Management Accountant Private Equity

Full Job Description

Management Accountant - Leading Private Equity Firm, London

My client is a market leading international Private Equity firm with more than $35 billion in assets under management and offices in Europe and the US.

Based at the firm's Head Office in central London, the successful applicant will be an integral part of the Finance Team (30+ people) which consists of the corporate accounting team, the fund accounting team, the portfolio accounting team and treasury. This is a broad and varied role within the corporate accounting team, with responsibility for a range of internal management and external financial reporting functions and in the day-to-day operations of the business.

Responsibilities

• Preparation of the quarterly management accounts and assisting with the finance report, including presentation of financial information, commentary on budgetary variances and other non-financial data
• Preparation of month-end working files and balance sheet reconciliations, including purchases, sales and nominal ledgers
• Preparation of departmental expense reporting and commentary on variances against budget
• Business partnering with budget holders; building relationships with business heads to better understand the needs and cost drivers of their departments to assist with budgeting and forecasting full-year cost outcomes
• Assisting with annual budgeting and quarterly reforecast processes
• Review of quarterly management fee workings from the Funds team and preparation of invoices
• Preparation of quarterly regulatory reporting requirements and FCA reporting, quarterly VAT return submissions and National Statistics returns
• Monthly Abort fee reporting and quarterly cash reconciliation
• Assisting with preparation of annual audit files for statutory auditors, and preparation of statutory accounts for entities within the House structure
• Maintenance of records and quarterly reconciliations of firm's co-investments in the funds
• Supervision of fortnightly UK and Offshore payment runs (prepared by the Admin team) with focus on input of purchase invoices, accuracy of general ledger postings, VAT treatment and payment detail
• Supporting House finance admin team
• Proactively seek out process improvements and efficiencies and help drive changes
• Ad-hoc project work on various areas of House finance

Candidate profile

• ACA/ACCA/CIMA qualified likely to be someone working at a mid-tier accountancy practice
• Accounts preparation experience is essential for this role
• Exposure to financial services clients is highly desirable
• Strong knowledge of Excel
• High level of numeracy
• Ability to interpret written information