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Fund Accountant

  • Location

    London

  • Sector:

    Financial Services

  • Job type:

    Permanent

  • Salary:

    Competitive

  • Published:

    10 days ago

  • Expiry date:

    28-08-2020

  • Client:

    Gemcorp Capital

Gemcorp was established in 2013 and currently has approx. 120+ partners/employees, primarily in London but with further representative offices in Moscow and Angola. Gemcorp has US$1bn+ in committed capital and continues to grow. Gemcorp was authorised by the FCA on 21 April 2015.

Gemcorp focuses on investing in Emerging Markets with a special interest in Sub-Saharan Africa, Latin America, Eastern Europe and the Middle-East. Gemcorp has macro and credit strategies with an emphasis on private debt rather than public bond transactions. 

Gemcorp is looking for a qualified accountant (ACA/CIMA) with up to 5 years PQE. The successful candidate will report to Gemcorp’s Head of Fund & Corporate Accounting.

The role will include:

  • Production of monthly NAV estimates for 5 Funds
  • Preparation of annual expense budgets including responsibility for monthly accruals and payment reconcilaitions
  • Recalculation of management fee and performance fee calculatons
  • Work with the outsourced Administrator in finalising the monthly fund NAVs, and reconciling to in house estimates
  • Assist with the development of the shadow NAV functionality in Orchestrade (Portfolio Management System)
  • Liaising with external auditors and the Administrator for the preparation and sign off of audited financial statements
  • Coordination of quarterly reporting packs to the Fund Boards
  • Development and documentation of operational processes and controls
  • Critical review of new deal structures to assess the accounting and reporting implications
  • Review of relevant valuation models, and assisting in the governance of the valuation process.  
  • Process Improvements including assisting the whole Middle Office team
  • Preparation and filing of various regulatory and investor realted filings (Annexe IV OPERA)
  • Provide support to investor relations for investor queries

Skills / Experience:

  • ACA/CIMA background
  • Technical accounting for financial instruments
  • Valuation experience a +
  • Product Control across multiple asset classes a +
  • Experience of management reporting and presentations
  • Motivated and enthusiastic and keen to work in a structured start up environment
  • Attention to detail
  • Strong communications skills and ability to present quantitative information to senior management and investors
  • Strong MS office skills including intermediary to advanced Excel.

Competitive package offered private medical and pension contribution and discretionary bonus depending years of experience and performance the Firm.