Fund Accountant

Systematica Group; City Of London; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Private medical insurance

Bonus and pension

Office snacks

Paid parental leave

Job summary

Systematica Investments is seeking a Fund Accountant for its London team. You will support daily P&L, NAV, valuations, reconciliations and reporting in a fast-paced environment while contributing to process improvements.

The role requires strong Excel skills, attention to detail and the ability to manage multiple priorities. Degree-level education and a relevant qualification (ACA/ACCA/CIMA or equivalent) are preferred.

Qualifications

• Educated to degree level or equivalent.
• Strong academic results in relevant subjects.
• Newly qualified or close to ACA/ACCA/CIMA or equivalent.

Responsibilities

• Manage daily P&L process and attribution by driver.
• Produce daily/weekly/monthly fund return estimates and attribution.
• Support full month-end close, valuation policy adherence and NAV reconciliation.
• Monitor daily valuation changes with market drivers.
• Prepare monthly/quarterly/ad hoc reports for senior management.
• Assist with new funds, launches and regulatory reporting (PF/AIFMD).
• Initiate and foster process improvements.

Skills

Fund accounting

NAV

P&L

Valuations

Excel

VBA

Analytics

Communication

Process improvement

Education

Degree level education

Academic excellence

Professional qualification (ACA/ACCA/CIMA)

Tools

Excel

VBA

Job description

Fund Accountant

Department: Fund Accounting

Employment Type: Permanent - Full Time

Location: London

Description

The Fund Accounting team is based in our London office and works closely with other support functions across the business. As the number of funds continues to grow, we are looking for a motivated Fund Accountant who is keen to learn, develop and contribute to the team. The successful candidate will support daily P&L, NAV, valuations, reconciliations and reporting, and will bring strong analytical skills, attention to detail and the ability to manage multiple priorities in a fast-paced environment

Key Responsibilities

• Manage the daily P&L process, including the attribution of P&L by driver;
• Produce daily, weekly and monthly fund return estimates and attribution;
• Support the full month-end close process, including:
  • Adhering to the valuation source hierarchy and overall valuation policy;
  • Assisting the administrator in obtaining independent confirmation of external valuations; and
  • Reconciling estimated NAV and P&L to final NAV and P&L.
• Monitor daily valuation changes to ensure that movements are consistent with market drivers;
• Prepare monthly, quarterly and ad hoc reports for senior management, summarising P&L attribution, fund performance, key drivers, significant changes and any risks to business continuity;
• Assist with new business initiatives, fund launches, new products and new corporate structures;
• External reporting, including
  • Assist with the preparation of annual audited financial statements; and
  • Assist with the preparation and review of regulatory reporting, including Form PF and AIFMD reporting;
• Initiate and facilitate process improvements.

General

• Provide day-to-day support to colleagues within the team and across the wider organisation;
• Any other duties commensurate with the post holder’s position and seniority; and
• All employees should understand that it is their personal responsibility to comply with all organisational, statutory and regulatory policies and procedures.

Skills, Knowledge and Expertise

• Relevant experience in fund accounting, product control or a related finance role, ideally within asset management or financial services
• Experience of NAV, P&L, reconciliations, valuations or financial reporting;
• Advanced Excel skills and proficiency in other Microsoft Office applications;
• A proactive approach to process improvement; VBA experience would be advantageous;
• Strong analytical skills and attention to detail;
• Strong written and verbal communication skills.

Educational & Professional Qualifications

• Educated to degree level or equivalent;
• Strong academic results in subjects relevant to the role; and
• Newly qualified, or close to completing a relevant professional qualification, such as ACA, ACCA, CIMA or equivalent.

Benefits

• Systematica Investments provides you with excellent benefits from day 1. We provide private medical insurance for you and your immediate family.
• We offer competitive salaries combined with an attractive bonus and pension.
• Free drinks and snacks at the office.
• Paid parental leave with enhanced leave for mothers/primary carers.

We are an equal opportunity employer and value diversity at our company.