Pantheon has been at the forefront of private markets investing for more than 40 years, earning a reputation for providing innovative solutions covering the full lifecycle of investments, from primary fund commitments to co-investments and secondary purchases, across private equity, real assets and private credit.
We have partnered with more than 650 clients, including institutional investors of all sizes as well as a growing number of private wealth advisers and investors, with approximately $65bn in discretionary assets under management (as of December 31, 2023).
Leveraging our specialized experience and global team of professionals across Europe, the Americas and Asia, we invest with purpose and lead with expertise to build secure financial futures.
For further details please visit www.pantheon.com
Purpose of Position:
The position will play a key role in supporting the Revenue function with the Finance department. The position would suit a qualified accountant with 3+ years of post-qualified experience, ideally in the private equity, asset management or similar financial services sector. The role will encompass a wide spectrum of responsibilities across the Revenue function which will provide invaluable knowledge on different streams of revenue earned by a PE House including their computation and accounting treatment. The role will primarily centre on management fee computation and billing, Carry computation and billing, monitor fund set-up costs and review fund expense recharges, as well as a focus on financial review and reporting based on US GAAP. The role also includes assisting other team members with monthly and quarterly reporting to AMG.
Key Responsibilities:
- Review of LPA and compartment agreements of potential clients to ensure management fee sections are drafted correctly and the calculations are feasible
- Review fee term sheets for new clients and liaise with Legal and Client services teams for their sign off.
- Key support person for new client fee proposals, providing the investor relations team with data as required.
- Support the fee billing cycle on a periodic basis
- Preparing/reviewing periodic journals in SAGE for bank, revenue, expense and balance sheet transactions.
- Preparing/reviewing the quarterly fees and rebate packs.
- Conduct periodic reconciliation of accounts to ensure their accuracy
- Assist with completion of monthly bank reconciliation
- Assisting with the annual audits regarding revenues for the Group/ Corporate and SOX audits
- Ensure robust and accurate fee modelling for revenue accruals and MI
- Provide support for wider business for fee related queries and support the finance team with any other projects as required
- Ensure compliance with relevant laws, regulations and Pantheon policy (including reporting compliance risks and maintaining appropriate standards of conduct
Knowledge & Experience Required:
- A qualified accountant holding a recognised Charter or Certified accountancy qualification with 3+ years of post-qualified experience
- Experience in private equity, asset management or similar financial services business.
- Sound technical accounting knowledge particularly US GAAP reporting
- Excellent IT skills, Microsoft Office including advanced Excel are essential
- Ability to work under pressure and to tight deadlines.
- Analytical mindset with excellent attention to details.
- Ability to work on their own initiative
- Excellent team player
- Strong written and verbal communication skills.
Formal education and professional/ or technical qualifications required
- Educated to degree level is essential.
- CA/ ACA/ACCA or equivalent is essential.
Expected base salary range: $120,000 - $130,000
Actual base salary is determined by a range of factors including individual experience, skills and qualifications.
In addition to the above salary, Pantheon offers a generous employee benefits package and successful candidates are eligible to receive a discretionary bonus
This job description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. You may be required to perform other job-related duties as reasonably requested by your manager.
Pantheon is an Equal Opportunities employer, we are committed to building a diverse and inclusive workforce so if you're excited about this role but your past experience doesn't perfectly align we'd still encourage you to apply.
Top Skills
What We Do
Pantheon is a leading global private markets firm currently investing on behalf of more than 800 investors, including public and private pension plans, insurance companies, endowments and foundations. Pantheon has an established reputation across private market asset classes, including private equity, infrastructure and real assets, private debt and real estate, and covering all stages and geographies. As of September 30, 2021 Pantheon had $81.2 billion assets under management and advice and the firm currently has around 400 employees, including more than 115 investment professionals, located across its 10 global offices in London, San Francisco, New York, Chicago Hong Kong, Seoul, Bogotá, Tokyo, Dublin and Berlin.
