Assistant Manager, Fund Accounting

Job Description

The position of Assistant Manager, Fund Accounting is part of the Fund Accounting team and is responsible for managing a portfolio of closed-end private equity funds and related structures, as well as for ensuring timely and accurate financial and investor reporting.

Main tasks

• Managing a portfolio of closed-end private equity funds and related structures, with responsibility for specific funds and related entities, as well as the services provided.
• Preparation and maintenance of financial records in accordance with governing documents, laws, regulations, accounting standards, and market best practices (e.g., IFRS/UK GAAP), including annual and quarterly financial reports, investor capital accounts, reconciliations, performance fee calculations, and other required financial information.
• Receive transaction information from internal and external contacts, extract the necessary billing data, and ensure that all transactions are accurately recorded in Front Invest and the relevant accounting ledgers.
• Ensuring that all accounting records and files (both physical and digital) are up to date, accurate, and of high quality.
• Communicate with administrators on the team to ensure that each client’s accounting and financial reporting requirements are met and that clients receive a consistent, professional service.
• Communicate with clients, investors, investment advisors/managers, custodians, legal counsel, regulatory authorities, and internal/external auditors to ensure that fund management complies with the fund’s objectives and EFG’s contractual, regulatory, and legal obligations.
• Assistance with onboarding new clients, including setting up customized procedures and maintaining records.
• Ensure effective time tracking, billing, and accounts payable processing, as well as the weekly entry of time on timesheets, to achieve the department's goals and financial objectives.
• Ensure that all activities are conducted in accordance with local regulatory requirements and Group and local policies and procedures, with any deviations escalated to the team leader.

Requirements

• 5 years of experience in a similar role.
• A relevant academic degree or enrollment in such a program (e.g., ACCA, ACA).
• Strong practical understanding of accounting and financial reporting for private equity and venture capital funds, including IFRS reporting.
• Proficiency with Microsoft Office, particularly Outlook, Excel, and Word.
• Practical experience with Front Invest or a similar fund system is an advantage.
• Proven ability to effectively manage workloads and people while meeting multiple deadlines.
• Ability to work accurately under pressure and to communicate clearly and effectively, both in writing and orally.

Our values

• Responsibility: Taking responsibility for tasks and challenges and striving for continuous improvement.
• Practical: Proactive Service Delivery