Senior Fund Accountant (Carried Interest Project Management) - (Private Equity)

Senior Fund Accountant (Carried Interest Project Management) - (Private Equity)

Role: Senior Fund Accountant (Carried Interest Project Management)

Location: London or Birmingham

Contract Type: Fixed Term Contract (Full-time)

About Capital Dynamics:

Capital Dynamics is an independent global asset management firm focusing on private assets, including Private equity (primaries, secondaries, and co-investments) and Clean Energy.

Established in 1988, the Firm has extensive knowledge and experience developing solutions tailored to meet the exacting needs of a diverse and global client base of institutional and private wealth investors. Capital Dynamics oversees more than USD 14 billion in assets under management and advisement and employs approximately 150 professionals globally across 13 offices in Europe, North America, and Asia.

Department Overview:

The Capital Dynamics Finance team manages all elements of operational finance, reporting, and regulatory reporting obligations. Further, the team provides oversight, controls, and protection to safeguard the firm’s interests and budgets while upholding the financial integrity of the business. The team also collaborates with the business and stakeholders to drive value creation and efficiencies within the wider organization.

Role Purpose:

Capital Dynamics (CD) seeks to engage a Senior Fund Accountant (Carried Interest Project Manager) to join the Capital Dynamics Finance team in our London or Birmingham office. The role holder will operate as a project manager leading the rationalization of our fund administration and 'carried interest' operations.

Key Tasks and Responsibilities:

• Oversee the production of carried interest calculations and reporting for all Capital Dynamics funds, in collaboration with CD fund operations and the third-party fund administrator.
• Work alongside the legal team on the review of existing limited partnership agreements (LPA’s) to identify and define relevant fund chargeable services.
• Support LPA monitoring, compliance, and refinement of existing and new terms for new fund vehicles.
• Work alongside tax experts to ensure legal, tax, and regulatory requirements for CD funds are met.
• Review of net asset value (NAV) calculations.
• Work with Capital Dynamics' third-party fund administrator to maintain accurate loan and credit facilities.
• Liaise closely and effectively with our fund administrator to prepare financial statements, audited annual accounts, coordinate the audit process, and manage and discharge audit queries.
• Ensure all relevant tax compliance obligations for investment funds in domiciled jurisdictions.
• Support the preparation of accounting, tax, and reporting for CD employee investment vehicles.
• Proven track record in fund administration or fund accounting, finance, asset management / private equity audit.
• Experience in carried interest accounting and calculation is essential.
• Solid technical and working knowledge of the topics of fund legal documents (LPA’s) and fund oversight model.
• A strong understanding of partnership agreements, private company securities, and legal/structural preferences is highly desirable.
• Understanding of US federal tax processes including K1 / 1065, K2, and K3 filings - is highly desirable.
• The ability to document, justify, and demonstrate complex fund finance, accounting, and fund operation matters.
• Ability to analyze and organize large amounts of data in an efficient manner.

Education and Qualifications:

• Qualified Accounting (ACA / ACCA / CIMA or equivalent).
• Extensive knowledge of account standards - IFRS, US GAAP, and UK GAAP is beneficial.
• Minimum of 8 to 10 years relevant experience, with at least the last 4 working in a private equity firm or similar financial services organization.

Languages:

• Must be fluent in English and display superior verbal/written communication skills.

Diversity & Inclusion:

Capital Dynamics is an Equal Opportunity Employer and is committed to creating a globally diverse workforce. We welcome and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply to join Capital Dynamics.

Seniority level

• Mid-Senior level

Employment type

• Contract

Job function

• Finance and Accounting/Auditing
• Industries: Venture Capital and Private Equity Principals and Investment Management