Senior Associate, Fund Accounting, Private Markets Private Debt

The Senior Associate will support the day-to-day administration and financial reporting service requirements for our Private Equity and Private Debt clients. The role will include the below key tasks.

You Will:
 
Review financial data received from Private Equity / Private Debt clients and load to our internal accounting systems.
Assist with setting up preparing and reviewing consolidations through the investment structure using various consolidation rules.
Process payment of fund expenses in applicable banking system.
Book journal entries related to cash payments and accruals.
Prepare third party reconciliations of investments and cash.
Prepare capital call and distribution calculations and notices.
Prepare fee schedules including calculation of management fees and carried interest ensuring all calculations observe applicable fund documents.
Prepare investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly.
Prepare NAV packages and other ad hoc deliverables as defined in the service level agreements.
Collaborate with client banks auditors and other third parties to ensure smooth delivery to clients and completion of deliverables.

This is a new position

Qualifications :

• Post-secondary education/University Degree with a concentration in finance or accounting.
• Some years experience working in the fund administration industry with experience managing Staff. This can include other administrators investment managers or fund auditors
• Must be proficient with Microsoft Excel
• In-depth understanding of fund administration industry. This includes multiple fund structures fee calculations financial instruments and fund offering documentation review.
• Existing experience with fund accounting software Geneva Investran or Yardi would be an asset
• Have a working knowledge of Bloomberg would be beneficial but not necessary

Additional Information :

At MUFG Investor Services we are exceptionally proud of our approach to Hybrid Working. It enables the flexibility to thrive from wherever our employees work and stay connected to their team and our culture. When we make Hybrid Working plans we get to know the individual and pride ourselves in underpinning all our decisions with fairness and consistency.

MUFG Investor Services provides all of its employees with an extremely attractive compensation addition to base salary there is a group medical insurance scheme group pension scheme reimbursement of professional subscriptions paid holidays and assistance towards gym memberships.

We thank all candidates for applying; however only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.

At MUFG Investor Services we use Artificial Intelligence (AI) tools to help identify skills and experience that align with role requirements.  All AI recommendations are reviewed by our recruitment team before any decisions are made.

MUFG is an equal opportunity employer.

Remote Work :

No

Employment Type :

Full-time