Junior Fund Accountant

Michael Page (UK); City Of London; Hybrid; GBP 45,000; Full time

Job summary

An established industry player in financial services is seeking a skilled Fund Accountant to join their dynamic team in London. This exciting role offers the opportunity to oversee day-to-day fund accounting operations, ensuring compliance with accounting standards and regulatory requirements. You'll collaborate with various internal teams and external service providers, contributing to the development of accounting policies and procedures. With a focus on accuracy and detail, this position is perfect for someone with a strong understanding of NAV calculations and a passion for the asset management space. Join this innovative firm and advance your career in a supportive environment that values professional growth.

Benefits

Performance bonus

Study support

Hybrid working - 3 days a week in office

Private Healthcare

Stock options

Healthcare plans

Qualifications

• Minimum 3 years experience in Fund Accounting.
• Strong understanding of NAV calculations for accurate fund valuation.

Responsibilities

• Oversee fund accounting operations and ensure compliance with standards.
• Assist in month-end reporting and collaborate with internal teams.

Skills

Fund Accounting

Net Asset Value (NAV) calculations

Communication Skills

Detail-oriented

Understanding of financial products

Understanding of Asset Management

Education

Bachelor's degree

Part qualified - ACCA/CIMA/ÁCA

Job description

Gain experience in financial services by working for a financial institution

£45k Fund Accountant role

About Our Client

A specialist, investment-led, active fund management group headquartered in London.

Job Description

1. Oversee the day-to-day fund accounting operations across all fund ranges.
2. Perform account reconciliations and review stock and cash reconciliation reports.
3. Identify and resolve discrepancies in accounting records, including corporate actions and pricing issues.
4. Maintain accurate and up-to-date financial records in compliance with accounting standards.
5. Ensure adherence to all regulatory requirements related to fund accounting processes.
6. Assist in month-end reporting by compiling, preparing, and distributing financial reports.
7. Support the year-end close process for all funds managed by official administrators.
8. Collaborate with internal teams, including investment, operations, and legal, to ensure seamless coordination of fund-related activities.
9. Build and maintain relationships with external service providers, such as auditors and official administrators.
10. Assist in monitoring and reporting fund expenses and revenue, including fee calculations and invoicing.
11. Contribute to the development and implementation of fund accounting policies and procedures.

The Successful Applicant

1. Minimum 3 years experience in Fund Accounting
2. A strong understanding of Net Asset Value (NAV) calculations is essential to ensure accurate valuation and reporting of funds.
3. Bachelor's degree
4. Part qualified - ACCA/CIMA/ÁCA
5. Excellent communication skills - written and verbal
6. Detail focused
7. Understanding of financial products and instruments and their accounting
8. Understanding of the Asset Management space

What's on Offer

1. Performance bonus
2. Study support
3. Hybrid working - 3 days a week in office
4. Private Healthcare
5. Stock options and Healthcare plans