Accountant - Private Equity
£55,000 - £65,000 + bonus + benefits
Central London

Who they are
This private equity firm is a long established private equity specialist who are now looking for a talented and enthusiastic qualified accountant to assume an important position in the Finance team reporting to the Financial Controller and also the CFO.

What you will be doing
The role can be divided up into 4 parts.
Firstly you will be involved in reporting for the funds. Reporting:This will include the review of quarterly accounts and also review and instructing the outsource fund administrators to process Fund and General Partner payments. You will also review statutory accounts reporting under US GAAP and UK GAAP - FRS 102 and update FIN 48 review for Fund 2. You will also prepare audit back up and assist auditors with year end queries. You will also prepare cash flow forecasts for two funds, updating monthly for actual cash movements. You will also prepare bank facility drawn down notices for the fund and monitor the cash position. Liaise and with the board directors of the general partners for signings, authorisations and board minutes.

Secondly, you will be involved in fund investments/ exits. You will liaise with the Financial Controller and deal team on new investments, prepare investment memos with Investment Committee approval for the administrators, prepare call notices for the funds and review/ monitor broken deal costs analysis prepared by the deal team. You will assist the Financial Controller with calculations on exit and ensure all documentation has been properly executed and prepare distributions for the funds. You would also prepare semi annual calculations management fee/ general partners share. You would also be involved in tax, collating Portfolio Company yearend information to assist outsourced tax advisers in US tax returns.
EBT, Co-Invest, Carry Vehicles and other group entities: Here you would be involved in reporting reviewing and instructing administrators to process payments and monitor cash positions. You would also review year end statutory accounts and prepare audit back up and assist auditors with year end queries.
Intermediate Holding Companies:Assist the Financial Controller with year-end procedures, where necessary,
Other duties: You would assist the CFO with compliance reporting requirements and also assist the CFO with many ad-hoc projects.

Who they are looking for
To be considered for this role you should meet the following criteria:

  • They are looking for a qualified accountant with exposure to fund accounting.
  • They are looking for someone with all round accounts preparation experience including preferably LLP experience.
  • They are looking for someone who can work in a small company environment.
  • They are looking for someone who can communicate effectively.