.
• Self-motivated, with the ability to lead junior staff and work both independently and as part of a team.
• Strong communication skills, including report writing and Excel proficiency.
• Confident and mature individual with excellent interpersonal skills and the ability to mentor others.
• Proactive, able to work on their own initiative, while also knowing when to collaborate and seek support.
• Energy, enthusiasm, and passion for new challenges.