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Head of Fund Accounting - Venture Capital - London

Job Title: Head of Fund Accounting - Venture Capital - London
Contract Type: Permanent
Location: London
Industry:
Salary: £110,000 - £130,000
Start Date: ASAP
Reference: TB322
Contact Name: Tom Baker
Contact Email: tom.baker@twentyrecruitment.com
Job Published: July 15, 2021 18:14

Job Description

Twenty Group are partnered with a global venture capital business for a newly created search for a Head of Fund Accounting. Due to continued growth and a global re-structure they are looking for an experienced leader to run a global team of 10 people.  

Responsibilities:

  • Management and oversight of the Fund Accounting team.
  • To be the key contact for reporting under US GAAP, local GAAP and internal accounting policies for the investment portfolios. 
  • Enhance existing processes and controls to ensure efficiency and scalability.
  • Working with the investment teams to ensure transactions are understood and appropriately recorded.
  • Reviewing investment valuations under US GAAP and internal valuation policies.
  • Review accounting implications of carry and co-investment structures
  • Review of Limited Partnership Agreements to understand accounting and reporting implications.
  • Review of complex carried interest calculations.
  • Review of distribution and call notices and associated calculations.
  • Review of quarterly investor reporting and audited fund financial statements.

Requirements:

  • Qualified Accountant with at least 7 years PQE experience
  • Prior leadership experience within a fund finance capacity
  • Venture Capital or Private Equity experience is essential
  • Strong change management experience and enhancement of processes
  • Strong knowledge of financial accounting and controls

If you are interested in discussing this opportunity further, please reach out to Tom Baker at Twenty Group