Head of Fund & Investment Accounting

Recruiter
Robert Walters
Location
London, United Kingdom
Salary
GBP 38.46 - 43.26 per hour
Posted
19 Oct 2020
Closes
17 Nov 2020
Ref
50592033/001
Job role
Accountant
Sector
Accounting - Public practice
Experience level
Director
The company is a leading London based UK Pension Fund with more than £20bn AUM, comprising a mix of liquid and illiquid assets. The position is a newly created role as a result of growth. We are ideally looking for an individual with more than 10 years Investment Accounting experience and experience within the Asset Management space (exposure to a wide range of products), who will be responsible for leading a local team of 4.
Job Purpose:

Working closely with the Investments Business, the role will have huge scope to shape and develop the function and lead on determining the long term strategy. It will also play a key role in the Finance leadership team and work with the Group Financial Controller to develop the capabilities.

This role will be responsible for overseeing all aspects of Fund and Investment accounting for the Company's Investments. It will have primary responsibility for ensuring the assets are recorded accurately, valued fairly, that unit trading is robust and in line with regulations and that reporting is accurate, timely and in accordance with industry best practice.

Responsibilities:

  • Have responsibility for the firms Fund and Investment accounting functions and co-sourced service partners ensuring that required service standards are met and are within the agreed commercial framework.
  • Partner with the Investments business to oversee and ensure that third party providers comply with contracted commitments. Carry out regular due diligence reviews and visits to test the effectiveness of processes and adherence to agreed procedures.
  • Partner with the Investments Business to ensure all Pooled Funds and Investment Assets can be accounted for and valued correctly. Participate in relevant forums such as new product development and pricing committees.
  • Ensure that statutory, regulatory, audit, internal and external reporting requirements are met for the Funds and all associated Investment entities
  • Collaborate with the Group Financial Controller in the proactive management of external parties such as auditors.
  • Lead the accounting team(s) so that they deliver a strong transactional accounting service. Build competency and training across the team to provide development opportunities.
  • Ensure the investment accounting team provides high quality support to key stakeholders, including the Investment team, providing subject matter expertise and reporting as required.
  • Identify and sponsor progressive change needs for the function to ensure in continues to maintain current, acceptable services and standards.


Skills/Knowledge Required:

  • Minimum of 10 years post qualification accounting experience; a proven record of accomplishment in fund accounting. Direct experience of working within the Asset Management space is essential.
  • An excellent knowledge of best practice for fund accounting.
  • Strong knowledge of various investment products and FCA regulations.
  • Strong people leadership skills; able to motivate, develop, inspire and empower people to deliver outstanding performance
  • Strong knowledge of Systems, Processes and Controls used to support an asset management business as well as an awareness of risk.
  • Direct experience of membership of internal governance forums and committees,
  • Reporting and presentation skills; ability to convey complex information clearly and simply to a wide range of internal and external stakeholders

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