Fund Accountant

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Line of Service

Tax

Industry / Sector

Not Applicable

Specialism

General Tax Consulting

Management Level

Associate

Job Description & Summary

At PwC, our people in tax services focus on providing advice and guidance to clients on tax planning, compliance, and strategy. These individuals help businesses navigate complex tax regulations and optimise their tax positions.

Those in tax compliance at PwC will focus on validating clients' compliance with tax laws and regulations. You will review and analyse financial data, prepare and file tax returns, and assist businesses in meeting their tax obligations while minimising risks of non‑compliance.

Responsibilities

• Responsible to onboard new clients and set‑up new funds and fund structures into the accounting system in accordance to governing documents (i.e., PPM, LPA, etc).
• Responsible for providing quality accounting / bookkeeping and fund administration service for closed‑ended / evergreen Alternative Investments Funds (Private equity / Venture Capital / Real Estate and Fund‑of‑funds) including family offices (the “Funds”).
• Preparation of monthly / quarterly / semi‑annual / annual / Net Asset Value (the “NAV”) reporting pack which includes :
• Trial balances and general ledgers.
• Cash and investment portfolio reconciliation.
• Expenses accruals (Fund‑related expenses, Fund Administration fees, Management fees, etc).
• Calculation of (i) Performance fees : incentives fees, carried interests, and / or distribution waterfall and (ii) Clawback calculations, etc.
• Invoice processing (including handling client’s payments and receipts).
• Dividend and interest accruals.
• Partners’ capital statements, management accounts and other deliverables (if required)-Knowing consolidation, a plus.
• Drafting of financial statements and related International Financial Reporting Standards (“IFRS”) disclosures in accordance with audit standards.
• Facilitate annual audits of the Funds and liaise with the auditors to ensure timely completion of audit.
• Assist senior fund accountants to take care of day‑to‑day operation of the funds which includes resolving accounting issues and client service matters.

Transfer Agency Services

To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose‑led and values‑driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

As an Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to :

Requirements

Education

Degrees / Field of Study required :

Degrees / Field of Study preferred :

Certification

Required Skills

Optional Skills

Accepting Feedback, Accepting Feedback, Accounting Practices, Active Listening, Communication, Corporate Tax Planning, Drafting Tax Documents, Emotional Regulation, Empathy, Financial Audit, Financial Review, Financial Statement Analysis, Inclusion, Intellectual Curiosity, Monitoring and Analyzing Financial Trends, Optimism, Preparing Tax Documents, Project Management, Regulatory Compliance Consulting, Regulatory Submissions Filing, Tax Accounting, Tax Auditing, Tax Compliance, Tax Credit, Tax Preparation {+ 4 more}

Desired Languages

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date

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At PwC, our purpose is to build trust in society and solve important problems. It is this focus which forms the services we provide and the decisions we make.

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