Part Qualified Accountant
- Recruiter
- Northern Trust
- Location
- Guernsey, St Peter Port, St. Peter Port
- Salary
- Unspecified
- Posted
- 09 May 2019
- Closes
- 23 May 2019
- Ref
- 74615
- Approved employers
- Approved employer
- Job role
- Accountant
- Contract type
- Permanent
- Hours
- Full time
Associate Accountant, Private Equity
Private Equity
Role:
Prepare and assist in the preparation of the financial statements on investor-level reporting of entities administered by the Private Equity department in a timely, efficient and accurate manner adhering to the highest standards.
Principal Responsibilities:
Timetables:
- Prepare and circulate accounts timetables
- Support in planning activity of team Liaising with fund administrators
- Preparation and review of management fee calculations
Client Reporting:
- Critical background knowledge of entities worked on
- Effective communication with client, investors and other associated parties (based worldwide)
- Dealing with investor queries in an efficient and timely manner
- Able to prepare and issue ad-hoc reports to clients
Proforma Accounts:
- Prepare proforma accounts, ensuring they are in accordance with appropriate regulations/standards
- Agree proforma with clients/auditors
- Maintain capital accounts for limited partnerships
Preparation of Accounts:
- Liaising with other departments.
- Maintenance of client relationships
- Liaising re closing down of accounting periods
- Checking & maintaining ledger integrity
- Preparing standard accounts file
- Completion of appropriate checklists
- Liaising with auditors
- Preparing accounts for manager review/clearing points
- Sending accounts for inclusion in board packs
- Provision of information for US and UK tax returns
Bookkeeping / Cash Management
- Good understanding of bookkeeping including more complex transactions
- Understands cash management procedures for specific entities
- Able to check bank account reconciliations on a monthly basis
- Able to check cash reports on a monthly basis
Calls/Distributions
- Understands the call/distribution process
- Able to calculate the call/distribution amounts for recommendation by client
- Reviews and maintains records
Knowledge:
- Knowledge of regulatory issues, book-keeping
- Technical accounting knowledge (UK GAAP and IFRS)
- Knowledge of: Guernsey Company Law
Experience:
- Good understanding of Bookkeeping
- Experience in preparing accounts
- Experience in Funds/Private Equity (not essential)
Skills:
- Intermediate Excel skills
- Excel - Macro skills (not essential)
- Time Management & Organisational
- Effective Communication skills (Verbal & Written)
- Good command of the English language
Professional Qualifications:
Accounting Technician or First Stage/Part- Qualified ACA/ACCA or equivalent.
Core Competencies:
Client Focussed - Excellence in Execution - Effective Communication – Personal Courage – NT Savvy – Innovative - Diversity, Inclusion & Respect
About Northern Trust
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
As of December 31, 2018, Northern Trust Corporation had:
- $10.1 trillion in assets under custody/administration
- $7.6 trillion in assets under custody
- $1.1 trillion in assets under management
- $132 billion in banking assets
For further information, and to apply, please visit our website via the “Apply” button below.