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DATE ADDED: Fri 17/01/2020

Real Estate Fund Accountant - Global Alternative Investment Manager - £60,000 - £80,000 + Bonus + Benefits

London, UK


JOB TYPE: Permanent, FullTime

SALARY: £60,000 - £80,000 + Bonus + Benefits

Search criteria:

  1. Fully-qualified (ACA/ACCA/CIMA) with 2-5 years of post-qualification experience. The hiring manager is willing to be open in terms of level of PQE experience as he’s more concerned about getting a high-calibre and bright individual who will fit into the team/culture
  2. Must possess a strong understanding of Real Estate (or Private Equity). The hiring manager is ideally wanting to bring on board an individual who they don’t need to explain the mechanics and fundamentals of Real Estate to (i.e. what is a capital call, a distribution, the fundamentals of cash management). Candidates can be currently in a Real Estate or Private Equity fund accounting role or in a Big 4 (or Top 10 practice) dealing with Real Estate, Private Equity, Investment Management clients in practice
  3. Exposure to funds (rather than those who have only worked in a fund administration firm) 
  4. Excellent stakeholder management and communication skills

Primary functions and specific responsibilities: 

Financial Reporting and Management

  • Instruct and oversee fund service providers (administrators, depositaries) to ensure performance is in line with agreed service levels
  • Liaise with a wide range of internal stakeholders and external service providers to ensure the quality and timely flow of financial data
  • Oversee calculation of property performance, AUM, NAV, management fees, performance fees and cost recharges
  • Support preparation of financial statements, investor reports, capital statements, presentations, questionnaires and head office management reports
  • Provide deal support, including financial analysis and execution of deal cashflows
  • Monitor cash and manage cash distribution process
  • Allocate and review costs and expense recharges
  • Manage audit and tax reporting processes
  • Help maintain manager Fund track record
  • Maintain Fund dashboard
  • Review capital call and distribution notices and cash allocation schedules
  • Support on DDQ and presentations for fundraising

Portfolio Management

  • Contribute to the valuation process, calculation of gross to net adjustments and preparation of valuation committee materials
  • Support investment decision process by maintaining fund models, proving scenario/sensitivity analysis, key property and financial metrics and KPI's
  • Support budgeting and forecasting process with calculation of management fees and carried  interest
  • Support risk management processes with qualitative and quantitative fund data


  • Cash management, including oversight of fund reserves and cash requirements
  • Manage fund level debt facilities (drawdowns, repayments, covenants, extensions)
  • Manage FX risk (implement credit lines, scenario analysis, trade instruction and monitoring)

Candidate profile

  • Strong academics, preferably degree from a top tier university and a qualified ACA/ACCA/CIMA
  • 2-5 years PQE, with real estate or private equity experience
  • Strong financial analytical skills
  • Excellent attention to detail
  • Ability to learn quickly and work under pressure/ to tight deadlines/self-review
  • Enthusiastic, hardworking, and a team player, confident in dealing with people
  • Willing to take control and responsibility but also happy to work within a wider team and within agreed processes
  • Strong Excel skills
  • Desirable experience will include hands-on experience with overseeing property-level accounting and supporting the deal team with collecting, interpreting and reporting property-level data