Assistant Fund Accountant

  • Location:

    London, England

  • Sector:

    Private Equity/Venture Capital

  • Job type:


  • Salary:

    £30000 - £35000 per annum + Discretionary bonus of 10% -15%

  • Contact:

    Kane Pelgrom

  • Job ref:


  • Published:

    8 months ago

  • Expiry date:


  • Start date:



Your responsibilities will be set out by the respective fund accountant, who will assign and manage your daily responsibilities. The role reports into the Senior Fund Accountant. You will be responsible for ensuring cash payments and receipts are processed in a timely and accurate manner, assist with ensuring general internal and external queries are addressed and filed, and assist with general accounting tasks of the funds and the managing business.

The successful candidate MUST have 1-2 years post degree experience in a Private Equity Finance or similar.

If you have the relevant experience required and wish to fast tract your application, please forward your CV and covering letter to

Key tasks and responsibilities

  • Production of weekly and monthly Bank Reconciliations
  • Preparation/update of cash forecasts based on fees, expenses, investment and investor drawdowns and distributions
  • Production of monthly custody reconciliations
  • Managing and making payments across the funds
  • Book keeping for Fund and Direct entities
  • Collation of quarterly valuations
  • Maintenance of the Finance group email and responding to queries
  • Preparation of investor drawdowns and distributions
  • Assistance with regulatory reporting
  • Assistance with tax reporting
  • Assistance with preparing information required for audit
  • Various ad-hoc tasks


  • Ensure adequate cash is available across the funds to meet investment needs
  • Ensure payments are made in accordance with procedures to meet the drawdowns of investments
  • Ensure the ledger is kept up to date weekly
  • Ensure queries are appropriately responded to and escalated where necessary, and
  • Collect and chase valuation and taxation information to meet specific operational needs for over 300 investments


Experience required

  • 1-2 years post degree experience in a Private Equity Finance role or similar
  • Educated to degree level (or equivalent experience)
  • Previous accounting/bookkeeping experience
  • Previous Cash Management (forecasting, and production of reconciliations) experience
  • Understanding of need for financial control environment
  • Experience of dealing with high volumes of work
  • Experience on accounting software, Investran preferable
  • Experience at multi-tasking
  • Enhanced organisational skills

Candidate profile, skills and knowledge

A confident and committed individual, with keen attention to detail and a disciplined and organised approach to work. You will need to ensure a large number and variety of tasks and responsibilities are completed within tight timescales, therefore, the ability to manage multiple priorities effectively is key. Accuracy is vital in this role as well as being a quick learner.

A willingness to learn and develop within an accounting environment and to study towards professional accounting qualification is required. The ideal candidate should also have an interest in the financial services industry, specifically private equity. This is a great opportunity for the right candidate to gain great exposure to private equity whilst being given the opportunity to gain a professional qualification and develop over the training programme.


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