Senior Fund Accountant

Job Title: Senior Fund Accountant

Reports to: Fund Accounting Managers

We are Guernsey’s venture capital specialists and our Fund Accounts team work closely with our clients to provide a best-in-class service in the highly competitive, fast paced venture capital environment. We pride ourselves on our flexibility and innovation and adapt to handle all aspects of fund accounting. Due to the nature of venture capital, we are exposed to a wide variety of unique and exciting opportunities meaning that no two days are the same.

About this role:

The Senior Fund Accountant acts as a key point of contact for a portfolio of active Venture Capital funds under the direction of a manager. The Senior Fund Accountant will be expected to provide accurate, well-presented client deliverables (including accounts and quarterly/ monthly reporting) within the agreed deadlines in accordance with the policies and procedures of the Fund and HFL as well as supporting the wider fund team.

Key Responsibilities:

• Be a key point of contact for clients, auditors and other third parties.

• Be responsible for a portfolio of venture capital funds, which includes ensuring that deadlines (both internal and external) are met including preparing bank reconciliations, bookkeeping of all transactions, call and distributions workings etc.

• Maintain accurate financial records on Investran and Acumen, ensuring information is up to date.

• Prepare call and distribution calculations and notices.

• Prepare carried interest and other calculations (management fees etc.)

• Prepare investment schedules, management accounts, regulator reports and annual audited accounts in accordance with IFRS/FRS102 within the set timeframe and escalate any issues to managers.

• Attend to investor and client queries and review responses prepared by junior members of the fund accounting team

• Maintain responsibility for all regulatory and statutory filings of the Funds and ensure that all the required documents are prepared for HFL and General Partner Board Meetings

• Liaise and provide information to tax advisors for the preparation of annual tax reporting for investors and to remain accountable for their deliverables. This includes distribution of the annual tax reporting to the investors.

• Review tasks completed by more junior members of the fund accounting team, including external communications

Personal attributes:

• A self-starter with the ability to work independently and accurately under pressure.

• Excellent communication, team-work and interpersonal skills to develop strong working relationships with colleagues, clients and other stakeholders.

• Strong computer literacy and problem-solving skills are essential.

• Practical experience in, or demonstratable knowledge of, the financial services industry.

Qualifications and expertise:

• Hold or a recognised professional qualification such as ACCA, ACA and/or a minimum of 3 years relevant experience in finance

• Ability to understand and interpret fund documentation, GFSC regulations, including the Protection of Investors law and anti-money laundering regulations.