Senior Business Analyst

We are working with a leading global financial services organisation that is building out its fund accounting workflow for private equity funds. They are seeking a Senior Business Analyst to play a key role in the design, implementation, and optimisation of NAV and fund accounting processes across private markets.

This is a high-impact role partnering closely with Fund Accounting Operations, Technology teams, and third-party vendors, focused on driving standardisation, automation, and strong control frameworks.

Strong fund accounting Business Analysis experience is essential, and hands-on Investran expertise is highly advantageous.

Key Responsibilities

• Lead the end-to-end design and delivery of fund accounting and NAV workflows, covering data ingestion, calculation, validation, exception management, approvals, and downstream reporting.

• Translate complex private fund accounting requirements into clear functional and non-functional specifications.

• Support and refine the product backlog, defining high-quality epics and user stories with testable acceptance criteria.

• Facilitate process discovery and optimisation workshops, documenting As-Is and To-Be workflows across valuation, review, and sign-off stages.

• Design and document workflow orchestration including task management, exception handling, approvals, and system integrations.

• Define and maintain data models, schemas, and mappings supporting NAV production (positions, trades, pricing, FX, accruals, fees, and investor activity).

• Identify opportunities to automate processes, reduce manual touchpoints, and strengthen operational controls.

• Partner with Accounting, Technology, Risk, and external vendors to deliver scalable, audit-ready solutions.

• Support user documentation, operating procedures, and training to ensure smooth adoption.

Required Experience & Skills

• Extensive experience as a Senior Business Analyst within fund accounting, with a strong focus on private equity / private markets.

• Deep understanding of the NAV and valuation lifecycle, including:

  • Capital activity (capital calls & distributions)

  • Investor allocations and waterfalls

  • Management & performance fees

  • FX processing and revaluation

  • Accruals, expenses, and GL postings

  • NAV review, approval, and dissemination controls

• Strong knowledge of private equity fund structures, commitments, vintages/series, equalisation, side letters, and complex fee/carry arrangements.

• Proven ability to work across Operations, Technology, and senior stakeholders, translating accounting detail into practical solutions.

• Strong documentation and process-mapping skills (e.g. workflow diagrams, data flows).

• Comfortable operating in complex, regulated, and control-driven environments.

Highly Advantageous

• Hands-on Investran experience in a private fund accounting environment (capital activity, waterfalls, fee engines, investor accounting, GL workflows).

• Experience working in product-aligned or change-driven environments.

• Exposure to Agile, hybrid delivery models, and tools such as JIRA and Confluence.