Fund Accounting Analyst
HybridBirmingham, England, United Kingdom
Job Summary
Prepare quarterly management accounts for Private Equity funds, handling NAV calculations, management fees, and waterfall computations including carry and late closing interest. Maintain accounting records through journal entries and general ledger updates while supporting annual fund audits and liaising with external auditors. Draft annual financial statements under UK/US GAAP, collaborate with the tax team for accruals, and assist in regulatory returns. Support cash management functions including bank reconciliations and liquidity monitoring. This graduate role offers hands-on exposure to complex fund structures and eFront Invest systems within BlackRock's Fund Services team, featuring a hybrid model of four office days per week.
Required Qualifications
- Minimum 1 year of experience in Private Equity Fund Accounting
- University degree in accounting and/or finance
- Hands-on exposure to NAV calculations, management fees, and waterfall computations
- Conceptual understanding of the complexities of preparing the financials from a trial balance manually
- Working knowledge of UK or US GAAP
- Proficiency in MS Excel and other Microsoft tools
Desired Qualifications
- Prior Accounting experience
- Desire to study CA, CPA, CFA, CAIA, ACCA, or other accounting/finance certification(s)
- Familiarity with IFRS or other GAAPs
- Experience with accounting systems or reporting tools
- FIA knowledge
- Detail-oriented
- Eager to learn
- Able to work in a fast-paced environment
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