Fund Accounting Manager – Private Markets / Alternatives
A leading global investment services organisation is seeking an experienced Fund Accounting Manager to join its expanding Private Markets / Alternatives team. This is an exciting opportunity to work within a collaborative and forward-thinking environment that places strong emphasis on professional development, innovation and delivering exceptional client service.
This role sits within a high-growth area of the business supporting clients across private equity, real estate, infrastructure, credit and other real asset strategies. The successful candidate will lead a team responsible for delivering fund accounting services while building strong client relationships and ensuring operational excellence.
Importantly, the team is also open to professionals with a strong audit background in closed-ended funds, particularly those who have gained experience auditing private markets structures.
The Role
As Fund Accounting Manager, you will oversee the day‑to‑day operations of a fund accounting team while acting as a senior contact for clients and internal stakeholders. You will be responsible for ensuring accurate and timely NAV production, managing a portfolio of private markets clients and driving improvements across operational processes.
Key responsibilities include:
Acting as the senior contact for clients on fund accounting and operational matters
Managing the production and delivery of accurate and timely NAV calculations
Ensuring excellent client service and prompt resolution of queries
Performing root cause analysis on operational issues and implementing appropriate remediation
Leading and contributing to initiatives aimed at improving processes and operating models
Ensuring adherence to internal procedures, controls and regulatory requirements
Managing team capacity and resource planning
Coaching, mentoring and developing team members
Building strong working relationships with internal teams, third‑party providers and stakeholders
Participating in fund board meetings and presenting administrator reports where required
Reviewing fund documentation ahead of launches and identifying potential operational risks
Providing subject matter expertise to support new business and onboarding initiatives
About You
This role is suited to candidates with strong experience in private markets / alternative funds, either within fund administration or audit.
You may come from fund accounting, audit or a similar financial services background, provided you have significant exposure to closed‑ended investment structures.
Strong audit background in closed‑ended funds, particularly those who have gained experience auditing private markets structures.
Key experience includes:
Extensive experience working with closed‑ended funds, such as private equity, real estate, infrastructure, credit or other real asset strategies
Experience reviewing or working with structures such as SPVs or Section 110 vehicles
Strong understanding of alternative fund structures, regulatory frameworks and global fund domiciles (e.g. Luxembourg, Cayman, Ireland, US)
Experience with fund accounting platforms such as Investran or Geneva is advantageous
Professional qualification such as ACCA, ACA or equivalent is beneficial but not essential
For candidates coming from an audit background
Auditing private equity, real estate or other closed‑ended funds
Testing NAV calculations and financial statements
Reviewing capital calls, distribution allocations and investor capital activity
Exposure to waterfall calculations and carried interest structures
Performing valuation testing and investment verification
Key Skills
Successful candidates will demonstrate:
Strong communication and stakeholder management skills
Excellent organisational and collaboration abilities
A proactive, solution‑oriented approach to problem solving
Strong client service mindset
The ability to manage multiple priorities in a fast‑paced environment
A positive, adaptable and team‑focused attitude
What’s on Offer
The organisation offers a supportive and inclusive environment where employees are encouraged to grow their careers while maintaining a healthy work–life balance. A competitive benefits package includes:
Private healthcare for you and your family
Life assurance and income protection
Educational assistance programmes
Employee share participation opportunities
Generous annual and family leave entitlements
Hybrid working and flexible working arrangements
Apply today or reach out for a confidential discussion to learn more about this opportunity.
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