Senior Fund Accountant
About the role:
As a Senior Associate in Accounting, you play a vital role in a high-performing unit dedicated to driving the growth and success of fundcraft. You demonstrate self-motivation and a proactive approach while acting as the key deputy to the Fund Accounting Manager with the daily administration of Accounting and Financial Reporting deliverables. You actively escalate issues, providing solutions to ensure all tasks are delivered on time and in line with service level agreements.
In this dynamic role, you collaborate with internal and external stakeholders to meet client needs and support members in executing daily operational activities. You adhere to established procedures and best practices while championing the business objectives and pursuing the achievement of fundcraft’s KPIs. Your ability to manage complex deliverables, coupled with excellent communication skills, positions you as a key contributor to the Accounting and Financial Reporting Unit in the Operations department.
This position is based in Girona and reports to our Fund Accounting Manager.
Key Responsibilities:
- Bookkeeping and Reconciliation:
- Oversee and manage bookkeeping functions providing the team with senior-level guidance and ensuring all processes align with best practices.
- Perform bookkeeping for complex structures if required.
- Support reconciliation processes to ensure daily completion and proactively direct the resolution of discrepancies.
- Review and validate reconciliations of cash and investment accounts performed by L1 staff.
- Manage accruals, deferrals, intercompany transactions, and other specific bookkeeping activities.
- Invoices and Fee Management:
- Receive and process management fee computations from clients, ensuring accurate bookkeeping and handling specific requirements.
- Review invoices for accuracy, ensuring compliance with Limited Partnership Agreements (LPA) and validating them against contractual terms before payment.
- Financial Reporting and Statements:
- Review NAV packages, Capital Account Statements (CAS), and Quarterly Reports generated from the platform, and take ownership of resolving any inconsistencies with a problem-solving mindset.
- Prepare and review audited and unaudited financial statements for client entities, ensuring compliance with Lux GAAP or IFRS.
- Conduct quality assurance checks on reconciliations and reports to ensure accuracy and compliance.
- Coordinate external audits, provide necessary documentation, and implement recommendations.
- File annual accounts in eCDF and publish them on the RCS for applicable entities.
- Compliance and Process Improvement:
- Act as a subject matter expert on regulatory requirements, reporting standards, and Limited Partnership Agreements (LPA), guiding the team in their interpretation and application.
- Monitor compliance with investment agreements, borrowing restrictions, and fund structures.
- Lead initiatives for process improvements to enhance efficiency in accounting operations.
- Supervision and Training:
- Supervise and mentor junior staff (L1), providing guidance on accounting principles and platform features.
- Conduct training sessions on the catalogue of booking entries and system functionalities to improve team performance.
- Audit Support and Issue Resolution:
- Assist with audits by providing required documentation and facilitating smooth processes with auditors.
- Investigate and resolve discrepancies identified during reconciliations or audits.
- Review and validate payment instructions within the platform to ensure compliance with the standard catalogue and proper documentation for audit purposes.
Requirements
- Bachelor’s or Master’s degree in Accounting, Finance, Economics, or a related field.
- 2-5 years of experience in accounting.
- Excellent communication skills, both written and verbal, with fluency in English (French, German, or another European language is a plus).
- Experience in managing client relationships, including auditors, depositaries, and regulatory authorities is a plus.
- Professional accounting qualification (e.g., ACCA, CPA, CFA, or equivalent) will be welcomed.
Benefits
- Join a culture that celebrates creativity and welcomes innovative, disruptive ideas, empowering you to make a real impact.
- Immerse yourself in a fast-paced, diverse workplace where you'll have the chance to collaborate and learn from specialists across various fields, fostering personal and professional growth.
- Embrace automation and seamless tech integration in your workflows⚙, while our platform boosts operations through tech leverage, ensuring you stay ahead of the curve and updated with new technologies.
- Work in a comfortable, ergonomic environment within our spacious, modern offices where you can enjoy daily fresh fruit and coffee!
- Monthly afterworks organised by the company to unwind and strengthen team connections.