Fund Accountant

Equifind are pleased to be exclusively working alongside a very exciting venture fund based in Newcastle, who are looking to hire a Fund Finance Associate to join the team.

As a bit of background into the business, they focus on technology, consumer and FMCG brands across the UK, Europe and US and have roughly $3bn AUM. They work by investing early stage with the exit strategy of an IPO or a sale to a strategic investor.

They've seen brilliant growth over the past couple of years, and are making waves in the fundraising landscape currently, with a 1st close on a new fund of $250m.

You'll be working in a small, close knit and collaborative team, offering genuine exposure to the venture capital industry and direct interaction with investors and portfolio companies, making it a brilliant role to get stuck into as a first move from audit.

What will you be doing?

Data & Automation:

• Strong proficiency in Excel, with the ability to manage, analyse and present complex data sets.
• Passion for process implementation and continuous improvement.
• Interest in leveraging automation tools to streamline operations.
• Curious and interested in financial and business analysis.

Finance:

• Assisting in FCA reporting and preparing monthly CMAR submissions.
• Supporting the preparation of budgets, cash flow forecasts, monthly management accounts, and internal financial reports.
• Working alongside outsourced accountants to review and prepare financial statements.

Fund Accounting:

• Tracking performance of portfolio companies, and using data to perform biannual fund valuations.
• Working alongside outsourced fund administrators to ensure quarter-end procedures are completed.
• Calculating NAVs, management fees, and performance fees in line with fund structures and performance.

Investor Relations:

• Preparing and distributing investor valuation statements.
• Communicating with investors to provide portfolio updates.
• Managing investor expectations by keeping them informed on fund performance, including comparisons against benchmarks.

What's on offer?

• Base salary £55,000 - £60,000
• Discretionary bonus (based on company and personal performance)
• Employer pension contribution
• Subsidised gym membership
• 28 days holiday excluding bank holidays
• Private medical and dental etc