Senior Fund Accountant
DIFC
35k+ bonus
Must have experience working directly for alternative investment firms.
Senior Fund Accountant for a growing alternative investment management business operating across public and private markets based in the DIFC.
The role will support the accurate accounting, reporting, and operational oversight of a range of investment vehicles, including hedge funds, private funds, and co-investment structures.
This position offers exposure to complex investment strategies, valuation processes, and close interaction with investment, operations, and external service providers.
Fund Accounting & NAV
- Prepare and review monthly, quarterly, and annual NAV calculations for public and private market funds
- Maintain accurate accounting records under IFRS / UK GAAP / US GAAP as applicable
- Book complex transactions including derivatives, corporate actions, private investments, capital calls, and distributions
- Reconcile portfolio positions, cash, and P&L with administrators, custodians, and brokers
Private Markets & Valuations
- Support accounting and monitoring of private equity, private credit, real assets, and structured investments
- Assist with fair value assessments in line with IPEV / IFRS 13
- Track capital commitments, drawdowns, distributions, and waterfall calculations
- Maintain investment schedules and supporting valuation documentation
Public Markets Exposure
- Account for listed equities, fixed income, derivatives, FX, and structured products
- Support daily or monthly P&L analysis and performance reporting
- Assist with pricing, valuation checks, and market data controls
Reporting & Financial Statements
- Prepare fund financial statements, supporting schedules, and audit deliverables
- Assist with investor reporting, factsheets, and ad-hoc information requests
- Support regulatory and compliance reporting as required
Oversight & Controls
- Act as a key contact for third-party administrators and auditors
- Review administrator outputs and challenge discrepancies
- Contribute to the enhancement of fund accounting processes, controls, and systems
YOu must have
- Degree in Accounting, Finance, or related discipline
- 5+ years experience in fund accounting within asset management, fund administration, or audit
- Exposure to alternative investment structures (hedge funds, PE, private credit, real assets)
- Strong understanding of NAV, valuations, and investment accounting
- High attention to detail with strong analytical skills
- Professional qualification or progress towards ACA / ACCA / CIMA / CPA
- Experience across both public and private market instruments
- Familiarity with fund structures such as LPs, SPVs, feeders, and co-invest vehicles
