Location: Lahore
Education: Bachelors Degree in Accounting & Finance / ACCA/ CA Inter
Experience: More than 5 years of experience and should be experienced at dealing with auditors and preparing financial statements and accounts for the fund.
Key Responsibilities:
- Review and confirm the investment closing documents from financial control perspective before sending out the disbursement.
- Report to the General Partners on the Fund’s accounts and prepare activity reports on a monthly basis. Details include but not limited to;
· Produce a set of monthly P&L, Balance Sheet, Cash flow Statement and Capital Statements in accordance to IFRS.
· Produce monthly bank reconciliation.
· Produce monthly reconciliation schedule of all balance sheet accounts for the Fund.
· Perform monthly valuation analysis for each portfolio investment and update Fund financial accounts accordingly. Produce a valuation report as supporting evidence for each change of portfolio holding value on the accounting book.
· Submit portfolio update file monthly together with up to date portfolio cap tables and investment information
· Perform Fund performance analysis report on a monthly basis (e.g. MOIC, TVPI, DPI, IRR).
- Coordinate with the investment team to ensure periodic LP reports are produced in time with adequate disclosure of Fund financial information
- Monitor Fund account(s) including all capital inflows and outflows in accordance with the Fund’s drawdown and disbursement process.
- Keep track and archive all bank statements /capital call notices / IC minutes / Investment Memos/Closing documents /Valuation reports/ Portfolio Update files as audit trails.
- Keep track of all capital call on a sub-ledger and reconcile with call notices.
- Keep track of all capital disbursement on a sub-ledger and reconcile to disbursement documents.
- Monitor and ensure all Fund level expenses (legal, business admin, insurance etc.) are accrued and paid in time.
- Monitor the payment from LPs according to capital call notices are arrived in Fund’s bank in time.
- Liaise and work with external auditors for yearly fund audit and ensure audit is completed and audit report is submitted to General Partner for distribution to LPs in a timely manner.
