Associate, Group Accounting; Credit

Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds across two core asset classes, private equity and credit, with total committed capital of approximately €80bn. The Permira private equity funds make both long-term majority (Buyout) and minority (Growth Equity) investments in four key sectors:
Technology, Consumer, Healthcare, Services. The Permira credit funds support businesses with flexible financing solutions across Direct Lending, Strategic Opportunities and CLO Management. Established in 2007, the firm advises investment funds and products which have provided approximately €20 billion of debt capital to over 300 businesses.

The purpose of this position is to assist with the routine day-to-day accounting of Permira Credit reporting to the Financial Controller.

Key responsibilities:

• Act as backup for AP activity (Procure to Pay cycle)
• Assist with recharges/AR matters (invoicing, cash collection…)
• Assist with month-end and quarter-end close journal postings, and ledger maintenance.
• Perform weekly and monthly bank reconciliations for multiple currencies accounts.
• Prepare monthly reconciliations, maintain excel working paper schedule of balance sheet accounts and accurate records and excel working paper schedules for all aspects of the balance sheet.
• Perform inter-company reconciliations and provide supporting documentation evidencing transactions
• Preparation of month end journals such as accruals and prepayments.
• Monitor cash balances across corporate entity and supply information for cash flow management.
• Maintain accurate records and excel working paper schedules for all aspects of bookkeeping
• Prepare VAT returns on a quarterly basis
• Assist in preparation of budgets/forecasts
• Assist in annual audit deliverables, backing schedules, and reconciliations as required.
• Provide essential support across Credit finance teams.
• Help maintain accurate documentation for internal and external reporting.

Essential skills Requirements:

• Progress toward ACA/ACCA/CIMA qualification.
• Good understanding of financial statements and double-entry bookkeeping.
• Ability to meet strict deadlines whilst maintaining accuracy.
• Attention to detail and willingness to learn.
• Excellent analytical skills.
• Ability to prioritise tasks in a fast-paced environment with a flexible attitude.
• Friendly and approachable manner.
• Proactive approach and strong communication skills.
• Curious, commercially aware, and keen to develop in a growing Private Credit business
• Team-oriented with the ability to build strong working relationships across finance and investment teams.