Permanent | Central London | Hybrid

Overview

An alternative investment manager is seeking a Fund Accountant to support the establishment and ongoing management of a new cross-border GP/LP fund structure operating within the ADGM. The role focuses on building fund accounting processes, coordinating multi-jurisdictional structures and ensuring accurate, compliant reporting for investors and regulators.

Key Responsibilities

Fund Setup & Structuring

• Support the creation and implementation of the GP/LP fund structure across ADGM and relevant offshore jurisdictions (e.g., Cayman, Luxembourg, Channel Islands).

• Establish accounting policies, chart of accounts, reporting templates and NAV methodologies for a new fund launch.

• Coordinate with legal, tax and corporate service providers on entity formation, banking setup and cross-border cash flow design.

• Assist with ADGM-specific regulatory requirements, filings and compliance needs.

• Liaise with external administrators on service scope, reporting cycles and data requirements.

Financial Reporting & NAV Oversight

• Prepare and review quarterly NAV calculations, capital account statements and investor reporting packs.

• Ensure accurate booking of investments, disposals, valuations and portfolio transactions.

• Manage multi-currency ledgers, capital activity, waterfall models and carried interest calculations.

• Maintain financial records for GP, LP and feeder entities.

• Support audits, working closely with external auditors.

Operational & Cross-Border Support

• Monitor capital calls, distributions, fee calculations and expense allocations.

• Oversee cash management, treasury and reconciliations across multiple jurisdictions.

• Work with ADGM-based service providers on regulatory reporting requirements.

• Contribute to the implementation or enhancement of fund accounting systems and processes.

Experience Required

• Background in fund accounting within private equity, venture capital, private credit or alternative asset management.

• Experience with GP/LP structures, multi-entity accounting and fund administration.

• Exposure to cross-border fund structures (desirable: ADGM, DIFC, Cayman, Luxembourg, Channel Islands).

• Understanding of ADGM fund rules and reporting requirements beneficial.

• Strong technical accounting knowledge (UK GAAP / IFRS).

• Experience collaborating with administrators, legal counsel and tax partners.

• Strong Excel skills and familiarity with fund accounting systems.