Fund Accounting Senior Analyst

About the Company

About the Position

Key Responsibilities

• Review of fund NAVs on a monthly or quarterly basis, tasks include:

• Review of fund transactions, eg. Security/investments trading, investor activity, etc.

• Ensuring all income and fee accruals are accounted for and validated
• Private Capital asset trades like loans (debt), Fund of Funds, Real Estate are booked into eFront
• Adherence to client agreed NAV delivery deadlines
• Adherence to client Budgets, analysis of Budgets ensuring accruals are aligned to such Budgets
• Approval and sending of fund invoices / cash instructions
• NAV impact analysis and justification
• Daily communication with clients and other external stakeholders
• Monitoring all cash and investment position reconciliation items on a regular basis.
• Ensuring all agreed reporting is completed & sent to the client.
• Attendance and participation in team / departmental meetings.
• Assist with the completion of month/quarter end processes for delivery to clients.
• Ensure that client Service Level Agreements are applied across all funds with deliverables met on a timely basis.
• Ensure any information required by the Auditors or 3rd Parties is available within the timeframe agreed with your Team Manager.
• Assist and train other team members with queries / questions as they arise. Inform the Team Manager where necessary of any issues.
• Thorough knowledge of Private Equity/Private Capital security types, including Direct Loans, Syndicated Loans, PE Fund of Funds, Real Estate, Private Equity, Forwards etc., and their accounting treatment.
• FA resource for the on boarding of new business, ensuing that FA systems and accounting requirements are in place.
• Understanding of fund operating documents, prospectus, pricing policy, agreements.

Experience/Requirements

• Knowledge of accounting systems with eFront experience being a distinct advantage.
• A minimum of 3-4 years Fund Accounting experience incorporating the above key responsibilities.
• A minimum of 1 year NAV review experience
• Good working knowledge of relevant legislation and regulatory requirements.
• A thorough knowledge of Private Equity/Private Capital accounting including typical reporting such as Investor Capital Statements, Capital Call/Distribution Notices, Portfolios.
• A good knowledge of performance fee methodologies (Equalisation, Waterfall, Performance/Incentive Fees< etc),
• Knowledge of the completion of month/quarter end processes for delivery to clients.

• An awareness of the needs of clients and an ability to deliver an excellent client service.
• An awareness of Fund Structures including ICAVs, Master/Feeder type structures and DACs
• Knowledge of DACs and regulatory reporting an advantage.

Qualifications & Skills Required:

• A third level qualification or equivalent preferably in a business or accounting related discipline preferred.
• Good time management and interpersonal skills.
• Self-motivated.
• Highly computer literate.
• Strong numerical / analytical skills.
• Strong communication skills.
• Strong Microsoft excel skills.

Remuneration Package

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