Fund Accountant

Apex Group; United Kingdom; On-site; GBP 35,000 - 55,000; Full time

Job description

The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide. Your career with us should reflect your energy and passion.

That's why, at Apex Group, we will do more than simply 'empower' you. We will work to supercharge your unique skills and experience.

Take the lead and we'll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you.

Fund Accountant

Role Location: Jersey

Department: Fund Administration

Employment Type: Permanent, Full Time

The Role:

The Accountant will join a growing team providing a full suite of fund accounting and financial reporting services to our Private Equity fund clients. The role will include financial reporting, NAV reporting and other related duties, such that the candidate is involved in all aspects of accounting services to our portfolio of Private Equity fund clients.

Key Responsibilities

To prepare accounts and other related accounting activities driven by client needs and to oversee and review the work produced by the junior team members.

These will include, but not be limited to the following listed tasks:

1. Provide day-to-day fund accounting and financial reporting services to a key Private Equity client structure, ensuring compliance with internal policies and procedures, the Fund's documentation and relevant regulatory requirements and anti-money laundering regulations;
2. Ensuring that all day-to-day matters required to be completed are performed in a timely and satisfactory manner including monitoring tasks;
3. Preparation of management accounts and financial statements in compliance with GAAP (UK GAAP and IFRS);
4. Preparation of NAV calculations, capital call workings and distribution workings of the Funds;
5. Working closely with the Private Equity Fund administration team to ensure that accounting records are accurate and transactions and activity within the portfolio are understood and incorporated into the accounting ledgers as appropriate;
6. Prepare the accounting files for review by Manager and auditors;
7. Supporting the audit process to ensure the completion of milestones and deadlines;
8. Accurate time recording;
9. Perform other duties to support the Manager and team as may be necessary from time-to-time;
10. Promote excellent relationships with clients of the Company;
11. High level of self-review.

Technical

1. Be starting towards or part qualified for a professional ACA, ACCA, CIMA qualification;
2. Experience of bookkeeping for Private Equity structures;
3. A good working knowledge of IFRS and UK GAAP;
4. A basic understanding of Jersey TCB law and other related legal and regulatory requirements for example Anti-Money Laundering laws;
5. Motivated and driven.

Skills Required:

1. You will be expected to provide accurate well-presented client deliverables within the agreed deadlines in accordance with the policies and procedures of the Company;
2. Prior practical accounting experience in a financial institution or professional services firm;
3. Good communication;
4. Strong IT/system skills;
5. Consistently work accurately under pressure;
6. Previous experience and knowledge of accounting, private equity administration or investment banking;
7. Sound understanding of applicable laws, regulations, and rules;
8. Strong team member;
9. Target Qualifications - ACCA, ACA, ICAEW, ICAA, CIMA or similar.