Assistant Manager, Fund Accounting

Job Description

The position of Assistant Manager, Fund Accounting is part of the Fund Accounting team, which is responsible for managing a portfolio of closed-end private equity funds and related structures, as well as for preparing timely and accurate financial and investor reports. The role supports the Manager in overseeing the team’s financial reporting, reviewing the work of junior staff, and maintaining high-quality accounting records in accordance with relevant standards and regulations. The Assistant Manager, Fund Accounting works closely with clients and key stakeholders to ensure excellent client service and a consistent delivery of EFG’s fund administration services.

Main tasks

• Managing a portfolio of closed-end private equity funds and related structures, assuming responsibility for specific funds and affiliated entities as well as the services provided.
• Prepare and maintain accounting 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.
• Retrieve transaction information from internal and external contacts, extract the necessary accounting data, and ensure that all transactions are accurately recorded in Profit Invest and the relevant accounting records.
• Ensuring that all accounting records and files (both physical and digital) are up-to-date, accurate, and of high quality.
• Collaborate 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, custodian banks, legal counsel, regulatory authorities, and internal/external auditors to ensure that fund administration is consistent with the fund’s objectives and EFG’s contractual, regulatory, and legal obligations.
• Assistance with onboarding new clients, including setting up customized procedures and completing documentation.
• Ensure effective time tracking, invoicing, and accounts payable processing, as well as the weekly entry of hours into time-tracking systems, in order 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, escalating any deviations 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 auditing for private equity and venture capital funds, including IFRS reporting.
• Proficiency in Microsoft Office, particularly Outlook, Excel, and Word.
• Knowledge of Front Invest or a similar fund system is a plus.
• Proven ability to manage workloads and people