Fund Accountant

The opportunity

We currently have a 12-month full-time maximum term opportunity for a Fund Accountant to join QIC's Investment Finance team in Brisbane.

Reporting to the Fund Accounting Manager - GMA/GLS, the Fund Accountant role is responsible for providing fund accounting services for investment funds managed by QIC Limited, as well as ensuring the accuracy and timeliness of all reporting deliverables. This position will involve working closely alongside a team of Fund Accountants in delivering all tasks associated with finance administration.

This position provides a rare opportunity to join a high performing finance team within an iconic funds management global organisation. Working alongside experienced and intelligent colleagues, on high quality assets, this position will provide the opportunity to gain a broad range of experience, be exposed to complex transactions and be a part of a dynamic team.

The key accountabilities of the Fund Accountant include but not limited to:

Financial Control Responsibilities

• Meeting operational accounting requirements for the GMA/GLS entities in a timely manner and in compliance with QIC's risk management frameworks
• Operating in compliance with the financial control framework and in accordance with policies and approved delegations
• Entering investment data into the general ledger and investment management platform (calls, distributions and valuations)
• Monitoring bank account cashflows and entering data into the general ledger
• Calculating monthly revaluations of investments including reconciling the investment management platform to the general ledger
• Calculate and report fund NAV's for monthly unit pricing
• Calculation of fund expense accruals and payments and review of custodian expense accrual processing for the outsourced QIC investment funds
• Contributing to all statutory, regulatory, client and management reporting (e.g. annual financial statements, quarterly BAS, monthly management reports and external reporting that satisfies other fund administration requirements, such as unit pricing, client reporting and performance)

Operations Responsibilities

• Liaising with internal and external stakeholders as required in order to achieve objectives and meet deadlines
• Responding to ad-hoc queries from stakeholders in a timely and thorough manner, as required
• Project-related activities, as required
• Ensuring documentation of processes and procedures is complete and up to date
• Identifying and implementing process improvements
• Review, processing and instructing quarterly distribution calculations

The ideal candidate

The Fund Accountant position has a financial administration and operational focus, it is critical that successful candidates possess a willingness and ability to engage with and develop effective relationships within the Finance team and broader business. In addition, this position ideally requires the successful candidate to have prior fund accounting experience and knowledge of general accounting principles.

As an ideal candidate for this role, you will demonstrate the ability to work in teams, be self-directed, proactive and flexibly respond to changing requirements. Provide outstanding organisational skills, extensive attention to detail and have excellent verbal and written communication skills. You will also demonstrate the ability to learn systems skills quickly.

As a strong candidate for this role, you will have:

• Previous Fund Accounting experience
• Intermediate Microsoft Excel skills
• Ability and desire to operate as part of a team and actively collaborate with other teams
• Ability to plan and organise work to meet deadlines and a willingness to work additional hours, as and when required, to get the job done
• A high level of initiative and pro-activity
• A high standard of accuracy and presentation

Preferred

• CPA or CA qualification
• Knowledge of valuation practices and methodologies in relation to unlisted assets
• Experience with TechnologyOne or Efront FrontInvest
• Experience in a project implementation environment
• Demonstrated ability in process mapping and process efficiencies
• Knowledge of financial products
• Knowledge of taxation concepts and Australian taxation legislation
• Basic knowledge of principles of trust law

Why QIC

QIC Limited (QIC) is a leading global alternatives investment provider for sovereign wealth funds, superannuation funds and other institutional investors. QIC delivers services to over 110 like-minded institutional investors in Australia and internationally with more than A$82.0 billion (30 June 2017) in funds under management.

Spanning fixed interest and liquid strategies, infrastructure, real estate, private capital and multi-asset solutions, QIC adapts its approach to suit the investor and the investment context.

At QIC our pursuit is to be an inclusive organisation - one in which every employee has a true voice. We want every employee to have a sense of belonging within QIC and this includes feeling like his or her difference is valued, whatever the difference. We want to build people leader capability to reduce unintended bias and ensure we are leveraging the uniqueness of all our people.