Saint Helier, St Helier, Jersey

Senior Fund Accountant

 Job Description:

Senior Fund Accountant

Location: Jersey

This is a great opportunity for a driven and talented individual to make a real difference as part of a dedicated and professional team. The Senior Fund Accountant will be part of a team providing accounting and financial reporting services for established and new real estate and private equity funds.

The candidate will service the needs of a portfolio of private equity, real estate clients and associated SPVs, and will liaise with the CFO and finance team of the funds, third parties (including auditors) and any other external advisors necessary to ensure all issues are resolved and deadlines are met.

The candidate will be working in a team of accountants and part qualified accountants servicing a varied portfolio of real estate and private equity funds and SPVs.

In addition, the candidate will also be involved in the take-on and setting-up of new clients coming into the team.

There will be a number of interesting and varied ad hoc projects.

This is a position best suited to a commercial yet technically minded person who is motivated by the challenge of providing technical and operational solutions to our clients.

Key Responsibilities

Lead on the client relationships for the allocated portfolio, maintaining regular contact and attending in-person meetings;

Plan all deadlines and work allocations for the clients;

Review of monthly/quarterly NAVs;

Review of consolidated reporting and financial statements;

Oversee bookkeeping and reporting from junior members of the team;

Implementing policies, procedures and checklists where necessary;

Compile and analyse financial information underlying the financial statements, including the treatment of business transactions;

Oversee preparation of financial reporting both at asset and fund level, including supporting files and review of work produced by team;

Assist junior team members with complex consolidations and technical issues;

Bank debt covenant reporting;

VAT reporting;

Lead year end audits;

Prepare statutory financial statements in accordance with IFRS or UK GAAP;

Organise take-on and set-up of new clients;

Work effectively with the senior members of the Accounting team to ensure smooth transition of new work into the business;

Ensuring all regulatory and statutory reporting deadlines and filings are achieved;

To provide support and guidance to more junior team members;

To support the recruitment process;

Drafting of procedures and other internal documents.

Skills, Knowledge and Expertise

The candidate will be ACA or ACCA (or equivalent) qualified / have at least 5 years proven experience at FA level in a relevant role (if not qualified)

Skills and Experience/ Technical Knowledge

Strong technical accounting skills, ideally gained within private equity/real estate funds or an asset management environment;

A comprehensive understanding of UK GAAP and IFRS and other relevant accounting standards, and related preparation of statutory financial statements and auditor liaison;

Ability to write reports, business correspondence, procedures manuals and performance measurement reports at asset and fund level;

Strong excel knowledge;

Ability to solve practical problems and deal with a variety of situations for which there may be little precedence;

Excellent interpersonal and communication skills;

Ability to effectively present information and respond to questions from peers, senior management and especially clients

Confident and proactive approach and professional attitude to work;

Highly organised with good time management and planning skills;

Ability to lead, coach and carry out on-the-job training with team members

A deep understanding of the agreements associated with private equity and real estate structures and interpretation of terms within including LPA, debt documentation, sale and purchase agreements, leases etc.;

Knowledge of Sun Systems and/or Yardi is an advantage but not essential.

****Please note you must have 5 years residence in Jersey to be considered for this role. ****