£50000 - £55000 per annum
18 days ago
Field: Venture Capital Trust, however those from a broader Fund Accounting background will be considered.
Pay: £50,000 - £55,000 (pro-rated)
Contract: 6-month fixed term contract
Location: Central London
Experience required: Newly qualified Accountant (0-1 year PQE), with experience in the Financial Services field (Venture capital Trust (VCT) or Investment Trust experience is desirable but not essential!).
The Company and Role
A leading, global investment management firm is now seeking a Fund Accountant to join their Venture Capital team.
The successful VCT Fund Accountant will take full ownership of all aspects of finance support for assigned VCT funds. The VCT Fund Accountant will have thorough knowledge of the funds assigned to them and take full ownership of financial operations and reporting, becoming a key point of contact for stakeholders including investment teams, company secretariat, and the VCT boards.
*To maintain a thorough understanding of assigned VCT funds and a strong working knowledge of their portfolios.
*To fully understand all legislation relevant to the VCT funds and apply this consistently in all aspects of their work.
*To maintain accurate books and records for the funds at all times (financial records fully updated and reconciled monthly) consistent with group processes and controls.
*To analytically consider financial results on a monthly basis and assess whether results indicate any potential issues in the portfolio, and flag these as required with the VCT Finance Manager.
*To regularly update Reg. 22 monitoring reports to ensure assigned funds are continually in compliance, to ensure that these reports are reviewed internally at least monthly and subject to external review twice a year.
*To complete all statutory and regulatory reporting for the funds, including annual and interim accounts filings and HMRC reporting, in a timely manner allowing time for reports to undergo an appropriate level of review.
*To prepare quarterly finance reports for the Board pack and present the information as required in Board meetings, taking account of comments from Board members and other stakeholders to continually update and improve content of the reports.
*To produce the budget and cash flow forecast of assigned VCT funds on a timely basis to ensure sufficient cash is available for the ongoing requirements of the funds, including but not limited to, buybacks, dividends and investments.
*To undertake other ad hoc tasks as directed by the Finance Manager, Financial Controller or Finance Director.
What is required to apply?
*ACA, ACCA or CIMA qualified
*0-1 year PQE
*Fund Accounting experience, ideally from a Venture Capital Trusts (VCT), Investment Trusts or Investment Management background (however Fund Accounting experience from a broader Financial Services background will be considered e.g. Private Equity, Banking etc.)
*Good interpersonal skills, with the ability to establish working relationships quickly
What happens next?
Click APPLY NOW to begin your application.
If you are suitable, you will receive a call from a Longbridge representative for a verbal briefing.
Longbridge is part of Staffing 360 Solutions (UK) Ltd. Services offered are those of an employment agency for permanent recruitment or employment business for temporary recruitment. Thank you for your application, due to the large number of applicants we receive from internet advertisements, only candidates with the relevant skills will be contacted.