Manager - Fund Services & Administration

Macquarie Bank Limited; Council of the City of Sydney; Hybrid; AUD 90,000 - 120,000; Full time

Job summary

A leading financial services firm in New South Wales is seeking an experienced professional to join their fund service and administration team. The role involves oversight of unit pricing, coordination of fund onboarding, and managing a small team. Required qualifications include 5+ years of fund accounting experience and a relevant degree. The company offers a hybrid work environment and additional leave benefits.

Benefits

Wellbeing leave day

Additional service bonus leave

Paid parental leave

Paid volunteer leave

Gender affirmation leave

Employee Assistance Program

Salary packaging options

Learning reimbursement

Flexible working arrangements

Reimbursement for home office equipment

Qualifications

• 5+ years’ experience in fund accounting, fund service or fund administration.
• Good understanding of unit pricing, performance and tax distributions.
• Good understanding of domestic and international fixed income and equities including ETFs.

Responsibilities

• Oversee unit pricing daily, monthly, and quarterly, including ETF’s.
• Coordinate new fund and client onboarding and management of fund terminations.
• Liaise with central product and front office teams.

Skills

Fund accounting experience

Understanding of unit pricing

Knowledge of fixed income and equities

Experience managing direct reports

Proficiency in Microsoft Office

Education

Undergraduate degree in finance or accounting

Job description

Join our Enterprise division in Macquarie Asset Management and support our fund service and administration team who are responsible for the daily operations of investment functions including the management of investment schemes and separately managed client activities (mandates).

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

You will be responsible for the oversight of unit pricing daily, monthly and quarterly, including ETF’s, review of fund distributions and mandate performance. In addition, you will coordinate new fund and client on-boarding, management of fund terminations, liaise with central product and front office teams, which will include portfolio managers, risk and compliance, relationship management with third party custodians, and management of three junior staff members.

What you offer

• 5+ years’ experience in fund accounting, fund service or fund administration
• Good understanding of unit pricing, performance and tax distributions.
• Good understanding and knowledge of domestic and international fixed income and equities including ETFs.
• Experience managing direct reports (small team) (preferred)
• Skilled in using Microsoft Office suite (Excel, Word, PowerPoint)
• An undergraduate degree in finance, accounting or equivalent.

What we offer

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on employment type, include:

• 1 wellbeing leave day per year
• Up to 5 additional service bonus leave days per year
• Up to 20 weeks’ paid parental leave for primary caregivers along with 12 days of transition leave upon return to work, and 6 weeks’ paid leave for non-primary caregivers
• 2 days of paid volunteer leave and donation matching
• Up to 12 months’ gender affirmation leave, including 6 weeks’ paid leave
• Access to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinations
• Access to a wide range of salary packaging options
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

Macquarie Asset Management is a global asset manager that aims to deliver positive impact. We’re trusted by institutions, pension funds, governments, and individuals to manage billions in assets globally. We provide access to specialist investment expertise across a range of capabilities including fixed income, equities, multi-asset solutions, private credit, infrastructure, green investments, natural assets, real estate, and asset finance.

Our commitment to diversity, equity and inclusion

We are committed to fostering a diverse, equitable and inclusive workplace. We encourage people from all backgrounds to apply and welcome all identities, including race, ethnicity, cultural identity, nationality, gender (including gender identity or expression), age, sexual orientation, marital or partnership status, parental, caregiving or family status, family and domestic violence status, neurodiversity, religion or belief, disability, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process. To learn more, contact our team.

Our aim is to provide reasonable adjustments to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know in the application process.