Senior Fund Accountant

COMPANY OVERVIEW 

Remara is an Australian-based alternative asset manager with over $3 Billion in assets under management, specialising in credit, real estate, and tactical opportunities. The firm focuses on buying, building, and partnering for the long-term ownership of businesses that generate assets designed to meet investors' needs across the capital stack. 

With a strong emphasis on co-investment, transparency, and diversification, Remara invests alongside its clients to ensure alignment of interests. The firm operates across complementary businesses, including capital raising, private lending, and alternative asset management, offering tailored investment opportunities to suit a variety of financial goals and risk profiles. 

Remara’s strategy combines innovation and discipline to deliver consistent, high-quality outcomes for investors, positioning itself as a trusted partner in navigating the complexities of private asset markets. 

JOB PURPOSE: 

The Senior Fund Accountant role will play a pivotal role in driving the financial success and operational excellence of our investment funds. You will oversee the full lifecycle of fund operations, including accounting, financial reporting, and performance analysis, for a diverse portfolio of assets covering private equity, private credit, and real estate. Working closely with cross-functional teams, you will provide key financial insights, ensuring that our investors receive accurate, timely, and transparent reporting. Your expertise in managing complex fund structures, reconciliations, and compliance obligations will directly support the growth and success of our investment strategies. 

This role offers a unique opportunity to deepen your experience within sophisticated alternative investments in a dynamic and high-growth environment. You will have exposure to both the operational and strategic sides of the business, collaborating with senior stakeholders and contributing to innovative projects such as fund launches and portfolio restructurings. 

KEY ACCOUNTABILITIES 

Fund Operations 

• Manage day-to-day fund accounting activities across multiple investment funds, ensuring accuracy and compliance with fund agreements. 

• Perform daily and monthly reconciliations of cash accounts, investments, and fund transactions (e.g., acquisitions, disposals, and corporate actions). 

• Oversee fund cash flow management, including forecasting liquidity needs, monitoring inflows/outflows, and maintaining appropriate reserve levels. 

• Process capital activity, such as investor capital calls, distributions, and management fee calculations. 

Financial Reporting  

• Prepare and review monthly, quarterly, and annual financial statements for each fund, adhering to financial reporting standards (IFRS). 

• Ensure that Net Asset Value (NAV) calculations, performance metrics, and investor allocations are performed accurately and on time. 

• Maintain detailed general ledgers for each fund, including tracking all transactions, accruals, and unrealized gains/losses. 

• Collaborate with auditors to facilitate smooth financial audits and provide supporting documentation as required. 

Audit & Compliance  

• Serve as a key point of contact for external auditors, coordinating audit schedules, providing fund documentation, and addressing queries. 

• Support compliance with Australian regulatory requirements, including tax lodgements (e.g., GST, income tax), ASIC filings, and financial regulatory submissions. 

• Monitor changes in regulatory and tax guidelines, ensuring that the funds remain compliant with all legal and statutory obligations. 

Portfolio Support 

• Work closely with the investment team to maintain detailed records of portfolio holdings and valuations across asset classes  

• Assist in preparing and updating fund performance models, calculating internal rates of return (IRR), multiples, and other key performance metrics 

• Review and verify investment valuation reports prepared by third-party appraisers or internal teams, ensuring alignment with industry standards 

• Track and manage investment-level transactions, including acquisitions, financing, and asset dispositions 

Investor Relations 

• Generate and distribute customised reports for investors, including capital account statements, quarterly fund updates, and performance summaries 

• Collaborate with the investor relations team to address investor queries related to fund performance, capital activities, and financial statements 

• Ensure the integrity and security of investor data by implementing robust controls and adhering to data protection regulations 

System Management & Process Improvement  

• Maintain fund accounting and financial reporting systems, ensuring data accuracy and smooth system operations 

• Identify opportunities to enhance accounting processes and reporting efficiency through automation or system upgrades 

• Work with IT and operations teams to implement new technology solutions for portfolio tracking, data management, and financial analysis 

• Develop and document standard operating procedures (SOPs) to support scalability and knowledge transfer across the finance team 

Cross Functional Collaboration 

• Collaborate with various internal stakeholders, including portfolio managers, legal, tax, compliance, and operations teams, to provide financial insights and support decision-making 

• Participate in strategic initiatives such as fund launches, restructurings, and new investment product development 

• Contribute to ad hoc financial projects and analyses as requested by senior management, including scenario modelling and budget planning