Job Title: Accountant

Service Line: Client Services - Accounting

Location: Madrid, Spain

About Palmer

Palmer is built to set the standard for private capital administration.

We were designed from the ground up for complex private capital structures, without the constraints of legacy systems or processes. Our approach combines experienced professionals, a purpose-built operating model and carefully applied technology to deliver consistent, high-quality outcomes for our clients.

Our focus is simple: clarity, precision and service that works the way it should. We build long-term relationships by being responsive, thoughtful and reliable in how we deliver.

As we continue to grow, we are investing in our platform, our people and the way we operate, creating an environment where individuals can take ownership and contribute to a business that is designed to do things better.

Opportunity at Palmer

Joining Palmer means becoming part of a dynamic and growing team of professionals who are redefining fund services.

As an Accountant, you will be part of the Corporate Services team in Madrid. You will deliver accounting and reporting for a portfolio of Spanish SPVs, corporate entities and fund structures. You will also support the build-out of our fund administration capability for Spanish structures, including SCRs.

We offer:

  • A collaborative and inclusive work environment

  • Exposure to international fund structures and multiple international jurisdictions

  • Opportunity to join a growing team offering excellent growth and career development prospects

  • Access to modern technology and systems to support efficient and high-quality service delivery

Role and responsibilities (include but are not limited to):

Accounting & Financial Reporting

  • Prepare daily bookkeeping and accounting entries for Spanish SPVs, holding companies and fund structures

  • Prepare monthly, quarterly and annual closings, including bank and intercompany reconciliations

  • Prepare annual accounts (cuentas anuales) under the Spanish General Accounting Plan (PGC), and under IFRS where required

  • Support the preparation of NAV calculations, capital calls, distributions and investor reporting for fund clients

  • Maintain accurate accounting records and supporting documentation in line with internal policies

  • Ensure timely, accurate and compliant delivery of all client accounting outputs

Tax, Regulatory & Compliance

  • Prepare and support corporate tax and VAT filings in coordination with clients' tax advisers

  • Prepare regulatory reporting for CNMV-registered entities and other statutory filings, including the filing of annual accounts with the Mercantile Registry

  • Stay updated with Spanish accounting, tax and regulatory developments relevant to client structures

  • Assist in monitoring compliance with internal controls, procedures and service-level standards

Audit & External Stakeholders

  • Prepare audit support files and documentation for interim and annual audits

  • Liaise with external auditors, tax advisers and banks under guidance to resolve queries

Client Service & Stakeholder Management

  • Act as a point of contact for client queries, responding effectively and escalating where appropriate

  • Maintain client dashboards, trackers and timelines to monitor deliverables and service quality

  • Ensure proactive communication regarding deadlines, issues and deliverables

Operations, Systems & Process Improvement

  • Collaborate with the teams to support smooth operations in Spain

  • Use and help improve our accounting systems, including Cegid

  • Assist in testing new system features and provide structured feedback to support system enhancements

  • Support technology integration initiatives aimed at improving efficiency and client service delivery

Teamwork & Professional Standards

  • Work closely with Palmer's senior management, as well as cross-functional teams across our jurisdictions

  • Uphold a collaborative, professional and client-focused team culture

  • Support knowledge sharing and continuous improvement initiatives

Qualifications/Experience:

  • Bachelor or Master degree in Accounting, Finance, Economics or a related field

  • Progress towards ACCA, ACA or an equivalent professional qualification is an advantage

  • 2 to 4 years' experience in accounting, audit or professional services, ideally in fund administration, corporate services or financial services

  • Sound knowledge of the Spanish General Accounting Plan (PGC) and Spanish tax obligations; knowledge of IFRS is an advantage

  • Experience with SPVs, holding structures or private capital funds (e.g. SCRs) is an advantage

Skills & Competencies:

  • Clear and professional communication and interpersonal skills

  • Strong analytical and numerical skills

  • Proficiency in Excel and accounting software (SaaS based)

  • High attention to detail and commitment to deliver accurate work

  • Strong organizational and time management skills

  • A growth mindset, especially around data management, AI tools and automation, with curiosity to apply new technologies in your daily work

  • Ability to work collaboratively in a team environment, build strong working relationships and share knowledge

Languages:

  • Full fluency in Spanish and English (spoken and written) is essential

Build your career differently

Interested in joining Palmer?

Apply for this role