Senior Fund Accountant

Location: Nairobi
Job Type: Permanent
Contact: Adit Mehta
Email: email Adit
Posted: over 1 year ago

Our client is recruiting a full-time Senior Fund Accountant to lead and oversee compliance of its direct investment vehicles. The Senior Fund Accountant will be responsible for overseeing the preparation and review of quarterly and annual financial statements, head up internal controls and processes, manage financial operations, and act as the contact point for all service providers including outsourced accountants, auditors, and other related parties. 

They operate in frontier and developing markets that offer immense investment opportunities.

Responsibilities and role

  • Self-starter who is passionate about creating lasting change in frontier and developing markets
  • The belief that innovation is at the heart of finding solutions to the world’s biggest challenges
  • Background and interest in accounting for alternative investment funds
  • Creative, discerning, and detail-oriented regarding the proper application of accounting principles to various transactions
  • A problem-solver who perseveres through complicated puzzles and builds systems from solutions
  • Strategic thinker who acts with both team and broader group objectives in mind
  • Confident and effective communicator, especially in cross-cultural contexts
  • Willingness to work and live in challenging environments
  • Ability to manage multiple workstreams, prioritise, and deliver on tasks independently
  • Oversee the financial close process for all regional fund entities, managing local accounting service providers in Mauritius and seven other African countries
  • Perform cash balance reconciliations
  • Manage quarterly and annual investor financial reporting processes, including approval of financial statements and capital account statements
  • Design and implement a robust internal control environment across all entities and ensure adherence to group reporting policies
  • Oversee invoicing and collections for operational assets
  • Manage tax compliance and audit for operational entities, in conjunction with local service providers
  • Prepare budgets and forecasts for fund entities
  • Manage and track debt and cash balances for each fund
  • Lead capital activity including capital calls, distributions, valuations, and finance facility sweeps/transfers
  • Calculate fair value/NAV of investments where required
  • Read and interpret investor agreements
  • Collaborate with internal and external legal teams to monitor fund loan and equity covenants
  • Collaborate with investment officers to design fund performance metrics and portfolio monitoring processes
  • Recommend and implement automation and documentation of fund management processes
  • Train new and existing team members to build Group fund management expertise


  • Experience working across multiple African jurisdictions
  • Interest in designing and implementing financial management and compliance processes for newly established funds (process, team, systems, etc.)
  • Comfort with ambiguity; ability to operate effectively within a growing business
  • Ability to edit/interpret financial models for a wide range of structures and scenarios
  • Working proficiency with Deltek, Preqin, Sage Suite or similar preferred
  • Desire to play a senior role advising the scale-up of innovative financing ventures
  • Strong quantitative and technical accounting skills
  • Chartered Accountant, CPA, CIMA, or similar qualification
  • 2-5 years post qualification experience, preferably working in private equity, venture capital or infrastructure fund management
  • Understanding of the key commercial terms in legal contracts and how to apply them to fund management processes
  • Proficient in Microsoft Office (Word, Excel, PowerPoint)

Reaching out

For a confidential discussion on this or any other opportunities available in the market please contact Adit Mehta at - Direct Line: +65 6340 1944 

EA License No: 16S8303 - EA Registration No: R1653437