Associate, Fund Accounting (Private Equity)

Reporting to a Director of Fund Finance, the individual will have day to day involvement in the financial control / reporting / cash management of several of Permira’s Private Equity Funds across Buyout and Growth, as well as an involvement in transaction operational support.

We are looking for someone with a strong work ethic, who can work as part of a close team, but also be a self-starter. The successful candidate should be professional, demonstrate good communication and inter-personal skills, with a willingness to learn and further develop their career within the finance function of a leading global Private Equity Firm.

Key Responsibilities:

Fund Control & Reporting

• Member of the team with involvement in the financial control of certain Funds (including their respective co-investment schemes)
• Liaising with the fund administrator’s accounting & admin team to ensure all quarter-end and year-end fund accounting outputs have been accurately prepared in accordance with the LPA requirements
• Cash management for the Funds mentioned
• Tracking and analysing fund and deal cash flows and producing key statistics
• Maintenance of fund models in Anaplan and carry waterfall calculations
• Oversight of facility drawdowns, capital calls and distributions to investors
• Assisting the internal tax team with annual tax compliance data and ad hoc requests
• Managing compliance and regulatory reporting across the PE Funds

Other

• Assisting the Capital Formation team with fund finance related cyclical and ad-hoc queries
• Assisting with Fund forecasting & modelling, and production of Fund management information

Essential Skills and Characteristics

• Qualified accountant (experience of the private equity industry, either through audit, Fund administration or in-house is beneficial but not essential)
• Fluent and able to work in English
• Intermediate Excel user is essential (and experience in other applications would be beneficial )
• Excellent organisational skills. The role requires the individual to be able to manage multiple tasks simultaneously across a variety of products and work streams
• Highly personable, with the ability to influence and create relationships at all levels
• Excellent teamworking skills as the role will involve extensive interaction with both organisational and investment professionals across the globe
• Strong analytical skills / highly numerate
• Attention to detail and the ability to explain and interpret data
• An interest in the dynamics of private equity and asset management, complemented by a broad understanding of capital markets and investment concepts
• Comfortable working within an international environment which will include cross office collaboration