Assistant Manager, Fund Accounting - Open-Ended Funds

Company Description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.  We employ a global workforce of 6,500+ people across 24 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms. 

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts.

Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. 

We’re driven by our Group purpose, to power people and possibilities.

Job Description

Our Fund Administration team is growing! We are hiring an Assistant Manager to hold responsibility for overseeing a portfolio of complex and high‑profile fund structures, ensuring high‑quality service delivery, regulatory compliance, and timely reporting.

In this role you will utilise your technical expertise, team leadership, and client ownership experience to act as a key escalation point for both clients and internal teams, whilst supporting your Manager in driving operational excellence, risk management, and process improvement.

What you'll do

• Act as the primary point of contact for a portfolio of sophisticated clients (Private Equity, Private Debt, Evergreen structures, Hybrid structures, Open-ended structures)
• Assume end‑to‑end responsibility for service delivery, ensuring compliance with SLAs, fund documentation, and regulatory requirements
• Lead or actively support client onboardings, restructurings, migrations, and system set‑ups.
• Validate fund structures, valuation methodologies, fee models, and reporting frameworks in line with legal documents
• Assume overall accountability for the NAV oversight framework across the assigned client portfolio, ensuring accuracy, consistency, timeliness, and compliance with fund documentation, accounting standards, and regulatory requirements.
• Oversee the end‑to‑end NAV production cycle, including capital activity, income recognition, valuation inputs, investor allocations, and fee calculations
• Provide day‑to‑day supervision of Senior Fund Accountants and Fund Accountants within the team.

What we offer

• Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profile
• Wellbeing: additional social benefits such as private health and dental cover, life assurance, monthly meal vouchers, access to our gym & tennis court and regular social events run by our CHESS team
• Annual leave: our employees are entitled to paid annual leave plus all local public holidays
• Enhanced maternity and paternity, including shared parental leave and adoption leave
• Flexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend. As such, we are open to conversations with employees related to setting up flexible working arrangements.

Qualifications

• Bachelor’s degree in Accounting, Finance, or Economics
• ACCA (or equivalent) – qualified or advanced stage preferred
• Strong knowledge of Lux GAAP and IFRS (including consolidation)
• 8+ years of experience in fund administration, primarily for closed-ended funds, open-ended funds and evergreen/hybrid funds, with experience in various asset classes (private equity, private debt, listed loans)
• Prior experience reviewing NAVs and supervising team members is essential.

Additional Information

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.  

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee. 

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced. 

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning