Financial Accountant

Our client is seeking a Financial Accountant to play a pivotal role in managing their outsourced finance, compliance, and ESG functions. This is a unique opportunity to work closely with the Finance Executive, taking ownership of critical financial processes, ensuring statutory compliance, and contributing to the strategic financial health of the firm and its affiliated entities. You will be instrumental in streamlining accounting processes, providing insightful financial analysis, and shaping the future of financial reporting in a dynamic environment. This role offers unparalleled exposure to both internal fund manager operations and external fund accounting, providing a comprehensive understanding of the investment management lifecycle.

Responsibilities:

• Implement and maintain robust internal controls and financial procedures, ensuring operational excellence.
• Prepare accurate and timely monthly management accounts and annual financial statements, providing critical insights for decision-making.
• Proactively manage cash flow forecasts, integrating them into the budgeting process for strategic financial planning.
• Oversee supplier management, including invoice review, payment scheduling, and comprehensive reconciliations.
• Ensure rigorous financial and statutory compliance for the Fund Manager and affiliated entities, including audit coordination and secretarial filings.
• Collaborate with external auditors, facilitating the annual audit process and other agreed-upon procedures.
• Review VAT returns and assist with other tax compliance, including corporation tax filings, in conjunction with external advisors.
• Maintain meticulous documentation of transactions and taxes, ensuring accuracy and compliance.
• Work alongside the external compliance officer to ensure adherence to FSCA regulations.
• Contribute to the preparation of board and board committee packs, providing essential financial information.
• Provide ad-hoc financial analysis and support for special projects, including financial modeling, forecasting, and budgeting.
• Identify and implement opportunities to enhance efficiency and accuracy in financial reporting, driving continuous improvement.
• Ensure compliance with LPA and other applicable regulations for external reporting.
• Maintain comprehensive financial source documents for submission to the fund administrator.
• Coordinate and ensure accurate and timely execution of ongoing fund accounting functions, including bookkeeping, quarterly reporting, payments, and distributions.
• Review monthly fund financial statements and quarterly investor reporting packages prepared externally.
• Prepare supporting schedules for the annual audit process and manage auditor requests efficiently.
• Prepare and process capital calls and distributions for investors, ensuring accuracy and timeliness.
• Coordinate the timely and accurate issuance of capital calls and quarterly reports.
• Monitor cash flows and ensure efficient management of cash across funds, maintaining liquidity and meeting operational and investment commitments.

Requirements:

• Professional Accountant qualification.
• Minimum of 5-8 years of relevant experience in Private Equity, investment firms, or alternative asset management.
• Experience with financial modeling.
• Strong stakeholder management skills across all levels.

---