Fund Accounting Manager

Generation Life - Outthinking today.; Melbourne; On-site; AUD 100,000 - 130,000; Full time

Job summary

Generation Life - Outthinking today. is seeking a Fund Accounting Manager to oversee the operational integrity of investment-linked funds with responsibilities including unit pricing, financial reporting, and compliance. Ideal candidates should have a degree in Business/Commerce and CPA/CA, with 7-8 years of Financial Services experience. Strong analytical skills, team leadership abilities, and proficiency in Excel are essential. This role offers a dynamic working environment where operational improvements and mentoring are key focus areas.

Qualifications

• 7-8 years of Financial Services industry experience with a Fund Manager, Custodian, or Life Company.
• Experience in leading and coaching a team.
• Familiarity with system development is advantageous.

Responsibilities

• Oversee the operational integrity of investment-linked funds and unit pricing.
• Drive operational improvements and mentor team members.
• Manage incidents, including root cause analysis and remediation.

Skills

Financial Services industry experience

Team leadership

Strong analytical skills

Stakeholder management

Excel and IT knowledge

Education

Degree qualification in Business/Commerce

CPA/CA highly regarded

Job description

As a leading provider of financial solutions, Generation Life is a regulated life insurance company, and our parent company, Generation Development Group Limited is listed on the Australian Securities Exchange (ASX) and comprises a number of diversified financial services related businesses.

As the pioneer of Australia’s first truly flexible investment bond, we have been at the forefront of providing innovative tax-effective investment solutions since 2004. As an innovative and forward thinking business, we constantly strive to help Australians navigate the financial complexities of tomorrow. Today, we are a leading specialist provider of tax optimized investment, succession planning, intergenerational wealth transfer, estate planning and retirement income solutions – with over $4.8 billion invested with us to date.

The opportunity

The Fund Accounting Manager is responsible for operational integrity of our investment-linked funds, overseeing both the Unit Pricing and Fund Accounting function. The role is responsible for ensuring robust financial reporting, strong internal controls and compliance with regulatory requirements while driving operational improvements and mentoring team members.

This role suits a hands on, technically strong professional who is comfortable operating in a highly regulated environment. Responsibilities include:

• End‑to‑end daily unit pricing process including reviewing, validating and approving unit prices prior to release
• Ensure correct treatment of fees, taxes, expenses, valuations, and corporate actions
• Maintain pricing methodologies in line with product rules, policies, regulatory requirements and industry best standards
• SLA Monitoring and reporting
• Ensure quality and timeliness of all fund accounting activities
• Review adjustments and accounting outputs related to Funds
• Co-ordinate the internal and external review processes
• Ensure effective segregation of duties, review checkpoints, and tolerances
• Management of incidents, including root cause analysis and remediation
• Prepare reporting for governance forums, audits, and regulatory reviews
• Maintain clear documentation of procedures, methodologies, and assumptions
• Be aware of risk exposure and promptly escalate issues as they arise

Change, Systems & Improvement

• Support new product launches, fund changes, and transitions
• Lead or contribute to system enhancements and process automation initiatives
• Continuously review operational processes to improve efficiency, accuracy, and control
• Support internal and external audits and regulatory change initiatives

Stakeholder & Team Leadership

• Partner with actuarial, investments, finance, risk, and compliance teams
• Coaching and development of team overseeing performance and training
• Provide technical guidance to team members and/or outsourced service providers
• Translate complex operating issues into clear insights for senior stakeholders

About you

• Degree qualification preferred in Business/Commerce, CPA/CA highly regarded
• Minimum of 7-8 year’s Financial Services industry experience with a Fund Manager, Custodian and/or Life Company
• Experience in leading and coaching a team
• Excel and IT knowledge; familiarity with system development would be an advantage
• Strong work ethic, self-motivated, proactive, and capable of thriving in a fast-paced environment
• Strong analytical skills and attention to detail while working with complex data sets
• Results-oriented and time management skills with an ability to handle multiple tasks and deliver projects in a timely fashion
• Highly collaborative and ability to work well in a team structure
• Excellent communication and stakeholder management skills