Job Description
Description
Prepare and assist in the preparation and initial review of the financial statements of entities administered by the Private Equity department in a timely, efficient and accurate manner adhering to the highest standards. More senior levels may also be expected to supervise and train junior staff.
Qualifications:
ACCA / ACA / CPA / CIMA / Other equivalent
Knowledge / Skills:
- Knowledge of regulatory issues, book-keeping
- Technical accounting knowledge (US / UK GAAP and IFRS)
- Ideally, knowledge of Guernsey Company Law
Skills:
- Intermediate Excel skills (including Excel - Macro skills)
- Time Management & Organisational
- Working to Deadlines
- Accurate with attention to details
- Effective Communication skills (Verbal & Written)
Major Duties:
Timetables:-
- Prepare and circulate accounts and tax timetables
- Support in planning activity of team Liaising with fund administrators
- Preparation and review of management fee calculations
- Advise on potential accounting issues & best practises
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
- Issuing tax forms to investors prepared by client tax advisers
- Able to prepare and issue ad-hoc reports to client
Proforma Accounts:-
- Design 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
- Liaises with client and investors regarding receipt/payment of monies
- Liaises with financial institutions receiving or making payment of funds
- Reviews and maintains records
Company Secretarial Knowledge:-
- Understands Company Secretarial Procedures
- Understands how to prepare and review Company Minutes
- Understands how to prepare and review Company Agenda
Transfer of Shares or Limited Partnership Interests:-
- Understands the process applicable to the entity
- Understands anti-money laundering regulations and how to maintain records
Compliance and Regulation:-
- Has an understanding of the main Guernsey legislation as it effects entities under administration i.e. Guernsey Company Law, POI and FNCC legislation.
Experience:
- Experience in preparing accounts
- Experience in Funds/Private Equity
- Previous supervisory experience
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Job Details
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Job Location
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Riyadh Saudi Arabia
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Company Industry
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Other Business Support Services
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Company Type
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Unspecified
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Employment Type
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Unspecified
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Monthly Salary Range
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Unspecified
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Number of Vacancies
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Unspecified