What role will you play?
You will be involved in managing funds which facilitate investment opportunities, working closely with a wide range of co-investment capital. Your responsibilities will include reviewing financial and capital account statements to investors, providing support to the fund administrator for accounts maintenance, managing reporting and information requests from Limited Partners including contact updates, supporting KYC and onboarding requirements and processing administrative requests You will also be involved in arranging capital calls on initial investment and annual administrative fees, reviewing administrative fees and waterfall computations and processing distributions.In addition, you will manage bank accounts and process transactions and expenses, as well as work with Macquarie’s Financial Management Group on reconciliations. On the audit side, you will review management accounts and financial statements, and provide data and valuations across all funds. You will assist the team with the setup of new funds for investment, support investor onboarding processes, liaise with internal stakeholders on administrative approvals, liaise with the fund administrator on new transactions, support transaction closing procedures, and support the distribute and liquidation process after exits from positions.
Overall you will have primary responsibility for all fund operations and administration, with support from the third-party fund administrator and other service providers. There is significant scope to increase responsibilities over time such as supporting the team on portfolio management.
What you offer
- 8 years’ experience in a fund operations or fund accounting role most likely with a fund or administrator
- Proven capability to work well in a small team and take on ad hoc tasks as needed
- Ability to work independently is critical
- Fund accounting experience, with exposure to other aspects of funds operations an advantage
- Familiarity with Cayman fund regulations such as AML, FATCA and CRS would be an advantage
- Candidates with less experience may be considered as Fund Administrative Associate.
What we offer
At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:- 1 wellbeing leave day and 5 additional paid Flexi-Leave days per year
- 20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
- 2 days of paid volunteer leave and donation matching
- Option to purchase additional annual leave
- Benefits and initiatives to support your physical, mental, and financial wellbeing including comprehensive medical and life insurance cover and additional flexible wellbeing credits and access to the Rental Reimbursement Program
- Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
- Hybrid and flexible working arrangements, dependent on role
- Reimbursement for work from home equipment
About Macquarie Capital
Macquarie Capital partners with businesses, startups and governments to connect ideas to capital and help drive innovation, growth and create real-world impact. Our global corporate advisory, investing, development and equities capabilities are underpinned by a full spectrum of capital markets solutions and deep sector expertise, with a focus on infrastructure and real assets, technology, software and services, and resources, energy and materials.Inclusion at Macquarie
We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.