Fund Accountant

Fund Accountant

London (Hybrid)

£Competitive

6 Month Contract

HSBC are currently searching for a Fund Accountant to join their team within London. The successful applicant will take full responsibility for controlling and managing the financial accounting and reporting across a range of real assets funds and segregated mandates including investments in real estate, infrastructure funds, joint ventures and direct properties.

Responsibilities:

• Ensure that fund pricing and financial reporting including management accounts and financial statements are produced consistently, on time and to a high standard across all entities.
• Manage the annual audit process for relevant funds and entities, working closely with auditors to ensure an efficient and timely audit is conducted
• Manage service providers to ensure an efficient and high-quality level of service is maintained
• Ensure appropriate controls over fund accounting, pricing and reporting are in place and operating effectively. Ensure that all risks are well understood and any errors and breaches are reported and actioned.
• Ensure robust review processes are followed to ensure detailed review of accounts prepared by third party administrators
• Support operational change projects impacting the business, including, but not limited to, changes arising from regulatory developments, internal operational requirements, control improvements and client requirements
• Be proactive in understanding transactions and any matters which have an accounting impact and work with the client’s investment teams to embed standard fund and asset accounting operating models on new deals.
• Ensure there is continual improvement in the relevant underlying processes and work with internal and external stakeholders to implement necessary change
• Ensure fund and entity governance requirements are met
• Maintain close relationship with relevant investment teams and portfolio managers
• Understand fund and entity constitutional arrangements and fund structures.
• Preparation of reports to Committees and Boards of Directors of Funds, entities and Management Companies

Skills / Experience:

• Qualified Accountant
• Significant experience in a similar role
• In depth understanding of current accounting standards (UK GAAP, IFRS and Lux GAAP) accounting for real assets activities and complex transactions common fund structures and tax issues
• Strong verbal/written communication skills
• Organised with a structured approach to working across multiple activities
• Production of accurate and timely management and financial reporting
• Reporting in a deadline orientated environment.
• Managing a variety of funds/entities simultaneously
• Dealing with auditors and managing the audit process
• Managing outsourced service providers
• Dealing with advisers and fund managers
• Managing issue resolution

If you are interested, please do not hesitate to apply! Please note that in the event of a high volume of applications, we will only be able to respond to successful candidates in the first instance.